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Slate Money

The Disappearing Edition

Slate Money

Slate Podcasts

Investing, Business

4.3988 Ratings

🗓️ 13 May 2017

⏱️ 50 minutes

🧾️ Download transcript

Summary

Felix Salmon of Fusion, emerging-markets expert Anna Szymanski, and Slate Moneybox columnist Jordan Weissmann discuss: - Matthew Desmond’s piece on the mortgage interest deduction in the New York Times Magazine.- The low level of the Volatility Index- Snap’s first earnings report after going public Check out other Panoply podcasts atmegaphone.fm. Email: [email protected]:@felixsalmon,@Three_Guineas, @JHWeissmann Production by Daniel Schroeder. --Felix Salmon is a senior editor at Fusion.--Anna Szymanski is an emerging markets expert and senior strategy officer at a political risk startup.--Jordan Weissmann is Slate’s senior business and economics correspondent. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:18.3

slash podcast reward and receive 20 pounds when you make your first purchase with Revolute.

0:23.6

Until 18-plus, T's and C supply, exchange fees and fair usage limits supply.

0:29.2

The following podcast contains explicit language.

0:37.0

Hello and welcome to the disappearing edition of Slate Money, your guide to the Business and Finance

0:49.9

News of the Week.

0:51.7

I'm Felix Hammond of Fusion. I'm joined by Anna Shimanski.

0:56.0

Hello? And Jordan Weisman of Slate.

0:58.4

Hello. And we are going to be talking about things that disappear like Snap SharePrise. And yeah,

1:06.7

Snapchat is part of a company called Snap. It had its first earnings report

1:11.2

this week and its earnings were not good.

1:14.0

We're going to talk about that later.

1:15.3

We are also going to be talking about another thing which has disappeared,

1:18.6

which is volatility hitting pretty much all-time lows, stocks aren't moving, with the exception of Snapchat.

1:28.0

And we're going to talk about why. I have a theory about this one, but I'm sure Anna's going to have a better theory.

1:34.8

I'll try.

1:35.8

But first, Jordan and I have been fighting for about a year or more on and off.

1:41.6

On Twitter, about the mortgage interest deduction which I think is the most

1:45.8

ridiculous thing and most unjustifiable thing in the tax code and Jordan ever since he became a

...

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