Hello!

and Welcome to the fiscal genie episode of Slate Money, Your guide to, oh my God, what a week was this.

My name is Felix Salmon. I work for Axios. I am here with Emily Peck of

Huffpost. Hello. I am here with Anna Shimansky of Breaking Views.

Hello.

We have managed to get, I don't know, probably about 10 minutes sleep between us,

but we have a surprisingly coherent show today,

given the general status of sleep deprivation. We of course are

going to talk about the result of the presidential election and what it means. We could

do nothing else and you would expect us to. But there have been massive

other news stories in business and finance this week that we also need to cover. So we are going to talk

about the ant IPO, which was meant to be the biggest IPO of all time and then just didn't happen.

And we are going to talk about a huge antitrust lawsuit that the Department of Justice is bringing against

Visa. These are big deals and I know that all you've been looking at is a bunch of

needles and election results so we are going to bring you up to speed on what has been

happening in the world of business and finance as well as the election all coming

up on slate money so we have to start with the election, which let's just work on the assumption here that we have a Biden presidency and a Republican Senate, which looks extremely likely if not quite certain.

What do you make of that Emily?

So yeah we're recording we should say Friday morning and the results still aren't a total lockdown but it does look like Biden's going to win.

What I make of this is, I mean I think we'll be figuring out what to make of this for a long time, but the initial thought is I think

Trump was repudiated pretty, um, Biden has a lock on the popular vote, but the fact that he's going to be governing with a Republican Senate most likely is not a great sign for the country or for the economy. I mean you wrote this Felix this week and

I don't want to steal your thunder but it's going to be tough getting this

...