😬 “The Snaggletooth Stock” — SmileDirectClub’s matrix. Spotify’s spiderweb book. The Fed’s game of chicken.

The Best One Yet

Nick & Jack Studios

News, Business

4.7 • 9.5K Ratings

🗓️ 22 September 2022

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Millions of Americans’ pandemic secret was those invisible adult retainers — but SmileDirectClub stock has now fallen 95%. Spotify finally launched audiobooks because nothing feels sticker than Charlotte’s Web. And the Fed just raised interest rates by a record amount for a 3rd time in a row, because someone’s gotta blink first. $SDC $SPOT $SPY Follow The Best One Yet on Instagram, Twitter, and Tiktok: @tboypod And now watch us on Youtube Want a Shoutout on the pod? Fill out this form Got the Best Fact Yet? We got a form for that too Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	This is Nick. This is Jack. It's Thursday the new Friday September 22nd and today's pod is the best one yet. It's the best one. Yes.
0:11.0	I will accept the Dow Jones Industrial Average did drop 500 points yesterday. And the S&P 500 index fell by nearly 2%.
0:19.0	More on that in our second story. In the meantime, Jack. What's the first story for our T-boy?
0:24.0	Smile Direct Club just fell another 10% as people stop buying those invisible braces.
0:30.0	Because Smile Direct Club is living in the wrong matrix.
0:34.0	Yeah, we're fierce.
0:35.0	For our second story, the Federal Reserve just raised interest rates by a record amount again.
0:40.0	And it all comes down to a game of chicken.
0:43.0	Our third and final story. First, Spotify did music. Then Spotify did podcasts.
0:48.0	Now, Spotify's doing audiobooks.
0:51.0	Spider webs feel good.
0:54.0	Was that uncomfortable the way I said good?
0:58.0	It was just uncomfortable enough.
1:01.0	Yet he's before we hit that wonderful mix.
1:03.0	A wonderfully uncomfortable mix, Jack. I love this mix.
1:07.0	Hold on to your horse, Goats.
1:08.0	Yet he's we're transitioning moons to the sign of Libra.
1:11.0	The Sun and Mars just aligned with Jupiter.
1:13.0	A directly over the equator. What are the odds?
1:16.0	Because today, September 22nd is the fall solstice.
1:21.0	Today, September 22nd is the Ottoman oaks.
1:25.0	We're talking the end of summer. The start of fall.
	...

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