Massive jobs revision, Kamala's wealth tax, polls vs prediction markets, end of race-based admissions
Description
(0:00) Bestie intros!
(1:59) Labor department revises down nonfarm payrolls by 818K
(15:02) MIT publishes data from first incoming class post race-based admissions ban
(36:16) Decision 2024: State of the race, Polls vs prediction markets
(52:33) Tale of two tickets: Private sector vs. Public sector
(1:05:19) Kamala Harris supports Biden's tax plans, including a 25% wealth tax on those with more than $100M in assets
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Referenced in the show:
https://www.cnbc.com/2024/08/21/nonfarm-payroll-growth-revised-down-by-818000-labor-department-says.html
https://x.com/RealEJAntoni/status/1826290040374243821
https://x.com/DavidSacks/status/1664788807059660800
https://www.statista.com/statistics/269959/employment-in-the-united-states
https://fred.stlouisfed.org/series/FEDFUNDS
https://polymarket.com/event/fed-interest-rates-september-2024?tid=1724345228774
https://x.com/chamath/status/1826360792351957141
https://www.nytimes.com/2018/06/15/us/harvard-asian-enrollment-applicants.html
https://www.natesilver.net/p/nate-silver-2024-president-election-polls-model
https://x.com/Polymarket/status/1826469365069271419
https://blockworks.co/news/polymarket-july-all-time-high-trading-volumes
https://www.semafor.com/article/08/19/2024/harris-camp-signals-it-backs-biden-bid-to-raise-taxes-on-wealthy-corporations
https://www.wsj.com/livecoverage/dnc-election-2024-harris-walz/card/harris-backs-tax-increases-proposed-by-biden-pkuLeYl6f1kXrhN4kWgQ
https://www.crfb.org/blogs/kamala-harris-agenda-lower-costs-american-families
https://home.treasury.gov/system/files/131/General-Explanations-FY2024.pdf
(0:00) Bestie intros!
(7:57) Election impact on Bitcoin, crypto, and fintech stocks
(21:56) M&A and IPOs: What to expect in 2025
(39:52) Pharma advertising on cable tv: Should it be allowed? Is big pharma buying influence?
(58:17) FBI raids Polymarket CEO Shayne Coplan's home
(1:05:51)...
Published 11/16/24
(0:00) Bestie intros!
(4:55) Sacks recaps election night at Mar-a-Lago
(8:28) Analyzing the results: how Trump won, why Kamala and the Democratic Party lost
(25:55) The failing Democratic coalition, campaign spend disparity, Trump's advantage in earned media
(37:59) What mattered most:...
Published 11/08/24