The Retail Investor Will Be Last in Line
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Here are the news items: Author and science journalist Nicholas Wade publishes a detailed Medium post making his case for the “lab escape” theory of SARS-CoV-2 origin. IBM has reached a new level of smallness in computer chip manufacture: 2 nanometers. Embattled Rep. Liz Cheney (R-WY) goes after Minority Leader Kevin McCarthy in an op-ed for The Washington Post – is her combativeness a prelude to a presidential run? The Economist says “private equity is losing its mystique,” but John and Rebecca disagree.  Corporate sponsors face pressure to pull out the 2022 Winter Olympics in response to Beijing’s human rights abuses. None of them have budged, and John makes the case for why they may regret it. PLUS: John and Rebecca discuss SEC chair Gary Gensler’s warning that his agency may take a stronger role regulating the markets and Rebecca makes her case for managing the exchanges as public utilities.
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