In episode 05, recorded Friday, September 7, 2018, Rob and Aaron dive short into China’s debt and the rise of FAANGs, before finishing with a long chat on recently controversial sports and apparel company Nike (NYSE:NKE)

China: growth has been unparalleled for the Middle Kingdom, financed in large part by both traditional debt and more opaque, off-balance-sheet arrangements via special purpose vehicles (SPVs). Can China balance economic expansion with debt contraction?

FAANGs: these five US tech companies – Facebook, Amazon, Apple, Netflix and Google (Alphabet) have seemingly driven the entire stock market upwards the last several years. Each share similarities, such as using cheap debt, while each has also found ways to protect long-term differentiation and shareholder value (NASDAQ:FB, AMZN, AAPL, NFLX, GOOG)

Nike: they just did it – actively wading into the ongoing American discussion of what it means to be patriotic. A short-term sales bump and an overall well-balanced geographic segmentation imply they knew what they were doing