Sosnoff / Ratigan - Truth or Skepticism from tastylive

The events of the last week are enough to last a year. The biggest news was the change at the top of the ticket for Democrats. Was the reason for Biden dropping out so close to the election unforeseen? Or was it done for more nefarious reasons? On this week's episode, Dylan argues Democrats subverted the will of the people by replacing Biden with Harris. Tom, on the other hand, argues it was done out of necessity. This and more on this week's episode.

We haven't seen many heavy selling days this year, making today a bit of an outlier. The question is, what's causing the today's action? Is it as simple as profit taking in what's been a very strong market? Or, with the U.S. election getting closer, are we beginning to see the impact of politics in the market. As platforms and issues become more in focus, markets need to digest what the different outcomes could mean economically. On this week's episode, Tom and Dylan discuss what is behind today's move in the market and what role elections might be playing.

One could argue the country has never put forth two less desirable candidates for president. The divide in politics has never been more polarizing. Turn on any mainstream media and you'd think the end of the world is near. Yet stocks have made 36 new all-time highs this year. How does one rationalize that? Maybe the answer is that markets see something we don't. Tune into this week's episode as Tom and Dylan discuss the disconnect between politics and markets.

When does "talking your book" cross over into stock manipulation? On this week's podcast, Tom and Dylan discuss the recent price action in GameStop and whether or not, Keith Gill (better known as Roaring Kitty) manipulated the stock's price or simply found and exploited a market inefficiency. Does the situation need to be investigated simply to avoid the appearance of impropriety? After all, this situation is taking place at the same time a baseball player was suspended for life after betting a relatively nominal amount of money on games he likely was unable to affect the outcome of. Are we more concerned about baseball's reputation than that of the market? Tune in and find out.

A good job, marriage, 2.5 kids, house, car and a trip to Disneyworld. That was the American Dream. Is it still? Have the things we want out of life changed and with that, has the dream changed? That's fine if that's the case. The deeper question is, has the dream changed because the original dream isn't attainable? Or, has it changed because what we want has changed? This week, Tom and Dylan discuss the proverbial American Dream, what it is and if it's attainable.

We thought the chapter on meme stocks was complete. It was written off as people fed up with being stuck at home from Covid, taking their government checks and bidding up stocks no one was watching. Essentially, it was something that was unlikely to happen under any other circumstances. So, what brought it back this time? Tom and Dylan discuss meme stocks, what allowed them to happen the first time and what the most recent renewed interest might mean.

Tenure is unique to academia. Teachers are afforded protection once granted tenure so they can research and discuss topics that might otherwise jeopardize job security. However, there is an unintended consequence that needs addressing. That is, when teaching jobs are protected, does it end up keeping out fresh blood with new ideas? On this week's episode, Tom and Dylan discuss tenure and whether it functions as intended.