federalreserve

For former President Donald J. Trump, 2024 was supposed to be dominated by criminal trials. Instead, he’s found ways to delay almost all of them.

Alan Feuer, who covers the criminal cases against Mr. Trump for The Times, explains how he did it.

Guest: Alan Feuer, who covers extremism and political violence for The New York Times.

Background reading: 

• On Wednesday, Donald J. Trump lost his third try in a week to delay his upcoming Manhattan trial.
• But stalling has worked for Mr. Trump in the past.

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

Joining us today is the Head of Research at Coinbase, David Duong, and macro is on the menu. 
We’re talking yield curves, election fears, US equities, and if macro economics is even real. 

And finally, David walks us through the recession. Is it delayed, is it cancelled, is it already here?
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RESOURCES

David Duong
https://www.linkedin.com/in/david-duong-cfa/ 

Quarterly Outlook: Crypto Markets in 10 Charts
https://www.coinbase.com/institutional/research-insights 
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Chapters:
0:00 Intro
9:38 Is Everything Going Alright?
13:09 Is Macro Economics even Real?
16:43 Government Fiscal Spending
21:44 Election Impact
24:11 US Exceptionalism?
29:14 The Impact of Fiscal Stimulus
38:30 How important is Cash?
45:29 US Equities
52:23 Student Loans
56:39 Recession Talk
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠ 

Whenever a major financial institution collapses and needs a bailout, it's easy to say, "Where were the regulators?" But that's only a useful question if you can pinpoint the specific regulatory choices that led to any particular situation. So what caused Silicon Valley Bank to implode? On this episode of the podcast, we speak with Columbia Law School professor Lev Menand, who discusses the defanging of bank supervisors in the run-up to this fiasco. With proper oversight, someone might have caught and put a stop to the unique set of risks the bank was taking. But without proper oversight, they were encouraged to go for all-out growth, regardless of the ultimate social cost. We also discuss legislative changes over time that led to this buildup of risk.

See omnystudio.com/listener for privacy information.

Click here to join the member exclusive portion of my show: https://utm.io/ueSEj

The Democrats gain in Congressional polling as November approaches, and the media are eager to chalk it up to Dark Biden; Americans remain in the dark about the FBI’s raid on Donald Trump; and Lizzo defenders come to her rescue after a comedian tells jokes about her.

Get the brand new Johnny the Walrus Plushie here: https://bit.ly/3ATROdb 

Stop giving your money to woke corporations that hate you. Get your Jeremy’s Razors today at https://www.jeremysrazors.com. 

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With the U.S. economy going into a deep slump, the Federal government has attempted to counteract the pain by increasing spending. But for cities and states, it’s virtually impossible for them to run counter-cyclical fiscal policy. Furthermore, the crisis is draining local coffers due to public health expenditure and the collapse of tax revenue. This has already led to the start of a state and local austerity wave (spending cuts, layoffs, etc.) that could take years to reverse. On this week’s episode, we speak with three people who have been writing about this aspect of the crisis, and how it could be addressed by both the Fed and the U.S. Treasury. We’re joined by Skanda Amarnath of Employ America, Yakov Feygin of the Berggruen Institute, and Alex Williams, a grad student at the Levy Economics Institute of Bard College, to discuss the shape of the problem and the way back to economic health.

See omnystudio.com/listener for privacy information.