Stocks and Assassinations
Does the ticker tape match the president's ticker?
Forgive me, but I published this week’s video a few days early. But don’t you worry, this video is not an avocado that spoils if not eaten immediately! You can still enjoy its creamy goodness today.
Little known fact: this week the U.S. is electing the next president. I wanted to explore the economic angle of it and see the connection between presidents and the stock market. But I guess I do it with a Halloween twist. What happens to stocks when someone tries to kill the president?
Scarier than Halloween
I started a TikTok. Just saying that makes me feel like a kid confessing he broke a window in the house. I’ve had a few people suggest that I should bring some economics to TikTok. So I’m experimenting with it.
First impressions: I’m not a fan of the platform. TikTok is like being a kid who doesn’t get to choose what he has for dinner; you just eat what your parents put on your plate. YouTube is like when you’re old enough to realize you can eat what you want; and if you don’t like what’s on your plate you can go find something better.
My costume in the news
If you were wondering what I was for Halloween, I was a remote worker. My costume per se didn’t make it into the news, but there is some interesting new research on remote workers moving homes. It looks like remote works is letting families leave high-priced cities to find houses in areas with more reasonable living expenses.
Jerome Powell
I haven’t had a chance to read this profile, but it looks like an interesting article on Jerome Powell’s role as chair of the Federal Reserve. Definitely an underrated figure in our pandemic leadership.
If that doesn’t convince you, then watch this three minute video. The pacing is a bit slow, but the finale is great.