Group Chat Dee Gets Credit | Group Chat News EP. 905
Oct 28, 2024
Delve into the bustling economy of Halloween and its extravagant spending. Explore the implications of media endorsements in political campaigning and how they shape public perception. Discover the role of media in driving political division in the U.S. Look into evolving wealth distribution challenges and market adaptations, including the implications of extended trading hours on the NYSE. Plus, hear about the comeback of adult content creators and Amazon's strategies to compete with emerging low-cost rivals in the e-commerce landscape.
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Halloween's Economic Explosion
- Halloween has become a massive $11.6 billion business, with candy alone accounting for $3.6 billion.
- High-income neighborhoods spend extravagantly, boosting decoration, candy, and party costs significantly.
Trump's MSG Rally and Rogan Podcast
- Donald Trump held a major rally at Madison Square Garden near election time, signaling confidence in New York.
- His Joe Rogan podcast appearance was unusually soft, showing a more human side, yet with little opposition pushback.
Legacy Media Endorsement Shift
- Major legacy newspapers like the Washington Post and LA Times declined to endorse a presidential candidate for the first time in decades.
- This reflects shifting media power and potential fear of backlash given billionaire ownership and polarizing politics.