Words & Numbers Episode 463: Weisswashing the Media
Oct 14, 2025
Explore the rising gold prices and their economic implications alongside a disconnection between financial markets and real-life consumer sentiment. Hear about Trump's proposal for stimulus checks and the controversy surrounding Chicago's safety rhetoric. Delve into Bari Weiss's new position at CBS News, her ten core journalistic principles aimed at restoring trust, and the mixed reactions from CBS staff. The discussion raises questions about the future of journalism and whether real change can occur in media institutions.
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Markets Outpace The Real Economy
- Financial markets and the real economy are diverging with markets booming while growth is tepid and consumer sentiment is weak.
- Antony Davies argues leftover liquidity and uncertainty push money into assets like stocks, gold, and crypto.
A Century Of Shocks In Five Years
- A century's worth of economic shocks compressed into five years leaves consumers psychologically cautious.
- That caution keeps money out of goods and into financial assets, inflating market prices.
State Rebate Check Example
- Antony Davies mentions getting a $400 check from Virginia after the state decided to rebate surplus funds to residents.
- James Harrigan notes the federal government has no surplus and contrasts state rebates with national policy proposals.
