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Bad Bad News

Bad Bad News

Samira Fatehyar

Within every crisis, there are opportunities. It's up to us to first identify what the problem is in order to come up with a solution. This podcast is dedicated to helping you understand economic and real estate related current events! You can find our blog and illustrations at www.rockwellconsultantsllc.com/blog.
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Top 10 Bad Bad News Episodes

Goodpods has curated a list of the 10 best Bad Bad News episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to Bad Bad News for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite Bad Bad News episode by adding your comments to the episode page.

Bad Bad News - Bank Troubles

Bank Troubles

Bad Bad News

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07/27/20 • 25 min

Let’s first start by diving into new economic data that has been released. We’ll look into a number of indices that can tell us what is happening right now in the economy. We then look into US banks and how they are bracing for the worst to come. Finally, we dive into our bi-weekly segment of the European View. We’ll talk about their recent stimulus deal as well as a strict housing measure introduced in Barcelona, Spain.

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Bad Bad News - Unemployment Examined
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11/23/20 • 35 min

It seems as if everything has calmed down over the last couple weeks. We’re hearing more and more about the rising Covid numbers and less about the election. We’re also hearing more from Fed Chairman Jerome Powell on the status of the economy and how he believes a recovery is going to take a long time. This is what I also believe. The stock market is in its own world and does not accurately reflect what is being experienced on Main Street. People are still struggling to make ends meet and are awaiting another round of stimulus checks, with many worried when the CDC eviction moratorium ends in January. Many are also facing astronomical medical bills due to their Covid diagnosis. But the one indicator that seems to be not telling the whole story is unemployment. We’ve seen a gradual decline over the last few months, but over 10 million are still unemployed. With the rapid technological changes occurring, many will be forced to learn new skills and will have to remain out of the workforce until they are able to acquire those skills. On top of this, those skills are not cheap to acquire, meaning more people will go into debt. This is the unfortunate truth that we need to realize and start figuring out how to deal with it.

As always we’ll start with a quick economic update. We then have the opportunity to talk with Dr. Florina Salaghe, a professor at Benedictine University, about unemployment and what’s really happening within the numbers we are given. We will not have a European View segment this time around but we will next time.

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The Election. That’s been the biggest story these days. On Saturday, November 7th, the race was called and showed that Joe Biden will become the next President of the United States. President Trump has not accepted the results, nor do I foresee him doing so. Many of his supporters have called out election fraud. I can say that living in Nevada, that there have been several friends of mine that have told me that their votes did not count. Meaning that when they went on the website to track their votes, it was not counted. Does this indicate widespread election fraud? Or is it just because all the votes have not been counted yet? I don’t know. I’d hope that our election process is fair and that the people’s voices have been heard in the choosing of our next president. I believe the process to be fair, so I’m hoping that this discrepancy is due to the vote tally not being completed yet.

But one thing that cannot be understated is the massive division we are facing today in the United States. We cannot forget that over 70 million people voted for President Trump while another 74 million voted for Joe Biden. It's been an interesting experience for me. I’ve had many friends on both sides “coming out” to me as voting for one candidate over the other, afraid of consequences for doing so. And though some of these friends I disagree with politically, they are and will remain my friends. This division is not healthy. But the change starts at the individual level. I ask everyone who has a friend or family member on the so-called “other side” to reach out to them and see how they are doing. Refrain from having a political conversation and instead have a friend to friend or family member to family member conversation. I can guarantee you that there is more that unites us than divides us. Once we see that, we’ll be able to move forward to a path of greatness that lies ahead for this country. But until then, the fighting and bickering will continue.

Now, this blog post will be shorter than previous ones. I, like everyone else, have been glued to my tv and trying to figure out what will happen next. Due to this, I picked a few economic updates I thought were important to bring to everyone’s attention. I also sat down and talked with Dr. Clemens Kownatzki about the election and its effect on the markets moving forward.
If you enjoy listening to this podcast, please consider donating to our efforts at our Buzzsprout page!

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Bad Bad News - 9/11 & Covid-19

9/11 & Covid-19

Bad Bad News

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09/14/20 • 49 min

As always, we will start with hard economic data and make sense of it all. We’ll then talk about the similarities between 9/11 and the current crisis we are facing with Dr. Clemens Kownatzki, currently the Department Chair of Accounting, Finance, and Real Estate at Pepperdine Graziadio Business School. Then, we’ll end with the European View, where we look into how Europeans are re-inventing office space.

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Bad Bad News - What's Next?

What's Next?

Bad Bad News

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10/12/20 • 58 min

The Merriam-Webster dictionary defines chaos as a state of utter confusion. What the American people are currently experiencing is unprecedented chaos. Chaos that we haven’t seen on this scale in my lifetime or my parents’ lifetime. With what seems like a never ending news cycle, it’s hard to keep up with all the developments. Many, including myself, thought that the death of Supreme Court Justice Ruth Bader Ginsburg was going to be our last surprise before the election. But 2020, like with everything else, had something else in mind. President Trump tested positive for Covid-19, then became hospitalized, and then released all within 3-4 days. Of course, we send our well wishes to the President, First Lady, and everyone who is suffering from the effects of Covid-19. The chaos of not knowing how President Trump was doing sent every media outlet into a frenzy. Twitter became the only way we could see how the President was doing. Tweets became more essential than we had seen in the past.

This all of course has big effects on the stock market. The Dow Jones closed down 375 points on Tuesday because President Trump tweeted that he didn't want to keep negotiating a stimulus package. We’ve moved so far away from looking at fundamentals and assessing asset prices that way. The words in a tweet mean more than the traditional way of valuing assets. Don’t get me wrong, the words of a president is important especially when he calls off negotiations for a stimulus package, but why did we let it get to this point?

As always we’ll start with looking at some new economic data that recently came out and make sense of that. We’ll then dive into the chaos surrounding both the stimulus and the election. Then we talk to Mr. Leyder Aiden Murillo, a financial advisor, about how people can prepare for what’s to come in the markets. We finally end as we always do with the European View and this week we look at how Europe and other countries view the US.
If you enjoy listening, please consider donating to our efforts at www.badbadnews.buzzsprout.com. Thank you!

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FAQ

How many episodes does Bad Bad News have?

Bad Bad News currently has 20 episodes available.

What topics does Bad Bad News cover?

The podcast is about Podcasts and Business.

What is the most popular episode on Bad Bad News?

The episode title 'Economic Update, 9/11 & Covid-19, and the European View' is the most popular.

What is the average episode length on Bad Bad News?

The average episode length on Bad Bad News is 39 minutes.

How often are episodes of Bad Bad News released?

Episodes of Bad Bad News are typically released every 14 days.

When was the first episode of Bad Bad News?

The first episode of Bad Bad News was released on Jul 13, 2020.

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