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The New Fed Playbook & Rebuilding Aging Internet Icons
Description
Episode 209: Today, we survey the latest Fed rate decision and its new approach to communicating under Chair Kevin Warsh. Then, we spin through the headlines moving markets – and it's all about cars! OG online used-car retailer Carvana is betting on new cars, CarMax reported earnings and BMW just slashed its profit outlook. Finally, we dive into Bending Spoons – the company buying up famous-but-struggling digital brands like AOL and Vimeo, rebuilding them, and now making a bid to go public.
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Stocks mentioned:
$BMW.DE $CVNA $KMX
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