Recent News Roundup

Our code cowboys do a roundup of stories based on current events.

Feb 2021

We're Going to Need a Bigger Boat

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You’ll have to stay patient with me on this post, since the point I will eventually get to really is the confluence of a number of different threads that have been going through my head the past few weeks.

Let’s start with my time in business school from 2007 to 2009. Charles Dickens couldn’t have penned a better dichotomy between the beginning and end of my time in school. In short: 2007 = the economy couldn’t be better, 2009 = the economy couldn’t be worse.


Flash Point

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With nearly one month of 2021 in the books and the spectre of Covid-19 exhausting all of us, let’s do a quick inventory of the memorable moments of the past three months, shall we?

  1. 11/3/2020:  US Presidential Election occurs (election called by media for Joe Biden on 11/9)
  2. 11/11/2020:  Rudy Giuliani, acting as personal lawyer for President Donald Trump, holds press conference at Four Seasons Total Landscaping to dispute election results
  3. 12/31/2020:  Adobe Flash support discontinued and officially sunset
  4. 1/5/2021:  Runoff for both Georgia US Senate seats
  5. 1/6/2021:  Twitter suspends and later kicks Donald Trump off of its platform for inciting the US Capital riot, resulting in a surge in downloads of Twitter-alternatives like Gab and Parler
  6. 1/22/2021:  r/WallStreetBets leads an army of day traders to dramatically drive up the price of Gamestop and AMC theaters (among others), which will eventually cause two hedge funds to close their short positions and fall into near bankruptcy, or put more succinctly by @ParikPatelCFA on Twitter: