The Daily Zeitgeist - Saffron Geist 1/27: Stonks, Halsey, Holocaust, Miami LeBron

Episode Date: January 27, 2021

On this edition of Saffron Geist Jack and Miles discuss the wild stock market moves in regards to AMC and BlackBerry, Halsey is pregnant, today is Holocaust Remembrance Day, and the internet is discussing their favorite LeBron era. Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

In California during the summer of 1975, within the span of 17 days and less than 90 miles, two women did something no other woman had done before, try to assassinate the President of the United States. One was the protege of Charles Manson. 26-year-old Lynette Fromm, nickname Squeaky. The other, a middle-aged housewife working undercover for the FBI. Identified by police as Sarah Jean Moore. The story of one strange and violent summer.

This season on the new podcast Rip Current. Hear episodes of Rip Current early and completely ad-free and receive exclusive bonus content by subscribing to iHeartTrue Crime Plus only on Apple Podcasts. Hey fam, I'm Simone Boyce. I'm Danielle Robay. And we're the hosts

of The Bright Side, the podcast from Hello Sunshine that's guaranteed to light up your day. Check out our recent episode with Grammy Award winning rapper Eve on motherhood and the music industry. It's a great, amazing, beautiful thing. There's moms in all

industries, very high stress industries that have kids all across this world. Why can't it be music as well? Listen to The Bright Side from Hello Sunshine on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Kay hasn't heard from her sister in seven years. I have a proposal for you. Come up here and document my project. All you need to do is record everything like you always do. What was that? That was live audio of a woman's nightmare.

Can Kay trust her sister or is history repeating itself? There's nothing dangerous about what you're doing. They're just dreams. Dream Sequence is a new horror thriller from Blumhouse Television, iHeartRadio, and Realm. Listen to Dream Sequence on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Curious about queer sexuality, cruising, and expanding your horizons? Hit play on the sex-positive and deeply entertaining podcast, Sniffy's Cruising Confessions. Join hosts Gabe Gonzalez and Chris Patterson Rosso as they explore queer sex, cruising, relationships, and culture

in the new iHeart podcast, Sniffy's Cruising Confessions. Sniffy's Cruising Confessions will broaden minds and help you pursue your true goals. You can listen to Sniffy's Cruising Confessions, sponsored by Gilead, now on the iHeartRadio app or wherever you get your podcasts. New episodes every Thursday. Hello, the internet, and welcome to this episode of Saffron Geist. You don't want to cook wild geist in the geist cooker is what I learned from a member of the Zeitgeist. That was what my issue was. I cooked wild rice in a rice cooker and it dried the fuck out.

Anyways, I'm Jack. That's Miles. And this is What's Trending. The stock market is trending. We just spent 20 minutes, you and Ana, trying to explain shorting to me. Even tomorrow's episode, laboriously going over it. But yeah, I mean, that is what is trending today. We got right now, they've moved off of GameStop and now they're on to AMC.

And BlackBerry. Because the whole deal is get something that... The whole point of the short squeeze is that the people who are selling short, just in shorthand, when they're gambling on the stock price going down, there's a tremendous risk if that price goes up. And that's the risk that these hedge funds are running with the GameStop price going down, there's a tremendous risk if that price goes up. And that's the risk that these hedge funds are running with the GameStop price going up. But when it starts to go up, you actually have to start buying shares to cover your investment in shorting a stock.

So that effect makes it look like more people are buying it, which only raises the price. So it's like this snake eating its own tail shit but yeah that's why the word billions is trending and amc because people talking about the billions lost by hedge like hedge funds just straight up got destroyed uh off of this move and yeah now it's on to the next meme stock and also like a lot of interesting stories i mean these screen grabs from the the wall street bet subreddit of like people who may actually who actually were on the winning side of this. But by all means, this is by no means a way to make money in a safe way. It's very risky.

Speaking safe way, might be trending pretty soon. Why is it businesses that are specifically nostalgia-based? Why are we going to AMC and GameStop and things that were big in the 90s? Oh, I think that's just because that's where they are in their corporate death cycle. They're just on the way out right now. So that just means they're really depressed stock prices that allows you for the largest margin to gain because it's so low right you know like that's it's it's all it's just very high risk high reward and that's why i think most people are like i don't just i i have a job where i i hate everything so add extra

thought to like how blackberry stock how i'm gonna i right like the gameop thing i was reading the we talk on tomorrow's episode about the bloomberg like analysis of this and they were talking about how it started because they have a lot of cash on hand from like their days as a relevant business um and so i just wondering if that's also true of like BlackBerry and, uh, AMC. I mean, AMC, maybe research in motion,

the BlackBerry parent company, or if they're even, I remember that's how old I am. I remember when the BlackBerry that was called research in motion. Uh, but I don't know. Let's just talk about Halsey. Cause you know what that means? Yeah.

I mean, it's just, it's right. Because like the thing that I've always thought was weird about the stock market is like or at least the standard brain thinks is weird about the stock market uh is like they will value facebook stock at like billions and billions of dollars when facebook is like losing money year over year or Amazon for a long time. Gotta take the long view, man.

Yeah. It's all like future based. And it seems like these people are coming in and being like, what about the past though? What if we put the value based on like what used to be cool? No, they just found a way to just kind of lash, like just strike back at Wall Street. You know, like that's really you know when you look at the dynamics it's people who don't have as much money to invest but coming together to make moves and i think that's what's really interesting too is just sort of like this

fucking like you know the people like you know millennials have no money individually but it's like maybe if millions of us get together we can cook the fucking stock market collective action exactly let's go yeah i mean it's only a matter of time because but we figured out to like how are we gonna get that money back because y'all are old so we need that too so we'll we'll just i don't know figure it out uh halsey is trending yeah uh because she is pregnant yeah cool hey congratulations congratulations you've won an ipod i don't know uh her partner is a screenwriter i know that and that's all i know a lot of people like everything you need to know about her boyfriend of several months which is always funny when like there's a like a couple where one person is just astronomically just a super famous person.

And then he has everything you need to know about their nothing burger partner. What did he write? What did Elev Aiden? Let's go to People Magazine's roundup of everything we need to know. He's 37. Okay. And a writer. They got matching tattoos in June.

And he's Turkish. And that's about it. So, oh, he created Small Shots, the Netflix show. Small Shots? Yes. In eight episodes in 2017. Oh, Double Shots, bro. There. Small Shots? Yes. Eight episodes in 2017. Double Shots, bro. There you go.

So, I don't know. Shout out to y'all. I hope y'all have a wonderful, healthy child. Bring it to the world. Absolutely. It is Holocaust Remembrance Day. So that's trending. It's just so... It's weird when like look at these days and you're like, right, of course.

And I know that the Holocaust happened and is a thing. Yet, not even a month ago, we were looking at all kinds of weird anti-Semitic shit that, the takes that could have straight come out of uh the third reich type shit and you're like yeah uh i'm not sure how far have we come how do we gauge that anymore um so yeah i think it's just reminding people hopefully uh you don't have to deal with any people who are like the you know some holocaust denier shit yes, today is a remembrance day. Six million people. Authoritarianism is on the rise.

Fascism is on the rise. Echo Umberto Echo in his like nineties work on fascism talked about how he basically predicted all this shit was going to happen with the rise of the Internet and technology being able to just kind of influence and spread ideas quickly. Yeah. So, yeah. The loudspeaker. The fact that the Republicans are going to just, you know, acquit. Probably. That's the way it's looking.

Not great. just you know acquit probably that's the way it's looking uh not not great i mean i might i'd rather look so stupid in my cynicism or just observations of senate republicans over the last ever uh and be like they're not gonna do it like and if they do it's gonna be because something is so fucked up in like whatever they're presenting that they're like, this is an untenable position or maybe more corporate donors figure out what side to put their money on. It's all very sad and strange. Um, uh, just a real quick update on,

uh, Halsey's boyfriend or partner that show small shots was a TV program based on the premise. Two actors from Staten Island set out to audition for a Martin Scorsese movie. Uh, and the two lead characters are Joey and turbo. Um, so that's just something that I thought was interesting.

Oh, Oh wait, no, that's another thing. No turbo. And Joey, is it? I think so.

They said he has a created small shots as a villain. Some of his other work include, include turbo and Joey and hip men, Los Angeles. Maybe turbo and Joey are recurring characters across his work. Like the Vega brothers. Okay. In the Tarantino universe.

Turbo and Joey. Very specific. Turbo and Joey. Like we got Boogaloo Shrimp from the break-in film, literally Turbo from break-in. It's him. Finally, Miami LeBron is trending because people are asking the question,

which LeBron do you choose? Do you go with Miami LeBron, Cleveland LeBron, Laker LeBron? Return to Cleveland LeBron. Return to Cleveland LeBron. OG Cleveland, yeah. Back in the in-between. And people pick Miami LeBron. I get it.

But I don't know. Cleveland LeBron made me respect LeBron James. Does that come back to Cleveland LeBron? I was like, oh, no. This is some kind of dark energy that he is tapping into to be this just clinical. Yeah, I go either Cleveland or Laker. I was re-watching the Miami finals uh finals against the spurs their first title and or no i guess it was their second title and he just looks so much less in control of the game

than he does in cleveland and like when he returned to cleveland and as a laker like he seems like he's like getting better he's just so effective now and then at the time like he wasn't he the best defender in the league when he was at miami didn't he win defensive player of the year like i mean yeah but he's still pretty he's still a pretty effective defender yeah i think it's just more of like as a thing to watch and behold as like someone going out of their mind like yeah we always knew he was formidable that's why like for me it was debatable about his where he is in the goat conversation because i was like i don't know dude he's he's

nasty as fuck you can't deny that but then like you're saying you see these other things that don't quite show like i'm reading the fucking matrix yeah and then that cleveland one i was like this guy's fucking he wrote the matrix i'm pretty sure i. I also, you know, and I'm always rooting for LeBron, so, like, I have, like, feelings about this. Like, you know, I was always worried about him in Miami because he couldn't shoot. And then he got a little bit better as a shooter in Cleveland, but now he's pretty, like, knocked down.

So, like, that would be the argument for Laker. Like, obviously obviously he doesn't have the same amount of uh energy and spring as he did with uh miami on defense yeah there's like something to those players who know how to adapt their game later in their career and like just rely on their intelligence and understanding of the game to be like i can just be so much more efficient with my movement and stuff because like i because I'm cutting passing lanes or I'm seeing passing lanes. Reminds me of a latter-day Ryan Giggs at Manchester United. People said he was too old, but he somehow was playing better

despite his lack of pace. I was just going to say, Ryan Giggs. And I hate to say that as an Arsenal supporter, but I remember. That's when everyone was like, I don't know. Giggs, hey, you actually got that right. I got like, I don't know. Giggs A. You actually got that right. I got it. That one wasn't hard to figure out. Giggs A.

Giggs A. Come on, buddy. Alright. That is what's trending this afternoon. We are back tomorrow with the whole last episode of the show. Until then, be kind to each other. Be kind to yourselves. Wear a mask. Wash your hands. Stay inside. Don't do nothing about white supremacy. And we'll talk to you all tomorrow. Bye. Bye.

In California during the summer of 1975, within the span of 17 days and less than 90 miles, two women did something no other woman had done before. Tried to assassinate the president of the United States. One was the protege of Charles Manson. 26-year-old Lynette Fromm, nickname Squeaky. The other, a middle-aged housewife working undercover for the FBI. Identified by police as Sarah Jean Moore. The story of one strange and violent summer, this season on the new podcast, Rip Current.

Hear episodes of Rip Current early and completely ad-free and receive exclusive bonus content by subscribing to iHeart True Crime Plus only on Apple Podcasts. Hey, fam, I'm Simone Boyce. I'm Danielle Robay. And we're the hosts of The Bright Side, the podcast from Hello Sunshine

that's guaranteed to light up your day. Check out our recent episode with Grammy Award-winning rapper Eve on motherhood and the music industry. No, it's a great, amazing, beautiful thing. There's moms in all industries, very high stress industries that have kids all across this world.

Why can't it be music as well? Listen to The Bright Side from Hello Sunshine on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Kay hasn't heard from her sister in seven years. I have a proposal for you. Come up here and document my project. All you need to do is record everything like you always do. What was that? That was live audio of a woman's nightmare.

Can Kay trust her sister, or is history repeating itself? There's nothing dangerous about what you're doing. They're just dreams. Dream Sequence is a new horror thriller from Blumhouse Television, iHeartRadio, and Realm.

Listen to Dream Sequence on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Curious about queer sexuality, cruising, and expanding your horizons?

Hit play on the sex-positive and deeply entertaining podcast Sniffy's Cruising Confessions. Join hosts Gabe Gonzalez and Chris Patterson Rosso as they explore queer sex, cruising, relationships and culture in the new iHeart podcast

Sniffy's Cruising Confessions. Sniffy's Cruising Confessions will broaden minds and help you pursue your true goals. You can listen to Sniffy's Cruising Confessions sponsored by Gilead now on the iHeartRadio app

or wherever you get your podcasts. New episodes every Thursday.