Justin Wolfers

I think the way to tell the difference between our two stories would be to look at what was happening to way out of the money options.

I haven't had a chance to look.

Um, so maybe some bright spark is, who's in our audience has looked at way out of the money options and can tell us how they're behaving and, and drop a note in the comments.

Do you have a sense of why that vibe at the moment is not particularly positive? Is it because of those employment numbers, some of the more worrying statistics we've seen?

One of my very dearest friends is part of the Labor Party government that was just reelected. Very interesting election for Americans to hear about, partly because I suspect there's not been a lot of reporting. So you go back four months ago and the opposition conservative party was in the lead in all the polls.

One of my very dearest friends is part of the Labor Party government that was just reelected. Very interesting election for Americans to hear about, partly because I suspect there's not been a lot of reporting. So you go back four months ago and the opposition conservative party was in the lead in all the polls.

One of my very dearest friends is part of the Labor Party government that was just reelected. Very interesting election for Americans to hear about, partly because I suspect there's not been a lot of reporting. So you go back four months ago and the opposition conservative party was in the lead in all the polls.

The leader of that conservative party, bloke by the name of Peter Dutton, decided he'd sort of run as a bit of Trump-lite. He, in particular, sort of anti-woke. Und dann hat er angefangen, sich darin zu lehnen. Woke hat Australien gewählt?

The leader of that conservative party, bloke by the name of Peter Dutton, decided he'd sort of run as a bit of Trump-lite. He, in particular, sort of anti-woke. Und dann hat er angefangen, sich darin zu lehnen. Woke hat Australien gewählt?

The leader of that conservative party, bloke by the name of Peter Dutton, decided he'd sort of run as a bit of Trump-lite. He, in particular, sort of anti-woke. Und dann hat er angefangen, sich darin zu lehnen. Woke hat Australien gewählt?

Oh Mann, es ist überall. Die Leute haben es als elektronische Strategie gesehen. Er hat die Medien getötet, die in Amerika aus der Bühne waren und immer noch sind in den stärksten Demokratien. And Australians didn't react very well to that. He decided that he'd include a Doge-like element in his election platform. And he still was in the lead. And then Trump got elected.

Oh Mann, es ist überall. Die Leute haben es als elektronische Strategie gesehen. Er hat die Medien getötet, die in Amerika aus der Bühne waren und immer noch sind in den stärksten Demokratien. And Australians didn't react very well to that. He decided that he'd include a Doge-like element in his election platform. And he still was in the lead. And then Trump got elected.

Oh Mann, es ist überall. Die Leute haben es als elektronische Strategie gesehen. Er hat die Medien getötet, die in Amerika aus der Bühne waren und immer noch sind in den stärksten Demokratien. And Australians didn't react very well to that. He decided that he'd include a Doge-like element in his election platform. And he still was in the lead. And then Trump got elected.

Not only Trump got elected, Trump started his term. And the utter chaos that MAGA... was enough the Aussies looked at it and all of a sudden said they didn't want this. So they nicknamed this bloke Timur Trump. And he really only went 10% of the way down the Trump agenda, but it was enough that the Australian electorate was like, we're not having any of this.

Not only Trump got elected, Trump started his term. And the utter chaos that MAGA... was enough the Aussies looked at it and all of a sudden said they didn't want this. So they nicknamed this bloke Timur Trump. And he really only went 10% of the way down the Trump agenda, but it was enough that the Australian electorate was like, we're not having any of this.

Not only Trump got elected, Trump started his term. And the utter chaos that MAGA... was enough the Aussies looked at it and all of a sudden said they didn't want this. So they nicknamed this bloke Timur Trump. And he really only went 10% of the way down the Trump agenda, but it was enough that the Australian electorate was like, we're not having any of this.

So the left-wing party, the Labour Party, ended up not only getting re-elected, which, by the way, remember, we're on a run of incumbents getting booted out of office all around the world, but also an enormous swing towards them.

So the left-wing party, the Labour Party, ended up not only getting re-elected, which, by the way, remember, we're on a run of incumbents getting booted out of office all around the world, but also an enormous swing towards them.

So the left-wing party, the Labour Party, ended up not only getting re-elected, which, by the way, remember, we're on a run of incumbents getting booted out of office all around the world, but also an enormous swing towards them.

It was about an Australian running on a Trumpist agenda at a moment where that didn't appear well. Look, Tim, I worry about the same thing, about me seeing things poorly from over here. So I consulted experts on this, which was my family group chat. Okay. And they were quite convinced. And it is actually the standard story now in Australia is running as Timu Trump turned out to be a mistake.