Sam Goldfarb

speaker
80 appearances 5 recordings 2 series first heard Jan 2026 last heard 18 Aug

Sam Goldfarb’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Recordings per month over the last 12 months — 5 in all, peaking in Aug 2026 with 1.

Appearances

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treasuries, those are the tightest spreads that we've seen in almost 30 years.
For more lower-rated bonds, it's the tightest spreads since 2007 or so.
That's just a sign of demand for these bonds because they're willing to accept these yields that are not that much higher than what you can get on government bonds.
And government bonds are essentially guaranteed to not default.
Even though the gap between these two yields on corporate bonds and treasuries is small, you're still getting a pretty high yield on corporate bonds relative to what you can get in other parts of the world.
Investors also think that maybe the Fed will keep cutting interest rates and that these yields will go down in the future, so they want to buy them now while they still can.
And they're relatively optimistic about the economy, and that makes them less concerned about potential defaults.
The company is building these giant data centers to power artificial intelligence models.
They're needing to borrow a lot to fund those investments.
Investors have all this demand for bonds for reasons we discussed.
So even though the supply is ramping up with this tech borrowing, it's still not too much to overwhelm the demand for them.
Jared, to start with the basics, what are prediction markets?
So what is the real difference between prediction markets and sports betting?
Yeah.
So as you mentioned in your piece, about 50 percent of Americans live in states that have banned sports gambling, most notably California and Texas.
But prediction markets are approved at the federal level.
So is this basically a legal workaround?
Zooming out, you note that the two biggest online sports betting companies took in $15 billion last year through November, right?
up over a billion dollars since the previous year.
What impact overall have apps had on American gambling as a whole?
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