Slate Money
This week: Retail investors usually stick to the stock market, but many are rushing to make bets on oil futures. Felix Salmon [https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57], Elizabeth Spiers [https://www.elizabethspiers.com/], and Emily Peck [https://www.axios.com/authors/epeck] discuss Emily’s piece about “dumb money” moving into more sophisticated trading markets [https://www.axios.com/2026/04/09/oil-crypto-retail-investors]—thanks to new crypto-driven platforms—and what’s motivating the trend. Then, the hosts examine Bill Ackman’s grand plan to take over Universal Music Group, and explain the difference in how his SPARC differs from a SPAC. Finally, the hosts delve into the New York Times’ quest to uncover the mysterious creator of Bitcoin [https://www.nytimes.com/2026/04/08/business/bitcoin-satoshi-nakamoto-identity-adam-back.html], the pseudonymous Satoshi Nakamoto, and argue over the investigation’s conclusion. In the Slate Plus episode: Do men suck at grocery shopping? Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts [https://podcasts.apple.com/us/podcast/slate-money/id876523888] and Spotify [https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX]. Or, visit slate.com/moneyplus [https://slate.com/podcast-plus?utm_medium=link&utm_campaign=plus_pod&utm_content=Money&utm_source=episode_summary] to get access wherever you listen. Podcast production by Jessamine Molli. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.
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