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Posts published in “Issue 2: October 2020”

Stern Somebody Presents: Jeanna Smialek

Running between the Classroom and the Newsroom

Jeanna Smialek is a part-time Stern student and a full-time Federal Reserve and Economics Reporter for the New York Times. In between balancing school, articles and her upcoming book, she made time to sit down with The Oppy for an interview. 

After going to UNC for undergrad, how did you decide to pursue economics journalism?

I had a fairly haphazard path into economics journalism. I grew up wanting to be a newspaper foreign correspondent, but then I interned at Bloomberg News the summer before my senior year of college and loved the company.…

Trump’s diagnosis is a tragedy. And it’s a reminder of our choice at the polls.

Well, here we are.

As the 2020 U.S. General Election finally arrives, it has been clear for months that Donald Trump’s response to the Covid-19 pandemic would be the central issue. But with a wild campaign drawing to a close, Trump’s positive test result, along with those of dozens of Oval Office insiders and White House staffers, is the type of deus ex machina that would seem comically forced in an Aaron Sorkin script.

However, there is no outlandish plot device that cannot be outdone by the reality of our modern political circus. With Nov. 3 around the corner, Trump’s Covid infection, and the confused timeline surrounding it, have seemingly nosed out all other issues – and there are many – that would play a pivotal role in the end of this race.…

The Election & The Market

This year has been peculiar to say the least. A pandemic that started more or less in January killed more than a million people and is now on the cusp of a second wave across the globe. In late spring, we experienced nationwide protests against police brutality and racism that ultimately spread around the globe. Then riots captured our attention. Now we come to fall where we have, as you may have heard, likely the most important American election in the past 50 years. It may decide who the next Supreme Court Justice is. It obviously can flip the executive branch, but even more importantly,it may also flip the senate, resulting in the “blue wave” many political strategists have predicted (more on this later).…

Dear Oppy: October 2020

We are proud to continue our agony advice column, Dear Oppy: B-School Advice for the Everyday Sternie.

Oppy can be quite Stern at times but is here to answer the queries and qualms of all MBA students so send them his/her way at [email protected].

Dear Oppy,

I’ve recently started my MBA.. Do you have any advice for my next two years?

Best,

MBA1

Dear MBA1,

Take advantage of being back in school! Attend every class and speaker event in person. Sure, it can be uncomfortable to pile into a packed auditorium to hear a famous speaker or cram into a crowded bar for a social event – but events like these are where the memories are truly made.…

A Virtual Chat with CEO and EiC of Poets & Quants, John Byrne

By Sanjna Shukla and Deirdre Keane

John Byrne is the former executive editor of Businessweek and founder and CEO of C-Change Media, the parent company of the wildly popular Poets&Quants.com. He has also served as the editor-in-chief for both Businessweek.com and Fast Company. A lifelong journalist, Byrne has written over 50 cover stories for publications such as Businessweek, Fortune, and Forbes. During his time at Businessweek, he became the first person to publish rankings for business schools and has since published several MBA and graduate school-oriented books. He has a BA in English and Political Science from William Patterson of New Jersey and an MA in Journalism from the University of Missouri-Columbia.…

NBA Finals Recap

The Los Angeles Lakers capped off a wild 2020 season by defeating the Miami Heat 4-2 in the NBA Finals.  The Lakers were led by Lebron James, who averaged 29.8 points, 11.8 rebounds, and 8.5 assists en route to becoming Finals MVP.  This was James’ fourth championship ring, and fourth finals MVP.

The 2019-2020 NBA season was unlike any seen before it.  The season was suspended on March 11, 2020 after Jazz center Rudy Gobert tested positive for the Covid-19 virus.  With Covid leaving activities across the country in flux, the league remained suspended for months.  Finally, play resumed in July, with the teams staying together in a bubble the NBA organized in Disney World. …

Covid Journals: Laid Off During Covid-19

By Teresa Bruno

During the Fall 2020 Semester, The Oppy will be publishing submissions from members of the Stern community about how the Covid-19 Pandemic has impacted their experience in and out of the program. This issue, we approached incoming students to learn why they chose to pursue an MBA knowing the pandemic would fundamentally change their entry in the Stern community. If you wish to write about your own experience, please e-mail us at [email protected]

The following entry comes from Langone student Teresa Bruno.

Imagine this. You wake up one warm July morning to find a 4:00am email from your CEO announcing mass layoffs sitting in your inbox.…

Best dating apps to date through a pandemic

By the [single] Oppy board [members]

Dating is weird at baseline, throw a pandemic into the mix and you have a recipe for loneliness and hopelessness, right? Some of us at The Oppy would have to disagree. There is an air of desperation that is changing the culture of dating in NYC as singlelites rush to try and shack up before winter arrives. Whether you are looking for that perfect quarantine mate or just want someone to temporarily distract you from this dumpster fire of a year, we have dating app recs for you.

Bumble

This low-pressure app is probably the current foundation of all dating apps.…

Grindr: Making Long Term Relationships Possible for Gays

A genesis of my own personal and gay journey

By: Sam Shaugnessy

1 In the beginning, man created dating sites. And man saw the dating sites and he said they were good. 

Kiss.com (1994), Match.com (1995) JDate (1997), eHarmony (2000), Christian Mingle (2001), Ashley Madison (2002), Plenty of Fish (2004), OK Cupid (2004), SeekingArrangements (2006), and to infinity and beyond. There is a dating site for every type of relationship, every interest, every fetish: threesomes, mullet obsessed, single parents, farmers and ranchers, diaper lovers, the exclusive elite, clowns, etc. Dating sites made virtual dating a probable possibility, offered a larger-more-exciting pool of potential lovers, and introduced the fear of catfishing.…

Fixed Income Capital Markets Technology: The Future of Primary New Issuance

Fintech firms are actively working to electronify and digitalize fixed-income primary markets

Global fixed-income primary markets continue to develop away from voice-driven communications and manual operational processes to more streamlined interoperable platforms. Firms that once struggled through paper document-driven offerings with no transparency, insights, compliance or regulatory audit trails are now embracing the electronification and digitization offered by firms such as IHS Markit.

Global markets have historically traded fixed income products with a specific set of information and data, allowing for technology firms to standardize and electronify the process; identifying, mapping and modeling the necessary data into digital workflows. Many sectors (investment grade, high yield, emerging markets, structured and securitized) carry unique structures, pricing mechanisms and optional provisions – most of which are specific to each asset class – however, often times this data does remain consistent within each sector and is capable of being identified and tagged for digital standardization.…

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