All-In E161: US strikes Houthis, market instability, Q1 rate cuts in doubt, Carta's major mishap, DEI

Key discussions from this episode:

1. Houthi Conflict & US Response

• Analyzed US and allies' strikes against Houthi targets in Yemen
• Discussed potential economic impacts on shipping routes, particularly affecting Europe more than US
• Debated whether US involvement was necessary given the primarily European economic impact

2. Market & Economic Update

• December CPI rose 3.4% year-over-year, slightly above expectations
• Major layoffs announced across industries (Citibank announcing 20,000 cuts by 2026)
• Discussion of sticky inflation indicators like car insurance rates

3. Carta Controversy

• Detailed breakdown of Carta's violation of trust by using cap table data to contact investors for secondary sales
• CEO Henry Ward's initial problematic response and subsequent decision to shut down the secondary business
• Discussion of competitive landscape and pricing pressure from newer entrants

4. DEI Discussion

• Examined recent developments in DEI policies across various industries
• Discussed specific challenges in implementing DEI in different contexts (aviation, arts, education)
• Debated merit-based vs. demographic-based selection criteria

5. Education & Social Mobility

• Discussion of potential solutions for societal inequalities
• Debate about the role of education and family structure in addressing systemic issues
• Proposals for expanding educational opportunities and access

The episode concluded with thoughts on various approaches to addressing societal inequalities, particularly focusing on education and family structure as potential solutions.

Note: Several interesting side discussions and witty exchanges between the hosts were interspersed throughout these main topics.