<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0" xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd" xmlns:atom="http://www.w3.org/2005/Atom">
 <channel>
  <title>Signal &amp; Noise</title>
  <link>https://signal.dbnr.info/</link>
  <atom:link href="https://signal.dbnr.info/feed.xml" rel="self" type="application/rss+xml"/>
  <description>Clark Devereaux reads the fine print on AI trading — real teardowns of AI money-making products, every week on ATP-D2. Every product gets one of two stamps: SIGNAL or NOISE.</description>
  <language>en-us</language>
  <itunes:author>Clark Devereaux</itunes:author>
  <itunes:explicit>false</itunes:explicit>
  <itunes:category text="Business"><itunes:category text="Investing"/></itunes:category>
  <itunes:image href="https://signal.dbnr.info/assets/backdrop.jpg"/>
  <image><url>https://signal.dbnr.info/assets/backdrop.jpg</url><title>Signal &amp; Noise</title><link>https://signal.dbnr.info/</link></image>
  <item>
   <title>New Tower, Same Fine Print</title>
   <link>https://signal.dbnr.info/episodes/2026-08-29.html</link>
   <guid isPermaLink="false">https://signal.dbnr.info/audio/2026-08-29_signal-and-noise.mp3</guid>
   <pubDate>Sat, 29 Aug 2026 10:00:00 +0000</pubDate>
   <description>First broadcast from signal.dbnr.info: a news app copyrighted to a stock-promotion agency, the queue&#x27;s first-ever SIGNAL stamp, a listicle whose product is your phone number — and the Kalshi silence breaks with a Ninth Circuit ruling and a circuit split.</description>
   <enclosure url="https://signal.dbnr.info/audio/2026-08-29_signal-and-noise.mp3" length="4534273" type="audio/mpeg"/>
   <itunes:author>Clark Devereaux</itunes:author>
   <itunes:duration>4:43</itunes:duration>
   <itunes:episode>8</itunes:episode>
  </item>
  <item>
   <title>The Gap Between the Headline and the Footnote</title>
   <link>https://signal.dbnr.info/episodes/2026-08-26.html</link>
   <guid isPermaLink="false">https://signal.dbnr.info/audio/2026-08-26_signal-and-noise.mp3</guid>
   <pubDate>Wed, 26 Aug 2026 10:00:00 +0000</pubDate>
   <description>Clark tears into Moby, Take Profit Trader, Tradeify, and the Kalshi legal stall — where the disclaimer tells the truth and the ad does the seduction.</description>
   <enclosure url="https://signal.dbnr.info/audio/2026-08-26_signal-and-noise.mp3" length="4895808" type="audio/mpeg"/>
   <itunes:author>Clark Devereaux</itunes:author>
   <itunes:duration>5:06</itunes:duration>
   <itunes:episode>7</itunes:episode>
  </item>
  <item>
   <title>AI Trading&#x27;s Three Costume Changes</title>
   <link>https://signal.dbnr.info/episodes/2026-08-19.html</link>
   <guid isPermaLink="false">https://signal.dbnr.info/audio/2026-08-19_signal-and-noise.mp3</guid>
   <pubDate>Wed, 19 Aug 2026 10:00:00 +0000</pubDate>
   <description>Stockex.help, Hedgia, and Nirvana Systems — three products, one recurring move: the ad handles the fantasy, the fine print handles the truth.</description>
   <enclosure url="https://signal.dbnr.info/audio/2026-08-19_signal-and-noise.mp3" length="4726953" type="audio/mpeg"/>
   <itunes:author>Clark Devereaux</itunes:author>
   <itunes:duration>4:55</itunes:duration>
   <itunes:episode>6</itunes:episode>
  </item>
  <item>
   <title>Autonomy Theater Gets Expensive</title>
   <link>https://signal.dbnr.info/episodes/2026-08-12.html</link>
   <guid isPermaLink="false">https://signal.dbnr.info/audio/2026-08-12_signal-and-noise.mp3</guid>
   <pubDate>Wed, 12 Aug 2026 10:00:00 +0000</pubDate>
   <description>FutureHedge&#x27;s autonomy theater, TradeMachine&#x27;s pricing maze, Alinea&#x27;s regulated contrast, and Kalshi&#x27;s unresolved jurisdiction fight.</description>
   <enclosure url="https://signal.dbnr.info/audio/2026-08-12_signal-and-noise.mp3" length="4957248" type="audio/mpeg"/>
   <itunes:author>Clark Devereaux</itunes:author>
   <itunes:duration>5:10</itunes:duration>
   <itunes:episode>5</itunes:episode>
  </item>
  <item>
   <title>TradeMachine&#x27;s Five-Price Problem</title>
   <link>https://signal.dbnr.info/episodes/2026-08-05.html</link>
   <guid isPermaLink="false">https://signal.dbnr.info/audio/2026-08-05_signal-and-noise.mp3</guid>
   <pubDate>Wed, 05 Aug 2026 10:00:00 +0000</pubDate>
   <description>TradeMachine&#x27;s five simultaneous prices and black-box AI claims, Alinea&#x27;s SEC-registered $120/year contrast, and why Schwab and Fidelity keep AI trading hype at arm&#x27;s length.</description>
   <enclosure url="https://signal.dbnr.info/audio/2026-08-05_signal-and-noise.mp3" length="4268451" type="audio/mpeg"/>
   <itunes:author>Clark Devereaux</itunes:author>
   <itunes:duration>4:27</itunes:duration>
   <itunes:episode>4</itunes:episode>
  </item>
  <item>
   <title>The Fine Print Summer</title>
   <link>https://signal.dbnr.info/episodes/2026-07-29.html</link>
   <guid isPermaLink="false">https://signal.dbnr.info/audio/2026-07-29_signal-and-noise.mp3</guid>
   <pubDate>Wed, 29 Jul 2026 10:00:00 +0000</pubDate>
   <description>Nurp&#x27;s SEC paper trail, Market Moves Matt&#x27;s BBB classification, Paradox Algo&#x27;s &#x27;as is / no warranties / all sales final&#x27; terms, and the Kalshi regulatory brawl.</description>
   <enclosure url="https://signal.dbnr.info/audio/2026-07-29_signal-and-noise.mp3" length="4663004" type="audio/mpeg"/>
   <itunes:author>Clark Devereaux</itunes:author>
   <itunes:duration>4:51</itunes:duration>
   <itunes:episode>3</itunes:episode>
  </item>
  <item>
   <title>The Fine Print Is Louder Than the Pitch</title>
   <link>https://signal.dbnr.info/episodes/2026-07-23.html</link>
   <guid isPermaLink="false">https://signal.dbnr.info/audio/2026-07-23_signal-and-noise.mp3</guid>
   <pubDate>Thu, 23 Jul 2026 10:00:00 +0000</pubDate>
   <description>Nurp&#x27;s $25,000 door, Alinea&#x27;s &#x27;informational assistant&#x27; disclosures, Market Moves Matt&#x27;s $156/month Discord, and Kalshi&#x27;s street fight in the state courts.</description>
   <enclosure url="https://signal.dbnr.info/audio/2026-07-23_signal-and-noise.mp3" length="4463220" type="audio/mpeg"/>
   <itunes:author>Clark Devereaux</itunes:author>
   <itunes:duration>4:39</itunes:duration>
   <itunes:episode>2</itunes:episode>
  </item>
  <item>
   <title>We Read the Fine Print on AI Trading So You Don&#x27;t Have To</title>
   <link>https://signal.dbnr.info/episodes/2026-07-22.html</link>
   <guid isPermaLink="false">https://signal.dbnr.info/audio/2026-07-22_signal-and-noise.mp3</guid>
   <pubDate>Wed, 22 Jul 2026 10:00:00 +0000</pubDate>
   <description>Station sign-on: the market&#x27;s own AI wobble, four specimens of what &#x27;AI trading platforms&#x27; are really selling, and nine predictions going on the record.</description>
   <enclosure url="https://signal.dbnr.info/audio/2026-07-22_signal-and-noise.mp3" length="3389901" type="audio/mpeg"/>
   <itunes:author>Clark Devereaux</itunes:author>
   <itunes:duration>3:32</itunes:duration>
   <itunes:episode>1</itunes:episode>
  </item>
 </channel>
</rss>
