Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.
Similar Podcasts
El Podcast de Bitpanda | Inversión, criptomonedas y Bitcoin
Con El Podcast de Bitpanda queremos hacer mucho más accesible y comprensible el mundo de las finanzas personales, la inversión y los criptoactivos, como Bitcoin, a todos, sin importar la experiencia previa.Moisés Santos, del equipo de Bitpanda España, recibe a un invitado en cada episodio y charlan sobre finanzas personales, Bitcoin, Ethereum y más criptoactivos, tecnología blockchain, NFT y muchos más términos que no tienen por qué ser complicados.Bitpanda es uno de los neobrokers más grandes de Europa y actualmente más de 3 millones de clientes confían en nosotros. Descarga la app para iOS y Android y empieza a invertir desde 1 € en los más de 1.000 activos que tenemos disponibles las 24 horas: cripto, acciones fraccionadas, ETF y metales preciosos. Síguenos también en Instagram y Twitter @bitpanda_es La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido. Es importante leer y comprender los riesgos de esta inversión que se explican detalladamente en bitpanda.com/es/inversiones/criptomonedas Bitpanda Stocks son contratos que replican acciones o ETF subyacentes y es un producto facilitado por Bitpanda Financial Services.
Podcast de Juan Ramón Rallo
Podcast de Juan Ramón Rallo sobre economía, filosofía, política y liberalismo.
Hazte miembro en: https://plus.acast.com/s/juanrallo.
Hosted on Acast. See acast.com/privacy for more information.
Running in Production
Hear about how folks are running their web apps in production. We'll cover tech choices, why they chose them, lessons learned and more.
Josh Younger on the Soaring Cost of Climate Change and Understanding the SLR
What is the connection between the big trend in interest rates over the last several years and the cost of climate change mitigation? This is a question that's been analyzed by Josh Younger, a rates derivative strategist at JPMorgan. On the latest episode of Odd Lots, he discusses his work on interest rates and the cost of fighting climate change. We also discuss the significance of the Fed's SLR decision, and what it means for rates and bank balance sheets. See omnystudio.com/listener for privacy information.
Luke Kawa on the Macro Situation Right Now
Over the last several weeks, we've seen major developments in the macro situation. The vaccine rollout has accelerated. We've gotten a stimulus. The economic outlook has improved. And rates have risen across the curve significantly. So what does the macro picture look like right now, and what is the best framework for thinking through things? On this episode, we speak with Luke Kawa, an Asset Allocation Strategist at UBS Asset Management, about how to understand the current macro picture. See omnystudio.com/listener for privacy information.
Stephanie Kelton on How MMT Won the Fiscal Policy Debate
In a sense, Modern Monetary Theory has won. This is not because policy measures are necessarily in line with what MMT adherents would prescribe. Rather, the debate over economic policy, in particular fiscal policy, is happening on MMT terms. MMTers argue that the constraint on government spending is inflation and real resources -- not credit risk -- and that's exactly how even the critics of the stimulus bill have attacked it, that it will be inflationary. So how has the debate around fiscal policy changed so much over the last several years? Much of the credit goes to Stephanie Kelton, the MMT economist and author of the best-selling book The Deficit Myth. On this episode, we talk about their success. See omnystudio.com/listener for privacy information.
Did We Just Experience a Break in the Neoliberal Consensus?
For decades, the dominant economic philosophy of the United States has been that fiscal policy should be relatively inert, and that the Fed should be the primary driver of macroeconomic stabilization. But that may be changing. As evidenced by the stimulus deal, the political willingness to use fiscal stimulus in a responsive way appears to be growing. Moreover, the importance and power of fiscal firepower has been accepted by a range of actors, from Senator Bernie Sanders to the U.S. Chamber of Commerce. So are we at the start of a trend break in the neoliberal consensus (whatever that means)? We debated this question with Skanda Amarnath, the head of research at Employ America and Mike Konczal, Director at the Roosevelt Institute and the author of the new book "Freedom from the Market America’s Fight to Liberate Itself from the Grip of the Invisible Hand." See omnystudio.com/listener for privacy information.
Introducing: Doubt
A few decades ago, nobody really questioned vaccines. They were viewed as a standard part of staying healthy and safe. Today, the number of people questioning vaccines risks prolonging a pandemic that has already killed hundreds of thousands of Americans. How we got to this moment didn’t start with the rollout of vaccines or in March 2020, or even with the election of Donald Trump. Our confidence in vaccines, often isn't even about vaccines. It’s about trust. And that trust has been eroding for a long time. Doubt, a new series from Bloomberg’s Prognosis podcast, looks at the forces that have been breaking down that trust. We'll trace the rise of vaccine skepticism in America to show how we got here — and where we’re going. Doubt launches on March 23. Subscribe to Prognosis today on Apple Podcasts, Spotify or wherever you get your podcasts. See omnystudio.com/listener for privacy information.
Michael Pettis on Persistent Imbalances in Post-Pandemic China
By some measures, the Chinese economy did better in 2020 than just about anywhere else. For one thing, it actually grew last year. Also because of the country's success at virus containment, it returned to normalcy faster than elsewhere. But the Chinese economy maintains persistent imbalances, and if anything, the pandemic may have accelerated them. On this episode, we spoke with Michael Pettis, a Finance Professor at Peking University and Senior Fellow at the Carnegie-Tsinghua Center, on where things stand now. See omnystudio.com/listener for privacy information.
Why Music Back Catalogs Have Become a Red-Hot Asset Class
Bob Dylan did it last year. Shakira did it in January. More and more famous musicians are selling off the rights to their back catalogs to investors. But why now? Why is there so much demand for this asset? On the latest Odd Lots, we speak with Alaister Moughan, an independent music valuation expert, about why this booming market is happening now. See omnystudio.com/listener for privacy information.
Coming Soon: The Pay Check Season 3
More than 150 years after the end of slavery in the U.S., the net worth of a typical white family is nearly six times greater than that of the average Black family. Season 3 of The Pay Check digs into into how we got to where we are today and what can be done to narrow the yawning racial wealth gap in the U.S. Jackie Simmons and Rebecca Greenfield co-host the season, which kicks off with a personal story about land Jackie's family acquired some time after slavery that they're on the verge of losing. From there the series explores all the ways the wealth gaps manifests and the radical solutions, like affirmative action, quotas, and reparations, that can potentially lead to greater equality. See omnystudio.com/listener for privacy information.
Zoltan Pozsar on What Just Happened with the Treasury Market
The Treasury market just experienced what some might call a tantrum. Across the yield curve, we saw rates shoot up. And it's not even clear why it happened. There was no comment from a Fed official like there was with the 2013 taper tantrum. No single datapoint that stood out. On this episode, we speak with Credit Suisse's famed strategist Zoltan Pozsar about what happened to cause this selloff, what it says about Treasury market structure, what reforms may be coming down the pike, and whether the Fed needs to act further to restore order to the market. See omnystudio.com/listener for privacy information.
Howard Lindzon Tells Us Why He Launched His Own SPAC
SPACs, sometimes referred to as blank check companies, are incredibly hot. After being a sort of sleepy and sometimes sketchy backwater of the finance world, the last several months have seen them go on an absolute tear, with several of them fronted by celebrities like Alex Rodriguez or Colin Kaepernick. On this episode, we speak with longtime investor and VC Howard Lindzon about his journey towards launching one of his own: how it came about and why he is excited about the model. See omnystudio.com/listener for privacy information.
How Chinese Buying Is Causing a Boom in Agricultural Commodities
There are lots of hot areas in the market, which everybody knows. Stocks are obviously hot, as are industrial commodities like copper. Agricultural commodities are surging as well. If you look at a chart of corn or soy or even oats, they've been on a tear. One big factor: Chinese demand, in part driven by a desire to stock up on supplies. Meanwhile, China is launching agricultural futures of its own, including a new contract on hogs. On this episode, we speak about what's going on right now in agricultural commodities with Scott Irwin, an economist at the University of Illinois, who helps us break it all down. See omnystudio.com/listener for privacy information.
This Is How the World Ended up with a Shortage of Semiconductors
The world is facing a chip shortage. Numerous companies, including the auto sector, are facing an inability to get semiconductors, hampering their ability to manufacture their goods and generate sales. Part of this is an acute crisis, related to the virus. But there's also a long-term structural issue, with so few companies able to manufacture at scale. On this episode, we speak with Stacy Rasgon of Bernstein Research, who helped kick off our semiconductor series last fall, with a discussion about the current problem, and how it will get fixed. See omnystudio.com/listener for privacy information.
A Value Manager on How Most Value Managers Are Getting It All Wrong
As you might have heard, so-called value investing has not had a good run. At least from a quantitative standpoint, strategies that aim to buy low-valued stocks (based on metrics such as price-to-earnings or price-to-book) are quite out of favor, as fast growing names, loaded up on intangible capital, have outperformed. So is there any way to resuscitate the concept of value, or do investors just need to wait for the tides to change? On the latest Odd Lots, we speak with Rafe Resendes, a portfolio manager and co-founder of the Applied Finance Group, who argues for another way of reconceptualizing value, beyond just cheapness, in a way that works across market environments. What do you love about Odd Lots? What topics do you want to see on upcoming episodes? Share your feedback about the show by completing our first-ever listener survey. See omnystudio.com/listener for privacy information.
How Boring Food and Beverage Companies Turn into Huge Stock Winners Year after Year
During the worst of the pandemic, people loaded up on staples from their grocery store. Shelf-stable food items, beverages, canned tuna, canned soup, chips... all that kind of stuff. But the big food and consumer staples companies have been huge winners outside of the pandemic. In fact, as an industry, these companies have some of the best track records in the market. On this episode, we speak with Jonathan Fell, the co-founder of Ash Park, an investment firm that specializes in these companies, to talk about how these companies win year after year. What do you love about Odd Lots? What topics do you want to see on upcoming episodes? Share your feedback about the show by completing our first-ever listener survey. See omnystudio.com/listener for privacy information.
How Monster Beverage Shares Soared a Monster 100,000% in the Last 20 Years
When you think about the big winners in the stock market over the past couple of decades, you might think about Amazon or Apple or some other tech winner. Or maybe, if you've listened to Odd Lots before, you think about Domino's Pizza. But there's another company that's outshone them all. Monster Beverage Corporation, the maker of the popular energy drink has been, well, a monster. In the last 20 years, the stock is up over 100,000%. On this episode, we speak with Mark Astrachan, an analyst at Stifel Financial Corp., about how they produced such a stellar return. See omnystudio.com/listener for privacy information.