What We Learned About Treasuries on the Night of April 8
Mon, 28 Apr 2025
When stocks are plunging in a typical market environment, people reach for safe haven assets like US...
Lots More on How TikTok Options Traders Got Quiet
Sat, 26 Apr 2025
Over the last few years, retail traders have gotten into options in a major way. Selling puts, buyin...
Anna Wong: Empty Shelves Are Coming Soon
Fri, 25 Apr 2025
If you look at most of the official hard data right now, there still isn't much evidence of a sharp ...
David Woo: What Trump Started is Worse Than a Trade War
Thu, 24 Apr 2025
For the most part, Americans haven't felt much pain yet from the tariffs that Donald Trump introduce...
Big Take: What a Bacon, Egg and Cheese Teaches Us About the Economy
Wed, 23 Apr 2025
When it comes to measuring economic pain, the cost of a humble breakfast sandwich might not be top o...
This Is What President Biden's CHIPS Office Actually Did
Wed, 23 Apr 2025
One of the stated goals for the current trade war is to build more industrial capacity in the United...
Martin Wolf on Trump's Shakeup of the Global Order
Mon, 21 Apr 2025
Martin Wolf has been called one of the world's most important economics commentators, and has for de...
Here's Why Uncertainty Is An Economic Killer
Sun, 20 Apr 2025
Here's Why is Bloomberg’s short explainer podcast, where we take one big news story and break ...
Why the Pentagon Fails Audits Year After Year After Year
Sat, 19 Apr 2025
Last year, it was announced that the US Department of Defense had failed an audit for its seventh st...
Mitu Gulati on Whether Trump Could Restructure US Debt
Fri, 18 Apr 2025
US Treasuries are the most important market in the world. With some $29 trillion outstanding, they c...
Is This the End of the US Exceptionalism Trade?
Thu, 17 Apr 2025
For years and years now, there has been one winning trade: Go long the US versus the rest of the wor...
Javier Blas on China's Rare Earths Dominance
Tue, 15 Apr 2025
Every time there is tension between the US and China, there are stories about China threatening to w...
What an American Stove Maker Wants You to Know About US Manufacturing
Mon, 14 Apr 2025
One of the ironies of the tariffs is that, while ostensibly the goal is to reshore US manufacturing,...
Introducing: Stock Movers
Sun, 13 Apr 2025
Check out the new Stock Movers Podcast from Bloomberg. Subscribe for five-minute episodes on today's...
Jim Chanos on Who's Getting Caught Swimming Naked
Sat, 12 Apr 2025
In a big bull market, people will overlook a lot. They'll suspend their disbelief. They'll buy into ...
Lots More on Why Neil Dutta Is Sticking With His Recession Call
Fri, 11 Apr 2025
On Wednesday, President Trump put a 90-day pause on reciprocal tariffs for every country except Chin...
Rob Kaplan on How the Fed Will Think about the Tariffs
Thu, 10 Apr 2025
On Wednesday, Trump pulled back from the brink on most of the reciprocal tariffs announced on April ...
Viktor Shvets on Trump's Historical, Revolutionary Moves
Wed, 09 Apr 2025
How should we make sense of the Trump tariffs? They've been terrible for the stock market, obviously...
What Tariffs Are Doing to North American Freight
Tue, 08 Apr 2025
Amidst Trump's dramatic tariff moves, trade in North America remains uncertain. The USMCA hasn't bee...
What Trump's Tariffs Are Already Doing to World Trade
Mon, 07 Apr 2025
It was just last Wednesday that President Trump announced his new tariff schedule with the rest of t...
Tether's CEO Speaks on His Insanely Profitable Business
Mon, 07 Apr 2025
Anything crypto-related is frequently greeted with a high degree of skepticism. Within that, one of ...
Brad Setser on the Damage From Trump's Gigantic Tariff Shock
Sat, 05 Apr 2025
He needs no introduction: When trade is in the news, we speak with Brad Setser of the Council on For...
Lots More on a Massive, Historical, Stagflationary Shock
Fri, 04 Apr 2025
On Wednesday, President Trump unveiled sweeping tariffs against almost every country in the world. T...
Tim Geithner on How to Fight the Next Financial Crisis
Thu, 03 Apr 2025
The 2008 financial crisis is fading into history, but the risks of something big happening again rem...
The Growing Risk to Fed Independence That Wall St Isn't Watching
Tue, 01 Apr 2025
Last month, Donald Trump fired the Federal Trade Commission's two Democratic commissioners. They hav...
Nick Denton's Big Bet Against the United States
Mon, 31 Mar 2025
Legendary media mogul Nick Denton, the founder of Gawker, is done with the US. He’s leaving Ne...
The Last Time Investors Really Got Excited For Tech Infrastructure
Fri, 28 Mar 2025
One of the biggest questions hanging over the market right now is whether or not the seemingly unlim...
Why Brad Jacobs Is Spending $11 Billion on a Roofing Supply Business
Thu, 27 Mar 2025
Brad Jacobs has made a fortune in his career buying and building big logistics companies, like Unite...
Jim Millstein on the Massive Risks of Any 'Mar-a-Lago Accord'
Mon, 24 Mar 2025
President Trump wants higher tariffs, and he also wants more industrial production in the United Sta...
Lots More With Charlie McElligott on the Sharp, Strange Selloff
Fri, 21 Mar 2025
Last week, the US market sold off sharply. The S&P 500 fell as much as 3.6% on Monday alone, ent...
The Great Jones Act Debate
Thu, 20 Mar 2025
We finally did it. We finally did an episode on the Jones Act. For years on the podcast, we've been ...
FTC Chief Andrew Ferguson on the Trump Vision for Antitrust
Mon, 17 Mar 2025
When Donald Trump won in November, one of the things that Wall Street was excited about was an expec...
The Original Prediction Market Was Betting on the Pope
Fri, 14 Mar 2025
Prediction markets are everywhere nowadays. You can go online and bet on political outcomes, or the ...
Is There an Extremely Simple Fix for Affordable Housing?
Thu, 13 Mar 2025
Housing affordability remains one of the single greatest sources of economic stress. Even if inflati...
Cathie Wood on What Comes Next in AI and Big Tech
Tue, 11 Mar 2025
Markets have been selling off, with shares of tech companies like Nvidia down almost 20% so far this...
Here Comes the Booming Chinese Biotech Sector
Mon, 10 Mar 2025
You’ve heard about Chinese EVs. You’ve heard about Chinese batteries and solar panels. A...
Trump's NIH Cuts Send Shockwaves Through the Science World
Sat, 08 Mar 2025
One of the first moves made by the Trump administration was to change the nature of grants made by t...
We Just Saw Europe's Biggest Week in Decades
Fri, 07 Mar 2025
This week was a busy one and some of the most interesting things that happened came out of Europe, w...
Eugene Fama and David Booth on the Birth of Modern Finance
Thu, 06 Mar 2025
The 1970s were a pretty eventful time in markets. There was high inflation, the end of the gold stan...
Ray Dalio on the Coming Crisis in US Debt
Mon, 03 Mar 2025
Almost whichever way you measure it, the US has a lot of debt. And, with the Trump administration re...
Lots More on the Growing Risks to the US Labor Market
Fri, 28 Feb 2025
A week from today we will get the February jobs report and there are growing concerns that the US la...
Goldman's Jared Cohen and George Lee on the Unprecedented Shocks in Geopolitics
Thu, 27 Feb 2025
The first month of the Trump administration has been noisy and novel by basically any measure. But p...
Jim Bianco on What a 'Mar-a-Lago Accord' Could Mean for the Economy
Tue, 25 Feb 2025
The so-called “Mar-a-Lago Accord” has suddenly become a hot topic on Wall Street, with s...
Here's What It Takes to Make a Great Company
Mon, 24 Feb 2025
People love listening to stories about making it big, and there are no shortage of success stories i...
How Banks Turned Into Giant Synthetic Hedge Funds
Fri, 21 Feb 2025
Hedge funds are notorious for making big and sometimes risky trades. Banks, meanwhile, are supposed ...
The Plan to Get America Building Big Ships Again
Thu, 20 Feb 2025
The US is a dominant force in a number of important industries, but it's been lagging behind in one ...
This Is How Derivatives Trading Swallowed the Entire Market
Mon, 17 Feb 2025
For a long time, the world of derivatives trading was a niche thing, largely occupied by professiona...
This Is Why People Are So in Love With Gold
Fri, 14 Feb 2025
The price of gold is basically at record highs. But what is it about gold that people love so much? ...
How the Fed Distributes Billions of Dollars in Cash
Thu, 13 Feb 2025
We all know that the Federal Reserve tries to stabilize the economy by raising or cutting interest r...
This Is Why It's So Hard To Cut Public Spending
Mon, 10 Feb 2025
The Trump administration has come into office with big ambitions to lower the size of the US deficit...
Philip Lane on the Big Problems Facing the Euro-zone Economy
Fri, 07 Feb 2025
There's a pretty widespread recognition that the EU is facing a bunch of economic challenges right n...
This Is Palantir's Vision for Changing How the US Does Defense Spending
Thu, 06 Feb 2025
This week, we saw shares of software maker Palantir soar after reporting earnings and describing dem...
The Treasury Payment System Elon Musk Now Has Access To
Wed, 05 Feb 2025
Elon Musk and his Department of Government Efficiency (DOGE) have gained access to a unit within the...
The Tariff Announcement That Shocked Financial Markets
Mon, 03 Feb 2025
Over the weekend, President Trump announced that he was following through with his plan for aggressi...
Marko Kolanovic Is Back With a Warning for Stocks
Mon, 03 Feb 2025
Marko Kolanovic was one of the biggest names in markets, earning the nickname 'Gandalf' for some eer...
Lots More with Matt Levine on MicroStrategy's Infinite Money Machine
Fri, 31 Jan 2025
Everyone knows by now that MicroStrategy looks a lot like a giant Bitcoin ETF. Its founder, Michael ...
Get Ready For Another Shock to Housing Affordability
Thu, 30 Jan 2025
One of the primary drivers of elevated inflation — and the high cost of living in general &mda...
The AI Model That Tanked the Stock Market
Tue, 28 Jan 2025
On Monday, the stock market tanked, seemingly in reaction to the emergence of DeepSeek, an open sour...
How Oaktree's Howard Marks Spots a Market Bubble
Mon, 27 Jan 2025
The run-up in Big Tech stocks and all the hype over AI has put a bunch of investors on "bubble watch...
Why the Stock Market Might Be at Peak Concentration Risk
Fri, 24 Jan 2025
There's a lot of talk right now about concentration risk in US equities. For instance, the top 10 st...
How Companies Are Actually Spending Money on AI Now
Thu, 23 Jan 2025
In theory, all of this AI spending has to deliver some kind of return. Companies (or other end users...
Introducing: Trumponomics
Wed, 22 Jan 2025
Tariffs, crypto, deregulation, tax cuts, protectionism, are just some of the things back on the tabl...
This Is What the Crypto Industry Actually Wants From Trump
Mon, 20 Jan 2025
We all know that the new Trump administration is likely to be more friendly to the crypto industry t...
Lots More with Lev Menand on the Eurodollar Market Now
Fri, 17 Jan 2025
Odd Lots has been exploring the history of the eurodollar market in a special three-part series host...
The Hidden History of Eurodollars, Part 3: Spinning Out of Control
Thu, 16 Jan 2025
In this special three-part series, Odd Lots is exploring the history of the eurodollar market. By th...
The Hidden History of Eurodollars, Part 2: Defending the Dollar System
Wed, 15 Jan 2025
In this special three-part series, Odd Lots is exploring the history of the eurodollar market. As we...
The Hidden History of Eurodollars, Part 1: Cold War Origins
Tue, 14 Jan 2025
At more than $10 trillion outstanding, the eurodollar market is one of the biggest forms of shadow b...
Why Government Hiring Is So Inefficient
Mon, 13 Jan 2025
Regardless of your political ideology, it's easy to agree that government should work well; that it ...
Evolving Money: A Faster, Cheaper Way to Pay (Sponsored Content)
Sun, 12 Jan 2025
In the 1950s, a businessman, looking for a new way to settle his lunch tab, sparked a payments revol...
Lots More on the Global Selloff in Government Bonds
Fri, 10 Jan 2025
One of the biggest stories in markets right now is the huge selloff in government bonds. And we're n...
This Is How Electricity Rates Are Actually Set
Thu, 09 Jan 2025
Utilities in the US have a couple big jobs to do. On the one hand, they need to deliver affordable a...
What It Felt Like When Everyone Was Hopeful, Happy, and Rich
Mon, 06 Jan 2025
If you look at various surveys, Americans feel grim about the state of the economy. But even outside...
This Is How China Builds So Much Nuclear Power
Fri, 03 Jan 2025
In the US right now, there is a lot of talk about a so-called "nuclear revival." But it remains to b...
The Odd Lots AMA Episode: Tracy and Joe Answer Listener Questions
Thu, 02 Jan 2025
As is becoming something of an annual tradition here, we recently asked Odd Lots listeners to send i...
The 10 Most Interesting Things We Learned on Odd Lots in 2024
Mon, 30 Dec 2024
As 2024 comes to an end, Tracy and Joe once again look back at the year that was in Odd Lots. On thi...
Odd Lots Talks Beak Capitalism on Money Stuff Talking Chicken
Fri, 27 Dec 2024
Back in November, we released our series called Beak Capitalism, which took a look at the entire US ...
Jennifer Granholm on What Will Survive of Biden's Energy Legacy
Thu, 26 Dec 2024
The Biden administration made energy and climate a centerpiece of its administration, most notably t...
San Francisco Fed President Mary Daly Explains the 'Hawkish Cut'
Mon, 23 Dec 2024
Last week, the Federal Reserve cut benchmark rates by 25 basis points, but simultaneously signaled a...
Jim Caron on the Market Selloff and the Fed's Historic Adjustment
Fri, 20 Dec 2024
On Wednesday, the Federal Reserve cut interest rates by 25 basis points as expected. But it also rai...
Nina Achadjian on What It Takes to Win in VC Right Now
Thu, 19 Dec 2024
The world of startup investing has undergone massive transformations amid the AI boom, changing capi...
This Stove Company Wants to Change How the World Uses Energy
Mon, 16 Dec 2024
One of the minor culture wars in America has to do with electric stoves. To some, they're more energ...
Tim Latimer on Solving the Financing Problem for Geothermal
Fri, 13 Dec 2024
Geothermal is a promising technology to provide clean, low-cost, baseload power to the electricity g...
Why You Can't Get a One-Click Mortgage Refi
Thu, 12 Dec 2024
You can do a lot of things with the click of a button nowadays. You can get insurance, open a bank a...
How the Hedge Fund Magnetar Is Financing the AI Boom
Mon, 09 Dec 2024
AI software and the hardware that enables it have been hugely popular investments this year. But the...
Ethan Kurzweil on Venture Investing in the Post-ZIRP, AI Era
Fri, 06 Dec 2024
In the 2010s, we saw an incredible boom in the venture capital space, fueled in part by cheap capita...
Nouriel Roubini's Vision for a New Safe Haven Asset
Thu, 05 Dec 2024
For years, investors have relied on the classic 60/40 portfolio of stocks and bonds. The idea behind...
Goldman's Hatzius and Kostin on Markets and Macro in 2025
Mon, 02 Dec 2024
It's trite to say that there is a high degree of uncertainty right now, for macro forecasters and in...
Lots More on the Coming 20-Year Storm with Viktor Shvets
Fri, 29 Nov 2024
The election of Donald Trump, with his promise of more tariffs and a much tighter stance on immigrat...
How Oaktree's Head of Sourcing Finds the Next Great Deal
Thu, 28 Nov 2024
When it comes to credit investing (or really any investing), there's an analytic art in deciding the...
Inside the Blood Sport of Creditor-on-Creditor Violence
Mon, 25 Nov 2024
In the Zirp era of the mid-2010s, credit markets were booming and investors were clamoring for anyth...
The Harvard Endowment Is on the Verge of Losing Its Crown
Fri, 22 Nov 2024
For years, the Harvard Endowment has easily been the largest endowment of any university. But as of ...
Odd Arne Westad on how China First Joined the Global Capitalist Economy
Thu, 21 Nov 2024
How did China become the economic behemoth that it is today? One pivotal moment was, obviously, it's...
How Fraudsters Are Bilking the Government Out of Billions of Dollars
Mon, 18 Nov 2024
After his victory, Donald Trump announced that Elon Musk and Vivek Ramaswamy would be leading up a n...
Beak Capitalism, Part 3: Un-Clucking the System
Sun, 17 Nov 2024
In the final episode of our special three-part series exploring the US economy through the chicken i...
Beak Capitalism, Part 2: The Chickenization of Everything
Sat, 16 Nov 2024
The Odd Lots team is analyzing the US economy through the lens of chicken. In this second episode of...
Beak Capitalism, Part 1: Chickflation
Fri, 15 Nov 2024
Everybody loves chicken. And, it turns out, that this humble bird can tell us quite a lot about the ...
Richard Clarida on This Tricky Moment for the Federal Reserve
Thu, 14 Nov 2024
Last week the Federal Reserve opted to cut interest rates by 25 basis points, which was what the mar...
Introducing: Beak Capitalism, presented by Odd Lots
Wed, 13 Nov 2024
In this limited series, Odd Lots explains some of the thorniest issues facing the US economy through...
Can You Ever Actually De-Risk The Banking System?
Mon, 11 Nov 2024
Over the last roughly 15 years, we've seen a migration of certain types of risks outside of regulate...
Max Read on how the Internet Got Infested With Garbage
Fri, 08 Nov 2024
There was a a point in time when Twitter used to be good for breaking news. Social media outlets lik...
Harley Bassman on Trump, the Fed, and the Bond Market
Thu, 07 Nov 2024
The US election is over and Donald Trump has won a second term as president. Stocks have rallied on ...
Odd Lots Live: What to Watch on Election Night and Beyond
Tue, 05 Nov 2024
It's Election Day in the US, so there's no need for any real explanation of what's at stake. Last ni...
Listen Now: US Election Coverage on Bloomberg Podcasts
Mon, 04 Nov 2024
Be in the know this election with Bloomberg Podcasts. Follow Bloomberg News Now for up-to-the minute...
Ezra Klein On the Legacy of Bidenomics
Mon, 04 Nov 2024
The Biden administration has overseen a revival of so-called industrial policy in a way that we have...
What the Nuclear Power Revival Means for the Price of Uranium
Fri, 01 Nov 2024
There's something of a uranium cult out there: the investors and traders who believe that nuclear is...
Big Take Asia: The US Pledged to Contain China’s Tech Ambitions. It’s Not Working.
Fri, 01 Nov 2024
China is making steady progress in its quest to dominate key industries of the future, despite years...
Years of Restrictions Didn't Slow China's Quest for Tech Dominance
Thu, 31 Oct 2024
In 2015, China identified several key industries of the future for which it aimed to compete at the ...
Why Home Insurance in Florida Is a Mess
Mon, 28 Oct 2024
Florida has been struck by two big hurricanes this year, setting off a wave of damage and, of course...
Listen Now: The Deal with Alex Rodriguez and Jason Kelly
Sun, 27 Oct 2024
When sports, business and culture collide, there’s often a deal to be made. Join Alex Rodriguez an...
Lots More on the Ongoing Mess That Is Boeing
Fri, 25 Oct 2024
Shares of Boeing, America's biggest aerospace manufacturer, have plummeted 40% so far this year. The...
How Banks and Private Credit Became the Best of Frenemies
Thu, 24 Oct 2024
By now, everyone knows that private credit is a hot market. What's less known is that banks want in ...
Why Mortgage Rates Went Up After the Fed's Big Cut
Mon, 21 Oct 2024
On September 18, the Federal Reserve kicked off the cutting cycle by reducing overnight rates by 50 ...
Meb Faber on the Big Bear Market in Diversification and Tactical Allocation
Fri, 18 Oct 2024
For decades, investors have been told that diversifying is a good thing. You should hold a basket of...
Richard Koo and Zichen Wang on What Just Happened in China
Thu, 17 Oct 2024
In September, Chinese policymakers shocked the markets by unveiling a set of stimulus measures desig...
Apollo Explains How Big Tech Is Disrupting Credit Markets
Mon, 14 Oct 2024
Big tech stocks have had an enormous impact on the stock market, with Magnificent 7 companies like A...
The ROI Rules of AI: Sirion's Legal AI (Sponsored Content)
Sun, 13 Oct 2024
What if your contracts could be a roadmap to running your business – the first step in managing yo...
Austan Goolsbee on How This Cycle Turned Out To Be So Different
Fri, 11 Oct 2024
In 2022 and 2023, the Federal Reserve basically had one focus: defeating inflation. That's now chang...
The Ultra-Rich Are Building a Separate World Here on Earth
Thu, 10 Oct 2024
In recent years, we've seen the emergence of cities whose main industry is that they're a great plac...
The Math That Explains How Multi-Strategy Hedge Funds Make Money
Mon, 07 Oct 2024
Multi-strategy hedge funds are still all the rage on Wall Street, but what does it actually mean to ...
Lots More on the Ongoing Mess That Is Intel
Fri, 04 Oct 2024
The US is in the midst of a big effort to bring more semiconductor manufacturing onshore. Intel is t...
The Big Tax Hike Coming in Just Over a Year
Thu, 03 Oct 2024
In 2017, Congress passed the Tax Cuts and Jobs Act, which may be better known as the Trump tax cuts....
Jigar Shah on the Three Big Things Driving the Nuclear Energy Revival
Mon, 30 Sep 2024
Earlier this month, we got the surprising headline that the shuttered nuclear reactor at Three Mile ...
Lots More on Potentially Massive East Coast Port Strikes
Fri, 27 Sep 2024
Look out. Supply chains are back in the news. As soon as next week, workers at all of the ports on t...
This Is How Industrial Policy Can Go Bad
Thu, 26 Sep 2024
Right now, industrial policy is back in vogue in the US. The administration is making an effort at r...
Ariel Investments' John Rogers on How You Can Still Win With Value Investing
Mon, 23 Sep 2024
These days if you talk to people about the stock market, they might talk to you about the effect of ...
Lots More With Sam Ro on the Booming World of RIAs
Fri, 20 Sep 2024
The Future Proof Festival takes place right on the beach in Huntington Beach, California. Thousands ...
The Next Stage of the Credit Cycle with Oaktree’s Poli
Thu, 19 Sep 2024
This week, the Fed cut benchmark rates by 50 basis points. Lower financing costs should be a relief ...
Pimco CIO Dan Ivascyn on the Biggest Fed Decision in Years
Wed, 18 Sep 2024
It’s Fed Day, and while everyone expects the central bank to cut benchmark interest rates, the key...
How Josh Brown Created A Financial Media Empire
Mon, 16 Sep 2024
15 years ago was a pivotal moment for financial media. On the one hand, we were in the midst of a hu...
Security, Bookmarked: Finance (Sponsored Content)
Sun, 15 Sep 2024
Financial institutions have been a leading target for cyber crime since the dawn of the internet. Bu...
Lots More With Isabella Weber on Draghi's EU Competitiveness Report
Fri, 13 Sep 2024
This week, former European Central Bank President and Italian Prime Minister Mario Draghi published ...
Adam Tooze on the Big Misconceptions of the Chinese Economy
Thu, 12 Sep 2024
One of the big buzzwords over the last year or so has been "overcapacity." There's a constant line o...
US Trade Rep Katherine Tai Describes the New Era of Globalization
Mon, 09 Sep 2024
One of the rare areas of bipartisan consensus in the US right now, is on the need to change our trad...
The Booming Crypto Use Case That's Happening Right Now
Fri, 06 Sep 2024
Pretty much since the moment that cryptocurrencies came into existence, there's been a chorus of ske...
How Hedge Funds Discover the Next Superstar Trader
Thu, 05 Sep 2024
One of the problems in investing or trading is that — to use a common disclaimer — past results ...
The Black Hole of Private Credit That's Swallowing the Economy
Mon, 02 Sep 2024
There's been a lot of talk about private credit in recent years. The market has exploded in size, an...
Adam Posen on the Dangers of Jerome Powell's 'Rifle Shot' Jackson Hole Speech
Fri, 30 Aug 2024
Last week at Jackson Hole, Federal Reserve Chair Jerome Powell delivered a short and powerful speech...
Hyun Song Shin on How Big the Yen Carry Trade Really Is
Thu, 29 Aug 2024
Remember August 5th? That was the day that markets around the world plunged in historic fashion and ...
A New Way for the Fed to Fight a Market Crisis
Wed, 28 Aug 2024
When the Treasury market broke in March 2020, the Federal Reserve intervened in extraordinary fashio...
This Is What The Rate Cut Cycle Could Look Like
Tue, 27 Aug 2024
At Jackson Hole, Fed Chairman Jerome Powell gave a clear signal that the rate cut cycle is likely to...
What It’s Like to Be a Fed President at Jackson Hole
Mon, 26 Aug 2024
This year’s Economic Symposium in Jackson Hole, Wyoming marked a big change for US monetary policy...
Lots More on What We Just Learned at Jackson Hole
Fri, 23 Aug 2024
Every year, the Federal Reserve Bank of Kansas City hosts an economic symposium in Jackson Hole, Wyo...
The Hottest Way for Banks to Get Risk Off Their Balance Sheets
Thu, 22 Aug 2024
Synthetic risk transfers, in which banks purchase insurance-like protection on some of their loans, ...
Nate Silver and Maria Konnikova on the Art of Election Betting
Mon, 19 Aug 2024
Political prediction markets — where traders can make bets on election outcomes — have been arou...
Lots More With Claudia Sahm on What the Sahm Rule Is Saying Now
Fri, 16 Aug 2024
The Federal Reserve appears to be ready to pivot into rate cutting mode. Inflation has come down sig...
How the White House Thinks About Economic Security
Thu, 15 Aug 2024
The past few years have thrown up a number of potential weaknesses in the American economy. There've...
How the US Treasury Will Fund the Next $20 Trillion in Debt
Mon, 12 Aug 2024
When it comes to financing the US government's borrowing needs, the Treasury Department has some dis...
How a Traditional Toymaker Is Going Big on Digital Games
Fri, 09 Aug 2024
Hasbro has been making toys for decades, including many classic favorites like G.I. Joe and My Littl...
Goldman Sachs CIO on How the Bank Is Actually Using AI
Thu, 08 Aug 2024
There's a lot of hype around generative AI and many people have interfaced with ChatGPT, Claude, or ...
Lots More on Solving the Mystery of the Big Market Selloff
Tue, 06 Aug 2024
The S&P 500 has plunged more than 5% over the past couple of trading days. The Nasdaq 100 is dow...
Matt King on the Hidden Forces Driving the Market Selloff
Mon, 05 Aug 2024
The Nasdaq is now in correction territory and the S&P 500 is down more than 2% so far this month...
Lots More: Did the Fed Just Make a Policy Mistake?
Fri, 02 Aug 2024
This week, the Federal Reserve opted to keep interest rates unchanged while suggesting that it could...
Two Veteran Chip Builders Have a Plan to Take On Nvidia
Thu, 01 Aug 2024
When it comes to chips for artificial intelligence, obviously the name that automatically comes to m...
Zyns, Vapes and the Very Weird Market for New Nicotine Products
Mon, 29 Jul 2024
Vapes like Elf bars seem to be everywhere now. Meanwhile, Zyn nicotine pouches have become a huge se...
A Top Miami Broker on the Booming Market for Ultra-Luxury Homes
Fri, 26 Jul 2024
We've all seen headlines about the multi-million dollar properties being sold in Miami. Right now, t...
How the Hottest Hedge Funds on Wall Street Really Manage Risk
Thu, 25 Jul 2024
Multi-strategy hedge funds, also known as "pod shops," have become the hottest ticket on Wall Street...
The US and China Are in an All Out Race For AI Domination
Mon, 22 Jul 2024
There are several sources of tension right now between the US and China. Pure trade anxiety is a big...
Lots More on JD Vance and the Future of the US Dollar
Fri, 19 Jul 2024
When people talk about the special role that the US dollar plays in the global economy, that's often...
A Guggenheim Executive's Radical Plan to Build Millions of New Homes
Thu, 18 Jul 2024
According to numerous estimates, the US is massively short of housing. Zillow, for instance, says Am...
Stephen Roach Warns of Disaster From Our 'Sinophobic' China Policy
Mon, 15 Jul 2024
One of the rare areas of bipartisan consensus in the US right now is taking a tough line on China. W...
James van Geelen on Thematic Investing Right Now
Fri, 12 Jul 2024
James van Geelen, founder of Citrini Research, scored big when he made his weight loss drug-related ...
Joseph Stiglitz on How to Build Shock-Proof Supply Chains
Thu, 11 Jul 2024
Joseph Stiglitz is a Nobel Prize-winning economist known for his groundbreaking work on information ...
MMT's Godfather Says the US Government Is Spending Like a Drunken Sailor
Mon, 08 Jul 2024
Modern Monetary Theory has gained prominence over the last several years by offering an alternative ...
Lots More With Stinson Dean on Crashing Lumber Prices
Fri, 05 Jul 2024
Lumber prices have tumbled dramatically in recent weeks, with benchmark futures falling about 20% in...
How Brazil Gave Birth to One of the World's Greatest Jet Makers
Thu, 04 Jul 2024
There aren't many advanced manufacturing success stories in Latin America. And globally, there aren'...
How Brad Jacobs Will Invest $4.5 Billion to Reshape Building Supplies
Tue, 02 Jul 2024
Brad Jacobs has made a career of starting, consolidating, and growing whole industries. He did a tru...
The Theory That Explains Why Everyone Went Crazy
Mon, 01 Jul 2024
Does it feel to you like society has gone crazy? Well, you're not alone. There's a general view that...
Lots More With Neil Dutta on a Looming Fed Policy Error
Fri, 28 Jun 2024
Neil Dutta, the top economist over at Renaissance Macro, has generally been sunny and optimistic abo...
The American Entrepreneurs Who First Opened The Chinese Market
Thu, 27 Jun 2024
From cars to toys to clothes, we're just used to seeing the label "Made In China" on all sorts of th...
Why Tom Lee Thinks We Could See S&P 15,000 by 2030
Mon, 24 Jun 2024
The stock market has had a torrid run in 2024 despite the fact that interest rate cuts haven't mater...
CoreWeave's CSO on the Business of Building AI Datacenters
Fri, 21 Jun 2024
Everyone knows that the AI boom is built upon the voracious consumption of chips (largely sold by Nv...
John Arnold on Why It's So Hard To Build Things in America
Thu, 20 Jun 2024
Virtually everyone, across the ideological spectrum, has the view right now that it's too hard to bu...
Evolving Money: Money Without Borders (Sponsored Content)
Tue, 18 Jun 2024
Throughout history, financial markets have struggled with the issue of borders. Borders create frict...
The Big Trade Underneath the Strangely Calm Surface of the S&P 500
Mon, 17 Jun 2024
For much of this year, the S&P 500 has marched steadily higher while measures of stock market vo...
What a 'Degen' Crypto Trader Really Does All Day
Fri, 14 Jun 2024
A few lucky people have made generational wealth trading the ups and downs of the crypto market. And...
How Indonesia and China Cornered the Nickel Market
Thu, 13 Jun 2024
There's been a huge change in the market for nickel, which goes into everything from electric vehicl...
Elon Musk Dominates Outer Space Like Nobody Has Before
Wed, 12 Jun 2024
The company that Elon Musk is most known for, obviously, is Tesla. It's been extraordinarily success...
This Is How the Food Industry Is Preparing For a Post-Ozempic World
Mon, 10 Jun 2024
The rise of GLP-1 drugs, like Ozempic, is a potentially existential threat to the makers of salty, s...
Lots More with Kyla Scanlon on the Economic Vibes
Fri, 07 Jun 2024
Kyla Scanlon has a great way of identifying the economic vibes, building up a massive TikTok followi...
Orsted's Americas CEO on Fixing What Went Wrong in Wind Power
Thu, 06 Jun 2024
Last year was a bad one for the US wind power industry, with lots of cancelled projects, writedowns,...
Corporations Learned The Maximum Amount They Can Charge For a Product
Mon, 03 Jun 2024
What's the price of a hamburger? Well, it depends. Are you making the purchase on the spot? Did you ...
Lots More on the Two Troubled NYC Office Buildings Everyone's Talking About
Fri, 31 May 2024
Over the past two weeks, two New York City office buildings have become major talking points in the ...
The Big Problem With the Modern Electricity Grid
Thu, 30 May 2024
The modern electricity grid is a weird thing. The delivery of electricity is a natural monopoly, for...
Are We Doing Decarbonization Totally the Wrong Way?
Wed, 29 May 2024
The cost of solar has been plunging for years. Everyday there's a new headline about growing install...
How a Professional Sports Bettor Really Makes Money
Mon, 27 May 2024
The gambling industry in the US has exploded in recent years, and suffused every aspect of sports co...
Lots More With Luke Kawa on Memestock Mania 2.0
Fri, 24 May 2024
Remember GameStop? The poster-child for 2021's memestock mania recently surged almost 5x in a matter...
How a DOJ Economist Approaches Antitrust in America
Thu, 23 May 2024
The Department of Justice and the Federal Trade Commission have taken an invigorated approach to ant...
Introducing: Big Take Asia
Tue, 21 May 2024
We’re taking The Big Take to Asia. Each week, Bloomberg’s Oanh Ha tells a story from the home of...
How to Succeed at Multi-Strategy Hedge Funds
Mon, 20 May 2024
Multi-strategy hedge funds are all the rage right now. But there's also a lot of confusion about wha...
Jeff Currie on Why Copper Is His Highest-Conviction Trade Ever
Fri, 17 May 2024
Copper has long been touted as a big winner from the world's drive towards electrification. All thos...
Pierre Andurand Says the World Could Run Out of Cocoa Inventories
Thu, 16 May 2024
Pierre Andurand made his name trading oil and other energy-related assets, but wild swings in the pr...
Viktor Shvets on How the Fed Has Become a Prisoner of Its Own Making
Mon, 13 May 2024
This week, we'll get fresh inflation data in the US, which will inevitably feed into the Federal Res...
Lots More With Brad Setser on the Yen, a New China Shock and Excavators
Fri, 10 May 2024
There's a lot going on in currency markets and global trade at the moment. The Japanese yen has been...
Hugh Hendry on the "Terrifying" Yen Move, and Risk of "Mad Max" Deflation
Thu, 09 May 2024
Hugh Hendry says the world is brimming with risks right now, from Chinese deflation, to the strength...
What a Fed President Hears When He Goes on the Road
Mon, 06 May 2024
The Federal Reserve has a lot of official statistics it can look at to try and gauge the state of th...
Lots More on How CHIPS Act Money Got Awarded
Fri, 03 May 2024
In 2022, Congress passed the CHIPS Act, which set aside tens of billions of dollars in loans and gra...
Luis von Ahn Explains How Computers and Humans Learn From Each Other
Thu, 02 May 2024
Breakthroughs in generative AI have created enormous opportunities for humans to learn from computer...
The Ultra Wealthy Have Their Own Separate World of Real Estate
Mon, 29 Apr 2024
In the past, the most expensive housing in any major city would be connected in some way to the econ...
An Ex-CIA Officer Explains How to Spot a Lie in Business
Fri, 26 Apr 2024
When most investors think of due diligence, they think of sifting through years of financial stateme...
Here's Who's Winning the Global Fight for AI Talent
Thu, 25 Apr 2024
AI is all the rage right now. There are billions of dollars now flowing into the space, with large...
Josh Wolfe: The ChatGPT of Robotics is Coming
Mon, 22 Apr 2024
Over the last year or so, probably every venture capitalist has become interested in artificial inte...
Richmond Fed President Tom Barkin On Getting Inflation Under Control
Fri, 19 Apr 2024
At the end of 2023, there was a lot of optimism that the US economy was on that glide path to a soft...
What AMLO's Legacy Means For Mexico's Upcoming Election
Fri, 19 Apr 2024
On June 2, 2024, Mexicans will go to the polls to elect a successor to current President Andrés Man...
How The American Workforce Got Hooked on Adderall
Thu, 18 Apr 2024
Over the last few years, users of the popular ADHD drug Adderall have been frustrated by regular sho...
How Electric Utilities Will Handle Booming AI Datacenter Demand
Mon, 15 Apr 2024
For years and years, utilities in the US haven't seen much growth in electricity demand. The economy...
Introducing Money Stuff: The Podcast
Sat, 13 Apr 2024
The audio companion to Bloomberg Opinion’s beloved Money Stuff column hosted by its author Matt Le...
Lots More on America's Electrical Components Crisis
Fri, 12 Apr 2024
In 2021 and 2022, the US economy experienced historic shortages of many different goods. All kinds o...
Tractor Supply's CEO on How It Escaped the Post-Pandemic Curse
Thu, 11 Apr 2024
A bunch of companies saw their share prices boom during the pandemic. Peloton surged because no on...
Why a Former Freight Broker Is Making a Major Bet on Mexico
Mon, 08 Apr 2024
US imports from Mexico are surging. Former President Trump's tariffs on China, as well as the renego...
Steve Eisman on the Three Big Macro Stories of Our Time
Fri, 05 Apr 2024
Steve Eisman became a famous name in the investing world due to his prescient bet against the US hou...
Why Savita Subramanian Thinks Stocks Can Keep Going Higher
Thu, 04 Apr 2024
When Savita Subramanian, head of US equity strategy at Bank of America, raised her outlook for stock...
Why the CRE Urban Doom Loop May Still Be Coming
Mon, 01 Apr 2024
When it comes to the collapse in office real estate, there's a lot of focus on who owns the debt, an...
Lots More on the Parabolic Surge in Cocoa Prices
Fri, 29 Mar 2024
The cost of cocoa beans has surged to a record $10,000 per metric ton. That's expected to make choco...
The Mega Corporations That Control What Americans Eat
Thu, 28 Mar 2024
Walk into a grocery store today and there are seemingly endless shelves of product to choose from. B...
Sal Mercogliano on the Baltimore Bridge Collapse
Tue, 26 Mar 2024
On March 26th, a massive container ship called the Dali ploughed into Baltimore's Francis Scott Key ...
Listen Now: The Big Take
Tue, 26 Mar 2024
The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the s...
The Economist Who Believes AI Will Be Great for the Middle Class
Mon, 25 Mar 2024
AI is an incredibly exciting space, provoking both great wonder and fear. One of the big worries obv...
Lots More on the Big Can Kick in Commercial Real Estate
Fri, 22 Mar 2024
Last year, we spoke with Rich Hill, head of real estate strategy and research at Cohen & Steers,...
Why Home Insurance Markets in California and Florida Imploded
Thu, 21 Mar 2024
In recent years, we've seen home insurance premiums soar by historic amounts. Not only have prices g...
How the US Dollar Became an International Weapon of War
Mon, 18 Mar 2024
After Russia's invasion of Ukraine, the US took a number of extraordinary steps to cut Moscow out of...
Why the UAE Is Pumping $35 Billion Into Egypt
Sat, 16 Mar 2024
The United Arab Emirates recently unveiled a stunning $35 billion investment in Egypt, snapping up d...
Industrial Policy and the Forgotten Side of Alexander Hamilton
Fri, 15 Mar 2024
Thanks to the blockbuster musical, Alexander Hamilton has become a modern cultural icon. He's known ...
Why We're Now Living in The Golden Age of Snack Food
Thu, 14 Mar 2024
Want some Doritos? For years, you might have only been able to get one or two snack chip flavors. Bu...
Moderna's CFO on How to Allocate Capital in Big Pharma
Mon, 11 Mar 2024
The pharmaceutical space is characterized by extreme uncertainty. You never know what drugs are goin...
Lots More on Why Japanese Stocks Are Surging
Fri, 08 Mar 2024
Japanese stocks are suddenly soaring, with the Nikkei 225 hitting an all-time high this week after d...
Celsius CEO Explains How They Win in Energy Drinks
Thu, 07 Mar 2024
Go to any deli or 7-Eleven these days and you're sure to see a gigantic, technicolor wall of beverag...
Introducing: The Deal with Alex Rodriguez and Jason Kelly
Tue, 05 Mar 2024
The Deal, hosted by Alex Rodriguez and Jason Kelly, features intimate conversations with business ti...
Anat Admati on How to Never Bail Out Banks Again
Mon, 04 Mar 2024
We're coming up to the one-year anniversary of the collapse of Silicon Valley Bank, which sparked a ...
How to Put a Price on a Bird: the Forgotten Science of Economic Ornithology
Fri, 01 Mar 2024
This episode is for the birds — and one bird in particular. Flaco, an Eurasian eagle-owl, escaped ...
What Really Goes Into the Fed's Favorite Measure of Inflation?
Thu, 29 Feb 2024
The Federal Reserve has a goal of getting inflation down to 2%. But of course, there are a lot of di...
How the Rise of 'Pod Shops' Is Reshaping the Way Markets Trade
Mon, 26 Feb 2024
The hedge fund industry has gone through multiple evolutions. Investing styles go in and out of fa...
How Ukraine Delivers the Mail During Wartime
Fri, 23 Feb 2024
If you order something from Ukraine right now, be it a T-shirt or a vintage Christmas ornament, chan...
A Longtime Aerospace Analyst Questions Boeing's Future
Thu, 22 Feb 2024
Troubles at Boeing just keep piling up, along with existential questions about the company's future....
This Is What's Hard About Building a US Domestic Battery Industry
Mon, 19 Feb 2024
The growth of electric vehicles has heightened concerns about China's current dominance in lithium-i...
Lots More on What Earnings Are Telling Us About Prices Now
Fri, 16 Feb 2024
Last year, Corbu managing director Samuel Rines came on Odd Lots to discuss what exactly companies w...
The Quiet Revolution in How We Rescue Banks
Thu, 15 Feb 2024
A little less than a year ago, the US financial system was rocked by its first major banking drama s...
How a Second Trump Administration Could Upend US-China Relations
Mon, 12 Feb 2024
Back in 2016, Donald Trump campaigned on a platform that included a much harsher stance toward tra...
How Surging US Oil Output Is Being Moved and Stored
Fri, 09 Feb 2024
US oil production has surged to an all-time record of more than 13 million barrels produced per day....
NY Community Bancorp's Problems in the Rent-Stabilized Market
Thu, 08 Feb 2024
The last week saw a major plunge in shares of New York Community Bancorp after the company revealed ...
How Businesses Decide Exactly Where to Set Up Shop
Mon, 05 Feb 2024
We know that companies think carefully about where they open stores. They might look at things like ...
Lots More on Why Farmers Across Europe Are Furious
Fri, 02 Feb 2024
In France, the Netherlands, Germany, and Poland, we've seen a wave of protests recently from angry f...
How Global Shippers Are Dealing With a Worsening Red Sea Crisis
Thu, 01 Feb 2024
Attacks on ships in the Red Sea continue to escalate. What started with narrow strikes by Yemeni-bas...
Mark Cabana on the Fed, QT and Treasury Funding
Wed, 31 Jan 2024
It's a busy week for the bond market with a meeting of the Federal Reserve and the release of the US...
Lots More with Claudia Sahm
Tue, 30 Jan 2024
This week on Lots More, we speak with Claudia Sahm, the former Federal Reserve economist and founder...
Why the Short Volatility Trade Is Back and Bigger Than Ever
Mon, 29 Jan 2024
There are plenty of one-off risks at the moment, but it seems like betting on pretty much nothing ha...
Lots More on China's Moves to Create a Dollar Alternative
Fri, 26 Jan 2024
For years, people have been talking about the end of US dollar dominance or how some other currency ...
The Anonymous Meme Account Chronicling Credit Market Craziness
Thu, 25 Jan 2024
The past few years have been pretty wild for anyone working in credit, the business of selling and t...
Brevan Howard's Top Economist Sees Three Huge Macro Turning Points Under Way
Mon, 22 Jan 2024
Right now, there's a lot of hope and optimism that the US economy is on a path towards a soft landin...
The Moment That Boeing's Culture Started To Rot
Fri, 19 Jan 2024
On Jan. 5, the plug door of an Alaska Airlines 737 Max 9 blew out mid-flight, forcing the plane into...
US Oil Is Booming and It's Upending Global Markets
Thu, 18 Jan 2024
In the early 2010s, US shale players were producing oil like crazy, with no concerns about profitabi...
The Massive Economic Impact If China Invades Taiwan
Mon, 15 Jan 2024
A possible Chinese invasion of Taiwan has become a top-of-mind concern in defense and corporate circ...
Lots More on What's Hot at JPM's Health Conference
Fri, 12 Jan 2024
For anyone interested in investing in the health-care space, JPMorgan's annual Health Care Conferenc...
Harley Bassman on Why the Big Moves in the Bond Market Are Done
Thu, 11 Jan 2024
Harley Bassman, a.k.a. the Convexity Maven, is a legend among bond investors. He worked at Merrill L...
Lael Brainard on What Still Can Be Done to Lower Prices
Tue, 09 Jan 2024
The mood about the US economy feels very different right now than it did a year ago. At the start of...
This Is the Impact of Billions Flowing Into Private Credit
Mon, 08 Jan 2024
Private credit is now so big that it's rivaling more traditional forms of lending and fueling a deba...
Attacks in the Red Sea Are Reconfiguring Global Trade Again
Thu, 04 Jan 2024
A string of recent attacks by Yemen-based Houthi rebels on commercial vessels transiting the Red Sea...
The Top 10 Things We Learned on Odd Lots in 2023
Mon, 01 Jan 2024
It's no secret that one of the fun things about Odd Lots is that it covers a lot of different topics...
Brad Jacobs Plans to Make Billions in the Building Supply Industry
Thu, 28 Dec 2023
Brad Jacobs has founded multiple multi-billion dollar companies in his career. He turned United Wast...
The Odd Lots AMA Episode: Joe and Tracy Answer Your Questions
Mon, 25 Dec 2023
On this episode, our listeners called in with their questions. They ranged from the personal, like "...
Why So Many People Got This Year's Economy Wrong
Thu, 21 Dec 2023
This time last year, almost everyone was predicting a recession would engulf the US economy in 2023....
Introducing: Bloomberg News Now
Tue, 19 Dec 2023
Bloomberg News Now is a comprehensive audio report on today's top stories. Listen for the latest new...
A County in Maryland Came up With a New Way of Building Affordable Homes
Mon, 18 Dec 2023
When people think of publicly funded housing, they tend not to think about modern-looking apartments...
Lots More on Shohei Ohtani's $700 Million Contract
Fri, 15 Dec 2023
This week was a huge one for the soft landing camp. The inflation data came in cool and the Federal ...
How Salad Chain Sweetgreen Figures Out Its Next Product to Sell
Thu, 14 Dec 2023
Sweetgreen, the popular fast food salad restaurant, recently announced that it was eliminating all u...
Drybar Founder Alli Webb on the High Cost of Fast Growth
Mon, 11 Dec 2023
One of the defining brands of the 2010s was Drybar. The popular chain of blow dry salons helped defi...
China Made a Chip Breakthrough That Shocked the World
Thu, 07 Dec 2023
Both the Trump administration and the Biden administration made moves to constrain China's ability t...
Another Part of Commercial Real Estate Is in For a Reckoning
Wed, 06 Dec 2023
When it comes to commercial real estate, a lot of attention is obviously paid to offices. But it's n...
What Dead Malls Tell Us About the Future of Commercial Real Estate
Mon, 04 Dec 2023
There's been a lot of worry over the future of commercial real estate — especially the outlook for...
Lots More with Brad Setser
Fri, 01 Dec 2023
Argentina has always been interesting from an economic and financial markets perspective, to put it ...
Josh Younger Explains How Banks Really Manage Rate Risk
Thu, 30 Nov 2023
The rate banks pay on savings accounts hit the headlines earlier this year, when an outflow of depos...
A Stunning Lawsuit Could Change How Realtors Get Paid
Wed, 29 Nov 2023
Last month, a Missouri jury found that real estate brokers colluded to artificially inflate and fix ...
Goldman's Jan Hatzius Believes the Hard Part Is Over
Mon, 27 Nov 2023
Going into 2023, the conventional wisdom was that a recession was likely in store. Instead, it didn'...
Magic the Gathering's Creator Wants to Create an Even Better Game
Thu, 23 Nov 2023
Since bursting onto the scene in the mid-1990s, Magic the Gathering has become one of the most pop...
Here's What's Going Wrong in the US Offshore Wind Industry
Wed, 22 Nov 2023
The effort to decarbonize the US electricity grid involves a range of technologies and power sources...
Why Private Credit's Been Booming Even as Interest Rates Go Up
Mon, 20 Nov 2023
It's no secret that the market for private credit has boomed in recent years. The surprising thing i...
The Fed's Michael Barr on Real-Time Payments and the Basel Endgame
Fri, 17 Nov 2023
Michael Barr is a busy man these days. As the Federal Reserve's vice-chair for supervision, he's loo...
Lina Khan Is Sending a Message to the Private Equity Industry
Thu, 16 Nov 2023
Since becoming chair of the Federal Trade Commission, Lina Khan has arguably taken a novel approach ...
What's Been Happening With the Iranian Stock Market
Mon, 13 Nov 2023
Back in 2020, we spoke with Maciej Wojtal, a London-based fund manager who specializes in Iranian st...
The OCC’s Michael Hsu on the Big Risks Facing Banking Businesses Right Now
Thu, 09 Nov 2023
Earlier this year, we saw the collapse of Silicon Valley Bank and Silvergate Bank following a run on...
Introducing: Elon, Inc.
Wed, 08 Nov 2023
At Bloomberg, we’re always talking about the biggest business stories, and no one is bigger than E...
The Economics of Building a Childcare Business
Mon, 06 Nov 2023
Finding good, high quality childcare has been a growing challenge in the US for a long time. The pan...
Dimensional Co-CEO Gerard O'Reilly on the Future of Fund Management
Thu, 02 Nov 2023
Dimensional Fund Advisors is one of the fastest growing providers of mutual funds and ETFs. It was f...
What the Summer of Strikes Means For The Broader Economy
Mon, 30 Oct 2023
This special episode of Odd Lots was recorded live at the Bloomberg Screentime festival earlier this...
The Incredible Rise of the Celsius Energy Drink
Thu, 26 Oct 2023
For awhile, it was Red Bull that was synonymous with energy drinks. Then Monster Energy came along a...
What's Really Standing in the Way of a Nuclear Renaissance?
Mon, 23 Oct 2023
The US is taking a fresh look at nuclear power. After a dearth of construction, and de-commissioning...
Lots More with Gregory Brew
Fri, 20 Oct 2023
So far, the war between Israel and Hamas has had only a mild impact on world markets. Oil prices are...
This Is What an 8% Mortgage Means For the Housing Market
Thu, 19 Oct 2023
Mortgage rates have surged over the last couple of years. But surprisingly to some, actual home pric...
How An Old Banking Regulation May Have Driven The 1970s Inflation
Mon, 16 Oct 2023
There remains a lot of anxiety over whether inflation in the US will gather steam all over again. Pa...
NY's Cannabis Rollout Could Destroy a Legal Entrepreneur
Wed, 11 Oct 2023
When New York legalized recreational cannabis for adults, it didn't just want to fling the gates wid...
JPMorgan's Jay Barry on the Big Selloff in Bonds
Wed, 11 Oct 2023
In the past week, the bond market has experienced a historic selloff. Yields on benchmark 10-year US...
Jigar Shah on the Pathway to Clean, Cheap, and Abundant Energy
Fri, 06 Oct 2023
Jigar Shah is the head of the Loan Programs Office at the Department of Energy and thanks to the Inf...
Austan Goolsbee on the 'Golden Path' to a Soft Landing
Wed, 04 Oct 2023
Can a soft landing be achieved? This is still a wide open question, given the highly uncertain macro...
The Fed's Tom Barkin On the Impact of Higher Interest Rates
Mon, 02 Oct 2023
The US economy has so far withstood the effects of higher interest rates a lot better than expected....
Lots More with Matt Levine and Mike Mackenzie
Fri, 29 Sep 2023
For those who can't get enough Odd Lots, we're now offering you... "Lots More." This new podcast sho...
The Real Pain From Rate Hikes May Still Be on the Way
Thu, 28 Sep 2023
The Federal Reserve has hiked rates in rapid fashion, yet the evidence of their impact is scarce. In...
Why the Degrowth Movement Is Having a Moment
Wed, 27 Sep 2023
When it comes to economics, there are a bunch of different schools to choose from, but pretty much a...
Why Insurers Are Pulling Out of High-Risk Areas
Mon, 25 Sep 2023
This year has seen a spate of insurance companies announcing that they're leaving markets like Flori...
Steven Rattner on the UAW Strike and the Challenges of Bidenomics
Fri, 22 Sep 2023
When the US auto industry needed a restructuring or bailout in 2009, the Obama administration tapped...
Morgan Housel on the New Way We Think About Money
Thu, 21 Sep 2023
When generations undergo any kind of collective life-changing event, it shapes how people think abou...
Oaktree's Wayne Dahl on Credit Markets Right Now
Mon, 18 Sep 2023
In theory, the Federal Reserve operates by tightening the supply of credit. Or at least making it mo...
Lots More With Neil Dutta
Fri, 15 Sep 2023
For those who can't get enough Odd Lots, we're now offering you... "Lots More." This new podcast sho...
Senator Chris Coons on How to Fix Our Response to Avian Flu
Thu, 14 Sep 2023
Last year, consumers around the country experienced an explosion in the price of eggs, in part due t...
Bill Gross on the End of the Great Bond Bull Market
Wed, 13 Sep 2023
Bill Gross became known as the Bond King during his legendary, multi-decade run at Pimco, eventually...
What Rising Rates and Surging Insurance Prices Are Doing to Real Estate
Mon, 11 Sep 2023
In some respects, the real estate market has been surprisingly resilient in the face of rising inter...
Self-Driving Cars Might Finally Be For Real This Time
Thu, 07 Sep 2023
A decade ago, there was a lot of hype about self driving cars. In fact, there was more interest in s...
This Is How New York City Gets Its Produce
Mon, 04 Sep 2023
Certain people claim that New York City has a reputation for... not having the best fruits and veget...
Hyun Song Shin on the New Financial Stability Risks
Thu, 31 Aug 2023
At Jackson Hole, the Kansas City Fed's annual gathering for economists and central bankers, there's ...
Adam Posen Has a Warning on the Danger of Bidenomics
Wed, 30 Aug 2023
The Biden administration has undertaken an aggressive effort to revitalize domestic manufacturing, p...
Barry Eichengreen on the New Era of High Government Debt
Tue, 29 Aug 2023
In recent years, the absolute level of government debt around the world has risen dramatically. The ...
Darrell Duffie On How to Fix the World’s Most Important Market
Mon, 28 Aug 2023
In the global financial system, US Treasuries play a special role. They’re basically as close to c...
This Is What We Just Learned In Jackson Hole
Sat, 26 Aug 2023
On Friday, Federal Reserve Chair Jerome Powell gave his much-anticipated speech at the Kansas City F...
BONUS EPISODE: Bloomberg Surveillance in Jackson Hole
Fri, 25 Aug 2023
Bloomberg Surveillance comes to the Odd Lots podcast! Listen for a special edition of Bloomberg Su...
Why Tractor Supply Is One of the Most Interesting Retailers On the Planet
Thu, 24 Aug 2023
Tractor Supply Co. has grown from a small mail order business set up in the 1930s into the biggest f...
The Four Big Structural Forces Holding Back China's Economy
Mon, 21 Aug 2023
The Chinese economy is in a slump. Industrial production is down. Retail sales are down. The propert...
Here's How the New Weight Loss Drugs Could Change Everything
Thu, 17 Aug 2023
There's a new class of weight-loss drugs in town. GLP-1 medications including Ozempic, Wegovy and Mo...
How Economic Complexity Explains Which Countries Become Rich
Mon, 14 Aug 2023
Why do some countries become rich while others stagnate? And can you predict which countries become ...
Paul Krugman on UFOs, AI and Room Temperature Superconductors
Fri, 11 Aug 2023
There have been a number of news stories lately that seem straight out of science fiction. We've hea...
The Two Strikes That Ground Hollywood to a Halt
Thu, 10 Aug 2023
Movie and TV productions have come to a nearly complete stop in Hollywood. Both the Screen Actors Gu...
What the UAW Wants From Its Fight With the Big Three
Mon, 07 Aug 2023
On September 14, the contract between the United Auto Workers and the Big Three carmakers (GM, Ford ...
The Chinese EV Maker That's Selling More Cars Than Tesla
Thu, 03 Aug 2023
In the US, Tesla remains far and away the dominant maker of electric vehicles. But on a global scale...
DOJ's Jonathan Kanter on the Bidenomics Approach to Antitrust
Mon, 31 Jul 2023
A key plank of the Biden administration's "Bidenomics" involves stronger antitrust enforcement and w...
The Massive Shift Underway in the US Banking System
Thu, 27 Jul 2023
When Silicon Valley Bank imploded, there was a lot of talk about the future of regional and communit...
Are We About to See the Shortest Housing Cycle Ever?
Mon, 24 Jul 2023
Last year, as the Federal Reserve hiked rates to the highest levels in decades, there were lots of w...
How to Build the Ultimate GPU Cloud to Power AI
Thu, 20 Jul 2023
Artificial Intelligence is all the rage right now and most of the investor excitement has so far bee...
Josh Wolfe on Where Investors Will Make Money in AI
Mon, 17 Jul 2023
We're in the midst of an AI mania of sorts. In public markets, investors are placing bets on the com...
Understanding the Real Fight Over Water in Arizona
Fri, 14 Jul 2023
Arizona recently announced new constraints on housing development in the areas around Phoenix. At is...
An Arizona Farmer on How to Grow Alfalfa in the Middle of the Desert
Thu, 13 Jul 2023
Due to a combination of drought, climate change and booming growth, Arizona is facing looming water ...
Richard Koo on China's Risk of 'Japanification'
Mon, 10 Jul 2023
Richard Koo literally wrote the book on balance sheet recessions, or the idea that large levels of d...
What It Really Takes to Convert an Office Building Into Apartments
Thu, 06 Jul 2023
Big cities like New York have two real estate problems. Housing is scarce and office buildings are e...
Jared Bernstein on the Next Stage of Bidenomics
Tue, 04 Jul 2023
President Biden recently made it clear that what we're seeing play out in the economy now is the res...
Bridgewater's Greg Jensen on AI, Inflation and What Markets Are Getting Wrong
Mon, 03 Jul 2023
Every industry is trying to figure out just how AI or Large Language Models can be used to do busine...
Zoltan Pozsar on His Next Big Move and the Coming Monetary Divorce
Fri, 30 Jun 2023
Zoltan Pozsar has built a reputation for covering the intricacies of money markets. For the past eig...
What Ben McKenzie Learned When He Started Investigating Crypto
Thu, 29 Jun 2023
When the pandemic struck in 2020, the actor Ben McKenzie (who you might know from The OC and Gotham)...
James Montier Explains Why Corporate Profits Keep Going Up
Mon, 26 Jun 2023
More than a decade ago, GMO strategist James Montier published a paper predicting that corporate pro...
Why Saudi Arabia Is Spending Millions on Soccer Stars
Fri, 23 Jun 2023
Saudi Arabia has been spending hundreds of millions of dollars snapping up international soccer star...
This Is How Finance and Banking Worked Before Computers
Thu, 22 Jun 2023
We're used to thinking of modern finance as practically synonymous with computers. Banks are basical...
Josh Younger on the Surprising Origins of Eurodollars and Petrodollars
Mon, 19 Jun 2023
De-dollarization is all the rage right now, with lots of talk about whether the US currency will be ...
Steve Eisman on Banks, AI and His Next Big Bet
Fri, 16 Jun 2023
Steve Eisman is known for having bet against the housing market prior to the Great Financial Crisis ...
The Eyeball-Scanning Plan Designed to Save Us From AI
Thu, 15 Jun 2023
There are all kinds of societal concerns emerging out of the rise of artificial intelligence. Will i...
This Is What Happens When Governments Build Software
Mon, 12 Jun 2023
There's a lot of frustration about the government's ability to build things in the US. Subways. Brid...
Brad Setser on How World Trade Changed In the Last Three Years
Fri, 09 Jun 2023
A lot has happened since we last spoke to Brad Setser in April 2020, towards the beginning of the Co...
Isabella Weber on the Big Rethink of Inflation
Thu, 08 Jun 2023
Earlier this year, Odd Lots talked about the idea of companies taking advantage of bottlenecks and o...
Jim Grant Sees an Era of Higher Rates That Could Last For Years
Mon, 05 Jun 2023
If you think interest rates seem high right now, you might be operating with too short of a perspect...
Counterfeiting Scandals Keep Slamming the Commodities Market
Thu, 01 Jun 2023
Earlier this year, it emerged that the London Metals Exchange had been holding a bunch of bags fille...
This Is How We'll Know If the CHIPS Act Is Working
Mon, 29 May 2023
The US government is spending billions of dollars to build out state-of-the-art domestic semiconduct...
Slack Founder Stewart Butterfield on AI, Software, and the End of the Tech Boom
Thu, 25 May 2023
Stewart Butterfield has been at the forefront of two epochal turning points for tech. First, he was ...
On the Debt Ceiling, the White House Is Doing What It Said It Wouldn't Do
Wed, 24 May 2023
In 2011, then-Vice President Biden had a front row seat to a bruising debt ceiling standoff between ...
What Needs to Happen for the Renminbi to Seriously Compete With the Dollar
Mon, 22 May 2023
There's a lot of discussion these days about de-dollarization and whether the US dollar will lose it...
We're In the Midst of Trucking Bloodbath 2.0
Fri, 19 May 2023
A couple of years ago, it was an amazing time to have a truck or be a trucker. The goods economy was...
CFTC Chair Rostin Behnam on the Fight to Regulate Crypto
Thu, 18 May 2023
We're still in the middle of a "crypto winter" with the price of coins well off their highs from bac...
The CME's Terry Duffy on the Big Risks He's Seeing Now
Mon, 15 May 2023
Terry Duffy is the chairman and CEO of CME Group, the world's biggest derivatives exchange and a tra...
Introducing - Spellcaster: The Fall of Sam Bankman-Fried
Fri, 12 May 2023
Coming soon: When nerdy gamer Sam Bankman-Fried rocketed to fame as the world’s richest 29-year-ol...
Ben Smith on the End of an Era for Digital Media
Fri, 12 May 2023
The 2010s saw the rise of a number of digital media startups like BuzzFeed News, Gawker Media, Vice,...
The Fed Hiked Rates Rapidly and Housing Is as Broken as Ever
Thu, 11 May 2023
The Federal Reserve has hiked rates rapidly over the last 18 months, and yet inflation remains surpr...
Inside the Battle for Chips That Will Power Artificial Intelligence
Mon, 08 May 2023
Nobody knows for sure who is going to make all the money when it comes to artificial intelligence. W...
Care Work in the United States Has Been Broken for Years
Thu, 04 May 2023
Disruptions caused by the pandemic have revealed deep flaws in our supply chain for physical goods. ...
The White Oak Shortage That Could Ruin the Bourbon Industry
Mon, 01 May 2023
Some supply chain crises are acute. A bottleneck at the ports. A shortage of semiconductors. These c...
Why the Desire to Move Away From the Dollar Is Getting Real
Thu, 27 Apr 2023
There's been a lot of discussion about the possibility of "de-dollarization," or the idea that the w...
Here Are the Signs of a Slow-Moving Credit Crunch
Mon, 24 Apr 2023
The big headlines from March's banking crisis have receded and balances at some of the Federal Reser...
Pot Lots Part 3: Righting the Wrongs of the Past
Thu, 20 Apr 2023
Marijuana has been legalized in a number of places in the US now, but what New York is trying to do ...
Pot Lots Part 2: The Business of Big Cannabis
Thu, 20 Apr 2023
In some respects, selling legalized cannabis should be like many other consumer goods business. You ...
Pot Lots Part 1: Birth of a Marijuana Market
Thu, 20 Apr 2023
New York City has long been seen as a holy grail for the legal weed industry, with millions of poten...
So Much of the World Economy Has Been Going in Reverse
Mon, 17 Apr 2023
Over time, we expect the world to get richer. Yes, there are disruptions and setbacks (and we have s...
Eight Months In, What Is Happening With Biden's CHIPS Act?
Thu, 13 Apr 2023
In August of last year, the White House signed the CHIPS and Science Act of 2022, a bipartisan effor...
What Commercial Real Estate Stress Means for Banks and Bond Funds
Mon, 10 Apr 2023
In the last month or so, two macro risks have become top of mind for investors. One is the stability...
Nassim Taleb on What Bitcoiners, Anti-Vaxxers and Deadlift Maxis All Get Wrong
Thu, 06 Apr 2023
Nassim Taleb has never been shy about expressing his viewpoints on a wide range of topics. But latel...
The NYC Landlord Who Says the "Golden Age" of Being a Landlord Is Over
Mon, 03 Apr 2023
For the most part, being a landlord, particularly in a major city, has been a good business to be in...
Matt King Sees a $1 Trillion Liquidity Drain Heading for Markets
Thu, 30 Mar 2023
One of the big mysteries in markets right now is why risk assets rallied so strongly into the new ye...
Betsy Cohen On Tech Investing and How SVB Failed Banking 101
Mon, 27 Mar 2023
The tech world is in a precarious moment. Valuations are down. The IPO window seems shut. SPACs are ...
Is It Time For Public Checking Accounts at the Fed?
Thu, 23 Mar 2023
When Silicon Valley Bank failed, the government stepped in and guaranteed that all accounts — even...
Where Stress Is Showing in the $20 Trillion Commercial Real Estate Market
Mon, 20 Mar 2023
Markets are suddenly on edge due to strains in the financial system. But banks aren't the only sourc...
What the Dramatic Boom in Zero-Day Options Means for Stocks
Fri, 17 Mar 2023
Zero- and one-day options give investors the ability to bet on the daily moves of the S&P 500. I...
The Regulatory Blunder That Gave Us the Silicon Valley Bank Disaster
Thu, 16 Mar 2023
Whenever a major financial institution collapses and needs a bailout, it's easy to say, "Where were ...
Dan Davies On What Brought Down Silicon Valley Bank
Tue, 14 Mar 2023
Silicon Valley bank collapsed at record speed. And the world is still trying to figure out what went...
How the Federal Reserve Grew More Powerful Than Anyone Ever Imagined
Mon, 13 Mar 2023
In the short term, the Federal Reserve's job is straightforward. Raise or lower interest rates in or...
Companies Are Telling Us the Real Reason They're Still Raising Prices
Thu, 09 Mar 2023
The persistence of inflation is a bit of a mystery to economists. Many of the shocks of the last few...
Coinbase CEO Brian Armstrong on the Two Big Challenges Facing Crypto
Mon, 06 Mar 2023
Crypto is facing two distinct, yet related problems. First, a bunch of people have lost money due to...
How Empty Land in the Arizona Desert Gets Turned Into Homes
Thu, 02 Mar 2023
Homebuilders have experienced major whiplash over the last few years. The pandemic originally caused...
Why We Don't Build More Apartments for Families
Mon, 27 Feb 2023
The vast majority of urban apartments in the US are geared towards single occupants, couples without...
Why Interest Rates on Savings Accounts Are Still So Low
Thu, 23 Feb 2023
The Federal Reserve has been raising benchmark borrowing rates at the fastest pace in decades, but t...
A Former CIA Official on One Year of Russia's War in Ukraine
Mon, 20 Feb 2023
It's been one year since Russia invaded Ukraine in an event that set off a chain reaction of both ge...
Brian Deese on the Legislative Legacy of President Biden's First Two Years
Fri, 17 Feb 2023
President Biden came into office with an incredibly slim legislative majority. And yet despite just ...
This Is What Happens if the US Actually Hits the Debt Ceiling
Thu, 16 Feb 2023
The US is in the middle of another debt ceiling fight. The expectation is that it will get lifted be...
What Happens Now to All the Laid Off Tech Workers?
Mon, 13 Feb 2023
The US labor market looks rock solid. The unemployment rate is at its lowest level in 50 years, whil...
Jan Toporowski Explains Why Capitalists Dislike Full Employment
Fri, 10 Feb 2023
In the wake of the Great Financial Crisis, the work of John Maynard Keynes experienced a revival, as...
Introducing: Foundering - The John McAfee Story
Thu, 09 Feb 2023
The new season of Bloomberg's Foundering podcast retraces the life and gruesome death of John McAfee...
Fabio Natalucci on How to Think About Financial Risk Right Now
Thu, 09 Feb 2023
The Federal Reserve raised interest rates at the fastest pace in decades in 2022. But despite the ra...
Steve Eisman on the 'Paradigm Shift' Happening in Markets Right Now
Mon, 06 Feb 2023
After a decade of dominance, 2022 saw tech stocks badly underperform the rest of the market. However...
Viktor Shvets Declares Victory for Team Transitory and the Soft Landing
Wed, 01 Feb 2023
It was looking bad there for awhile for Team Transitory. Anyone who had previously even uttered the ...
The "Big Shift" That's Finally Causing Rents to Fall
Mon, 30 Jan 2023
Rent inflation went wild in 2021 and 2022, turning it into one of the most substantial drivers of ov...
Why Corporate America Still Runs on Ancient Software That Breaks
Thu, 26 Jan 2023
Southwest Airlines had a disastrous holiday season, thanks in part to a software bug that left crews...
What The Heck Is Happening With the Price of Eggs?
Mon, 23 Jan 2023
The price of eggs rose 60% in 2022, as measured by the Consumer Price Index. Meanwhile, wholesale eg...
The 'Widowmaker' Crypto Trade That Helped Blow Up an Industry
Fri, 20 Jan 2023
Over the last year, numerous things have gone wrong for the crypto industry. (Too many to list.) But...
Isabella Weber On a New Way to Think About Inflation
Thu, 19 Jan 2023
In economics, there tends to be two dominant ways of thinking about inflation. Either you agree with...
Ex-Logger Aims to Beat Elon Musk in Electric Trucks
Mon, 16 Jan 2023
While electric vehicle use is growing rapidly, the internal combustion engine remains completely dom...
Why Banks Are Suddenly Borrowing From the Fed's Discount Window
Fri, 13 Jan 2023
The discount window at the Federal Reserve allows banks to borrow money at an above-market rate in e...
Neil Dutta and Conor Sen on the Chances of a US Soft Landing
Thu, 12 Jan 2023
The most recent jobs report has revived talk that the US economy might pull off the fabled "soft lan...
What Truckers Already Know About the Future of Electronic Worker Surveillance
Mon, 09 Jan 2023
Thanks to work from home, and other trends, workers are being electronically monitored by their boss...
Flexport CEO Says a ‘Great Recession’ Is Here for Global Shipping
Thu, 05 Jan 2023
Back in early 2021, Ryan Petersen was one of the first people we spoke to on the Odd Lots podcast ab...
The AMA Episode: Tracy and Joe Answer All Your Questions
Fri, 30 Dec 2022
In this special episode, Tracy and Joe reach into the mailbag and take some questions about Odd Lots...
Odd Lots Revisited: Our First Episode with Tom Keene
Thu, 29 Dec 2022
Odd Lots is seven years old now, having started in late 2015. When it began, we really didn't know w...
Why the Price of Plastic Is Crashing After a Record Surge
Mon, 26 Dec 2022
Plastic is in almost everything and prices of polypropylene, polyethylene and a host of other polyme...
What a Bakery Can Tell Us About the Economy Right Now
Thu, 22 Dec 2022
We talk a lot about macroeconomic trends on the podcast. What's happening with inflation? Is the lab...
Where Things Stand Now With Inflation and the Fed
Mon, 19 Dec 2022
Last week was a big one. On Tuesday, we got a CPI report that came in substantially cooler than expe...
Younger and Menand Explain How We Got the Modern Banking System
Thu, 15 Dec 2022
The US financial system today is pretty much taken as a given. We have the Federal Reserve, which se...
This Is What We Know About How Tether Works
Mon, 12 Dec 2022
2022 has seen numerous crypto disasters, most notably FTX. Also the price of most coins has tumbled ...
What Extreme Weather Events Are Doing to Global Insurance Markets
Thu, 08 Dec 2022
Heatwaves, droughts, hurricanes, floods... in a year of commodity shortages and supply chain disrupt...
Brad DeLong on the FTX Collapse and the South Sea Bubble
Mon, 05 Dec 2022
We're in the aftermath of an extraordinary bubble in cryptocurrencies and the collapse of FTX is a d...
The Covid Protests in China and Why They Happened Now
Thu, 01 Dec 2022
China has seen a surge in protests in cities all around the country, targeted at the country's Covid...
This Is What Happens to Silicon Valley in a Downturn
Mon, 28 Nov 2022
The US economy may not be in a recession, but Silicon Valley, which had a mega-boom throughout the 2...
Jim Chanos on Crypto, Tech and the Golden Age of Fraud
Wed, 23 Nov 2022
Earlier this year we talked to the legendary short seller Jim Chanos, during which he warned of more...
Truckers Are Working Countless Hours That They're Not Getting Paid For
Mon, 21 Nov 2022
For years we've been hearing about a persistent shortage of truck drivers. But what if we're thinkin...
Matt Levine on the Collapse of FTX and Alameda
Fri, 18 Nov 2022
It was on an episode of the Odd Lots podcast in April 2022 that Sam Bankman-Fried infamously charact...
Understanding the Collapse of Sam Bankman-Fried's Crypto Empire
Thu, 17 Nov 2022
The collapse of the Sam Bankman-Fried empire is gigantic, sprawling and fast moving. While details a...
Guyana Is the Most Exciting Story in the World Oil Market
Mon, 14 Nov 2022
We talk a lot about the US shale boom. And we talk a lot about OPEC. But one of the most exciting st...
Isabella Weber On Germany's Plan to Cap the Price of Gas
Thu, 10 Nov 2022
The surge in gas costs in Europe threatens to impose massive pain on households and cripple energy-i...
Josh Younger on the Origin Story of the Shadow Banking System
Mon, 07 Nov 2022
There are a bunch of historical analogies that people like to reach for in order to describe some of...
Mark Bergen on Apple's Threat to the Online Ad Industry
Thu, 03 Nov 2022
After years of basically printing money, the big online Internet behemoths are starting to stumble f...
Hyun Song Shin Explains Why This Dollar Shock Is So Unique
Mon, 31 Oct 2022
It's no secret that a strong US dollar causes the rest of the world pain, but the impact of this yea...
A Midwest Drought Is Creating a Supply Chain Crisis on the Mississippi River
Mon, 31 Oct 2022
The Midwest has been gripped by drought this year and water levels on the Mississippi River have fal...
This Is The Legal Mess Now Facing the Trucking Industry
Fri, 28 Oct 2022
When people think about the so-called 'gig economy' they probably first think about Uber. But truck ...
A Broken Market Is Causing Mortgage Rates to Surge
Thu, 27 Oct 2022
US mortgage rates have jumped to a two-decade high, with the average 30-year home loan now running a...
This Is What the US Just Did to China on Semiconductors
Mon, 24 Oct 2022
Earlier this month, the Biden administration unveiled a new set of restrictions on exporting semicon...
How the Alberta NDP Competes In One of Canada's Most Conservative Provinces
Fri, 21 Oct 2022
Alberta is one of Canada's most conservative provinces, with an economy and culture that might be co...
Nouriel Roubini Predicts a Crisis 'Worse' Than the 1970s
Wed, 19 Oct 2022
Nouriel Roubini is known for his bearish prognostications. And unfortunately, he still doesn't see a...
Jigar Shah Just Became One of the Most Important Players in the Energy Transition
Mon, 17 Oct 2022
Jigar Shah is the director of the loan office at the Department of Energy. For years, this division ...
Dan Wang On the Extraordinary Moment for China's Party Congress
Thu, 13 Oct 2022
The Chinese government's biggest political gathering comes at a time of numerous challenges.Next wee...
This Is What 7% Mortgages Will Do To the Housing Market
Mon, 10 Oct 2022
Thanks to the surge in mortgage rates, we've seen a historic collapse in mortgage affordability. New...
Toby Nangle on What We Just Learned From Gilt Market Madness
Thu, 06 Oct 2022
UK financial assets just experienced once-in-a-generation type moves in the wake of the government's...
What Is Really Going On With Rent and Healthcare Inflation?
Mon, 03 Oct 2022
One of the biggest drivers of inflation is rent. Arguably, it's the whole ballgame right now. If ren...
Marko Papic on What Markets Got Wrong About Russia's Invasion of Ukraine
Thu, 29 Sep 2022
When Russia invaded Ukraine, there was a widespread expectation of a surge in prices for numerous co...
Pierre Andurand on What Europe Needs to Do This Winter
Mon, 26 Sep 2022
Europe is facing an energy crisis and there are some dire predictions about how it will deal with th...
Former CFTC Chair on How to Regulate Stablecoins Without Passing Any New Laws
Thu, 22 Sep 2022
Stablecoin regulation has become a hot topic, and for very good reason. For one thing, it's an extre...
The Ethereum Network Just Experienced a Monumental Development
Mon, 19 Sep 2022
For years, it's been on the Ethereum roadmap to transition its blockchain from proof-of-work to proo...
Senator Pat Toomey on the Bad State of Crypto Regulation
Thu, 15 Sep 2022
Cryptocurrencies often don't fit neatly into traditional asset buckets. They're not exactly currenci...
Zoltan Pozsar and Perry Mehrling Debate Bretton Woods 3.0
Sun, 11 Sep 2022
Credit Suisse strategist Zoltan Pozsar has found a new level of fame over the last year, arguing tha...
Ezra Klein on the Future of Supply-Side Liberalism
Thu, 08 Sep 2022
To the surprise of many people, the Biden administration has notched some significant economic polic...
Just How Bad Is the Economy Getting in China?
Mon, 05 Sep 2022
In the wake of the Great Financial Crisis, China arguably led the world out of the downturn. Its gig...
Neel Kashkari on the Fed's Commitment to Defeating Inflation
Wed, 31 Aug 2022
At Jackson Hole, Federal Reserve Chair Jerome Powell gave a hawkish speech intended to leave no ambi...
Joelle Gamble Explains the Confusing State of the US Labor Market
Mon, 29 Aug 2022
The unemployment rate is down to 3.5%, which is far lower than just about anyone thought it would be...
Helene Meisler On What's Going On With the Stock Market Now
Thu, 25 Aug 2022
The Federal Reserve is in tightening mode. And there's that old adage "don't fight the Fed" which me...
How Stablecoins Became a Powerful Force in Crypto
Mon, 22 Aug 2022
In theory, what gets people most excited about crypto is lines going straight up. But one of the big...
This Is What Actually Determines the Price of A Gallon of Gas
Fri, 19 Aug 2022
Gas prices are central to everything these days. Biden's approval rating seems to move inverse with ...
This Is the Case for Building a More Robust Power Grid
Thu, 18 Aug 2022
Thanks to surging energy costs and extreme weather events, there's a greater urgency to decarbonize ...
Just How Bad Will the Energy Crisis Be in Europe This Winter?
Mon, 15 Aug 2022
As everyone knows, electricity prices in Europe have soared, due to a combination of factors, most p...
Pimco's Dan Ivascyn on the State of Markets Right Now
Thu, 11 Aug 2022
Markets have staged an impressive bounce since the middle of June. Stocks are way up. Credit spreads...
Jan Hatzius on the Narrow Path to Avoid a Hard Landing
Mon, 08 Aug 2022
The multi-trillion dollar question for the US economy is “Can inflation drop to the Federal Reserv...
Anna Stansbury on How to Boost Worker Bargaining Power
Thu, 04 Aug 2022
Labor markets are considered to be "tight" right now, but wage growth continues to lag inflation. Fo...
Benn Eifert On The Mania That Was Even Bigger Than Meme Stocks
Mon, 01 Aug 2022
When people think about the market mania we recently experienced, the most glaring thing that comes ...
What So Many People Get Wrong About The Energy Transition
Thu, 28 Jul 2022
With energy prices booming, heatwaves ravaging Europe, and Russia going to war against Ukraine, ther...
A New Chilean Constitution Could Mean Big Changes to Copper and Lithium Mining
Wed, 27 Jul 2022
In theory, a big shift towards renewable sources of energy (like wind and solar and electric vehicle...
What the Fed's Big Balance Sheet Unwind Means for Markets
Mon, 25 Jul 2022
The Federal Reserve recently began shrinking its massive balance sheet, unwinding trillions of dolla...
Jason Calacanis On the Expensive Lesson Coming to Silicon Valley
Thu, 21 Jul 2022
For years, venture capital firms have been pouring money into start-ups, trying to get a piece of th...
Why the US Dollar Is Booming And Creating A Possible Doom Loop
Mon, 18 Jul 2022
Every time a crisis hits, you get a new round of people warning about the end of US dollar dominance...
Matt Levine On What to Watch In Twitter vs. Elon Musk
Fri, 15 Jul 2022
This week, Twitter sued Elon Musk, attempting to force him to make good on his 44 billion buyout off...
The Bitcoin VC Who Just Infuriated The Bitcoin World
Thu, 14 Jul 2022
If you've ever interacted with hardcore Bitcoin maximalists you might find some of them, at least, t...
Josh Younger Explains Why the Bond Market Has Been So Volatile
Mon, 11 Jul 2022
The market for US Treasuries is arguably one of the most important and liquid markets in the world. ...
The Moment a Most Famous Dotcom Millionaire Knew the Party Was Over
Thu, 07 Jul 2022
The first real explosive Internet IPO was a company called TheGlobe.com. It was kind of a proto-soci...
Admiral Stavridis on a Plan to Get Ukrainian Wheat Out of a Warzone
Mon, 04 Jul 2022
Inflation was running hot even before Russia invaded Ukraine, but disruption in Europe's bread baske...
How to Spot a Fraud When Everyone's Against You
Fri, 01 Jul 2022
'Markets can stay irrational for longer than you can stay solvent' is a classic maxim for investors,...
Jigar Shah on the DOE's Role In Accelerating The Energy Transition
Thu, 30 Jun 2022
The situation in energy right now seems bleak. But while everyone is focused on the high price of ga...
Jay Newman on the Coming Crisis for Emerging Markets
Mon, 27 Jun 2022
There are a lot of challenges facing emerging markets right now. For a start, the dollar has been pr...
The Behind-the-Scenes Mess Now Facing the VC Industry
Thu, 23 Jun 2022
There's a fairly linear relationship between what's going on in the stock market and what's going on...
A Concrete Plan to Bring the Price of Oil Down Right Now
Wed, 22 Jun 2022
The price of oil is the central threat to the economy right now. Surging gasoline costs crimp consum...
Why It's So Hard to Get the Oil Taps Turned Back On
Mon, 20 Jun 2022
Oil prices are sky high. And there's plenty of oil in the ground in North America. And so far the su...
Jim Chanos on Why Some of the Worst Hit Parts of the Market Still Have More Pain Ahead
Thu, 16 Jun 2022
Legendary short seller Jim Chanos says that despite the plunge in stocks, there are numerous swathes...
Daryl Fairweather On the Tax That Could Solve the Housing Crisis
Mon, 13 Jun 2022
Housing in the US is a constant source of frustration. On the way up, prospective homebuyers worry t...
Foxconn Has a Plan to Upend the Electric Vehicle Industry
Thu, 09 Jun 2022
Most people think of Foxconn as the company that assembles iPhones. But it's a lot more than that. I...
This Year's American Wheat Harvest Has Been Awful
Mon, 06 Jun 2022
There are numerous macro factors driving elevated inflation. But in some categories, there also seem...
Silvergate CEO Alan Lane On the Business of Stablecoin
Thu, 02 Jun 2022
The collapse of the Terra/Luna experiment has brought fresh attention to stablecoins, and the differ...
Why Copper May Be One of the Tightest Markets The World Has Ever Seen
Mon, 30 May 2022
These days, oil gets all the attention. Consumers feel and see the pinch directly every time they fi...
This Is What It Takes to Win in the World of Freight Brokerage
Fri, 27 May 2022
The world of trucking is extraordinarily complex. There are an untold number of players that need to...
Ed Harrison Explains What the Fed Is Really Trying to Accomplish
Thu, 26 May 2022
Inflation is too high, and the Federal Reserve has started on an aggressive hiking path in order to ...
Bridgewater's Greg Jensen on Why Markets Have Further to Fall
Mon, 23 May 2022
Bridgewater's Greg Jensen on Why Markets Have Further to FallInflation is at its highest in four dec...
Arthur Breitman on the Biggest Problems in Blockchain Design
Fri, 20 May 2022
We continue to see an explosion of interest and money flowing into the crypto/blockchain space. But ...
Stephanie Kelton On MMT and the Inflation We're Seeing Today
Thu, 19 May 2022
For years, economists of the MMT school have been arguing that the way we think about deficits and g...
This Is How the Terra Stablecoin Actually Imploded
Sun, 15 May 2022
The collapse of the Terra ecosystem, and the tokens Luna and UST, will go down as one of the most pa...
This Is What Happened to the GameStop Mania
Thu, 12 May 2022
The first true meme stock was GameStop, which went wild in early 2021, delivering brutal losses to s...
Here's What Just Happened to the Stock Market and the Economy
Mon, 09 May 2022
It's really been an extraordinary year for markets and the economy. Stocks are down, particularly, g...
This Is What's Next for the Future of Air Travel
Thu, 05 May 2022
The aviation industry has never seen a disruption like what it's experienced over the last two years...
Javier Blas Explains How Commodity Trading Shops Really Work
Mon, 02 May 2022
One of the big themes these days is the return of the 'real' economy. You can't solve problems these...
This Is How a Locked-Down Shanghai Apartment Gets Food
Fri, 29 Apr 2022
Shanghai, a city of nearly 30 million people, is currently under a hard lockdown, as the Chinese gov...
This Is What Happened to the Meme Stock Mania
Thu, 28 Apr 2022
Spring of 2021 was peak meme mania. GameStop was going nuts. AMC was going nuts. And in general, the...
Sam Bankman-Fried and Matt Levine on How to Make Money in Crypto
Mon, 25 Apr 2022
The price of major cryptocurrencies like Bitcoin and Ethereum have been moving sideways for awhile. ...
The 1906 Dredging Law That May Be Holding Back The U.S. Economy
Wed, 20 Apr 2022
The long grounding of the cargo ship The Ever Forward has shone a spotlight on the limited dredging ...
This Is The Challenge Of Securing The Battery Supply Chain
Mon, 18 Apr 2022
With oil prices surging, there's a sense of greater urgency about moving more towards electric vehic...
Jeff Currie on the 'Volatility Trap' Keeping Commodity Prices So High
Thu, 14 Apr 2022
Goldman's top commodity strategist Jeff Currie was one of the earliest to call that we're in a new c...
This Is What 5% Mortgage Rates Mean Now For The Housing Market
Mon, 11 Apr 2022
For much of the last two decades, housing has been the consummate macro asset. It was at the heart o...
This Is Zoltan Pozsar's Vision For Bretton Woods III
Thu, 07 Apr 2022
Over the last several years, most economic crises have been solvable by money. Swap lines. Bailouts....
What Wooden Pallets Have to Do With Russia's Invasion of Ukraine
Tue, 05 Apr 2022
Most people don't think much about wooden pallets -- and that might be true even of people conductin...
How Bill Gross Built a Bond Empire And Then Lost It All
Mon, 04 Apr 2022
For a long time, bond investing was considered a sleepy backwater. You bought a bond and just clippe...
The Real Reason So Many Musicians Are Frustrated By Spotify
Fri, 01 Apr 2022
Earlier this year, there was a growing movement among some musicians (lead by Neil Young) to remove ...
Hugh Hendry On Why The World Still Can't Get Enough Dollar Assets
Thu, 31 Mar 2022
For years 15 years, Hugh Hendry ran the hedge fund Eclectica Asset Management, earning a reputation ...
Viktor Shvets on Why We Might Be Heading for a Deflationary Bust
Mon, 28 Mar 2022
In times of uncertainty, people often reach for historical analogies. In recent weeks and months, as...
A Historic Disruption To The World's Wheat Supply
Thu, 24 Mar 2022
When it comes to commodities, Russia's invasion of Ukraine has had a notable impact on the price of ...
Why Tracy's Furniture Is Stuck on a Grounded Ship
Wed, 23 Mar 2022
It's happened again. Another container ship owned by the Evergreen Maritime Corp. has gotten stuck a...
Here’s How Messy a Russian Bond Default Could Be
Mon, 21 Mar 2022
There’s a big question over whether Russia will be able (or willing) to make payments on billions ...
Pierre Andurand on How We Might Get $200 a Barrel Oil
Thu, 17 Mar 2022
Russia's invasion of Ukraine has kicked off a giant mess in the world of commodities and sent prices...
This Is The Case For Investing In Nuclear Power
Mon, 14 Mar 2022
The soaring price of electricity, particularly in Europe, is once again causing a search for alterna...
Here's What Cyber War With Russia Would Actually Look Like
Thu, 10 Mar 2022
Russia’s invasion of Ukraine has set off a new wave of concern about cyber attacks. Indeed, there ...
Matt Klein on How Germany Wound up So Dependent on Russian Gas
Mon, 07 Mar 2022
Harsh sanctions have been imposed against Russia over its invasion of Ukraine. However, the country'...
This Is What Sanctions Can Do to the Russian Economy
Thu, 03 Mar 2022
U.S. and E.U. countries have unveiled extraordinarily tough sanctions against Russia over its invasi...
Zoltan Pozsar on Russia, Gold, and a Turning Point for the U.S. Dollar
Wed, 02 Mar 2022
Even prior to Russia's attack on Ukraine, the global economy was facing an extraordinary moment. Now...
This Is the Teamster Effort To Organize the Truckers at the Ports
Mon, 28 Feb 2022
Some truckers make good money and have a high degree of control of their schedule. Others work for l...
The White House’s Brian Deese on Supply Chains and Biden’s Economic Agenda
Thu, 24 Feb 2022
GDP is booming. The labor market is booming. However inflation is elevated, and consumer sentiment i...
This Is What Needs To Happen for Oil Prices to Finally Come Down
Mon, 21 Feb 2022
The price of oil has surged over the last year, and U.S. oil companies are making money hand over fi...
Howard Lindzon on What’s Really Going on in the Tech Plunge
Thu, 17 Feb 2022
It's been a terrible few months for growth stocks. Small, unprofitable tech companies have crashed. ...
Tim Duy on the Huge Challenge the Fed Now Has in 2022
Mon, 14 Feb 2022
As inflation data continues to come in hotter than expected, pressure on the Fed is ramping up big t...
Michael Lewis on Why the World Is Still Reading “Liar’s Poker”
Thu, 10 Feb 2022
The book “Liar's Poker” came out in 1989. Its depiction of Wall Street culture — obnoxious, cr...
This Is What Happened to the Price of Nails Over the Last 330 Years
Mon, 07 Feb 2022
We're in a period of elevated inflation right now. But at least there's some good news: The price of...
Eva Beylin on eGirl Capital, The Graph, and Building Web3
Thu, 03 Feb 2022
Obviously, there's been a tremendous amount of volatility in crypto lately. But what has been the ef...
China Is Changing Its Coal Use, and It Affects the Whole World
Mon, 31 Jan 2022
Over the last several months, Europe has seen its power costs soar. There are many drivers of it, bu...
This Is the Evergrande Endgame as China’s Property Problems Spread
Thu, 27 Jan 2022
Late last year, the big Chinese property developer Evergrande started running into severe financial ...
The Electric Vehicle Revolution Is On, and It’s Going to Change Everything
Mon, 24 Jan 2022
The EV revolution is official on. Sales are soaring around the world as the internal combustion engi...
Inventory Vanishing and Bidding Wars Exploding in Crazy U.S. Housing Market
Thu, 20 Jan 2022
If you wanted to buy a home in 2021, you probably found it a frustrating experience, rife with a sho...
Paul Mcnamara on the Problem With Turkey, and the Attempt To Save the Lira
Mon, 17 Jan 2022
Near the end of 2021, Turkey's government undertook a bold measure to stabilize the lira after the c...
Afghanistan’s Former Central Bank Chief on the Dire State of the Country’s Economy
Thu, 13 Jan 2022
The Afghanistan economy was already in bad shape, with heavy reliance on foreign dollars, prior to t...
A Top Antitrust Lawyer on How Increased Competition Could Fight Inflation
Mon, 10 Jan 2022
When people think about tools to fight inflation, usually things like taxes or monetary policy come ...
Why the Price of Coffee Beans Soared in the Last Year
Thu, 06 Jan 2022
Agricultural commodities have generally surged in price over the last year. One commodity that's gon...
Understanding Turkey’s Bold Plan To Stabilize the Lira
Mon, 03 Jan 2022
The Turkish lira was incredibly volatile in 2021. After getting crushed and falling to record levels...
Mike Demarais on Design in Crypto and What Web 3.0 Will Look Like
Mon, 27 Dec 2021
Everyone's talking about Web 3.0 (or Web3), but there's a lot of ambiguity about what exactly it's g...
Jon Turek on the Macro Outlook for 2022
Thu, 23 Dec 2021
2021 was a historic year for markets and the broader economy. For the first time, seemingly in ages,...
Gene Seroka on What’s Happening Now at the Port of LA
Mon, 20 Dec 2021
There's no single measure we can look at to tell us whether supply chains are improving or not. Ther...
This Is the Booming Movement To Abolish Work as We Know It
Thu, 16 Dec 2021
Over a million people are members of a subreddit called r/AntiWork, whose slogan is "Unemployment fo...
Why the Price of Wooden Shipping Pallets Has Soared
Mon, 13 Dec 2021
The humble wooden shipping pallet is probably not something that most people think about too much. B...
This Is Why the Nation Is Facing a School Bus Driver Shortage
Thu, 09 Dec 2021
There have been a lot of stories about the challenges of keeping schools open over the last two year...
Richard Bookstaber on the Big Structural Risk in the Market Right Now
Mon, 06 Dec 2021
The stock market has basically been a one-way ship for 20 months now. So of course, some people get ...
Paradigm’s Matt Huang on the Biggest Crypto Fund Ever Raised
Thu, 02 Dec 2021
Money continues to pour into the crypto space at a rapid clip. Institutions, VCs, private investors ...
Why Job Openings Are Surging, Even With So Many People Out of Work
Mon, 29 Nov 2021
Normally, economists expect a somewhat stable relationship between job openings and the unemployment...
The White House’s Envoy on What They’re Doing To Fix the Ports
Thu, 25 Nov 2021
Most of the big retailers have assured their customers that shelves will be stocked for the holidays...
Jason Furman on Red-Hot Inflation and What To Do About It
Mon, 22 Nov 2021
Inflation is hot. You can debate why that is, or how long it will last, or who is to blame, or wheth...
Here's Why It's So Hard to Fix the Corporate Bond Market
Thu, 18 Nov 2021
The corporate bond market is huge and important, allowing U.S. companies to tap investors for much n...
ASML, the Obscure Powerhouse at the Cutting Edge of Chip Technology
Mon, 15 Nov 2021
This year has brought fresh awareness to the complexity of the semiconductor supply chain. Taiwan Se...
This Is the Perfect Storm That Caused Grain Prices To Soar
Thu, 11 Nov 2021
Inflation is running at its fastest pace in over 30 years. And one upward contributor to it is highe...
Stinson Dean on the Lumber Crash That Followed the Boom
Mon, 08 Nov 2021
These days, commodities around the world are on a tear. But earlier this year, there was a lot of fi...
Citi’s Matt King on Why Inflation Isn’t Transitory and the Fed May Induce a Recession
Thu, 04 Nov 2021
Inflation is elevated these days, and markets around the world are pricing in rate hikes. However, r...
This Is How They Could Literally Mint a Trillion Dollar Coin
Mon, 01 Nov 2021
See omnystudio.com/listener for privacy information.
Craig Fuller on the Huge Challenge of Getting the Ports To Operate 24/7
Thu, 28 Oct 2021
In recent weeks, the White House has attempted to make a greater effort to improve the functioning o...
Dan Alpert on the Big Difference Between Now and the 1970s
Mon, 25 Oct 2021
Official inflation measures in the U.S. remain elevated and so, of course, this has a lot of people ...
Axie Infinity, the Crypto Game That’s Grown Over 200x This Year Alone
Thu, 21 Oct 2021
Bitcoin just hit an all-time high and crypto mania is in full swing. One of this year's big winners ...
Goldman’s Jeff Currie: It’s a Commodities Supercycle, and We Still Haven’t Hit Max Pain
Mon, 18 Oct 2021
Back in January, we spoke with Jeff Currie, the Global Head of Commodities Research at Goldman Sachs...
Ryan Petersen on How Global Supply Chains Have Gotten Even Worse
Thu, 14 Oct 2021
We've been covering global supply chain pressures almost since the beginning of the year on Odd Lots...
Michael Pettis on What Evergrande Means for China’s Macro Economy
Mon, 11 Oct 2021
The implosion of Evergrande continues. And nobody knows exactly how the losses will be distributed. ...
Introducing: Breakthrough
Fri, 08 Oct 2021
On Breakthrough, a new series from the Prognosis podcast, we explore how the pandemic is changing ou...
Here Are the Biggest Problems Facing the Fed Right Now
Thu, 07 Oct 2021
The Federal Reserve has a lot on its plate at the moment. Not only are "transitory" inflation pressu...
This Is How the Trillion Dollar Coin Could End Debt Ceiling Fights for Good
Mon, 04 Oct 2021
Every few years, people are reminded of the weird law the United States has: the debt ceiling. Congr...
Isabella Weber on China’s Vision for Making Markets Work
Thu, 30 Sep 2021
For years, people have talked about China's ongoing process of opening up, or liberalizing its econo...
This Is What the Pandemic Did to the U.S. Rail System
Mon, 27 Sep 2021
The pandemic has obviously sent shockwaves throughout the supply chain. And, despite hopes of normal...
How To Understand the Inflation We’re Seeing Right Now
Thu, 23 Sep 2021
Over the last several months, inflation has risen at a pace significantly faster than what economist...
Understanding Evergrande, the Chinese Real Estate Conglomerate That’s Nearing Collapse
Mon, 20 Sep 2021
If you've been following the wild ride that is Chinese real estate, then you've definitely heard of ...
Stacy Rasgon on How the Global Chip Crisis May Be Getting Even Worse
Thu, 16 Sep 2021
We've been talking about chips on Odd Lots for almost a year now. Thanks to a unique combination of ...
Dan Wang Explains What China's Tech Crackdown Is Really All About
Mon, 13 Sep 2021
Over the last several months, Chinese authorities have undertaken a sweeping campaign of change. We'...
Zoltan Pozsar on What’s Going on in Rates Markets Right Now
Thu, 09 Sep 2021
There's a lot happening in the plumbing of the financial system. The Federal Reserve's reverse repo ...
Patrick O'Shaughnessy on the Next Big Thing in Passive Investing
Mon, 06 Sep 2021
Passive investing is kind of boring. You dump your money in an index fund and that's it. The industr...
Omair Sharif Explains How Inflation Measures Really Work
Thu, 02 Sep 2021
When people think about what inflation is, they might first think about some broad index like the CP...
How Solana and Pyth Aim To Take DeFi to the Next Level
Mon, 30 Aug 2021
There's obviously a lot of interest in crypto and DeFi these days. And while it's growing rapidly, i...
Mitu Gulati and Ugo Panizza on Haiti’s Odious Post-Colonial Debt
Thu, 26 Aug 2021
Nearly 200 years ago, the colonialist French power granted independence to Haiti. But it did so unde...
A Conversation With Ajmal Ahmady, Afghanistan’s Former Central Bank Chief
Mon, 23 Aug 2021
Over the last week and a half, the world has watched in shock at the dizzying speed of the collapse ...
David Woo on What the Economists Got Wrong About the Stimulus
Thu, 19 Aug 2021
David Woo has always been one of the most outspoken voices on the street. A former top strategist at...
Neel Kashkari on the Fed’s Quest To Get To Full Employment
Mon, 16 Aug 2021
The last two jobs reports have been strong, but the unemployment rate remains over 5%. And by some e...
Brent Donnelly on What It Takes To Be a Winning Trader
Thu, 12 Aug 2021
The last 18 months has seen an incredible influx of people getting into trading. Thanks to a combina...
Dallas Fed President Rob Kaplan on the Economy and Monetary Policy Right Now
Mon, 09 Aug 2021
The economy is in uncharted territory in more ways that one right now. Coming out of the worst of th...
Sam Bankman-Fried and Matt Levine on How the Crypto Market Really Works
Thu, 05 Aug 2021
Sam Bankman-Fried is arguably the most important and powerful person in crypto. His crypto exchange ...
Gene Seroka on the Logistical Logjam at the Port of LA
Mon, 02 Aug 2021
America's ports are a key source of congestion contributing to supply chain disruptions rippling thr...
The Bathtub Episode: How the Pandemic Disrupted Plumbing
Thu, 29 Jul 2021
When you think about building a new home, obviously you think of various constraints regarding land,...
GXO's CIO on the Past, Present, and Future of Warehouses
Mon, 26 Jul 2021
You can't talk about supply chains without talking about warehouses. Basically everything we buy at ...
What Complexity Economics Can Add to Our View of the World
Thu, 22 Jul 2021
Over the past year it's become clear that traditional economics doesn't necessarily do a great job o...
Why Everyone's Experience Of Inflation Is So Different
Mon, 19 Jul 2021
Inflation is running hot these days. But, even when the official measures were considerably cooler, ...
Vlad Zamfir on the Dangers of Unstoppable Software and What People Get Wrong About Blockchains
Thu, 15 Jul 2021
Vlad Zamfir is something of a crypto legend. The researcher was early into Bitcoin, and he was part ...
The Labor Episode: How the Omni Hotel Chain Is Dealing With Hiring Right Now
Mon, 12 Jul 2021
One of the big stories in the economy right now is the high number of unfilled job openings in the l...
Steve Keen Says Economists Get Everything Wrong (Especially About Climate Change)
Thu, 08 Jul 2021
Mainstream economics has come under attack lately. People have begun questioning its understanding o...
Ryan Holiday on Opening a Bookstore During a Pandemic
Mon, 05 Jul 2021
Bookstores typically aren't seen as the most attractive businesses in the year 2021. Add in the pand...
This Is the Vision for DeFi Built on Bitcoin
Thu, 01 Jul 2021
There's a lot of hype about so-called DeFi (decentralized finance) these days, and much of it is bas...
Tom Schmidt Explains What You Need to Know about DeFi
Mon, 28 Jun 2021
By now you've no doubt heard about DeFi: the hot vision of crypto that aims to disrupt traditional l...
Hyun Song Shin on CBDCs and the Future of Central Banking
Thu, 24 Jun 2021
The world's central bankers are facing challenges the likes of which they've never seen before. We'r...
The Trucking Episode: Why the Industry Is Such a Mess
Mon, 21 Jun 2021
You can't talk about the problems in logistics and supply chains right now without talking about tru...
Why Ram Parameswaran Says the World's Biggest Tech Stocks Are Ridiculously Cheap Right Now
Thu, 17 Jun 2021
Everyone knows that tech stocks performed amazingly well amid the coronavirus crisis. In the last fe...
Why Tracy Can't Ship a Teddy Bear from Hong Kong to the U.S. Right Now
Mon, 14 Jun 2021
By this point, you're aware that shipping anything internationally is pretty tough right now. It tur...
Why Brooklyn Nets Star Spencer Dinwiddie Co-Founded a Crypto Startup
Thu, 10 Jun 2021
Over the last year, numerous celebrities and athletes have gotten into crypto in some way. For examp...
This Is How the U.S. Ran Out of Homes for Sale
Mon, 07 Jun 2021
Home demand is booming. By some measures, the market is even hotter than it was during the peak prio...
Dan Ariely on How To Win Big by Betting on Human Capital
Thu, 03 Jun 2021
Dan Ariely is one of the most famous behavioral economists in the world. And in his latest act, he's...
Roshun Patel on What Really Happened During the Crypto Market Crash
Mon, 31 May 2021
The crypto market recently experienced one of its worst crashes ever, with numerous coins cut in hal...
Data Centers, Crypto Miners, and Gamers Are All Battling for Semiconductors
Thu, 27 May 2021
These days, there's a shortage of chips everywhere you look. Some of it is related to idiosyncratic ...
Daniela Gabor on the Critical Case Against Private Sector ESG
Mon, 24 May 2021
Over the last few years, ESG has become a gigantic industry. Due to concerns over climate, the treat...
Aaron Lammer on Yield Farming and Trading in the World of DeFi
Thu, 20 May 2021
"Decentralized Finance," "Yield farming"... you've probably heard these terms before, but have very ...
How the World's Companies Wound Up in a Deepening Supply Chain Nightmare
Mon, 17 May 2021
By now, everybody knows that global supply chains are a mess. Not a day goes by where there isn't ne...
Jared Bernstein on Taxes, Spending, and Why President Biden Wants to 'Pay for It'
Thu, 13 May 2021
Jared Bernstein has been a longtime advisor to President Joe Biden. He was his advisor while Biden w...
A Special Announcement From Joe and Tracy
Tue, 11 May 2021
Please check out this special announcement from Joe and Tracy, who have an update on a new Odd Lots ...
Viktor Shvets on Inflation and How Crypto Could Cause the Next Financial Crisis
Mon, 10 May 2021
What will the economy really look like when things normalize? Lots of people are, of course, anticip...
Hayden Adams Explains Uniswap and the Rise of DeFi
Thu, 06 May 2021
There's an irony with crypto. While so much of it is ostensibly about circumventing legacy finance, ...
How to Make the U.S. Semiconductor Industry Boom Again
Mon, 03 May 2021
This year, everyone's become aware of the hollowing out of U.S. semiconductor manufacturing capacity...
What Adam Tooze Learned About the World Last Year
Thu, 29 Apr 2021
There's probably nobody better at synthesizing massive events like Columbia professor Adam Tooze. Hi...
Why the Price of Lumber Has Soared Day After Day After Day
Mon, 26 Apr 2021
It's not often that lumber becomes a national obsession. But this year it has. Thanks to a combinati...
How to Build a Portfolio That Outperforms For a Century
Thu, 22 Apr 2021
There's a huge question mark at the moment about whether markets are at some sort of important turni...
John Hempton on Greensill, Archegos and What It's Like To Short Right Now
Mon, 19 Apr 2021
It's a weird moment for the markets. The big stock indices are near all time highs. And yet there ha...
Zach Carter on the Real Story of Weimar Hyperinflation
Thu, 15 Apr 2021
Whenever the government is engaging in fiscal or monetary expansion, people like to invoke the histo...
Slavoj Žižek on GameStop, WallStreetBets, and the Future of Capitalism
Mon, 12 Apr 2021
When GameStop shares skyrocketed earlier this year, numerous pundits were quick to ascribe political...
Why Treasury Market Spasms That Shouldn't Happen Keep Happening
Thu, 08 Apr 2021
The U.S. Treasury market is the biggest, most liquid market in the world. Its smooth functioning is ...
Why the True Price of a Bond Can Still Be Hard To Know
Mon, 05 Apr 2021
In the modern age, we expect to be able to turn on our computers, enter in a ticker, and know the ac...
The Ex-Jane Street Trader Who's Building a Multi-Billion Crypto Empire
Thu, 01 Apr 2021
The crypto market has come a long way in recent years. But it's still far less efficient than your t...
How Gigantic Ships Are Creating Global Supply Chain Havoc
Wed, 31 Mar 2021
The Ever Given has been freed from the Suez Canal. But the whole situation was indicative of a broad...
Virtu CEO Doug Cifu Explains Payment for Order Flow and the Future of HFT
Mon, 29 Mar 2021
When the GameStop and Robinhood story exploded at the end of January, suddenly everyone took an inte...
Josh Younger on the Soaring Cost of Climate Change and Understanding the SLR
Thu, 25 Mar 2021
What is the connection between the big trend in interest rates over the last several years and the c...
Luke Kawa on the Macro Situation Right Now
Mon, 22 Mar 2021
Over the last several weeks, we've seen major developments in the macro situation. The vaccine rollo...
Stephanie Kelton on How MMT Won the Fiscal Policy Debate
Thu, 18 Mar 2021
In a sense, Modern Monetary Theory has won. This is not because policy measures are necessarily in l...
Did We Just Experience a Break in the Neoliberal Consensus?
Mon, 15 Mar 2021
For decades, the dominant economic philosophy of the United States has been that fiscal policy shoul...
Introducing: Doubt
Fri, 12 Mar 2021
A few decades ago, nobody really questioned vaccines. They were viewed as a standard part of staying...
Michael Pettis on Persistent Imbalances in Post-Pandemic China
Thu, 11 Mar 2021
By some measures, the Chinese economy did better in 2020 than just about anywhere else. For one thin...
Why Music Back Catalogs Have Become a Red-Hot Asset Class
Mon, 08 Mar 2021
Bob Dylan did it last year. Shakira did it in January. More and more famous musicians are selling of...
Coming Soon: The Pay Check Season 3
Fri, 05 Mar 2021
More than 150 years after the end of slavery in the U.S., the net worth of a typical white family is...
Zoltan Pozsar on What Just Happened with the Treasury Market
Thu, 04 Mar 2021
The Treasury market just experienced what some might call a tantrum. Across the yield curve, we saw ...
Howard Lindzon Tells Us Why He Launched His Own SPAC
Mon, 01 Mar 2021
SPACs, sometimes referred to as blank check companies, are incredibly hot. After being a sort of sle...
How Chinese Buying Is Causing a Boom in Agricultural Commodities
Thu, 25 Feb 2021
There are lots of hot areas in the market, which everybody knows. Stocks are obviously hot, as are i...
This Is How the World Ended up with a Shortage of Semiconductors
Mon, 22 Feb 2021
The world is facing a chip shortage. Numerous companies, including the auto sector, are facing an in...
A Value Manager on How Most Value Managers Are Getting It All Wrong
Thu, 18 Feb 2021
As you might have heard, so-called value investing has not had a good run. At least from a quantitat...
How Boring Food and Beverage Companies Turn into Huge Stock Winners Year after Year
Wed, 17 Feb 2021
During the worst of the pandemic, people loaded up on staples from their grocery store. Shelf-stable...
How Monster Beverage Shares Soared a Monster 100,000% in the Last 20 Years
Mon, 15 Feb 2021
When you think about the big winners in the stock market over the past couple of decades, you might ...
ARK's Head of Research on How They Find the Next Huge Winner
Thu, 11 Feb 2021
In a world dominated by passive investing on one end and retail YOLO traders on the other, there are...
Mike Novogratz's Vision for Rebuilding Finance with Crypto
Mon, 08 Feb 2021
Bitcoin, and crypto more broadly, have been on a huge tear lately. Then, with the chaos surrounding ...
Goldman's Jeff Currie on the Silver Squeeze and the Coming Boom in Commodities
Thu, 04 Feb 2021
It's been a weird several days in the market. What started with a short squeeze in GameStop, driven ...
Benn Eifert Explains How Retail Trading Is Rocking Markets like Never Before
Wed, 03 Feb 2021
We know that retail activity, much of it on Robinhood, has been surging since last spring once the l...
Is The GameStop Trade Really A Political Rebellion?
Tue, 02 Feb 2021
The GameStop short squeeze is one of the most extraordinary events to ever happen in markets. But do...
Can Open-Source Semiconductors Upend the Chip Industry?
Mon, 01 Feb 2021
We're seeing historic change happening in real time in the chip industry. The old leaders are going ...
How One Online Investor Made the Score of a Lifetime on GameStop
Fri, 29 Jan 2021
Everyone is talking about GameStop. The physical games retailer that was left for dead has been one ...
Dan Wang on China's Mission to Be a World Leader in Semiconductors
Thu, 28 Jan 2021
We've been talking a lot on the podcast about semiconductors. The stumble of Intel. The general trou...
The Story of How TSMC Came to Dominate the World
Mon, 25 Jan 2021
In every conversation about computer chips, it always comes back to the dominant player: TSMC. Found...
The Important Lesson a Quant Manager Learned in 2020
Thu, 21 Jan 2021
It goes without saying that 2020 was a year like no other when it comes to the markets. A historic c...
Why the Cost of Shipping Goods From China Is Suddenly Soaring
Mon, 18 Jan 2021
The coronavirus crisis snarled global shipping in early 2020 as borders were closed, but lots of peo...
How the U.S. Lost Chip Dominance and How It Can Be Regained
Thu, 14 Jan 2021
The U.S. was once a manufacturing leader in semiconductors. That's no longer the case, given the ris...
Cowen's Co-President on Why SPACs Are Having Such a Moment
Mon, 11 Jan 2021
One of the surprising developments in the last year was the boom in SPACs. The so-called blank check...
Chess Grandmaster Hikaru Nakamura on Twitch Streaming and “The Queen's Gambit”
Thu, 07 Jan 2021
We're in a rare moment where chess is popular in the United States. There are two big factors drivin...
What Happened to Europe's Economy After the Black Death
Mon, 04 Jan 2021
It's been pointed out that, after the Black Death in Europe, real wages surged because there was suc...
This Is How Prejudice Can Hinder the Economy
Thu, 31 Dec 2020
Economics is all about improving living standards, but rarely does the dismal science deal with soci...
Goldman's Jan Hatzius on the Lessons Learned in 2020
Mon, 28 Dec 2020
2020 has been an absolutely extraordinary year for the economy. In March, we saw the fastest economi...
Michael Saylor, the CEO Who Turned a Software Company Into a Bitcoin Company
Thu, 24 Dec 2020
This past summer, the business intelligence software company MicroStrategy made waves when it put so...
Camille Fournier on Building Tech at Two Sigma
Mon, 21 Dec 2020
We talk a lot about quantitative trading on the podcast, but typically from a rather big picture per...
Apple Is at the Cutting Edge of a Revolution in Chips
Thu, 17 Dec 2020
On a recent episode of Odd Lots, we talked about Intel, and how the former dominant American semicon...
This Is the Macro Picture Going Into 2021
Mon, 14 Dec 2020
It's obviously been an extraordinary year for markets and the economy for reasons that don't need st...
Why Africa Borrowed Billions of Dollars From China
Thu, 10 Dec 2020
It's no secret that some African nations went on a borrowing spree in recent years, tapping both int...
Why the IMF Changed Its Views on Capital Controls
Mon, 07 Dec 2020
For years, the IMF was generally of the view that free trade was good, and that open capital flows w...
Former ECB Chief Economist Peter Praet on What's Next For Central Banks
Thu, 03 Dec 2020
With developed economies still operating well below pre-crisis levels, central banks face substantia...
How the Number One U.S. Semiconductor Company Stumbled
Mon, 30 Nov 2020
For years, Intel has been the pre-eminent U.S. semiconductor company. But lately, the company has st...
How Money Became A Form Of Social Media
Thu, 26 Nov 2020
There are many similarities between cryptocurrencies and social networks. And the rise of payment ap...
Inigo Fraser-Jenkins and Aaron Brown Debate The Future Of Quant Investing
Mon, 23 Nov 2020
Traditional quant strategies that try to screen for stocks that are "cheap" have had an extremely ro...
The Episode That Turned Tracy Into A Bitcoin Bull
Thu, 19 Nov 2020
Bitcoin has been on a tear lately, but it's been a bit unclear as to what's driving it. But whatever...
This Is How People Really Feel About Paying Taxes
Mon, 16 Nov 2020
The politics of taxes are always fraught. In theory, everyone wants to pay less of them and bristle ...
A Political Reporter Argues That Wall Street Doesn't Get DC
Thu, 12 Nov 2020
Investors have always had to pay attention to what's going on in Washington DC, but this year it's b...
This Is The NYSE's Plan To Win More Direct Listings
Mon, 09 Nov 2020
This year's stock market boom has coincided with a boom in new listings. There have been plenty of I...
Michael Mauboussin On Valuing Intangible Assets
Thu, 05 Nov 2020
Measuring a company's book value is a classic practice among investors seeking to understand how muc...
A Forensic Accountant On Why Chinese Internet Companies Are So Tough To Analyze
Mon, 02 Nov 2020
The IPO of Ant Financial will go down as one of the most extraordinary deals of all time. And in gen...
Lessons From Ruth Krivoy, the Former Head of Venezuela's Central Bank
Thu, 29 Oct 2020
The COVID-19 crisis has pushed central banks around the world into uncharted territory. Typically wh...
JPMorgan's Josh Younger on Rate Derivatives and Volatility Ahead of the Election
Mon, 26 Oct 2020
For months now, traders have been positioning for a major volatility spike around the November elect...
Benoît Cœuré On Central Bank Digital Currencies And The Future Of Monetary Policy
Thu, 22 Oct 2020
Central banks around the world are increasingly launching pilot projects to explore the possibility ...
Rep. Ro Khanna On Why Democrats Should Cut A Stimulus Deal With The White House
Tue, 20 Oct 2020
With just two weeks until the election, talks over a stimulus deal remain ongoing, with negotiations...
A Volatility Arbitrage Trader On What Markets Are Saying Right Now
Mon, 19 Oct 2020
It's been an extraordinary year for traders of volatility. We had the crisis, we had this incredible...
How Tobacco Became One Of The Greatest Investments In History
Thu, 15 Oct 2020
For over a century, tobacco stocks have been among the greatest investments in history, consistently...
Michael Hudson On Why The US Risks Becoming The Next Greece
Mon, 12 Oct 2020
In the wake of the Great Financial Crisis, you heard a lot of talk about the US becoming like Greece...
What It Takes To Win At Quant Investing
Thu, 08 Oct 2020
Interest in quantitative investing strategies continues to grow; however, as the space gets more com...
An IMF Economist On The Challenge Of Finding The Neutral Rate Of Interest
Mon, 05 Oct 2020
One of the guiding lights of Fed policy over the years has been the so-called Neutral Rate of Intere...
Volatility Suppression Turned The Entire Economy Into One Big Carry Trade
Thu, 01 Oct 2020
In a carry trade, an investor borrows money cheaply to buy an asset that yields more. As long as not...
How All Financial Markets Turned Into The Same Big Trade
Mon, 28 Sep 2020
These days it seems like all financial markets are the same big trade. A gold chart looks like a Tes...
This Is What Happened When They Tried To Fix Journalism Using Blockchain
Thu, 24 Sep 2020
Back in 2017, during the Bitcoin boom, there were a number of different attempts to use blockchain t...
A Top Crypto Exchange CEO Explains Why The 2020 Boom Is Different
Mon, 21 Sep 2020
Crypto is hot this year again. In 2020, we've not only seen a substantial rally across a lot of diff...
How Traders Used Google Searches To See The Economic Recovery In Real Time
Thu, 17 Sep 2020
The use of so-called "alternative data" has been gathering attention for some time. Investors have b...
How SoftBank And Robinhooders Added Fuel To The Stock Market Boom
Mon, 14 Sep 2020
One of the most intriguing subplots to the 2020 stock market boom has been the speculative fervor wi...
Why Blank Check Companies Are The Hottest Thing This Year
Thu, 10 Sep 2020
SPACs have been around a long time. The basic premise is that a group of people raise a bunch of mon...
How A New Type Of Money Helped Cause The Great Financial Crisis
Mon, 07 Sep 2020
It's fun to talk about what money is, but often it's hard to connect the dots and make it actually r...
Paul McCulley: We Are "Unambiguously" On The Verge Of A Profound Change In The Economy
Thu, 03 Sep 2020
Paul McCulley is a former Managing Director at PIMCO and a legend of the industry, having helped coi...
Minneapolis Fed President Neel Kashkari On The Historic Challenges For Monetary Policy
Mon, 31 Aug 2020
The Fed is facing historic challenges for two reasons. The first is the coronavirus and the task of ...
The Father Of CMBS Says We’re In ‘Uncharted Territory’ When It Comes To Valuing Real Estate
Thu, 27 Aug 2020
There are some sectors of the real estate market, such as suburban residential housing, that are doi...
The CEO of a $1.4 Billion REIT Explains The Surprising Year In Housing
Mon, 24 Aug 2020
When COVID hit, people had visions of a plunge in home prices and a massive wave of evictions. So fa...
Rep. Ayanna Pressley On How The Fed Can Fight Racial Inequality
Thu, 20 Aug 2020
In the United States, Black Americans have experienced persistently higher levels of unemployment th...
How To Run A Bowling Alley-Arcade-Restaurant-Bar In The Middle Of A Pandemic
Mon, 17 Aug 2020
The pandemic has been brutal for restaurants and other indoor entertainment venues. So imagine runni...
The ECB’s Former Vice-President Explains The Historic Step That Europe Just Took
Mon, 10 Aug 2020
For years, people have identified the lack of fiscal transfers and fiscal burden sharing as one of t...
Viktor Shvets On Why There’s No Going Back To Pre-COVID Capitalism
Thu, 06 Aug 2020
In light of the massive disruption to the economy, there’s a widespread view that things have been...
Why Investors Keep Losing Money Betting Against The Hong Kong Dollar Peg
Mon, 03 Aug 2020
For years, macro hedge fund managers have been stalking the Hong Kong Dollar. Since 1983, the curren...
How They’re Really Making Money On Your Free Robinhood Trades
Thu, 30 Jul 2020
With so many people working at home, bored, and with no sports to bet on, there’s been an incredib...
Introducing: Blood River
Tue, 28 Jul 2020
The killers of Berta Caceres had every reason to believe they’d get away with murder. More than 10...
How A Professional Writer Turned Herself Into A World Class Poker Player
Mon, 27 Jul 2020
Switching careers is always difficult. But former New Yorker staff writer Maria Konnikova did it in ...
Meet The Mayor Who Printed His Own Currency To Fight The Virus
Mon, 20 Jul 2020
With the virus crushing economic activity, local governments have had to cut spending and rely on Fe...
Why Studying Keynes Is More Important Than Ever
Mon, 13 Jul 2020
In response to the economic crisis, governments around the world have engaged in stimulative policie...
How The Government Can Guarantee Everyone A Job And Fix The Unemployment Crisis Immediately
Thu, 09 Jul 2020
Officially, the US unemployment rate stands at 11%. This is higher than the worst levels of the fina...
Why The World Is Getting Angrier, And What Says About The Economy
Mon, 06 Jul 2020
The world has gotten angrier in recent years, and the coronavirus crisis seems likely to have accele...
Hyun Song Shin On What Central Banks Have Learned From The Crisis
Thu, 02 Jul 2020
Central banks and fiscal authorities around the world have taken extraordinary measures to stem the ...
This Is Why The China Bubble Never Seems To Pop
Mon, 29 Jun 2020
For years and years, the Chinese economy has been characterized as a bubble, with too much debt, and...
Introducing Foundering
Thu, 25 Jun 2020
Adam Neumann had a vision: to make his startup WeWork a wildly successful company that would change ...
What The Black Death And Spanish Flu Can Tell Us About What Comes Next
Mon, 22 Jun 2020
Nobody knows what the post-COVID future looks like. But there are some lessons to be learned from pr...
Chamath Palihapitiya Says A Reckoning Is Coming For Big Tech
Thu, 18 Jun 2020
Chamath Palihapitiya is the CEO of Social Capital, the Chairman of Virgin Galactic and a partial own...
Domino’s: This Is How A Pizza Chain Stock Did Just As Well As Google
Mon, 15 Jun 2020
In the summer of 2004, Google went public and, as everyone knows, it’s done phenomenally well. Wha...
Why You Can’t Blame The Fed For Ultra-Low Interest Rates And Soaring Asset Prices
Thu, 11 Jun 2020
One of the characteristics of the pre-crisis (and perhaps also the post-crisis) economy is the prese...
Two Investors Did A Tour Of The Globe To Find The Best Place To Put Their Money
Mon, 08 Jun 2020
As many active fund managers have discovered in recent years, it’s extremely hard to find a sustai...
This Is What Happened To LIBOR During The COVID Crisis
Fri, 05 Jun 2020
Welcome to Part V of the Odd Lots LIBOR series, in which Tracy Alloway and Joe Weisenthal take a loo...
How The Transition Away From LIBOR Is Actually Going
Thu, 04 Jun 2020
Welcome to Part IV of the Odd Lots LIBOR series, in which Tracy Alloway and Joe Weisenthal take a lo...
The Case for AMERIBOR As The Replacement for LIBOR
Wed, 03 Jun 2020
Welcome to Part III of the Odd Lots LIBOR series, in which Tracy Alloway and Joe Weisenthal take a l...
This Is The Index That's Supposed To Replace LIBOR
Tue, 02 Jun 2020
Welcome to Part II of the Odd Lots LIBOR series, in which Tracy Alloway and Joe Weisenthal take a lo...
Meet the Man Who Blew the Whistle on LIBOR
Mon, 01 Jun 2020
Welcome to the Odd Lots LIBOR series, in which Tracy Alloway and Joe Weisenthal take a look at life ...
Here’s Who Really Benefits From The Dominance Of The U.S. Dollar
Thu, 28 May 2020
When people talk about the dominance of the U.S. dollar in global commerce, they often refer to it a...
Three Sovereign Debt Experts Explain How The World Can Instantly Bring Aid To Emerging Markets
Mon, 25 May 2020
The economic crisis will result in an extraordinary amount of pain for emerging markets. In addition...
What The Weak Recovery In Japan Can Teach Us About Re-Igniting The U.S. Economy
Thu, 21 May 2020
Even with the recent stock market rally, expectations are poor for a robust recovery in the U.S. So ...
Mark Cuban On Why The Government Should Directly Hire Millions Of People
Mon, 18 May 2020
How should the government address the economic crisis? On this episode, we talk with Mark Cuban, the...
The Coronavirus Crisis Could Lead To The Mother Of All Trade Imbalances
Thu, 14 May 2020
With the acute phase of the health crisis having faded in China, factory activity has ramped up agai...
Richard Koo Explains Why The Recovery Will Be So Difficult
Mon, 11 May 2020
Countries around the world are undergoing an unprecedented, simultaneous real economic shock. So how...
What the Market Crash Says About How Investing Works
Thu, 07 May 2020
We’ve seen a huge market crash this year and a number of firms reporting portfolio losses. So why ...
Nouriel Roubini Sees A Bad Recovery, Then Inflation, Then A Depression
Mon, 04 May 2020
During the last crisis, the economist Nouriel Roubini earned the nickname “Dr. Doom” for his omi...
How To Fund The Search For A COVID-19 Vaccine And Boost The Recovery
Thu, 30 Apr 2020
The hunt is on for a clinical therapy to prevent or treat COVID-19. But what’s the best way to go ...
Adam Tooze On How This Crisis Is Different Than The Last
Mon, 27 Apr 2020
In 2018, Columbia history professor Adam Tooze published his magisterial work “Crashed”, which f...
How The Coronavirus Crisis Pushed The Fed Into Truly Uncharted Territory
Thu, 23 Apr 2020
The fate of the economy remains extremely unclear. However there is little doubt that the Fed has ta...
Emerging Markets Have Never Experienced A Crisis Like This Before
Mon, 20 Apr 2020
With major economies around the world coming to a screeching halt, emerging markets are in a squeeze...
Why The War On Physical Cash Is A War On Freedom
Fri, 17 Apr 2020
Commerce and payments are increasingly digital. This shift from physical to electronic is one that g...
Marco Rubio On The Effort To Save Jobs And Get People Working Again
Wed, 15 Apr 2020
At the end of March, Congress passed the CARES Act in an attempt to mitigate some of the massive eco...
How To Stop The Fiscal Emergency Facing U.S. Cities And States
Mon, 13 Apr 2020
With the U.S. economy going into a deep slump, the Federal government has attempted to counteract th...
Here’s What’s Happening With Those Korean Structured Notes That Bet Against Market Volatility
Thu, 09 Apr 2020
Earlier this year on Odd Lots, we did an episode about Korean structured investment products that we...
Tom Barrack On The Crisis In The Commercial Real Estate Market
Mon, 06 Apr 2020
The commercial real estate market has been clobbered in this crisis, as restaurants and stores virtu...
Zoltan Pozsar and Perry Mehrling On The Historic Crisis Of Financial Market Plumbing
Mon, 30 Mar 2020
The plumbing of the financial system is coming under strain like never before. On this week’s podc...
How The Crisis Nearly Blew Up One Of The World’s Safest Trades
Thu, 26 Mar 2020
In normal times, U.S. Treasuries are the ultimate safe haven. They are highly liquid and guaranteed ...
A Longstanding Fear About The Corporate Debt Market May Finally Be Coming True
Mon, 23 Mar 2020
For a long time, people have been warning that corporate debt could be the major source of vulnerabi...
How A Macro Manager Is Trading On One Of The Wildest Markets In History
Thu, 19 Mar 2020
Markets around the world are so extremely volatile that nobody can think of any perfect precedent. T...
How Saudi Arabia Delivered A Blow To U.S. Shale Companies At The Worst Possible Moment
Mon, 16 Mar 2020
Saudi Arabia recently announced that it was engaging in a full-on price war by pumping oil like craz...
How To Stop The Recession From Happening Right Now
Thu, 12 Mar 2020
The U.S. is on the verge of an economic crisis due to the coronavirus, as people and businesses aggr...
Did Passive Investing Fuel A Bubble In Ultra-Large Tech Stocks?
Mon, 09 Mar 2020
Questions continue to arise over the effect of passive investing, and whether or not it's somehow di...
How A Profane Subreddit Moved The Market
Thu, 05 Mar 2020
In recent weeks, before the stock market plunged, a page on reddit called r/WallStreetBets suddenly ...
How Iraq Pulled Off One Of The Biggest Sovereign Debt Restructurings Of All Time
Mon, 02 Mar 2020
There are lots of famous debt crises in history, but the story of Iraq's government debt build-up in...
This Is What The Coronavirus Means For The Chinese Supply Chain
Wed, 26 Feb 2020
Apple's recent revenue warning reminded the world of how exposed the company is to China, and in par...
The Jeweler From Uncut Gems Explains Why People Go Crazy For Gold And Diamonds
Mon, 24 Feb 2020
One of the best recent movies was Uncut Gems, in which Adam Sandler plays a Diamond District jeweler...
What the Coronavirus Means for Pandemic Bonds
Mon, 17 Feb 2020
Back in 2017, the World Bank issued the world's first pandemic bonds. The bonds are meant to shift s...
Why The Rise of Passive Investing Might Be Distorting The Market
Mon, 10 Feb 2020
Over the last decade or so, we've seen an incredible rise in so-called passive investing. While defi...
How To Use Fiscal Stimulus To Stave Off The Next Recession
Mon, 03 Feb 2020
There's a growing consensus that governments need to act more aggressively in using fiscal policy to...
Perry Mehrling Explains Why "The Money View" Is Key To Understanding Financial Markets
Mon, 27 Jan 2020
Even to this day, there are economists who don't understand money or don't think that money is an im...
Why The Transition To Clean Energy Is Happening A Lot Faster Than People Realize
Fri, 24 Jan 2020
At the recent World Economic Forum in Davos, there was a lot of talk about the need to change the wo...
How An Exotic Investment Product Sold In Korea Could Create Havoc In The U.S. Options Market
Mon, 20 Jan 2020
What's the connection between low global interest rates, Korean retail investors, and the U.S. optio...
What It's Like To Be An Investor In Iran's Market Right Now
Mon, 13 Jan 2020
Iran's stock market is one of the most unfamiliar equity markets in the world. With Iran under strin...
Introducing Prognosis Season 4: America's Broken Health-Care Costs
Thu, 09 Jan 2020
Americans are paying more and getting less for their health care than ever before. On the new season...
Why So Many Emerging Markets Are Blowing Up Right Now
Mon, 06 Jan 2020
From Argentina to Chile to Lebanon, we're seeing a high degree of political and economic uncertainty...
Why It's A Big Problem That Economists Still Don't Understand Money
Mon, 30 Dec 2019
The severity of the Great Financial Crisis took economists by surprise, particularly the ones who be...
A Human Rights Activist Explains Why Bitcoin Is So Important to His Work
Mon, 23 Dec 2019
When people think about Bitcoin, they often think about neo-goldbugs who hate inflation and the Fede...
How Online Dating Is Reshaping the Entire Economy
Mon, 16 Dec 2019
By this point, everybody knows that online dating is a massive phenomenon, reshaping the social habi...
How Nearly Two Decades Of Fed Policy Contributed To Bubbles, Busts, And A Boom In Debt
Mon, 09 Dec 2019
Many people like to claim that the Federal Reserve is responsible for the high degree of leverage an...
How Bond Defaults Are Changing China's Markets
Mon, 02 Dec 2019
For years, defaults were few and far between in China's corporate bond market. Most investors though...
This is How Economic Crisis and Precarity Shaped the Millennial Generation
Mon, 25 Nov 2019
How do Millennials view investing and spending? How do the rising costs of healthcare, education, an...
How A Former 'Magic: The Gathering' Player Became the Top Tournament Poker Player Of All Time
Mon, 18 Nov 2019
According to the website The Hendon Mob, the top tournament poker player of all time is the American...
Why The Repo Markets Went Crazy, And Why December Could Be Even Worse
Mon, 11 Nov 2019
Back in September, chaos erupted in short-term funding markets, as the cost for financial institutio...
An Anthropologist Explains How Wall Street Culture Reshaped The Entire Economy
Mon, 04 Nov 2019
Where did the notion come from that the obligation of a company's management is to maximize sharehol...
Why Taiwanese Life Insurers Are The Great 'Whodunit' Of The Financial World
Mon, 28 Oct 2019
You probably haven't thought much about the Taiwanese life insurance industry. Why would you have? B...
Coming Soon: Travel Genius Season 2
Fri, 25 Oct 2019
Bloomberg's Travel Genius podcast is back! After clocking another hundred-thousand miles in the sky,...
How Private Sector Balance Sheets Changed Recessions
Mon, 21 Oct 2019
Can the U.S. economy have a recession without it turning into a crisis? In the old days, such garden...
Why Governments Haven't Learned The Lessons Of Japan
Mon, 14 Oct 2019
It's well known that Japan has (until recently) been mired in years of mediocre economic growth. And...
The Odd Lots Variety Show
Mon, 07 Oct 2019
On September 19, 2019, Odd Lots hosted its first-ever live event at the WNYC Greene Space in downtow...
Introducing Stephanomics Season 2
Tue, 01 Oct 2019
Stephanie Flanders, head of Bloomberg Economics, returns to bring you another season of on-the-groun...
How Financial Repression in China Helped Cause the Trade War
Mon, 30 Sep 2019
For years, China has experienced blistering growth. Driven by an investment-heavy economic model, th...
What Businesses Can Learn From the Collapse of Civilizations
Mon, 23 Sep 2019
History is littered with collapsed civilizations ranging from the Maya to Angkor Wat. But what can...
Why The Dominant U.S. Dollar Refuses To Go Away
Mon, 16 Sep 2019
For years, people have been predicting the demise of the U.S. dollar as the global reserve currency....
Huw van Steenis On What Central Banks Will Do Next
Mon, 09 Sep 2019
Last month, central bankers gathered at the annual Economic Symposium in Jackson Hole, Wyoming. A lo...
Why Value Investing Has Been Doing Terribly
Mon, 02 Sep 2019
One of the oldest, most basic strategies in investing is value investing, which, for lack of a bette...
Introducing Prognosis Season 3: Superbugs
Tue, 27 Aug 2019
On this new season of Prognosis, we look at the spread of infections that are resistant to antimicro...
How to Forecast the Future
Mon, 26 Aug 2019
Every day, people are bombarded with predictions of what will happen in the future. In recent months...
John Hempton on What's Ailing Bank Stocks
Mon, 19 Aug 2019
We live in a world of generally expensive stock markets and bank equities trading at 30-year lows. S...
What Negative Interest Rates Mean for the World
Mon, 12 Aug 2019
The amount of negative-yielding debt keeps climbing and now includes bonds issued by emerging market...
How Science Fiction Explains the U.S.-China Trade War
Mon, 05 Aug 2019
It's no secret that a lot of the trade tensions between the U.S. and China have centered on technolo...
Here's How People Are Using Cryptocurrency in Venezuela
Mon, 29 Jul 2019
Last month, Facebook announced it was launching its own cryptocurrency called Libra. Facebook says L...
The Bullish Case for WeWork
Mon, 22 Jul 2019
Of all the “unicorn” startups in recent years, perhaps none induces more skepticism than WeWork....
Why A Longtime Bull Just Flipped Very Bearish On The Stock Market
Mon, 15 Jul 2019
There's always bears out there predicting that the stock market will tank. But many of them aren't w...
What Bitcoin Has To Do With The Dream Of Cryonics
Mon, 08 Jul 2019
Bitcoin has been around for roughly a decade now, but people have been working on the dream of an an...
Why a Strong Dollar Causes Most of the World Major Pain
Mon, 01 Jul 2019
The vast majority of global trade is still denominated in U.S. dollars, making cross-border flows ab...
One of Hong Kong's Most Famous Investors Gives His Vision of the City's Future
Mon, 24 Jun 2019
There's been a series of historic marches in Hong Kong, with millions of people taking to the street...
How Auction Guarantees Are Changing The World Of Art
Mon, 17 Jun 2019
Famous, unique pieces of art are inherently illiquid. They don't sell very often, and pricing is inh...
What Boy Band Sensation BTS Can Teach Us About Economics
Mon, 10 Jun 2019
South Korean boy band BTS is rarely connected to economics, but as the biggest success to come out o...
Why President Trump's Move Against Huawei Is Such A Big Deal
Mon, 03 Jun 2019
Earlier this month, President Trump escalated the trade tensions against China by limiting exports o...
Bloomberg Presents "What Goes Up"
Wed, 29 May 2019
“What Goes Up” is a new show from Bloomberg that tracks the main themes influencing global marke...
Meet The Godfather Of Cryptocurrency
Mon, 27 May 2019
Bitcoin has been around for about ten years. But the dream of a decentralized, anonymous digital cur...
Bloomberg and Wondery Present: The Shrink Next Door
Thu, 23 May 2019
Marty Markowitz had his share of problems. His parents had recently died. He had troubles at work. A...
Behind the Scenes of Financial Fraud
Mon, 20 May 2019
If you lived in NYC a few decades ago, you probably have heard of Crazy Eddie, an electronics retail...
What the Russian Revolution Can Teach Us About Bond Bubbles
Mon, 13 May 2019
When talking government bond defaults, plenty of people think of Argentina and Greece. But the bigge...
Introducing: Business of Bees
Thu, 09 May 2019
These days about one in three bites of food you eat wouldn’t be possible without commercial bee po...
How A Poker Pro 'Reads' His Opponents
Mon, 06 May 2019
Whenever poker is depicted on a TV show or in a movie there's a lot of emphasis placed on the art an...
What Will Crypto’s Market Structure Look Like?
Mon, 29 Apr 2019
Recently, the cryptocurrency exchange Binance delisted a Bitcoin offshoot, causing its price to fall...
The End of An Era for Odd Lots
Mon, 22 Apr 2019
No, no, don't worry, the Odd Lots podcast isn't coming to an end. But for actual odd lots -- trades ...
Introducing "What Goes Up," A New Show From Bloomberg
Wed, 17 Apr 2019
On this new show from Bloomberg, hosts Mike Regan and Sarah Ponczek speak with expert guests each we...
Why Foreign Investors Cooled On U.S. Debt
Mon, 15 Apr 2019
There's something wrong with prices in funding and bond markets, according to this week's Odd Lots g...
MMT And Emerging Markets
Mon, 08 Apr 2019
In discussions about Modern Monetary Theory (MMT) you often hear that while it may be true that the ...
From MMT Advocate To Outspoken Critic
Mon, 01 Apr 2019
Cullen Roche, the author of the financial blog Pragmatic Capitalism, explains why he went from an ad...
A Critic of Cryptocurrencies Says Bitcoin Needs To Be Burnt With Fire
Mon, 25 Mar 2019
There's a problem in many debates about cryptocurrencies and blockchain technology. While many peopl...
The Evolution Of The Online Brokerage Business
Mon, 18 Mar 2019
The online brokerage business burst on the scene in the late 90s, as at-home traders were lured to t...
What's Next For Chinese Trade Talks
Mon, 11 Mar 2019
China is front and center in the news again, thanks to the trade negotiations, as well as the Nation...
Canada's Cannabis Market So Far
Mon, 04 Mar 2019
In mid-October last year, recreational cannabis became legal in Canada. Of course, there are all kin...
How To Analyze An IPO
Mon, 25 Feb 2019
Some of Silicon Valley's biggest unicorns like Uber and Slack are expected to go public this year. B...
Tech Stock Bubbles In the 17th Century
Mon, 18 Feb 2019
Jamie Catherwood is an investment analyst at Arthur J. Gallagher & Co. He's also a major financi...
A Message from The Pay Check
Wed, 13 Feb 2019
The Pay Check is collecting stories for our upcoming season, and we want to hear from you! Did havin...
Understanding The Big Tech Stocks
Mon, 11 Feb 2019
For years, the key to beating the stock market was to invest a lot in the big tech stocks like Faceb...
What To Know Ahead Of India's Election
Mon, 04 Feb 2019
India is going to have a general election in the months ahead, and so it's important to understand t...
How Does The Chinese Economy Work?
Mon, 28 Jan 2019
Matt Boesler, an economics reporter for Bloomberg, had the opportunity to report from Beijing for a ...
The 1MDB Scandal And The Nature of Debt
Mon, 21 Jan 2019
At the heart of government debt is a promise to pay back creditors. But governments sometimes don't ...
Making Bitcoin A Currency People Use
Mon, 14 Jan 2019
Even at Bitcoin’s recent peak, there was very little active use of the cryptocurrency in normal co...
Introducing "Works For Me," A New Podcast From Bloomberg
Wed, 09 Jan 2019
On this new show from Bloomberg, hosts Francesca Levy and Rebecca Greenfield navigate the productivi...
He Rode The Bitcoin Boom All The Way Up, And Down
Mon, 07 Jan 2019
The last two years have been an extraordinary ride for Bitcoin. It exploded in 2017, with the price ...
This is What Traders Will Be Watching In 2019
Mon, 31 Dec 2018
After a volatile 2018, few people in the market expect calm to return anytime soon. Politics, the Fe...
These Were The Most Important Stories for Traders In 2018
Mon, 24 Dec 2018
2018 will go down as one of the most pivotal for financial markets since the financial crisis. We sa...
How Passive Investing Could Change Capitalism
Mon, 17 Dec 2018
The biggest macro trend in investing is the rise of so-called "passive investing." But while this ma...
The Market's Big Bet on Low Volatility
Mon, 10 Dec 2018
The past couple months have seen the return of volatility in markets. On this edition of Odd Lots, w...
How To Analyze The Currency Markets
Mon, 03 Dec 2018
With assets like stocks and bonds, there are clear techniques you can use to value them. But what ab...
How Paul Volcker Views His Life
Mon, 26 Nov 2018
Paul Volcker is widely-regarded as single-handedly halting a period of severe inflation in the U.S. ...
Why Blockchain May Never Benefit Corporations
Mon, 19 Nov 2018
For years, a common mantra among corporate executives has been that "the blockchain," the technology...
This Is How The Unicorn Bubble Will Burst
Mon, 12 Nov 2018
So-called "unicorns" have become household names in recent years. Multi-billion dollar companies lik...
Travel Genius, a New Show From Bloomberg
Tue, 06 Nov 2018
What’s the most sure-fire way to get a flight upgrade? How can you find the best, secret local res...
How The Original Rogue Trader Rebuilt His Life
Mon, 05 Nov 2018
If there's one person associated with the term "Rogue Trader" it's Nick Leeson, who singlehandedly b...
Prognosis, a New Show From Bloomberg
Fri, 02 Nov 2018
Where does a medical cure come from? 100 years ago, it wasn't uncommon for scientists to test medici...
Why Eurodollars Might Be Ground Zero for De-Globalization
Mon, 29 Oct 2018
Eurodollars have nothing to do with the euro-dollar exchange rate. Instead, they're effectively a so...
Coming Soon: The New Economy
Wed, 24 Oct 2018
Bloomberg’s head of economics Stephanie Flanders calls on Bloomberg's worldwide network of reporte...
What Will China’s Economy Look Like In 10 Years?
Mon, 22 Oct 2018
China has a plan for how it wants to transform into a modern economy. But the future of China’s ec...
Coming Soon: The ETF Story
Fri, 19 Oct 2018
The creation story of the first exchange-traded fund is actually the best way to understand how they...
How To Analyze A Marijuana Stock
Mon, 15 Oct 2018
Marijuana stocks have been on a tear recently, as investors bet on the explosion of a brand new, leg...
Saudi Arabia's IPO Drama
Mon, 08 Oct 2018
A little over two years ago, Saudi Arabia revealed plans to IPO part of its huge state-owned nationa...
What David Barse Learned From Watching A Credit Fund Blow Up
Mon, 01 Oct 2018
David Barse was the CEO of Third Avenue Management when one of its credit funds melted down in late ...
How To Create The Safest Bank In America
Mon, 24 Sep 2018
What if there were a bank that could never experience a run? And furthermore, what if it paid higher...
What Investors Should Know About The Correlation Between Bonds And Stocks
Mon, 17 Sep 2018
Sixty percent in equities/40 percent in bonds is a popular, general approach to structuring a divers...
A Forensic Accounting Expert Explains How Companies Trick Investors
Mon, 10 Sep 2018
Companies have all kinds of discretion in how they recognize revenue and costs. Some of this is legi...
Matt Levine Dissects Elon Musk's Controversial Tweet
Tue, 04 Sep 2018
There's been an intense debate about what Tesla CEO Elon Musk meant when he tweeted in early August ...
The Time One Of Our Co-Hosts Launched His Own Cryptocurrency
Mon, 27 Aug 2018
Joe Weisenthal is a co-host of the Odd Lots podcast. He also once launched his own cryptocurrency ca...
An Emerging Markets Fund Manager Describes What's Happening In Turkey Right Now
Mon, 20 Aug 2018
Are you confused about the crisis in Turkey? Today's episode will get you cleared up. This week on O...
How Wall Street Started Selling You Financial Products
Mon, 13 Aug 2018
Open any financial publication and you'll see ads for investment products: exchange-traded funds, mu...
How A Post-Keynesian Economist Sees The Markets Right Now
Mon, 06 Aug 2018
Srinivas Thiruvadanthai is the Director of Research at the Jerome Levy Forecasting Center, and one o...
Even The World's Greatest Investors Have Made Horrible Mistakes
Mon, 30 Jul 2018
Here's some good news for investors: If you've ever made a disastrous trade, you're not alone. All o...
Why Understanding Financial Fraud Is The Secret To Understanding Business
Mon, 23 Jul 2018
If you want to understand how the human body works, you can't just look at healthy humans. You need ...
How to Listen to What the Market Is Trying to Tell You
Mon, 16 Jul 2018
For years, it was pretty quiet in markets. Stocks kept making new highs and volatility drifted to fr...
This Is What's Actually Happening When The Government Auctions Bonds
Mon, 09 Jul 2018
Thanks to the tax cuts, the U.S. deficit is expected to surge again. And of course that's brought gr...
The Internet Is Secretly Powered By Billions Of Tiny Auctions
Mon, 02 Jul 2018
Everyone knows that online advertising pays for a massive chunk of the internet that people know and...
The Creator of VaR Explains How Large Banks Measure The Risk Of Their Own Portfolios
Mon, 25 Jun 2018
Earlier this year, markets were spooked by blow-ups in a number of volatility-linked products. But d...
Meet The Chicago Floor Trader Who Helped Inspire The Tea Party Movement
Mon, 18 Jun 2018
A pivotal moment in U.S. political history is when CNBC's Rick Santelli went on a gigantic rant agai...
The Inventor Of 'Bond Vigilantes' Explains Why They Just Showed Up In Italy
Mon, 11 Jun 2018
Longtime market analyst Ed Yardeni came up with the term "Bond Vigilantes" to describe the way bond ...
This Is How The Chocolate Market Actually Works
Mon, 04 Jun 2018
When you're eating a chocolate bar, there's a good chance you're not thinking about the complex comm...
What the Finance Industry's All-Night Scavenger Hunt Is Actually Like
Mon, 28 May 2018
For years, big banks, hedge funds and other investment firms took part in an epic scavenger hunt in ...
This Is China's Plan To Be A Technology Powerhouse By The Year 2025
Mon, 21 May 2018
The recent trade tensions between the Trump administration and China has shone a light on the countr...
Inside the Multi-Year Quest to Create a Bitcoin ETF
Mon, 14 May 2018
When Bitcoin first began generating headlines, there were some who thought the cryptocurrency was a ...
Bonus: The Pay Check, a New Podcast
Wed, 09 May 2018
It’s a big, expensive, global mystery. Why do women still make less money—a lot less—than men?...
This Is How The Paparazzi Business Really Works
Mon, 07 May 2018
Everybody probably has some vague idea of what the paparazzi do. They ride around on motorcycles, ho...
These Stories Of Horse Racing Gamblers Will Get You Psyched For The Kentucky Derby
Mon, 30 Apr 2018
The Kentucky Derby is coming up in early May, and it's time to get excited. On this week's Odd Lots ...
Why The Entire Way We Talk About Millennials Is Wrong
Mon, 23 Apr 2018
When it comes to millennials, the media has certain tropes that it likes to go back to. Millennials ...
We're Nominated For A Webby Award, And We Need Your Help!
Mon, 16 Apr 2018
We've been nominated for a Webby Award in the business podcast category, and we need the support of ...
Why A Florida Orange Grove In 1946 Is The Key To Understanding Regulation Of ICOs
Mon, 16 Apr 2018
By now, everyone's heard of ICOs (Initial Coin Offerings) where companies issue their own currency-l...
This Is What A Trade War With China Would Actually Look Like
Mon, 09 Apr 2018
Recent threats to impose tariffs on Chinese goods, coupled with China's own retaliatory announcement...
An Economist Explains Why Losing Weight Is Kind Of Like Defeating Inflation
Mon, 02 Apr 2018
A lot of people would probably agree that there's something wrong with much of the traditional advic...
The World's Most Controversial Interest Rate Is Haunting Us Again
Mon, 26 Mar 2018
Remember LIBOR? The London Interbank Offered Rate measures the cost of money when banks borrow from ...
What It Was Like In The Glory Days Of Trading Currencies In The Pits
Mon, 19 Mar 2018
These days, when you think of trading, you think of people sitting at a desk with a bunch of monitor...
For The First Time In Years, Why People Are Suddenly Talking About Inflation Again
Mon, 12 Mar 2018
For years, nobody seemed particularly concerned about inflation. Outside of a few blips, in the wake...
Why The Human Brain Loves To Be Lied To
Mon, 05 Mar 2018
In theory, people should want to know accurate facts about the state of the world. In practice, it's...
Coming Soon: Decrypted Season 2
Tue, 27 Feb 2018
Decrypted returns on March 6th with a brand new season. Here's a sneak peek of what's in store. We'l...
The NYC Fiscal Crisis Of The 1970s Has Some Important Lessons For Today
Mon, 26 Feb 2018
In the 1970s, NYC teetered on the verge of bankruptcy. This crisis lead to the dismantling of the ci...
How One Of The Most Profitable Trades Of The Last Few Years Blew Up In A Single Day
Mon, 19 Feb 2018
In recent years, one of the easiest ways to make money in this market has been to bet on low volatil...
Coming Soon: What'd You Miss This Week
Mon, 12 Feb 2018
This month, Bloomberg is excited to bring you a brand new show. Every Friday on What'd You Miss This...
Annie Duke Explains How To Apply Poker Skills To Markets And Other Business Decisions
Mon, 12 Feb 2018
Anyone who watched poker on TV during the golden age of coverage a few years ago is familiar with An...
Why One Of The Most Successful Quant Funds Decided To Create Its Own Video Game
Tue, 06 Feb 2018
Quantitative finance is red hot. These days, basically everyone (banks, hedge funds etc.) is hiring ...
How The Opioid Crisis And The Trump Administration Are Changing Middle America's Economy
Mon, 29 Jan 2018
If you cover the economy from New York City or Abu Dhabi, it's easy to get caught up in a media bubb...
How Radical Demographic Shifts Around The World Are Changing How Assets Are Valued
Mon, 22 Jan 2018
When we think about financial assets, we usually think of their price as being derived from some set...
This Explains Why Modern Markets Developed Where They Did
Mon, 15 Jan 2018
For centuries, markets were highly-personalized things, often controlled by select groups of people ...
This Is What It Was Actually Like To Live Through The Tech Bubble
Mon, 08 Jan 2018
We talk a lot about bubbles on this podcast. Often we talk about them from the perspective of a trad...
These Will Be The Big Markets And Economics Stories In 2018
Tue, 02 Jan 2018
On last week's episode of Odd Lots, Bloomberg's Chris Nagi and Matt Boesler gave us their takes for ...
These Were The Biggest Markets And Economics Stories of 2017
Tue, 26 Dec 2017
The year is over, and now's the time to look back at the big stories of the past year. On this week'...
This Is How Algorithms Impact Every Aspect Of Our Lives, from News to Credit Scores to Stocks
Mon, 18 Dec 2017
Algorithms. People talk about them all the time, particularly in relation to markets. But who actual...
Two Researchers Explain How Quants Are Going To Revolutionize Long-Term Investing
Mon, 11 Dec 2017
When we think of computer-driven or "quant" investing, we often think fast moves, algorithms making ...
An MIT Professor Explains His Original Theory For How Markets Really Work
Mon, 04 Dec 2017
There are two popular schools of thought with regards to how markets work. There's the efficient mar...
Coming Soon: Trillions, a New Podcast
Tue, 28 Nov 2017
Money goes where it's treated best. That simple truth is a big reason why more and more money—tril...
Why Historic Relationships in Markets Have Been Totally Upended
Mon, 27 Nov 2017
This month we saw a small sell-off in markets that got big attention. How did we get to the point wh...
The World's Foremost Expert Explains How To Value Stock
Mon, 20 Nov 2017
In this age of algorithms and quants, you hear less and less about good old stock picking. You know,...
This Is How a Currency Trader Actually Picks What to Buy and Sell
Mon, 13 Nov 2017
Most asset classes move in a fairly straightforward manner. They're either going up or down at any g...
History Has Some Ominous Warnings for Investors in Initial Coin Offerings
Mon, 06 Nov 2017
You can't go a day without hearing about ICOs or Initial Coin Offerings. By taking advantage of a re...
Everything You've Been Taught About How to Value a Stock Might Be Wrong
Mon, 30 Oct 2017
Investors are constantly poring over income statements from big companies to figure out whether they...
ETFs Are Eating the Financial World and They're Not Done Yet
Mon, 23 Oct 2017
By now, almost everyone in financial markets is familiar with ETFs (exchange-traded funds), and how ...
How One Trader Won Big While Everyone Else Panicked on Black Monday
Mon, 16 Oct 2017
On Monday October 19th, 1987, the Dow Jones fell 508 points in a one day crash that will forever be ...
What We Can Learn About Market Liquidity By Looking At Everyday Life
Mon, 09 Oct 2017
"Liquidity" is one of the most widely-talked about yet least understood concepts in markets. Roughly...
Inside the Changing World of the Sell-Side Analyst
Mon, 02 Oct 2017
The world of sell-side analysts has been upended in recent years with intense competition, new techn...
Revisiting The Strange Story Behind the Beanie Babies Bubble
Mon, 25 Sep 2017
To wrap up our series on financial bubbles, the Odd Lots podcast looks back at an early episode, foc...
The Baseball Card Bubble Can Tell You A Surprising Amount About How Markets Work
Mon, 18 Sep 2017
There's a good chance that if you were a boy in the early 90s that you were a collector of baseball ...
How an Austrian Economist Explains The Tulip Bubble
Mon, 11 Sep 2017
The tulip bubble is the quintessential bubble. If you want to call something a bubble, just mutter s...
This Is What Happened During The Great Florida Real Estate Bubble
Mon, 04 Sep 2017
During the 2008 financial crisis, Florida was an epicenter of the real estate meltdown. But for deca...
This Is What All Great Stock Market Bubbles And Crashes Have in Common
Mon, 28 Aug 2017
Markets are at their most exciting when they're in a bubble. Spectacular fortunes can be made and lo...
What Looking Inside a Bank Archive Can Tell Us About Modern Finance
Mon, 21 Aug 2017
Royal Bank of Scotland has been around, in one form or another, for hundreds of years. The company k...
The Biggest Lesson Investors Should Have Learned From the Crisis
Mon, 14 Aug 2017
It's been 10 years since the start of the credit crunch that eventually led to the global financial ...
What Diner's Club Card Reveals About the Nature Of Money
Mon, 07 Aug 2017
We use money everyday, but it's rare to actually think about what money is or what it represents. An...
How The Bond Market Changed During A Veteran Trader's Decades On Wall Street
Mon, 31 Jul 2017
Most people have some kind of hazy conception of how the stock market works. Stocks are simple to un...
What It's Like to Suddenly Become a Bond Manager in the Credit Crisis
Mon, 24 Jul 2017
We talk a lot on Odd Lots about the idea of investing. But what's it like to actually have to put mo...
Why Wheat is the World's Most Exciting Market Right Now
Mon, 17 Jul 2017
Financial markets around the world are stuck in a long period of low volatility and boredom. But one...
How A Former Wall Street Trader Cracked The World Of Betting On Baseball
Mon, 10 Jul 2017
It's no secret that a lot of people in finance like to bet on things. But how many of them take the ...
Why a Natural Gas Company Is Shaking the World of Islamic Finance
Mon, 03 Jul 2017
Earlier this month, Dana Gas, a UAE-based company, rocked the world of Islamic finance by announcing...
This Is What a Real-Life Wendy Rhoades Actually Does
Fri, 23 Jun 2017
On the TV show "Billions," one of the most important characters is Wendy Rhoades, the psychologist a...
Inside The Booming World of Initial Coin Offerings
Fri, 16 Jun 2017
By now everyone's heard of Bitcoin, and probably has an opinion on it. But the world of cryptocurren...
The True Story Of America's Catfish Gold Rush
Fri, 09 Jun 2017
America has had many well-known booms and busts in its history: Real estate, internet stocks, Beanie...
Why Everyone's Talking About the VIX and 50 Cent
Fri, 02 Jun 2017
For the past few years, everyone in markets has been talking about nothing. Market moves have been s...
Poker Legend Phil Hellmuth Has Advice That Traders Should Hear
Fri, 26 May 2017
Phil Hellmuth is one of poker's biggest stars. His success is undeniable, as he's won 14 bracelets a...
What a 150-Year Old Indian Railway System Tells Us About Trade
Fri, 19 May 2017
It's no secret that international trade has been criticized lately. But why exactly are countries ge...
How Instagram Turned Into a Giant Market for Food
Fri, 12 May 2017
Avocado toast, unicorn frappuccinos, and kale salads. Taking photos of your food and putting them on...
How a Fund Manager's Trying to Fix Some of the Mideast's Issues
Fri, 05 May 2017
When you think about the Middle East what springs to mind? Perhaps oil, maybe political instability,...
One Of The Top Chess Players Talks Computers & Options Trading
Fri, 28 Apr 2017
On this week's episode of the Odd Lots podcast, we talk to Hikaru Nakamura, one of the best chess pl...
How to Use Pop Music to Forecast the Stock Market
Fri, 21 Apr 2017
When most people analyze the stock market, they look at stuff like revenues, earnings, valuations, a...
What Happens When Markets As We Know Them Cease to Exist
Thu, 13 Apr 2017
What if you woke up tomorrow and found the U.S. stock market was closed for good? That happened to i...
Inside the Hidden Cycles That Rule Markets and Life
Fri, 07 Apr 2017
History, as you may have heard, has a tendency to repeat. But does it repeat in ways that are measur...
This Is How You Know When the Stock Market Is in a Bubble
Fri, 31 Mar 2017
One of the most fascinating market phenomenons is the bubble. When they occur, fortunes are made and...
How a Fund Manager Teaches His Kids About Money and Banking
Mon, 27 Mar 2017
Plenty of people pay their kids an allowance to teach them the value of hard work and earning money....
What the Berkshires Learned by Launching its Own Currency
Fri, 24 Mar 2017
"Buy local" is a mantra that has appeal across the political spectrum. Small communities have preach...
How the Biggest Bull Market Could Go on for a Whole Lot Longer
Fri, 10 Mar 2017
A few weeks ago on the Odd Lots podcast, we talked to Paul Schmelzing, a Ph.D candidate at Harvard, ...
The Incredible True Story of the Real Life 'Trading Places'
Fri, 03 Mar 2017
If you have any interest at all in finance, then it's mandatory to have seen the 1983 movie "Trading...
Could Buddhism Save The Global Economy?
Fri, 24 Feb 2017
There's a widespread sense that something remains broken in the global economy. Despite a comeback i...
How Poker Explains the Battle of Passive and Active Investing
Fri, 17 Feb 2017
Among the biggest trends in the world of markets is the rise of passive investing. Rather than pay h...
Why It's Really Hard to Create a New Currency in a Revolution
Fri, 10 Feb 2017
Creating a new form of money is always tough. Will it hold its value? Will people trust it? Will peo...
Why Negotiating a Ransom Is the Trickiest Trade in the World
Fri, 03 Feb 2017
There are all sorts of reasons why markets break down. A lack of trust. Incomplete information. Dive...
64: Stay in School, Even if You're Planning to Join the Mob
Fri, 27 Jan 2017
It's almost a truism that better-educated people earn more money. But suppose you're not interested ...
63: This Is How Monetary Policy Works in The Islamic State
Fri, 20 Jan 2017
The Islamic State is mostly discussed in terms of its threat to the safety and security of the world...
62: How The Biggest Bull Market Could Come Crashing Down
Fri, 13 Jan 2017
The stock market is currently in one of its longest bull markets ever, but that doesn't hold a candl...
61: Here's What's Going to Happen in 2017
Fri, 06 Jan 2017
Welcome to the start of the new year! 2016 defied almost everyone's expectations, but that won't sto...
60: These Were the Most Interesting Stories of 2016
Fri, 23 Dec 2016
It was quite a year, 2016! Trump and Brexit alone made it one for the history books. But there was m...
59: What Sneakers Can Tell You About How Financial Markets Work
Fri, 16 Dec 2016
One of our favorite topics here at Odd Lots is market structure. On multiple occasions, for example,...
58: Ignore Investing's Mathematical Underpinnings at Your Peril
Fri, 09 Dec 2016
What's the optimum amount of money you should bet on a particular outcome? The answer is dictated by...
57: Was November the Start of a Huge Turning Point In Markets?
Fri, 02 Dec 2016
Something huge happened in November. No, we're not talking about the U.S. presidential election. We ...
56: How To Launch Your Own Form Of Money
Fri, 25 Nov 2016
By now you've probably heard of Bitcoin. But Bitcoin isn't the only digital currency. In fact, there...
55: Here Are The Signs That A Civilization Is About To Collapse
Fri, 18 Nov 2016
All great civilizations eventually collapse. It's inevitable. So what are the signs of their demise?...
54: How Trump Did Something Yellen, Draghi Could Only Dream Of
Fri, 11 Nov 2016
There's a lot to process from last week's U.S. election. One surprising thing already is the market ...
53: Why We Stopped Trusting Experts
Fri, 04 Nov 2016
One could argue that "expert" has become a bad word. People routinely roll their eyes at the advice ...
52: What Math Models of Herding Cows Can Teach Us About Markets
Fri, 28 Oct 2016
Investors are often said to exhibit herding behavior when they follow each other into crowded positi...
51: Why Everyone Is Freaking Out About Globalization
Fri, 21 Oct 2016
Dani Rodrik, a professor of International Political Economy at Harvard University, was writing about...
50: What Slavoj Žižek Would Say About Poker and the Peso
Fri, 14 Oct 2016
What does psychoanalytic philosophy tell us about capitalism? In this edition of Odd Lots, we speak ...
49: The Man Who Wants to Better Trading by Slowing It
Wed, 12 Oct 2016
Brad Katsuyama has racked up oceans of newspaper ink since being propelled into the public spotlight...
48: The Lost History of Financial Market Modernization
Mon, 03 Oct 2016
How is it that stocks are traded on electronic exchanges in the blink of an eye but bonds still trad...
47: Why it's Time to Stop Using the Word 'Disruption'
Fri, 23 Sep 2016
"Disruption," "incubation," "innovation"... you hear these words nonstop these days as people talk a...
46: Space Robots Are Helping Hedge Funds Invest
Fri, 16 Sep 2016
The most valuable commodity for investors is information, and hedge funds and asset managers are goi...
45: Why A Whistleblower Walked Away From Over $8 Million
Mon, 12 Sep 2016
Could you walk away from a reward of over $8 million? The guest on our latest episode of the Odd Lot...
44: What a 12-Year Knows About Money That an Economist Doesn't
Fri, 02 Sep 2016
"What is money?" This seemingly simple question has the ability to drive people crazy. Is it a unit ...
43: Seinfeld Can Teach You Everything You Need About Economics
Mon, 29 Aug 2016
The hit show Seinfeld is often referred to as the show about nothing, but maybe it's actually a show...
The Millennial Generation Is Stagnant And Older People Are Part
Mon, 22 Aug 2016
In developed economies, younger generations have faced stagnant wages, mediocre employment prospects...
41: Billionaires Help Tell the Story of Brazil's Boom and Bust
Mon, 15 Aug 2016
The 2016 Summer Olympics in Rio de Janeiro have been tainted by protests, economic slowdown, and a m...
40: Why Summer Has Just Gone on Sale
Mon, 08 Aug 2016
This week is the summer edition of Odd Lots and we're talking about the market forces shaping the pr...
39: The Insurance Market for Modern-Day Pirates
Fri, 29 Jul 2016
This week Odd Lots takes to the high seas to discuss how modern-day pirates in the form of illegal f...
38: The Fed Made a Massive Mistake Letting Lehman Go
Mon, 25 Jul 2016
There's nothing better than financial crisis hindsight and earlier this month we got a big dose of i...
37: Why We Are Increasingly Divided Into Ideological Bubbles
Mon, 18 Jul 2016
The result of the U.K.'s Brexit referendum blindsided many and led to acrimonious accusations by sup...
36: How A Quant Saw Huge Changes That Took Place on Wall Street
Mon, 11 Jul 2016
Emanuel Derman was one of the pioneers of quantitative finance, having gone from studying physics to...
36: How A Quant Saw Huge Changes That Took Place on Wall Street
Mon, 11 Jul 2016
Emanuel Derman was one of the pioneers of quantitative finance, having gone from studying physics to...
35: There Was a Huge Opportunity The Night of the Brexit Vote
Fri, 01 Jul 2016
In the runup to the Brexit vote polls were mixed. Some showed remain winning. Others showed leave wi...
34: The Highway Built by Oil Markets and Political Intrigue
Mon, 27 Jun 2016
On this week's episode we take a trip down one particular road on the Gulf peninsula to explore how ...
33: How ``Fed Watching'' Became a Thing
Mon, 20 Jun 2016
When Federal Reserve Chair Janet Yellen speaks, the world watches — and one group watches especial...
32: The Amateur Activists Who Took On The Foreclosure Machine
Mon, 13 Jun 2016
The Great Recession was characterized by a historic and gigantic wave of foreclosures all around the...
31: Welcome Aboard Starship Bank
Mon, 06 Jun 2016
David Hendler made his reputation as a bank analyst at the independent research firm CreditSights In...
30: How Finance Took Over the World
Fri, 27 May 2016
The U.S. spends 8 percent of its GDP on finance -- twice the amount it did 40 years ago, according t...
29: How an Old-School Chess Shop Survives in Modern New York
Mon, 23 May 2016
At a time when retail sales are dominated by online behemoths like Amazon Inc. and big chain stores,...
28: Finance's Hot New Thing Ended Up In An Old-School Scandal
Fri, 13 May 2016
Peer-to-peer lending was supposed to disrupt the traditional way people borrowed money. Instead of g...
27: Kentucky Derby Edition: Flip This Horse
Wed, 04 May 2016
If you're like most people, you only bet on horses once a year, the day of the Kentucky Derby. You m...
26: How To Make Money By Betting On The U.K.’s Big Referendum
Mon, 02 May 2016
In less than two months, the U.K. will vote on whether to leave the EU in the so-called Brexit refer...
25: Americans Are Miserable, and It's Swaying The Election
Mon, 25 Apr 2016
How can you tell whether people in any given country are happy or not? That's the topic we wrestle w...
24: Meet The Most Important Country Singer in Economics
Fri, 15 Apr 2016
Country music lost a legend when Merle Haggard passed away earlier this month at the age of 78. At f...
23: Iceland Jailed Its Bad Bankers But People Are Still Angry
Fri, 08 Apr 2016
Iceland is known for geothermal beauty, fishing and as the birthplace of Bjork. It also made interna...
22: The Unbearable Brightness of Being a Shadow Bank
Mon, 04 Apr 2016
A high-flying hedge fund manager lost everything back in 2007 after an accounting scandal prompted i...
21: The Fraught Life of a Dumpster-Diving U.S. Short-Seller
Mon, 28 Mar 2016
Short-selling, the practice of betting against stocks by agreeing to sell equities that you don't ow...
20: The Time NYSE Floor Traders Tried to Prank President Reagan
Mon, 21 Mar 2016
For years, the image of a stock market trader was synonymous with images of Testosterone-fueled trad...
Episode 19: Pow! Pow! El-Erian Talks Central Bank Ammunition
Mon, 14 Mar 2016
Asset purchases! Currency devaluations! Low interest rates! Negative interest rates! And... more? Th...
Episode 18: The Obscure Report That Spawned the ETF Industry
Mon, 07 Mar 2016
In 1987, investors watched in horror as the Dow Jones Industrial Average plunged 22 percent in an ev...
Episode 17: How One Analyst Uncovered a $7 Billion Fraud
Mon, 29 Feb 2016
In late 2008, as markets tanked thanks the the global financial crisis, two massive Ponzi schemes un...
Episode 16: Making Money When Everyone Else is Losing Theirs
Mon, 22 Feb 2016
Everybody knows by now that a handful of hedge funders made a fortune by betting against housing bef...
How a Rural Irish Farmer Became an Expert on the Euro Crisis
Tue, 16 Feb 2016
In theory, anyone with an internet connection can became an expert on just about anything from just ...
Episode 14: The World’s Only Stand-Up Economist
Mon, 08 Feb 2016
On today’s episode, we’re taking the “dismal” out of the dismal science by interviewing Yora...
Episode 13: How a Professor Won Gambling on an Obscure Sport
Mon, 01 Feb 2016
Episode 13: Everyone dreams of being able to win almost every time when gambling. Of course, whether...
Episode 12: How a Consultant Foresaw the 2015 Commodities Crash
Mon, 25 Jan 2016
On this episode, co-host Tracy Alloway is joined by Bloomberg Markets reporter Luke Kawa for a journ...
Episode 11: How David Bowie Became a Financial Product
Tue, 19 Jan 2016
When the world lost David Bowie this month, it lost one of modern music's undisputed geniuses. Less ...
Episode 10: How the World Ended Up With a Boring Banana
Mon, 11 Jan 2016
This week, we're taking on one of the most fragile commodities markets around. No, it's not oil (tho...
Episode 9: The 2016 Predictions Episode
Mon, 04 Jan 2016
(Bloomberg) -- It’s a new year and a new episode of Odd Lots. Co-hosts Joe Weisenthal and Tracy Al...
Episode 8: These Were Our Favorite Stories of 2015
Mon, 28 Dec 2015
(Bloomberg) -- Gather ‘round the Odd Lots fire. Co-hosts Joe Weisenthal and Tracy Alloway have ass...
Episode 7: How One Woman Tried To Sound Housing Crash Alarm
Mon, 21 Dec 2015
The film “The Big Short” has sparked lots of attention about the origins of the financial crisis...
Episode 6: Meet The Man Who Made Millions Trading Mules
Mon, 14 Dec 2015
This week we're thinking about what it means to be a trader in today's electronified markets and con...
Episode 5: 6,000 Years of Interest Rates
Mon, 07 Dec 2015
(Bloomberg) -- What better way to prepare for what may be the first U.S. rate hike in almost a decad...
Episode 4: Can a Hedge Funder Cut Prescription Drug Costs?
Mon, 30 Nov 2015
(Bloomberg) -- Hedge-fund manager Kyle Bass has a plan that could cut the high cost of prescription ...
Episode 3: The Strange Story Behind the Beanie Babies Bubble
Mon, 23 Nov 2015
(Bloomberg) -- Two market bubbles stand out from the late 1990s. Technology stocks that were suppose...
Episode 2: Under the Hood of the $8 Trln Corporate Bond Market
Mon, 16 Nov 2015
(Bloomberg) -- It's definitely big and it might be broken. It's the bond market! The corporate bond ...
Episode 1: Tom Keene on Mathiness and His Favorite Guitar
Fri, 06 Nov 2015
(Bloomberg) -- Tracy Alloway and Joe Weisenthal kick off the Odd Lots podcast by interviewing the le...
The Odd Lots Preview
Wed, 04 Nov 2015
(Bloomberg) -- Welcome to Episode Zero of the Odd Lots podcast! Every week, hosts Joe Weisenthal and...