Lots More on the Protests and Financial Crisis in Iran
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What is the main topic discussed in this episode?
Hi, I'm David Weston. Join me every week for the Wall Street Week Podcast to hear stories of capitalism from around the world. From geopolitical tensions and central bank decisions to artificial intelligence, energy, and infrastructure, we sit down with the CEOs, economists, policymakers, and thought leaders whose decisions are shaping markets everywhere we find them. Subscribe to the Wall Street Week Podcast on Apple, Spotify. Five or anywhere you listen. Bloomberg Audio Studios,
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Joe, do you like Persian food? Yeah.
Oh yeah, definitely.
Yeah. I make I'm very proud of this, if I say so myself, a mean gourmet sapsi. I actually don't know if I'm pronouncing it wrong, but supposedly it's the Iranian national dish. And it's a sort of like beef stew with spinach and a bunch of different herbs in it. So it's really green and then with kidney beans. It's delicious. And the thing I like about it is you can make it and then store it, freeze it, and it actually gets better over the next week or so.
I this guy is my d idea for a restaurant, which is just like make food and then put it in the fridge for overnight and then serve it cold. Because I think like every dish every dish is better like after a night in the fridge. Somehow like all the flavors come out. It's like, why don't we just make this to the default eating? I did a deadlift.
I'm both the most popular trader and most successful trader at Citadel.
Fed is going viral.
Uh barges.
This is an after school special, except
I've decided I'm gonna base my entire personality going forward on campaigning for a strategic pork reserve in the US. Black gold! These are the the important questions. Is it robots taking over the world? No, I th No,
I think that like in a couple years the AI will do a really good job of making the Outlaws podcast. One day that person will have the mandate of heaven.
How do I get more popular and successful?
We do have the perfect guest.
You're listening to Lots More, where we catch up with friends about what's going on right now.
Because even when the odd lots is over, there's always lots more.
And we really do have the perfect guest. So I'm a big fan of Iranian food. I always wanted to go to Iran and actually try it.
Yes.
And it makes me sad that I haven't been able to do it. And with, you know, recent events, terrible events in Iran, we've had anti-Islamic Republic protests that have reportedly left thousands of people dead. I'm not gonna say the specific estimate because it's changing all the time. And also there's not that much transparency at the moment because the government has shut down the entire internet, but it's just sad.
Look, I know very little about Iran. I also feel like in my professional career There are multiple rounds of this. Mm-hmm. Big protests, et cetera. Is this the moment? Regime change. And to your point, which you say, like, there is very little that I trust when I see it reported. Yeah. I am extremely skeptical. Oh, tonight was the biggest set of protests we've had in years. There's never been a protest. Look at which city this is. I'm sure there are well-informed people talking about this. I don't have the heuristics to know. Generally, I don't know who is well-informed. informed what is actually signal versus what is noise. But obviously yet another sort of extraordinary development unfolding here in uh twenty twenty six.
Marta, what have you been hearing?
So I agree that it's difficult really to tell what are the actual facts. For sure, there's been a lot of deaths and uh it's horrible and it's tragic and it's definitely in uh thousands of of deaths. But at the same time, you know, there's complete blackout. What works right now is the actually outgoing landline calls, but with limited time. So for example, my my analysts who is actually in London at the moment, he's able to speak to his parents when they call him. And then the call gets interrupted quite quickly, but at least he he can hear from them. We weren't actually sure for quite some time whether the stock market was working or not because of the blackout, because it was not possible to even to read any news from the official news agencies in Iran.
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Chapters
4 chapters
1
What is the main topic discussed in this episode?
0:00–10:02
2
What is the current state of the Iranian protests and why are they different this time?
10:02–15:22
3
How has the Iranian government’s internet blackout affected information flow and market data?
15:22–23:26
4
What does Maciej Wojtal say about the safety and whereabouts of his on‑the‑ground team in Iran?
23:26–24:18
Speakers
4 identifiedMore from Odd Lots
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