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The Curve

El Niño Is Here. And it's about to hit your wallet.

21 Jun 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What is the main topic discussed in this episode?

1.178 - 20.993 Sophie Hallwright

today's episode we speak about spacex the biggest company to ever go public it has broken records all over the show and elon musk is now a trillionaire there is a rumor though about potentially spacex merging with another business so we're going to talk about what would that actually mean for elon musk the stock market for all of us

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21.125 - 31.465 Victoria Harris

El Nino sounds like a cocktail, but it's not. It is a massive weather event that is happening right now, and last time it wiped out trillions in the global economy.

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31.846 - 51.422 Sophie Hallwright

There is a silver lining with this big weather event, as much as it sounds devastating, and it will be. There is also an interesting long-term investing trend that Vic has spotted, which we're going to talk about later. It's not as dire in terms of the investment. It's actually really innovative. So we'll talk about that and exactly how you could invest if it's of interest to you.

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51.742 - 57.432 Victoria Harris

The UK has just joined a growing list of countries that has banned social media for under 16 year olds.

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Chapter 2: How does the SpaceX IPO affect Elon Musk's wealth?

57.733 - 67.77 Victoria Harris

Yay. Everyone's talking about the social side of this. We are going to talk about the financial impact, surprising, and how there are some companies that are going to be way more effective than others.

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67.75 - 71.076 Sophie Hallwright

This is The Curve Weekly, where we read the finance news so that you don't have to.

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71.136 - 74.563 Victoria Harris

I'm Vic Harris. I'm a finance professional and have had a career making money for other people.

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74.743 - 81.075 Sophie Hallwright

And I'm Sophie Hallwright, ex-TV radio producer who was really sick and tired of not understanding the economy. So we started this podcast.

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81.356 - 101.48 Victoria Harris

And a huge thanks to our podcast producer, Emily Rigby, and our social media manager, Lucy Munro, and the rest of the team behind this episode. But before we get into the headlines, a quick word from today's sponsor. This episode of The Curve Weekly is made possible by Pathfinder KiwiSaver plan, helping you invest alongside your values.

Chapter 3: What are the potential consequences of a Middle East ceasefire on oil prices?

101.64 - 106.046 Sophie Hallwright

Pathfinder's one mindful money, best ethical investing provider for five years running.

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Chapter 4: What are the implications of the UK banning social media for under-16s?

106.126 - 122.326 Sophie Hallwright

So we've teamed up with them to bring you the ethical hotline. Got questions about the ethics of an investment or unsure where you draw the line? Submit your questions via the link in the podcast show notes. And thank you so much to Pathfinder for making this episode of The Curve Weekly possible. Pathfinder Asset Management Limited is the issuer of the Pathfinder KiwiSaver plan.

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122.526 - 129.23 Sophie Hallwright

A product disclosure statement is available at pathfinder.kiwi. We have to talk about the elephant in the room. It's not an elephant, actually.

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Chapter 5: What is El Niño and why is it significant?

129.271 - 137.442 Sophie Hallwright

My tan? Yeah. I was going to say, elephant's way too pale for what we're talking about. It's stunning. Just got back from grace.

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Chapter 6: How does El Niño impact global economies and inflation?

137.822 - 141.89 Sophie Hallwright

You look so, you know, healthy. And it's a shit compliment that you do.

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141.95 - 144.835 Victoria Harris

Which is so counterintuitive, right? Because you're killing your skin cells.

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Chapter 7: How can listeners submit their questions for future episodes?

145.016 - 152.209 Sophie Hallwright

Because you go so olive, you can kind of justify a bit of a burn because you're like, well, like for fair girls like me.

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152.229 - 168.476 Victoria Harris

I hate burning myself. Like it's like, yeah. But when you kind of had a few drinks in the sun and then you're like. How long have I been in the sun? How was Greece? It was really nice. Do you feel like you've had a holiday? Yeah, it was just like really nice that we'd wake up, work, like we kind of, everyone on the trip has their own businesses. So it was really great. And we had two young kids.

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168.536 - 181.31 Victoria Harris

So it was like, they'd go down for a nap, we'd work, then we'd go to the beach in the afternoon. Like it was just like a great balance. Did you have set working days where you were like, hey, bye too, let's call it? No, everyone was just kind of on the buzz. And some people would be like, I'm going to the beach. And they're like, I've got to stay and work.

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181.45 - 192.19 Victoria Harris

Like it was, yeah, it was really, really nice. And I was like, oh, it'd be nice to just pack up and... park up in Greece for a... I think Soph would kill me. I'm just starting the podcast from Greece again. The Wi-Fi's not working.

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193.312 - 210.53 Sophie Hallwright

That would be the only thing I'd kill you about is if you called. It's windy. I'm stuck on Paros and I can't... I've had a few rosés. No, no. You on rosés is a vibe. You are always welcome to podcast drunk, just so you know. No, no, absolutely not. No, no, I'm being serious. Two drinks, absolutely fine. Four, we might need to postpone.

210.55 - 218.366 Sophie Hallwright

Financially educating while pissed is not... Pissed is different. You are so funny when you've had two. Bye!

218.907 - 218.987

Bye!

218.967 - 242.453 Sophie Hallwright

Not financial advice, but it is financial advice. Can we talk for a second about the remote working? Because I actually have been thinking about this a lot. You know, all of us here are so close to Europe. We're so close to places that would be amazing to work. Would you say it was more of a great way to have an in-between holiday where you were semi-working but also having a break?

243.093 - 248.299 Sophie Hallwright

Or do you think it would be possible to do that and be almost as productive as you would be if you were in London?

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