Unhedged
Episodes
The case for a soft landing
01 Aug 2023
Contributed by Lukas
Bringing down inflation can cause massive recessions. But three indicators suggest that this time it might be coming down without there being a crash....
The billionaire charged with insider trading
27 Jul 2023
Contributed by Lukas
Joe Lewis, 86, is a billionaire. He made his money trading currency, among other things. And he likes to keep a low profile. That could change with hi...
Big week for central banks
25 Jul 2023
Contributed by Lukas
Interest rates have driven the conversation about markets over the past year. And this week, the US Federal Reserve, the European Central Bank and the...
The private credit boom
20 Jul 2023
Contributed by Lukas
As regulators continue to worry about big and small banks, a lot of midsized companies are turning to private credit for loans. These loans are issued...
Getting inflation wrong
18 Jul 2023
Contributed by Lukas
Last week’s US inflation numbers were surprisingly low, a very moderate 3 per cent. That could be due to an increasing supply of workers and goods. ...
The 2023 Unhedged stock draft
13 Jul 2023
Contributed by Lukas
Seven stocks are powering the market: Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla. How will they do in the second half of this year? Et...
Why the bond market matters now
11 Jul 2023
Contributed by Lukas
The bond market dwarfs the stock market. But for more than a decade, equities have been the subject of conversation, and returns. Now that has flipped...
Harry Markowitz found a free lunch in finance
06 Jul 2023
Contributed by Lukas
Markowitz, a titan of finance who won the 1990 Nobel prize in economics, died last month. He showed, in a mathematically rigorous way, that diversific...
Will empty offices hurt the US economy?
29 Jun 2023
Contributed by Lukas
The persistence of working from home, the rise in interest rates, and job cuts in finance and tech all spell trouble for the owners of office building...
Does Japan’s stock market rally have legs?
27 Jun 2023
Contributed by Lukas
Japanese stocks have been on a tear this year. There are a few reasons for this: Japan looks better than lots of other places, Japanese monetary polic...
What’s going on with car insurance?
22 Jun 2023
Contributed by Lukas
Car insurance costs in the US have shot up by 23% in the past 18 months, dwarfing the overall rise in inflation. What exactly is happening? And what l...
Why investors hate this bull market
21 Jun 2023
Contributed by Lukas
On paper, it’s a strong market. The S&P 500 is up more than 14 per cent this year. But for professional investors, it’s confusing. Most of...
Is crypto a security, bro?
15 Jun 2023
Contributed by Lukas
Crypto is at a crossroads. As exchanges and currencies blow up, the US Securities and Exchange Commission is ready to step in. But is crypto a securit...
Where’s the recession?
13 Jun 2023
Contributed by Lukas
The US economy remains confusing. Markets continue to predict a slowdown but unemployment remains low. Today on the show, we try t...
Introducing Unhedged
06 Jun 2023
Contributed by Lukas
Ethan Wu, Katie Martin and other markets nerds at the Financial Times explain the big ideas behind what’s happening in finance right now. Every Tues...