What'd You Miss This Week
Every week, we feature the best and most interesting interviews from Bloomberg's daily market close show, "What'd You Miss" hosted by Joe Weisenthal, Caroline Hyde and Romaine Bostick. We want to take you beyond the headlines and bring you a unique perspective on the week's top stories, and those you may just have missed. It's the perfect way to kick off your weekend.
Episodes
Fiat Currency is Having a Midlife Crisis
This week, Jon Huntley, senior economist at the Penn Wharton Budget Model, came on to discuss the budgetary and economic impact of the infrastructure package. Rune Christensen, the co-founder of MakerDAO, joined to talk DeFi and decentralized stable coins. Zvi Schreiber, the CEO and founder of Freightos, an internet marketplace for the trillion-dollar international freight market, came on to talk about his new book: "Money, Going Out of Style: The Story of Money and Thee Mystery of its Decline" and why he thinks fiat currency is having a midlife crisis. Then John Gerner, the managing director at the consulting group Leisure Business Advisors, reacted to Disney earnings and explained why he was impressed.See omnystudio.com/listener for privacy information.
14/08/21•27m 3s
Serial SPAC-er Betsy Cohen Finds Her Seventh Target
Serial SPAC dealmaker Betsy Cohen joined to talk about finding her seventh target, Pico, a New York-based technology provider for financial services companies that merged with FTAC Athena Acquisition Corp. in a $1.75 billion blank-check company deal. Senator Cynthia Lummis, Republican of Wyoming, came on to discuss the cryptocurrency amendment holding up the infrastructure package and why she is trying to narrow the language of the provision. Adam Ozimek, the chief economist at Upwork, outlined his latest report titled, "The Great Resignation" about the lasting impacts of the pandemic on the labor market. Then Glenn Fogel, the CEO of Booking Holdings, reacted to their second quarter earnings and talked about the impact of the Delta variant on the travel rebound.See omnystudio.com/listener for privacy information.
07/08/21•28m 21s
Companies Have Lost the Distinction Between Data and Information
This week, NYU Stern School of Business finance professor Aswath Damodaran, joined to talk about why corporate earnings reports and regulatory filings keep getting longer, and why it's not necessarily a good thing for investors. Professor Damodaran explained why he thinks we are having a "disclosure dilemma" with all of this additional corporate data leading to even less information. Christie's CEO Guillaume Cerutti went through the global art market boom in everything from NFTs to jewelry and explained what's driving consumers back in record numbers. Then Steve Cadigan, who formerly served as the vice president of people at LinkedIn, joined to talk about his new book, "Workquake: Embracing the Aftershocks of COVID-19 to Create a Better Model of Working," and what's behind that massive churn in the labor market driving high levels of job openings and resignations.See omnystudio.com/listener for privacy information.
31/07/21•27m 27s
Crypto Investors Are Used to Volatility
This week, Grayscale Investments CEO Michael Sonnenshein joined to react to bitcoin's selling off below $30,000 and said crypto investors are used to the volatility. Chairman and CEO of United Wholesale Mortgage Mat Ishbia went through this week's housing data and explained why he thinks the housing market will stay hot. Nicole Perrin, an emarketer principal analyst at Insider Intelligence came on to talk about Twitter and Snapchat's earnings and the pandemic boom in digital advertising. Then Willy Shih, a management practice professor at Harvard Business School, discussed the ongoing global chip crisis and whether anything other than time itself can mitigate the shortage.See omnystudio.com/listener for privacy information.
24/07/21•27m 37s
Why There's a Six-Month Wait for Garage Doors
This week, Binance.US CEO Brian Brooks joined along with Bloomberg Wall Street correspondent Sonali Basak to talk about hiring ex-regulator Manuel Alvarez and why regulation does not have to be a bad thing for the crypto space. Alyse Killeen, the founding managing partner at StillMark, the first Bitcoin-specific venture capital firm, discussed investing in bitcoin. Rick Palacios, principal and director of research at John Burns Real Estate Consulting, came on to talk about the housing market and why it's still so difficult to find building materials. Then Octahedron Capital Management founder Ram Parameswaran, who has been a very consistent bull on the Chinese tech sector, discussed whether Beijing's crackdown has made him rethink that stance.See omnystudio.com/listener for privacy information.
17/07/21•30m 53s
Why Truck Drivers Are So Hard to Find Right Now
This week, Chad Cascarilla, the co-founder and CEO of Paxos, a regulated blockchain platform that has its own stable coin, came on to talk the use and regulation of stable coins. Sam Bankman-Fried, the founder and CEO of FTX, a cryptocurrency derivatives platform, discussed their recent publicity push becoming the official crypto partner of Major League Baseball and getting the naming rights to the Miami Heat stadium. Dragonfly Capital general partner Tom Schmidt demystified DeFi, decentralized finance. Then Craig Fuller, founder and CEO of FreightWaves, the leading provider of data and analytics to the global logistics and supply-chain market, came on to talk about the bottlenecks and explain why trucking companies are not honoring their contracts due to such high demand.See omnystudio.com/listener for privacy information.
10/07/21•25m 33s
Global Liquidity Could Be Reaching Inflection Point
This week, Mercury Group CEO Adam Posner came on to talk about bottlenecks in the global supply chain and why there have been astronomical jumps in shipping rates. Audacity Capital founder and general partner Erikan Obotetukudo discussed forming the first VC firm focused solely on crypto startups and the opportunity she sees in the space. Win Thin, head of global currency strategy at Brown Brothers Harriman, joined to explain why he thinks global liquidity has reached an inflection point and markets are not taking it into account. Then UBS Economist Alan Detmeister gave his outlook for rent inflation.See omnystudio.com/listener for privacy information.
26/06/21•29m 55s
Investing is Now a Pop Culture Phenomenon
This week, Gary Vaynerchuk, who is a board member of the sports memorabilia company Candy, CEO of VaynerMedia, and has a new NFT project called VeeFriends, joined to talk about the resurgence in trading cards, how investing has become a pop culture phenomenon and why alternative investments hold more social currency than stocks. Ursula Burns, former CEO of Xerox and senior advisor at Teneo, came on to talk about her new memoir "Where You Are Is Not Who You Are" and whether policymakers are taking economic inequality more seriously than during past expansions. Mike Pyle, the chief economic advisor to Vice President Kamala Harris, explained why the White House is encouraged by trend lines in the U.S. jobs recovery despite the past two jobs reports coming in below estimates. Then Brooklyn Nets star point guard Spencer Dinwiddie, who is also the founder and CEO of Calaxy, a blockchain-based social media app that lets fans buy tokens associated with their favorite stars, joined to talk about creator tokens.See omnystudio.com/listener for privacy information.
19/06/21•36m 39s
Elizabeth Warren's Plan to Tame the "Wild West" of Crypto
Heather Boushey, a member of President Biden's Council of Economic Advisers, joined to discuss the jobs report and the why payrolls keep falling short of expectations. Ali Wolf, the chief economist at Zonda, a housing data and research firm, came on to talk about whether the housing market fever is finally showing signs of breaking. Nick Carter, the founding partner of Castle Island Ventures, reacted to El Salvador becoming the first country to adopt Bitcoin as legal tender. Then Sen. Elizabeth Warren, Democratic of Massachusetts, joined after the Senate Banking Committee's hearing on digital currencies and blockchain to discuss why she thinks crypto is a "wild west" that needs regulation and consumer protections.See omnystudio.com/listener for privacy information.
12/06/21•31m 51s
AMC Embraces the Meme Stock Frenzy
This week, Roshun Patel, vice president of institutional lending at Genesis, a full-service digital currency prime brokerage, joined to talk about the asset class that never sleeps: crypto, and its wild weekend trading. Chad Beynon, a senior gaming, lodging and theatres analyst at Macquarie Capital, joined alongside Bloomberg cross-asset reporter Katie Greifeld to talk about AMC embracing its meme stock status. Yoni Assia, the founder and CEO of eToro, an Israel-based competitor to Robinhood, came on to talk about how his platform has benefitted from the retail frenzy, and why he thinks this is a generational buying moment. Then Doug Merritt, the CEO of infrastructure software company Splunk, joined after the company's first quarter earnings results.See omnystudio.com/listener for privacy information.
05/06/21•27m 31s
There's No Muscle Memory for How to Handle This Recovery
This week, Stinson Dean, Deacon Lumber Company CEO, came back on to talk about why lumber is caught in another market standoff. Jill Carlson, Slow Ventures principal and co-founder of the Open Money Initiative, returned to discuss whether she thinks this is the end of a crypto cycle and why institutions are still buying bitcoin despite the volatility. Caroline had an exclusive interview with Chevron CEO Mike Wirth right after he faced a major rebuke from his shareholders, which voted to back a proposal to reduce emissions from the company’s customers. Then Alex Williams, a research analyst at Employ America, joined to talk about his recent guest post on the Odd Lots blog titled "The Economy Is Booming. Why Don’t Firms Believe It?"See omnystudio.com/listener for privacy information.
29/05/21•31m 46s
A 30% Dip is Just Another Wednesday in Crypto
This week, Christie's CEO Guillaume Cerutti, joined to talk about their spring auction, which included a group of nine Cryptopunks NFTs and the future of digital art. Mike Novogratz, the founder and CEO of Galaxy Digital, reacted to Monday's volatility in bitcoin and explained why he thinks the cryptocurrency is likely to remain under pressure for weeks. Soona Amhaz, general partner at Venture Captial firm Volt Capital, which invests in the crypto space, came on to talk about Wednesday's wild ride for crypto and said a thirty percent dip is just another Wednesday in the space. Then Gregory Di Prisco, CEO of RWA Company and community member of the MakerDAO ecosystem, joined to discuss whether decentralized systems like crypto can buckle under extreme volatility.See omnystudio.com/listener for privacy information.
22/05/21•32m 26s
Bitcoin Has No Plan. It Could Even Go Down.
This week, Rick Palacios, principal and director of Research at John Burns Real Estate Consulting, went through the latest in the lumber market frenzy and the impact on the U.S. housing market. Bloomberg Opinion columnist Conor Sen and Neil Dutta, the head of U.S. economics at Renaissance Macro Research, debated whether the economic cycle has peaked. Mike Pyle. chief economic advisor to Vice President Kamala Harris and former chief investment strategist at BlackRock, came on to react to the April CPI data and discuss whether those inflationary pressures will make passing the Biden Administration's spending plans more difficult. Then Nic Carter, the founding partner at Castle Island Ventures, went through the wild week in crypto and Elon Musk's bitcoin reversal.See omnystudio.com/listener for privacy information.
15/05/21•35m 14s
Grab Your Copper $10,000 Hats
This week, Emily Weis, State Street emerging markets strategist, explained what was behind copper's record week and driving the metal to $10,000. Nir Kaissar, a Bloomberg Opinion columnist and the founder of Unison Advisors, argued why he thinks corporate tax loopholes actually matter more than the rate itself. Michelle Meyer, the head of U.S. economics at Bank of America Securities, went through this week's economic data and offered an outlook for the U.S. housing market. Then Tina Tchen, Time's Up president and CEO, came on to talk about the impact of President Biden's proposed American Families Plan on the labor market and growth.See omnystudio.com/listener for privacy information.
01/05/21•26m 50s
Paul Krugman Thinks Trade Policy Has Always Been Overrated
This week, Mario Stefanidis, Roundhill Investments vice president of research, who actively manages the firm's sports-themed MVP ETF, joined to talk about the investment side of the short-lived European Super League. Ali Wolf, chief economist at Zonda, a housing market research and real estate analytics firm, came on to talk about the U.S. housing market. Then New York Times columnist and Nobel Prize-winning economist Paul Krugman joined for a wide-ranging interview on his economic outlook, inflation and why he thinks trade policy has always been overrated.See omnystudio.com/listener for privacy information.
24/04/21•27m 41s
The Lumber Market is Full of Cowboys
This week, Jeff Korzenik, joined to talk about his new book "Untapped Talent: How Second Chance Hiring Works for Your Business and the Community" and why people with criminal backgrounds should not be employees of last resort. Binance.US CEO Catherine Coley came on to react to the Coinbase listing and discussed whether there was room for multiple winners in this space. Roshun Patel, vice president of institutional lending at Genesis, a digital currency prime brokerage, also discussed the Coinbase listing and crypto market structure. Then Deacon Lumber Company CEO Stinson Dean joined to talk about the frenzy in the lumber market and why prices are rising like he's never seen before.See omnystudio.com/listener for privacy information.
17/04/21•27m 10s
What History Tells Us About the Difference Between Hyperinflation and Inflation
This week, Alon Levy, a fellow at NYU's Marron Institute, joined to discuss why the U.S. is not good at infrastructure and why public works projects carry a higher price tag in the U.S. as compared with other countries. Diogo Monica, the co-founder and president of Anchorage, a digital asset platform for institutions, came on to talk about Visa allowing transactions with UDS stablecoin. Boris Jordan, the executive chairman of Curaleaf, which just closed a deal to buy Emmac Life Sciences for $285 million giving the company entry into the European market, discussed the cannabis sector's growing momentum in both the U.S. and Europe. Then Zach Carter, the author of the best-selling book "The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes," joined to talk about what history tells us about the difference between hyperinflation and inflation.See omnystudio.com/listener for privacy information.
11/04/21•26m 49s
It's Hard to be a Bear Right Now
Joshua Younger, head of U.S. interest rate derivatives strategy at J.P. Morgan, joined to talk about the worst quarter for Treasuries since 1980. Yesha Yadav, law professor at Vanderbilt Law School and former legal counsel for the World Bank, discussed the volatility in Treasuries and the impact of the lack of regulation in the space. Unison Advisors founder and Bloomberg Opinion columnist Nir Kaissar explained why it's hard to be bear right now. Then Priyanka Desai, a member of the NFT-focused DAO or decentralized autonomous organization Flamingo, came on to talk about the new NFT craze and how people can participate.See omnystudio.com/listener for privacy information.
03/04/21•29m 9s
The I Word
This week, Jason Tuvey, Capital Economics senior emerging markets economist, joined to talk about the sharp selloff in Turkish assets after President Erdogan ousted the country's central bank governor and what comes next for the country's economy and financial markets. Bloomberg Opinion columnist Noah Smith explained why local price changes aren't inflation. Harvard Business School professor Willy Shih discussed Intel's ambitious bid to regain its manufacturing lead. Then Sridhar Ramaswamy, a former senior vice president at Google, who ran the company's ad business for fifteen years, reacted to the House tech hearing and discussed whether these companies' business models will ever be put under threat.See omnystudio.com/listener for privacy information.
27/03/21•29m 13s
$1.9 Trillion in Stimulus is Coming. Will Inflation Follow?
This week, Ursual Burns, the former Xerox CEO and first black woman to lead a Fortune 500 company discussed the gap between companies' rhetoric and results on International Women's Day. Tim Duy, SGH Macro Advisors economist, University of Oregon professor, and Bloomberg Opinion Columnist, joined to talk about the inflation debate ahead of next week's Federal Reserve rate decision. Liz Pancotti, Employ America senior advisor, broke down the economic impact of President Biden's $1.9 trillion stimulus package. Then Declan Kelly, chairman, CEO and co-founder of the global consulting firm Teneo, joined to discuss corporate America's reaction to the passage of Biden's stimulus package.See omnystudio.com/listener for privacy information.
13/03/21•41m 47s
Could a Commodity Supercycle Be Upon Us?
This week, Emily Weis, emerging market strategist at State Street, went through the implications of Brazilian President Bolsonaro firing the CEO of the state-run oil company Petrobras and the outlook for emerging markets. Scott Irwin, the Laurence J. Norton Chair of Agricultural Marketing at the University of Illinois, who is an expert in futures and commodity markets, discussed the surge in commodity prices and whether a new supercycle has arrived. KR Sridhar, the founder and CEO of Bloom Energy, spoke about how their technology like hydrogen fuel cells could make a power grid more robust and prevent disasters like the mass blackouts in Texas. Then Rod Alzmann, co-proprietor of GMEDD.com and a long-time Gamestop bull, returned to talk about the resurgence of the meme trade and what changes have happened at Gamestop since its initial surge.See omnystudio.com/listener for privacy information.
27/02/21•24m 40s
The Perfect Storm Comes for the Texas Electrical Grid
This week, Josiah Neeley, the Texas director and resident senior fellow for energy at the R Street institute, spoke about some reforms that could prevent the energy crisis in Texas from happening again. Jason Bordoff, a Columbia Unversity professor and the founding director of the Center on Global Energy Policy, talked about whether the blackouts will impact President Biden's green energy plan. Brett Winton, the director of research at ARK Invest, joined to discuss how the failure of Texas's electrical grid will push people to look more at batteries for storing renewable energy. Then Noah Davis, a post-War and contemporary art specialist at Christie's, outlined the auction house's decision to start accepting cryptocurrencies as payment.See omnystudio.com/listener for privacy information.
20/02/21•28m 22s
What People Get Wrong About Bitcoin's Climate Footprint
This week, Michael Saylor, the MicroStrategy CEO-turned-king of bitcoin treasuries, called upon fellow business executives to avoid the path of financial “serfdom” and outlined a strategy for corporate bitcoin adoption. Nic Carter, the founding partner at Castle Island Ventures, joined to discuss what get people get wrong about bitcoin's climate footprint. Matt Bruenig, founder of the People's Policy Project, came on to talk about Senator Mitt Romney's plan to fight child poverty and the problems he sees with using tax credits to alleviate poverty. Then Claudia Sahm, a former Federal Reserve economist and Bloomberg Opinion columnist, made the case for going as broad as possible with stimulus checks.See omnystudio.com/listener for privacy information.
13/02/21•27m 53s
Checks Are In Right Now
This week, Ken Lewis, the CEO of ApMex, often called the Walmart of precious metals, came on to talk about the record demand he saw for silver as the hoard of Reddit-fueled retail traders discovered the commodity market and drove silver to its highest price in nearly eight years. Adrian Ash, the director of research at BullionVault, a physical gold and silver market for private investors online, also discussed how unprecedented silver's run this week was. Jill Carlson, the co-founder of the Open Money Initiative and principal at the VC firm Slow Ventures, came back on to talk about the future of fintech amid the retail frenzy and the industry's adoption of crypto. Then Samuel Hammond, the director of poverty and welfare policy at the Niskanen Center joined to make the case for Sen. Mitt Romeny's ambitious plan to tackle child poverty by giving direct payments to families and how government checks can be conservative policy.See omnystudio.com/listener for privacy information.
06/02/21•32m 55s
The GameStop Stock Market Slash Mobs are Here to Stay
This week was one like no other with GameStop taking over the markets, internet and zeitgeist and What'd You Miss covered the story from all sides. Benn Eifert, principal and chief investment officer at QVR Advisors, explained the gamma squeeze phenomenon at play. Gabriel Grego, managing partner at Quintessential Capital Management, made the case for short-selling and discussed whether advertising a short position is now a career risk. Howard Lindzon, the co-founder of StockTwits, went thought the online nature of this Reddit-fueled retail frenzy. One of the original GameStop bulls Rod Alzmann, the proprietor of GMEDD.com, made the bullish case for the company and talked about how his theory took off.See omnystudio.com/listener for privacy information.
30/01/21•34m 37s
Quants are Starting to Have to Consider Reddit
Liz Pancotti, a senior advisor at Employ America, joined to discuss President Biden's stimulus plan and the economic challenges ahead for the new administration. Nobel Prize-winning economist and Columbia professor Joe Stiglitz explained why he thinks the White House stimulus package is sufficient enough to ensure that we get back to pre-pandemic levels of output. Conference Board chief economist Dana Peterson went through the biggest issues weighing on the minds of CEOs for the year ahead. Then Corey Hoffstein, the Co-founder and CIO of Newfound Research, joined on the changing market dynamic for quants amid the influx of retail investors.See omnystudio.com/listener for privacy information.
23/01/21•29m 42s
Bitcoin is the Crypto Gateway Drug for Institutions
This week, Jill Carlson, Slow Venture principal and Open Money Initiative co-founder, joined to discuss bitcoin's record start to the year and the influx of institutional money into the space. Julia Coronado, Macropolicy Perspectives president and founder, came on to talk about why some Fed officials fanned talk of tapering bond buying and investor flashbacks to the 2013 taper tantrum. Willy Shih, professor of management practice at Harvard Business School, joined to go through the global chip stock rally triggered by Taiwan Semi's $28 billion spending blitz and the executive shakeup at Intel. Sharyn O'Halloran, Columbia professor of political economy and international and public affairs, joined to talk about whether the Trump administration has created a lasting new normal for the U.S.-China relationship.See omnystudio.com/listener for privacy information.
16/01/21•30m 30s
CEO Spotlight on Chevron's Mike Wirth
This week, Caroline puts the CEO Spotlight on Chevron chairman and chief executive Mike Wirth, who has been with the company since 1982 and at its helm since the beginning of 2018. Wirth discusses his outlook for energy demand and oil prices in the year ahead amid the ongoing pandemic, climate change, balancing their responsibilities to shareholders and the environment, and what the incoming Biden administration means for Chevron.See omnystudio.com/listener for privacy information.
26/12/20•33m 51s
Bitcoin is Becoming an Institutional Asset Class
This week, Exante Data founder and CEO, Jens Nordvig, joined to discuss what he calls "the big myth about money and inflation." Jon Turek, author of Cheap Convexity, offered his maco outlook for markets amid the simultaneous risk-on rally in stocks and breakevens. Zach Maril, the founder of the Knuckleheads Club, who has spent years researching Google's search engine, explained why Google's webcrawler is a natural monopoly and should be regulated as one. Then Seth Ginns, managing partner and head of liquid investments at Coinfund, discussed the increasing institutional interest in bitcoin as the cryptocurrency continues to surge.See omnystudio.com/listener for privacy information.
19/12/20•26m 52s
A Week of Eye-Watering IPOs
This week, Catherine Mealor, an analyst at KBW, came on to talk about what KBW's restoration index says about the road to economic recovery and how dependent it is on further fiscal stimulus. Mark Palmer, a fintech analyst at BTIG, joined to discuss how fintech companies like the Cash App are trying to ride the cryptocurrency wave. Win Thin, the global head of currency strategy at Brown Brothers Harriman, offered his outlook for global FX as emerging markets near record highs. Then Leigh Drogen, the founder and CEO of Estimize, goes through the week of eye-watering IPOs with DoorDash and Airbnb and the impact of such high retail interest in the IPOs.See omnystudio.com/listener for privacy information.
12/12/20•26m 45s
Paul Krugman is Optimistic about a Rapid Economic Recovery
This week, Claudia Sahm, former economist at the Federal Reserve and a contributor to Bloomberg Opinion, joined to discuss President-Elect Biden's economic team. Opal Tometi, one of three co-founders of Black Lives Matter, discussed the direction of the incoming Biden administration. Paul Krugman, Nobel Laureate economist, New York Times columnist and distinguished economics professor in the PhD program at the City University of New York, came on to talk about his outlook for the economic recovery. Then Jed Kolko, the chief economist at Indeed, offered a preview of Friday's jobs report and discussed the tension between headline and core unemployment.See omnystudio.com/listener for privacy information.
05/12/20•34m 28s
The Shortened Trading Week Wasn't Short on Records
This week, Alan Blinder, former vice chairman of the Federal Reserve, member of President Clinton's original Council of Economic Advisers, and Princeton professor, joined to talk about the road ahead for the economic recovery, the new slate of policymakers who will be at the helm of it and whether the Trump administration is trying to make their eventual job more difficult. Columbia Law School professor Kathryn Judge discussed what a Janet Yellen Treasury means for financial regulation. Skanda Amarnath, director of research and analysis at Employ America, took us through the tensions playing out between Treasury Secretary Steven Mnuchin and the Federal Reserve. Then David Wilcox, a former senior adviser to the last three Federal Reserve chairs and current senior fellow at the Peterson Institute for International Finance came on to discuss his new report about the role of generational wealth and economic mobility.See omnystudio.com/listener for privacy information.
30/11/20•30m 43s
12 Million Americans Face a Fiscal Cliff This Christmas
Naufal Sanaullah, macro strategist at EIA Alpha Partners, joined to talk about his outlook for the market and the risks he sees ahead as long-term optimism about a covid-19 vaccine seems to be winning out over short-term fear of renewed lockdowns. Catherine Coley, the CEO of Binance U.S., and Nic Carter, the founding partner at Castle Island Ventures, came on to discuss what is driving the massive bitcoin rally that has pushed the cryptocurrency up to the $17,600 mark, a level reminiscent of the bitcoin craze days of December 2017. Then Employ America senior adviser Liz Pancotti joined to discuss her new report put out by the Century Foundation detailing the upcoming fiscal cliffs twelve million Americans will face this December when additional aid from the first stimulus package is cut off.See omnystudio.com/listener for privacy information.
21/11/20•27m 47s
Big Tech Prepares for Different Joe Biden This Time
This week, longtime emerging markets expert Paul McNamara, investment director at GAM, joined to talk about what was driving EM to its highest levels since 2018. Gigi Sohn, a distinguished fellow at the Georgetown Law Institute for Technology Law & Policy and former counselor for the Federal Communications Commission, came on to discuss why Silicon Valley is bracing for a different Joe Biden this time around in the White House. Jon Turek, the Author of Cheap Convexity blog, explained how investors should be positioning amid the resurgence in covid-19 cases. Then Robin Farley, a consumer cyclical analyst at UBS, joined to discuss the outlook for the cruise industry.See omnystudio.com/listener for privacy information.
15/11/20•37m 23s
Election Day Stretches Into Election Week
This week, Morgan Harper, American Economic Liberties Project senior advisor, joined ahead of election day to talk about Proposition 22 in California and the implications for gig workers. Ursula Burns, the former CEO of Xerox and senior advisor at Teneo, came on to talk about the responsibilities of the private sector in the face of divided government. Guy Lebas, chief fixed income strategist at Janney Montgomery Scott, discussed the outlook for markets amid uncertainty over the election winner. Then Andy Blocker, head of U.S. government affairs at Invesco, joined to talk about what the election outcome means for the prospect of further stimulus.See omnystudio.com/listener for privacy information.
07/11/20•27m 10s
Don't Rule Out a Double-Dip Recession
This week, former New York Federal Reserve president and Bloomberg Opinion columnist Bill Dudley joined to talk about why the Federal Reserve is running out of fire power to fight the economic downturn and why we should not rule out a double-dip recession. Vivien Azer, managing Director and senior Research analyst at Cowen, came on to talk about how this upcoming election is a pivotal moment in the push for legalizing cannabis as states look for innovative ways to make municipal ends meet. Then eBay president and CEO Jamie Iannone joined to react to the company's third quarter earnings and explain his plan to keep their stay-at-home-fueled momentum going and win over Gen Z.See omnystudio.com/listener for privacy information.
31/10/20•22m 48s
CEO Spotlight on Delta's Ed Bastian
This week, Caroline puts the CEO Spotlight on Delta chief executive Ed Bastian and talks to him about leading an airline through the pandemic, his outlook for travel, what he would like to see from the government in terms of further stimulus and how Delta has reacted to the reckoning over racial injustice as Atlanta has found itself at the center of it.See omnystudio.com/listener for privacy information.
24/10/20•34m 46s
Killer Mike is Rebuilding on Rubble with His Own Bank
This week, Michael Render, better known as Killer Mike, the Grammy-winning rapper of the hip-hop duo Run the Jewels, joined to talk about the launch of his digital bank Greenwood. Karl Smith, co-founder of the blog Modeled Behavior, came on to talk about why he thinks Joe Biden is the one to break the impasse in stimulus talks. Former Federal Reserve economist Claudia Sahm explained why she thinks the last real chance for further fiscal relief has already been missed and why the Federal Reserve needs to figure out how to do more to help the economy without Congress. Then Martha Gimbel, senior manager of economic research at Schmidt Futures, joined to talk about the long-term structural changes to the labor market as more workers work from home. See omnystudio.com/listener for privacy information.
10/10/20•34m 3s
Is the Stock Market Really that Disconnected from the Economy?
This week, Tyler Goodspeed, the acting chairman and Vice Chairman of the White House Council of Economic Advisers, joined ahead of jobs day to react to the new consumer data. Arpit Gupta, assistant professor of finance at the New York University Stern School of Business, came on to talk about his new data showing how the pandemic is exasperated existing economic inequality in New York City and making economic mobility even more difficult. Then a What'd You Miss debate tackling one of the biggest cliches of 2020: there is no connection between the stock market and the economy. Nathan Tankus, research director of the Modern Money Network and publisher of the newsletter "Notes on the Crises" joined to put the adage to the test and explain why he thinks there is less disconnect than people think. Then Bloomberg Opinion columnist Nir Kaissar came on to offer the other side of the debate and explain why the idea is a cliche for a good reason.See omnystudio.com/listener for privacy information.
03/10/20•29m 25s
Wall Street Gears Up For Election Risk
This week, Michael Purves, the founder and CEO of Tallbacken Capital, joined to talk about how a Supreme Court fight became a market event. University of Oregon economics professor Tim Duy came on to discuss the economic collateral damage of no further fiscal stimulus. J.W. Mason, Roosevelt Institute fellow and City University of New York associate economics professor, joined to explain his new study about what we can learn from the economic mobilization during World War II and how it can be applied to both the ongoing climate emergency and the coronavirus crisis. Then Chris McGratty, the Head of U.S. Bank Research at KBW, came on to talk about what is dragging regional banks down.See omnystudio.com/listener for privacy information.
27/09/20•30m 38s
Download TikTok and WeChat While You Still Can
This week, Jeff Korzenik, chief investment strategist at Fifth Third Bank joined to talk about connecting the Federal Reserve's theoretical policymaking with its real-world impact on the economy. Frederik Ducrozet, strategist at Pictet Wealth Management, came on to discuss the outlook for Europe's economy, the return of Brexit and the real possibility of negative rates in the U.K. Paul Halpern, former CFIUS Director at the Department of Defense and Halpern Analytics founder, joined to talk about the Trump administration moving to ban TikTok and WeChat from U.S. app stores. Then David Hanke, a leading national security and public policy lawyer for domestic and foreign companies and partner at Arent Fox, joined to talk about the impact of the U.S.-China tech cold war on heightened scrutiny for international deals.See omnystudio.com/listener for privacy information.
19/09/20•30m 37s
Big Tech's Stay-at-Home Rally Turns into a Rout
This week, Ursula Burns, the former CEO of Xerox and current senior advisor at Teneo, joined to talk about her work leading the Board Diversity Action Alliance and why she thinks corporate leaders should be speaking out even more on societal issues. Leigh Drogen, the founder and CEO of the open financial estimates platform Estimize, came to on to talk about how big tech's stay-at-home rally turned into a rout this week and if valuations are really that far off for the sector. Then Exante Data Founder and CEO, Jens Nordvig, joined to discuss the state of the global recovery and whether there is a clear data correlation coronavirus cases and economic indicators.See omnystudio.com/listener for privacy information.
12/09/20•38m 19s
New Jersey's Plan to Give Every Baby $1,000
This week, Darrick Hamilton, the Henry Cohen Professor of Economics and Urban Policy at The New School, and Naomi Zewde, an assistant professor in the Graduate School of Public Health and Health Policy at City University of New York, joined to talk about New Jersey Governor Phil Murphy’s baby bonds plan and how it could start to close the racial wealth gap. Viral Acharya, former Deputy Governor of the Reserve Bank of India and NYU economics professor, came on to offer a global economic outlook ahead of jobs day and give his grade for global central bankers. Then Matt Kalish, Draftkings's Co-Founder and President for North America, joined to talk about the company’s new deal with NBA legend Michael Jordan and the Chicago Cubs. See omnystudio.com/listener for privacy information.
05/09/20•33m 45s
The Fed Has a Credibility Issue on Inflation
This week, Diane Swonk, Grant Thronton chief economist, joined to discuss Federal Reserve Chairman Powell's policy shift to let inflation and employment run higher and whether the central bank could feasibly achieve the new policy goal. Srinivas Thiruvadanthai, research director for the Jerome Levy Forecasting Center, came on to talk about the Center's new report on just how unequal the recovery has been between large corporations and small businesses. Erica Groshen, former Commissioner of the U.S. Bureau of Labor Statistics, discussed the wave of corporate layoffs announced this week. Then Anastasia Seebohm, CEO of the global members-only concierge company Quintessentially Group, came on to talk about how the luxury market is fairing amid the downturn and adapting to the new pandemic reality.See omnystudio.com/listener for privacy information.
29/08/20•31m 58s
Expect a Choppy Recovery for Everything but Big Tech
Salil Parekh, the CEO of Infosys, one of the largest IT outsourcing companies in the world, joined to talk about how he has handled business being battered by the pandemic and changing immigration policies across the west which have forced the company to pivot to hiring local talent, as opposed to bringing IT consultants from India. Then Chris Ailman, the chief investment officer at CalSTRS, discussed why he thinks the current market is not sustainable and a choppy recovery is coming for everything but big tech as well as how climate change risks affect his investment decisions.See omnystudio.com/listener for privacy information.
22/08/20•34m 53s
Kodak's Short-Lived Pivot to Pharma
This week, Crunch Worldwide CEO Jim Rowley joined to talk about the toll the pandemic has taken on his workforce, his push to safely reopen and why Peleton won't be the end of gyms. The new OpenTable CEO Debby Soo came on to discuss why she is confident that consumer demand will return despite the company's recent data predicting one in four U.S. restaurants will go out of business. Indi Dutta-Gupta, co-executive director of the Georgetown Center on Poverty and Inequality, explained how to institute policy to enable the U.S. economy to recover, but in a more inclusive way. Then Adam Boehler, CEO of the U.S. International Development Finance Corporation, joined to talk about the agency's intended $765 million loan to Kodak, which is now on hold amid an investigation into potential insider trading.See omnystudio.com/listener for privacy information.
15/08/20•29m 18s
Don't Expect August to Be Kind to Markets or the Labor Market
This week, Mona Mahajan, U.S. investment strategist at Allianz Global Investors, joined with her outlook - discussing whether the massive outperformance from tech stocks is justified and why she is expecting August to bring more risks and volatility for markets. Tiffany Wilding, U.S. economist at PIMCO, came on to react to the jobless claims and explain why the V-shaped recovery in April and May won't last. Sonos CEO Patrick Spence joined after the company's earnings and said why he is confident of the company's supply chain shift and expects his IP case against Google will go as planned. Then Mark Urquhart, Baillie Gifford partner and fund manager for its Long-Term Global Growth Equity Fund, which has beaten 99% of its peers in three-year annual returns and is currently up 37 percent year-to-date, had a wide-ranging conversation with Caroline about his two decades of experience investing in China and whether the fund's winning formula with big bets on Netflix, Amazon and Tencent, is here to stay.See omnystudio.com/listener for privacy information.
08/08/20•49m 27s
The Fed is the Only Game in Town
This week, Nick Maroutsos, head of global bonds at Janus Henderson, offered his outlook ahead of the Federal Reserve's rate decision. Nick told us why he thinks the Fed is "the only game in town" as investors are looking past grim economic data and driving up the market knowing the Fed if there to backstop it. Win Thin, global head of currency strategy at Brown Brothers Harriman, joined to talk about why he thinks "all the stars are aligned against the dollar right now." Mehrsa Baradaran, Associate Dean for Diversity, Equity and Inclusion at the University of California Irvine Law School and the author of "The Color of Money" came on to talk about Joe Biden joining calls for the Federal Reserve to expand their dual mandate to factor in racial economic equity and how much impact the central bank can have on income inequality. Then Dina Srinivasan, a fellow at Yale's Thurman Arnold Project, who has authored the papers “The Antitrust Case Against Facebook” and "Why Google Dominates Advertising Markets" joined after the tech hearings on Capitol Hill to talk about whether the four CEOs really walked away from Congress relatively unscathed like the market reaction implied.See omnystudio.com/listener for privacy information.
01/08/20•30m 17s
State Budget Virus Shortfalls Could Be Saved by Cannabis
Boris Jordan, Curaleaf executive chairman, joined to talk about how our stay-at-home reality is delivering a boost to the cannabis industry with increased demand and more states considering recreational marijuana for revenue amid budget shortfalls, and what a Biden administration could mean for the sector. Entertainment mogul Steve Stoute, founder and CEO of UnitedMasters and Translation, came on to discuss his plan to upend the music industry by giving artists 100 percent royalties and how the entertainment industry is evolving without live events. Howard University President Dr. Wayne Frederick explained why the school's $209 million debt sale drew so much investor attention, the opportunity for HBCUs amid the push for racial equity, and the uncertainty facing colleges over the fall semester. Then Mooky Greidinger, the CEO of Cineworld, the parent company of Regal Cinemas, joined to discuss his plans to safely reopen theaters and why he thinks consumers will return for the in-person movie experience.See omnystudio.com/listener for privacy information.
25/07/20•32m 50s
The U.S. Economy Depends on Kids This Fall
This week, Analog Devices CEO Vincent Roche joined to discuss his $21 billion dollar chip deal to acquire rival Maxim and where he is seeking to gain scale with the combined company. George Pyne, founder and CEO of Bruin Sports Capital, came on to talk about Dan Snyder's decision to retire the Redskins name from the Washington NFL team after years of refusing to entertain the idea and what it could mean for the team's hopes for a new stadium. Michael Chertoff, former U.S. Secretary of Homeland Security under President George W. Bush and current executive chairman of The Chertoff Group, went through this week's high profile hacks with Twitter's worst security breach ever and the news that Russian intelligence is working to steal crucial COVID-19 vaccine research. Then Emily Oster, Brown University economics author and best-selling author of parenting books, "Expecting Better" and "Crib Sheet" talked about the data around children, coronavirus and school reopenings and why the U.S. economy depends on what happens to kids this fall.See omnystudio.com/listener for privacy information.
18/07/20•28m 21s
Rob Arnott Thinks We're in a Bubble, but Betting Against It is Dangerous
This week, Chris Ailman, the CIO at CalSTRS, joined to discuss valuations, why he thinks the biggest election risk is a contested result and what he thinks about the recent top-heavy market rally. Nobel Laureate and Yale economics professor Robert Shiller came on to talk about the state of the U.S. housing market and his concerns about price drops over the next year. Then Rob Arnott, the chairman and co-founder of Research Affiliates, joined with insight on tech's out performance over the broader market.See omnystudio.com/listener for privacy information.
11/07/20•30m 14s
Paul Krugman Thinks the U.S. Economy is "In Big Trouble"
This week, Nick Clegg, Facebook vice president for global affairs and communications, joined to react to the growing number of companies joining the advertising boycott of Facebook over charges the platform is not doing enough to quell hate speech. Nobel Laureate Paul Krugman spoke with Joe ahead of jobs day about resurgence of COVID infections, how government programs to fight the subsequent economic downturn have played out in practice and why he thinks the U.S. economy "is in big trouble." Then Caroline put the CEO Spotlight on Dow's Jim Fitterling with a wide-ranging interview about how the company is faring amid the pandemic, his pledge to go carbon neutral by 2050, and how coming out to his workforce and serving as one of the few openly gay CEO's in corporate America has informed his vision of workplace diversity and inclusion.See omnystudio.com/listener for privacy information.
04/07/20•1h 1m
Tristan Walker on How Brands Can Be a Force for Good
This week, Tristan Walker, the founder and CEO of Walker and Company Brands, joined to talk about being named to Shake Shack's board and his experience as an African-American founder and executive in Silicon Valley. Tina Tchen, the president and CEO of TIME'S UP Now and the TIME'S UP Foundation, came on to discuss expanding their mandate beyond battling sexual harassment to pushing for greater diversity and inclusion in the workplace and holding companies accountable. Kara Hurst, Amazon's head of worldwide sustainability, joined to talk about the company's $2 billion dollar Climate Pledge Fund to invest in sustainable and de-carbonizing technologies. Albertsons President and CEO Vivek Sankaran joined to talk about the grocery chain's IPO and going public in a volatile market.See omnystudio.com/listener for privacy information.
27/06/20•34m 59s
The Cheap Drug Showing Major Promise to Treat Covid-19
This week, Bill Bratton, the former police commissioner for Boston, Los Angeles and New York City, joined to discuss the federal efforts to reform police. James Norman, CEO and co-founder of Pilot.ly and partner at Transparent Collective, came on to talk about his experience as a black executive and founder in Silicon Valley and how the technology industry needs to change to achieve greater racial equity. Dr. William Haseltine, who pioneered the first HIV/AIDS treatment and developed the first drugs based on the human genome while at Harvard Medical School, explained the cheap, widely available drug showing major promise to treat Covid-19. Then United Chief Communications Officer and former White House press secretary Josh Earnest came on to talk about the airline's efforts to revive the summer travel season and how the private sector can enact policies to fight racial inequality.See omnystudio.com/listener for privacy information.
21/06/20•29m 46s
Corporate Diversity Starts in the Board Room
This week, Ursula Burns, the former CEO of Xerox and first African-American woman to serve as CEO for a Fortune 500 company, discussed how companies should be responding to racial inequity and why she thinks the rhetoric from the Trump administration needs to be offset by real action from the private sector. Bozoma Saint John, chief marketing officer at Endeavor, and Stacey Bendet, founder of fashion label Alice + Olivia, spoke about the social media movement #ShareTheMicNow, which is seeking to amplify the voices of Black women via the Instagram platforms of famous white women in Hollywood, fashion, and politics. Dan Fuss, renowned bond fund manager and vice chairman at Loomis Sayles, came on ahead of the Fed decision to talk about why he thinks low rates are here to stay. Then Paul Hennessy, CEO of online auto sales platform Vroom, joined the day his company went public to discuss the IPO and whether the pandemic will permanently alter consumer behavior.See omnystudio.com/listener for privacy information.
13/06/20•43m 1s
Why Roger McNamee Thinks AI Won't Succeed on Facebook
Larry Ivory, the chairman of the National Black Chamber of Commerce, joined to talk about public policy changes that can be made to close the racial wealth gap and enable minority businesses. Roger McNamee, the managing director of Elevation Partners and an early investor in Facebook, came on to talk about Mark Zuckerberg's decision to leave controversial posts by President Trump about the protests on the platform. Catherine Mann, global chief economist at Citi and the former chief economist at the OECD, offered an outlook ahead of the jobs report. Then ZoomInfo CEO Henry Schuck joined the day of his company's IPO to talk about going public amid a pandemic.See omnystudio.com/listener for privacy information.
06/06/20•29m 5s
Best and Worst Case U.S.-China Scenarios for Investors
This week, Bonnie Glaser, senior adviser for Asia and the director of the China Power Project at CSIS joined to talk about President Trump intensifying his confrontation with China while Beijing takes further steps to cub Hong Kong's autonomy. Win Thin, global head of currency strategy at Brown Brothers Harriman, discussed how the rising tensions between Washington and Beijing are weighing on currency markets and the best and worst case scenarios for investors. Sean Casey, vice president for business development at Atlas Space Operations and co-founder of the Silicon Valley Space Center, joined right after SpaceX 's historic launch was delayed to talk what needs to happen to ensure a safe mission and the future of space exploration. Then Adam Ozimek, the chief economist at Upwork, came on to talk about his new report investigating the potential long term impacts of the work from home shift on the labor market.See omnystudio.com/listener for privacy information.
30/05/20•26m 8s
There's Never Been a Better Time to be on an Ivy League Waitlist
This week, Scott Galloway, NYU Stern School of Business marketing professor, best-selling author and avid podcaster, joined to discuss how the pandemic is exposing and exasperating existing problems within higher education and whether rising tuition costs are approaching moral hazard. The CEO of Porsche Cars North America Klaus Zellmer talked about how the company is adapting to the pandemic, including digital purchases of vehicles. Jesper Koll, the CEO of Wisdom Tree Investments in Japan offered some ETF Intelligence about what to expect as the Federal Reserve moves into ETF purchases and how it compares to the Bank of Japan's playbook. Then Darrin Williams, the CEO of Southern Bancorp, came on after his panel with Fed Chairman Jay Powell at a virtual Fed Listens event, to discuss the effect of stimulus programs in his community and what more is needed to provide economic stability.See omnystudio.com/listener for privacy information.
23/05/20•27m 10s
Expect a Square Root Recovery, Not a V-Shaped One
This week, Christopher Ailman, the chief investment officer at CALSTRS, the California state teachers retirement system, came on to talk about the FOMO rally and why he thinks the recovery will look more like a square root than a V-shape. Richard Haass, the president of the Council on Foreign Relations, joined to talk about his new book The World: A Brief Introduction and the new cold war between the U.S. and China. Then former Minneapolis Fed President and Bloomberg Opinion columnist Narayana Kocherlakota explained why he thinks the Federal Reserve is "being a drag."See omnystudio.com/listener for privacy information.
16/05/20•38m 23s
The Economic Consequences of No Political Middle Ground
This week, PGIM CEO David Hunt came on to talk about decoupling between the economy and the stock market and what he calls "the economic consequences of no political middle ground." Michael Dowling, the CEO of Northwell Health, New York City's largest health system and largest private employer, discussed what he would need to see for New York to safely reopen. Hamid Moghadam, the chairman and CEO of Prologis, explained how global supply chains will evolve post-pandemic. Then Wendy Cutler, a former senior U.S. trade official and Asia Society vice president, joined to talk about what President Trump's criticism of Beijing over coronavirus means for U.S.-China trade relations.See omnystudio.com/listener for privacy information.
09/05/20•28m 54s
A Tale of Two Central Banks
This week, Jersey Mike's founder and CEO Peter Cancro joined to talk about the looming meat shortages and the impact on the food supply chain for restaurants. Scott Minerd, Guggenheim Global chief investment officer, came on to offer his immediate reaction to the Federal Reserve's rate decision. Nick Maroutsos, co-head of global bonds at Janus Henderson, explained why this week was a tale of two central banks and why he thinks "the ECB has its head in the sand." Then Ken Feinberg, attorney and former Special Master for both the TARP Executive Compensation and the September 11th Victim Compensation Fund, came on to discuss the U.S. government's response to the Covid-19 crisis.See omnystudio.com/listener for privacy information.
02/05/20•33m 6s
The Week Oil Went Negative
This week, Nobel Laureate economist Paul Krugman spoke with Joe and explained why he thought the federal government’s fiscal response to the coronavirus pandemic has been “way insufficient” so far. Rob Arnott, chairman and co-founder of Research Affiliates, joined to talk about oil's historic week. Yossi Sheffi, professor of engineering systems and director of Center for Transportation at MIT, discussed the impact on the oil market's supply chain. Then "the Godfather of ETFs" Reggie Browne, principal at GTS , came on to talk about the turmoil in USO and the future of the space.See omnystudio.com/listener for privacy information.
25/04/20•30m 34s
Silence in the Stands: The Sports Industry's New Reality
This week, George Pyne, founder and CEO of Bruin Sports Capital, joined to talk about how the sports economy is adjusting to its new reality and preparing for a possible return without fans. Jens Nordvig, founder and CEO of Exante Data, discussed what the data shows about Sweden's controversial approach to fighting the coronavirus outbreak. Adam Pritzker, founder and CEO of Assembled Brands, came on to talk about his work ensuring small businesses receive their loans from the federal government. Then Columbia Law School professor Kathryn Judge explained why she thinks the government intervention to shield big companies from the pandemic will give rise to moral hazard.See omnystudio.com/listener for privacy information.
18/04/20•27m 37s
The U.S. Taxpayer is Literally Bailing Out Gamblers
This week, Cowen CEO Jeff Solomon joined to offer his read on financial markets and the recovery in risk assets.Tina Fordham, head of global political strategy at Avonhurst, came on to talk about what Prime Minister Boris Johnson's stay in the ICU meant for the day-to-day running of the U.K. Allstate CEO Tom Wilson explained why he decided to return some money to his customers as stay-at-home orders keep them off the roads. Then noted short-seller Jim Chanos, president and founder of Kynikos Associates, joined for a wide-ranging interview on everything from his Tesla short and the end of the gig economy as we know it to U.S. taxpayers bailing out professional gamblers.See omnystudio.com/listener for privacy information.
11/04/20•44m 52s
Ex-JPMorgan Risk Czar Sniffs Out a Covid-19 Test
This week, best-selling author and Bloomberg Opinion columnist Michael Lewis joined to talk about a Wall Street risk veteran that might have a theory to track the coronavirus outbreak. PIMCO global economic adviser Joachim Fels came on to offer his outlook for how the global economy can transition from near-term pain to gradual healing. Then Ian Bremmer, president of the Eurasia Group and G-Zero Media, discussed how the pandemic could fundamentally alter the geopolitical landscape.See omnystudio.com/listener for privacy information.
04/04/20•29m 53s
How Medicare For All Could Serve as an Automatic Fiscal Stabilizer
This week, FedEx President & COO Raj Subramaniam joined to talk about about how the company is grappling with increased shipping demand while keeping their employees safe. Nathan Tankus, a research Director for the Modern Money Network, explained how a Medicare for all policy could serve as an automatic fiscal stabilizer for the U.S. economy. George Pyne, the founder & CEO of Bruin Sports Capital, went through the bottom line impact of the Olympics getting delayed. Then Curaleaf Executive Chairman Boris Jordan came on to talk about the company gaining essential service designation to stay open amid the pandemic and how demand has been impacted.See omnystudio.com/listener for privacy information.
28/03/20•20m 34s
Wall Street's Most Volatile Week Ever
This week was one for the history books for financial markets. Scott Minerd, global chief investment officer at Guggenheim and Jeffrey Rosenberg, senior portfolio manager for systematic fixed income at Blackrock, joined together to talk about the economic fallout from coronavirus and what governments and central bankers should do to respond. Diane Swonk, chief economist at Grant Thornton, came on alongside Nick Maroutsos, global head of bond at Janus Henderson, to offer their thoughts on potential policy prescriptions to offset the impact. Then Yossi Sheffi, engineering systems professor and head of the transportation center at MIT, went though how to expand the capacity of the U.S. health care system and how necessary activities like grocery shopping can be done more safely amid the outbreak.See omnystudio.com/listener for privacy information.
21/03/20•55m 21s
Stocks Drop Most Since Black Monday, Surge Most Since 2008
This week, U.S. stocks suffered the most since the Black Monday crash of 1987 on coronavirus fears before surging at the Friday close with the biggest rally since 2008. Dr. Amesh Adalja, senior scholar at the Johns Hopkins University Center for Health Security, joined with a public health perspective on the outbreak. Former Federal Reserve Vice Chairman Alan Blinder and New York Fed President Bill Dudley came on to discuss how central bankers were responding to the crisis. Then Henrietta Treyz, director of economic policy research at Veda Partners, gave an outlook on the prospect for the stimulus package making its way through Congress.See omnystudio.com/listener for privacy information.
13/03/20•28m 46s
Coronavirus Puts Wall Street on Notice
This week, Deutsche Bank Chief International Economist Torsten Slok joined to discuss the Federal Reserve issuing an emergency rate cut in an effort to offset the coronavirus impact. New York Times columnist Nicholas Kristof and his wife Sheryl Wudann sat down to talk about how the virus has exposed institutional weaknesses and their new book "Tightrope: Americans Reaching For Hope." Then Katherine Baicker, University of Chicago Harris School of Public Policy Dean and former member of the President's Council of Economic Advisers, came on to talk about Medicare-For-All.See omnystudio.com/listener for privacy information.
07/03/20•26m 30s
Coronavirus May Be the Worst Thing Scott Minerd's Ever Seen
This week, Guggenheim Global Chief Investment Officer Scott Minerd, who oversees $215 billion in assets under management, joined to discuss why the coronavirus may be the worst thing he's ever seen in his career, and why the Fed has few tools to combat the outbreak. Then Yossi Sheffi, MIT Professor of Engineering Systems and the Director of the MIT Center for Transportation, came on to talk about the impact of the coronavirus on supply chains.See omnystudio.com/listener for privacy information.
29/02/20•36m 42s
Will the Coronavirus Cause a Recession?
This week, Hans Humes, chariman, CEO & founding partner at Greylock Capital joined to talk about why the coronavirus concerns weren't showing up in typical risk assets and how Argentina can get back to a sustainable debt load. Eswar Prasad, senior fellow at the Brookings Institution, came on to discuss whether the coronavirus outbreak will cause a recession. Then Curaleaf CEO Joseph Lusardi went through Curaleaf's recent acquisition of vaping company Select and how he thinks the cannabis market can get its groove back.See omnystudio.com/listener for privacy information.
21/02/20•26m 54s
Could Coronavirus Impact the Global Food Supply?
This week, Matthew Wadiak, co-founder of Blue Apron and the founder and CEO of Cooks Venture, joined to discuss the impact of coronavirus and other pandemics on the global food supply. Scott Kennedy, senior adviser in Chinese business and economics at CSIS, went through the potential economic impacts of the coronavirus. Andrew Karolyi, distinguished professor of management at Cornell, came on to talk about Wall Street attempting to live up to its sustainability promises. Then Mahisha Dellinger, the founder of CURLS, a natural hair care brand, sat down with Scarlet to talk about how we can get more African-American female entrepreneurs to the one-million dollar mark.See omnystudio.com/listener for privacy information.
15/02/20•26m 41s
Why the #YangGang Could Outlive Andrew Yang's Campaign
This week, Joe traveled to Des Moines to sit down for a wide-ranging interview with Democratic Presidential Candidate Andrew Yang ahead of the Iowa Caucuses, hitting everything from the coronavrius outbreak and Federal Reserve to why bitcoin fans have joined the #YangGang. Briahna Joy Gray, national press secretary for Sen. Bernie Sanders's presidential campaign, joined to discuss the Sanders surge ahead of Iowa and running against President Trump amid record-low unemployment. Then Scarlet sat down with Bing Chen, co-founder and chairman of Gold House, to talk about his work using Asian creative leaders to increase representation of Asians onscreen.See omnystudio.com/listener for privacy information.
31/01/20•30m 53s
How Hard Seltzer Became the Light Beer for Millennials
This week, Neil Dutta, head of U.S. economics at Renaissance Macro Research joined to discuss whether recent economic data justifies the market's strong start to the year. Cowen Chairman and CEO Jeffrey Solomon came on for a wide-ranging conversation hitting everything from his market outlook to marketing to Gen Z. Rhino co-founder and chairman Ankur Jain explained how his startup is working to end the U.S. housing crisis by providing alternatives to upfront deposits. Then Boston Beer Company CEO Dave Burwick joined to discuss why one of the country's largest craft brewers is making a big bet on hard seltzer.See omnystudio.com/listener for privacy information.
25/01/20•27m 2s
What Life Could've Been Like Under Chairman Warsh
This week, Stefan Selig, the former Under Secretary of Commerce for International Trade under President Obama, took us through the phase-one trade deal. Alyse Killeen, managing partner of StillMark, a Bitcoin-focused venture capital firm, and one of the first venture capitalists to participate as an institutional investor in the space, offered her crypto outlook for 2020. Federal Reserve historian and Wharton professor Peter Conti-Brown joined to discuss his twitter fight with Minneapolis Fed President Neel Kashkari and why he thinks the Fed should not be pushing for political change. Then Sam Bell, founder and policy director at Employ America, came on to talk about President Trump appearing to regret passing over former Federal Reserve governor Kevin Warsh in favor of Jay Powell for the top job at the Fed, and what life could have looked like under a Chairman Warsh.See omnystudio.com/listener for privacy information.
17/01/20•25m 11s
It Was a Great Decade for Investors, Not the Economy
This week, a number of executives joined from the Consumer Electronics Show. Qualcomm President Cristiano Amon discussed the company's chips and software for autonomous vehicles. Quibi Founder Jeffrey Katzenberg and CEO Meg Whitman talked about their plans to stand out in a crowded content space. Delta CEO Ed Bastian highlighted the airline's digital concierge. Then Joachim Fels, managing director and global economic advisor at PIMCO, came on to offer his outlook for global growth and explain why this this past decade was a great one for investors, but not the economy. See omnystudio.com/listener for privacy information.
10/01/20•26m 54s
CEO Spotlight on 3M's Michael Roman
This week, Caroline interviews 3M Chief Executive Michael Roman as part of our CEO Spotlight series. The Minnesota-based manufacturer makes everything from post-it notes to touchscreen displays and is not shying away from big acquisitions despite a difficult past year. Roman hinted at new deals to come and discussed his outlook for the macro environment.See omnystudio.com/listener for privacy information.
03/01/20•36m 28s
CEO Spotlight on Qualcomm's Steve Mollenkopf
This week, Caroline Hyde sat down with Qualcomm Chief Executive Steve Mollenkopf for a wide-ranging interview as part of our CEO Spotlight Series. Mollenkopf discussed the race for 5G, the surprising ways it will be used beyond phones as well as how the company is managing antitrust pressures and maintaining a culture of innovation.See omnystudio.com/listener for privacy information.
27/12/19•30m 13s
The Most Successful Streaming Service You've Probably Never Heard Of
This week, Win Thin, the global head of currency strategy at Brown Brothers Harrimanm, joined to discuss the pound erasing its post-election rally once the threat of a no-deal Brexit was back on. Curiositystream CEO Clint Stinchcomb talked about how the science and nature-focused streaming service he runs is beating ESPN+ and HBO Now in subscribers. Deutsche Bank chief economist Torsten Slok discussed life after Mark Carney at the Bank of England. Then Checkr CEO Daniel Yanisse joined to talk about how his company is using technology to improve biases in hiring and help people with criminal records get back to work. See omnystudio.com/listener for privacy information.
20/12/19•32m 9s
Warren Accuses Michael Bloomberg of ‘Buying the Election’
This week, Joe sits down with Democratic Presidential candidate Elizabeth Warren to talk about the wealth tax, her plan for trade with China, and Michael Bloomberg's entrance to race. Christopher Ailman, CalSTRS Chief Investment Officer, joined to discuss his push for technology companies to end dual class stock structures after seven years. Then David Woo, Head of Global Rates and Currencies Research at Bank of America Merrill Lynch, came on to talk about why China is worried that Bernie Sanders and Elizabeth Warren could be tougher on trade than President Trump and offer his top trades of 2020.See omnystudio.com/listener for privacy information.
06/12/19•33m 6s
CEO Spotlight on Allergan's Brent Saunders
This week, Caroline Hyde sat down with Allergan Chief Executive Brent Saunders for a wide-ranging interview as part of our CEO Spotlight Series. Saunders discussed high drug prices, selling Allergan to rival AbbVie for $63 billion, why his best career decision was taking a "huge" pay cut and what's coming next for him after the AbbVie deal.See omnystudio.com/listener for privacy information.
29/11/19•33m 12s
Coworking Life After Adam Neumann
This week, Eduard Shepman, founder & CEO of Tribes Inspiring Workplaces, a European WeWork competitor, joined to talk about the coworking industry after Adam Neumann. Perth Tolle founder of Life and Liberty Indexes, discussed Republican Senator Marco Rubio's public fight with MSCI and how people can better gauge the human rights implications of their investments. Scarlet spoke exclusively with Carole Ghosn, the wife of Carlos Ghosn to hear about her push for her husband to face trial in France one year after his arrest in Japan.Then we discussed this week's protests in Hong Kong and the push from U.S. lawmakers to support the demonstrators. Michael Hirson, practice head of China and Northeast Asia at the Eurasia Group, talked about the impact it all could have on U.S.-China trade negotiations. Then Rory Green, China economist at TS Lombard, and Damian Sassower, chief emerging market credit strategist at Bloomberg Intelligence, talked about how markets were digesting the unrest and what impact it is having on the city's economy.See omnystudio.com/listener for privacy information.
22/11/19•37m 49s
The Streaming Wars Gain a New Villain
This week, Pierre Debbas, managing partner at Romer Debbas, joined to talk about the 2020 election's impact on the real estate market. Michelle Girard, chief U.S. economist at Natwest Markets, broke down Fed Chair Powell's testimony to Congress. Michael Morris, senior managing director at Guggenheim Securities, discussed the highly anticipated (and slightly glitch-filled) rollout of Disney+. Then Scarlet sat down with Kendall Coyne Schofield, captain of the U.S. Women's National Hockey Team and an Olympic Gold Medalist, to talk about her fight for a professional women's ice hockey league that pays a living wage.See omnystudio.com/listener for privacy information.
15/11/19•25m 4s
Bruce Linton's Next Act in Cannabis South of the Border
This week, Peleton CEO John Foley joined after the company reported first quarter earnings and explained how he plans to stay focused on growth over profitability and convince Wall Street to like it. Jamaica Stock Exchange Managing Director Marlene Street-Forrest came on to talk about how the island has improved upon their 2018 record as the world's best performing benchmark. Bruce Linton, the founder of Canopy Growth, talked about his new job as Executive Chairman of Vireo, a U.S. medical cannabis company, and how it differs from working in the Canadian industry. Then Scarlet spoke with Major League Baseball Vice President Billy Bean about his journey as the one of the first openly gay MLB players to his work launching the LGBTQ 100 ESG Index.See omnystudio.com/listener for privacy information.
08/11/19•29m 36s
Jack Dorsey's Ultimate Subtweet
This week, Scarlet sat down with San Francisco 49er's President Al Guido to talk about their new perks for season ticket holders and the team's undefeated season. Alberto Ramos, the head of Latin America economic research at Goldman Sachs, came on ahead of the Argentine election results to discuss the impact as well as the growing protests in Chile. Then in an exclusive interview, Caroline spoke with Facebook COO Sheryl Sandberg about the company's strong third quarter earnings and decision to not fact-check political ads.See omnystudio.com/listener for privacy information.
01/11/19•26m 35s
Retail Isn't For the Faint of Heart or Public Markets
This week, U.S. Women's National Team soccer players Ashlyn Harris and Ali Kreeger sat down with Scarlet to talk about their fight for equal pay. Under Armour CEO Kevin Plank and its current President & COO and incoming CEO Patrik Frisk talked with Caroline about the change of guard at the sportswear brand. Marc Cooper, CEO of PJ Solomon, joined to discuss Hudson's Bay decision to go private. Then Katharina Pistor, a comparative law professor at Columbia Law School and the director of the Center on Global Legal Transformation at Columbia, came on to talk about Mark Zuckerberg's Congressional testimony and what about Libra most concerns her.See omnystudio.com/listener for privacy information.
25/10/19•37m 31s
What Richard Branson Will Be Wearing in Space
This week, Richard Branson joined to unveil the next generation of spacesuits that Virgin Galactic made in partnership with Under Armour for their future private astronauts. Grayscale Managing Director Michael Sonnenshein joined to discuss their record third quarter asset raise and why increased interest from institutional investors hasn't lead to more robust prices in crypto assets. Jacksonville Jaguars owner Shad Khan came on to talk about his latest investment project and how his teams are doing. Then New Markets Media & Intelligence Founder & Managing Editor Gavin Serkin discussed the brief cease-fire in Syria.See omnystudio.com/listener for privacy information.
18/10/19•27m 57s
CEO Spotlight on Dow's Jim Fitterling
This week, Caroline Hyde sat down with Dow CEO Jim Fitterling as part of our CEO Spotlight Series. Then Scarlet Fu spoke with Tina Tchen, the former chief of staff to First Lady Michelle Obama and new CEO of the advocacy group Time's Up, about the next steps for the #MeToo movement and how more data can make workplaces safer and more equitable places.See omnystudio.com/listener for privacy information.
11/10/19•42m 30s
The "Bubble or Nothing" Economic Outlook
This week, Craig Wiggins, Managing Director of TheCannalysts, joined to discuss the impact of of cannabis legalization in Canada one year later with a recap and look ahead. Alan Baum, auto analyst at Baum & Associations, recapped the September auto sales and Tesla 3Q delivery numbers. David Levy, the chairman of the Jerome Levy Forecasting Center, came on to talk about this busy week in economic data and his why his outlook for the U.S. economy is "Bubble or Nothing." Then Scarlet sat down with Gloria Feldt, the former president & CEO of Planned Parenthood and co-founder of the organization Take the Lead, to talk about her new imitative to propel women into leadership positions across the public and private sectors by 2025.See omnystudio.com/listener for privacy information.
04/10/19•33m 48s
CEO Spotlight on IBM's Ginni Rometty
This week, Caroline Hyde puts the CEO Spotlight on IBM Chief Executive Ginni Rometty and sits down with her for a wide-ranging interview. Rometty explains her big bet on the hybrid cloud and why she sees Amazon and Microsoft as allies, not rivals. Rometty also discusses this past year's techlash, the prospect of regulation for the sector and the important role of responsible stewardship for technology CEOs.See omnystudio.com/listener for privacy information.
27/09/19•34m 12s
The Rise of VSCO Girls
This week, VSCO co-founder & CEO Joel Flory came on to explain one of Generation Z's favorite apps to Gen X and talk about the rise of "VSCO girls." Barrick Gold CEO & President Mark Bristow joined from the Denver Gold Forum to discuss the outlook for the company and the precious metals market. Former Fannie Mae CEO Tim Mayopoulos discussed the positive signs for the U.S. housing market. Then Cartica Management CEO & Co-Founder Teresa Barger came on to talk about Argentina's record quarterly recession stretch and whether emerging markets can rebound from a rough year.See omnystudio.com/listener for privacy information.
20/09/19•26m 40s
Rewriting Economics Textbooks with Negative Rates
This week, Dartmouth College Economics Professor Danny Blanchflower broke down the unprecedented ECB revolt over QE and the end of the Draghi era. Labor Economist and University of California Berkeley Professor Harley Shaiken discussed the growing threat of a GM strike. Barnard College President Sian Beilock came on to talk about the unprecedented number of female presidential candidates. Then, Agnes Pannier-Runacher, French Minister of State for the economy, joined to talk about the state of the French economy. See omnystudio.com/listener for privacy information.
13/09/19•28m 13s
The U.K.'s "Political Nervous Breakdown"
This week, Allstate CEO Thomas Wilson joined to discuss preparations for Hurricane Dorian and how the corporate world can save capitalism. Citigroup Chief global political analyst Tina Fordham came on to talk about the Tory revolt over Brexit and China and the U.S. finally choosing a date to restart trade talks. Ed Lopez, head of ETF product at VanEck, joined to talk about how their new bitcoin ETF-like product works and why it is legal. Then Jonathan McIntyre, CEO of Motif FoodWorks, came on to talk about his work improving plant-based proteins.See omnystudio.com/listener for privacy information.
06/09/19•28m 44s
Did Bill Dudley Join the Deep State?
This week, Bloomberg Opinion Columnist Karl Smith and Skanda Amarnath, Director of Research & Analysis at Employ America discussed Bill Dudley calling for the Federal Reserve to not encourage President Trump's trade war and whether the former New York Fed President has joined the Deep State. VM Ware CEO Pat Gelsinger joined to talk about his recent $4.8 billion acquisitions and why he is committed to working in China despite the trade tensions. Paul McNamara, Investment Director at GAM Investments, shared his biggest concerns for emerging markets right now. Then David Beckworthm, Senior Research Fellow for the Mercatus Center at George Mason University and a former international economist at the Treasury Department, came on to talk about the dangers of a persistently strong dollar.See omnystudio.com/listener for privacy information.
30/08/19•29m 30s
Ending the Trade War on Christmas
This week, Eswar Prasad, Brookings senior fellow and the former head of the IMF's China division, came on on talk about President Trump ending the trade war on Christmas. Hans Humes, CEO and CIO of Greylock Capital Management, joined to discuss why the Argentine peso collapsed to a record low after a surprise election result. Skanda Amarnath, Director of Research and Analysis at Employ America, broke down the latest CPI data and why he thinks the Fed needs a new approach to policy. Then Fabiana Fedeli, Global Head of Fundamental Equities at Robeco, discussed if emerging markets could make a comeback before the end of this year.See omnystudio.com/listener for privacy information.
16/08/19•29m 6s
How Low Can U.S. Yields Go?
This week, Republican donor and Canary Drilling CEO Dan Eberhart discussed why he thinks the GOP is "headed for extinction in the suburbs" over gun control. NYU Stern School of Business Marketing Professor Scott Galloway recapped Disney's disappointing earnings and why he thinks "Lyft is no Uber." Joachim Fels, Global economic adviser at Pimco, came on to talk about why he thinks U.S. Treasury yields could go negative. Then Semaphore founder Michael Bienstock joined to discuss how he helps influencers manage their newfound wealth. See omnystudio.com/listener for privacy information.
09/08/19•29m 8s
Every Investment Decision Comes Down to Huawei
This week, David Woo, the head of Global Rates and Currencies Research at Bank of America Merrill Lynch, joined to discuss whether negative yields will spread to the U.S. and why every investment decision comes to one company: Huawei. Then Ian Bremmer, founder and president of the Eurasia Group, sat down for a wide-ranging interview on President Trump's strategy towards Iran, the U.S.-China trade war and whether a no-deal Brexit is now the most likely outcome. See omnystudio.com/listener for privacy information.
26/07/19•29m 3s
Why Women Bear a Bigger Brunt of the Trade War
This week, Michael Sonnenshein, managing director at Grayscale Investments, the world's largest digital currency asset manager with more than $2.7 billion in assets under management, discussed the Congressional hearings on Libra and whether all of the attention was good for crypto. Katica Roy, founder & CEO of Pipeline Equity, joined to talk about why women are bearing the bigger brunt of the trade wars. Professor Xiaoxing Xi of Temple University came on to talk about how ethnic Chinese researchers and scientists are becoming targets in the trade war. Then Democratic Presidential candidate Rep. Tim Ryan of Ohio discussed how his economic message compared to President Trump's.See omnystudio.com/listener for privacy information.
19/07/19•31m 26s
The Phillips Curve is Dead
This week, Jim Bianco, President & Founder of Bianco Research, came on to talk about Chair Powell's testimony before Congress and the why Larry Kudlow and Rep. Alexandria Ocasio-Cortez are finding agreement on monetary policy, at least when it comes to the Phillips Curve. Jeanne Branthover, Co-Head & Managing Partner of the global executive search firm DHR International's New York Office, joined to discuss Deutsche Bank's massive layoffs and what employees can expect in this market. Bruce Linton, former CEO of Canopy Growth, came on to discuss his firing. Then Jeremy Allaire, Founder & CEO of Circle, a crypto finance company, joined to talk about how Facebook's Libra would impact the crypto space.See omnystudio.com/listener for privacy information.
12/07/19•27m 0s
A Conversation with Facebook COO Sheryl Sandberg
Caroline Hyde sat down for a wide-ranging, exclusive interview with Facebook COO Sheryl Sandberg in front of a live audience at the Cannes Festival in France on June 19 to discuss privacy controls, the launch of Libra, preparations for the next U.S. Presidential election in 2020 and why Facebook is calling for more regulation.See omnystudio.com/listener for privacy information.
05/07/19•49m 13s
Facebook's Plans for Its Cryptocurrency to Rival the Dollar
This week, Facebook's Head of Calibra David Marcus joined to discuss why the social media company is launching the cryptocurrency Libra and the regulatory pushback. Republican Sen. John Kennedy of Louisiana, who sits on the Banking Committee, came on to talk about why he is skeptical of Libra and President Trump's renewed attacks on Fed Chair Jerome Powell. Skanda Amarnath, Director of Research & Analysis at Employ America, joined to explain why he thinks the Fed can learn a lot from Canada. Then Josh Bivens, Director of Research & Policy at the Economic Policy Institute, came on to talk about Sen. Bernie Sanders' plan to wipe out $1.6 trillion of student debt. See omnystudio.com/listener for privacy information.
28/06/19•28m 44s
Alexis Ohanian's Push to Make Paid Paternity Leave a Right
This week, former Alphabet engineer and activist Liz Fong-Jones joined to discuss the challenges of working as a trans person at Alphabet and how the tech industry can better protect the rights of vulnerable employees. Larry Jasinski, the CEO of ReWalk, came on talk his company's work using robotics to help paraplegics and stroke victims walk again. Then Reddit and Initialized Capital co-founder Alexis Ohanian joined to talk about his new mission: fighting for paid paternity leave.See omnystudio.com/listener for privacy information.
21/06/19•31m 40s
The Holy Grail of the Food Industry: Lab-Grown Meat
This week, Uma Valeti, the co-founder and CEO of Memphis Meats, joined to discuss his company's work developing "the Holy Grail of the food industry," lab-grown meat from animal cells, and why its attracted the attention of Bill Gates, Richard Branson, Atomic VC and Tyson. Nokia CEO Rajeev Suri sat down with Caroline at Bloomberg's Sooner Than You Think Conference in London to talk about the three-way race for 5G and why Nokia is still winning contracts despite delivery delays. Rett Wallace, CEO of Triton Research, came on to talk about Slack preparing to go public. Then Jeremy Wright, the U.K. secretary of state for Digital, Culture, Media and Sport, joined from Sooner Than You Think to discuss why the U.K. is doubling down on its investment in artificial investment. See omnystudio.com/listener for privacy information.
14/06/19•30m 30s
How the #YangGang Took Over the Internet
This week, Democratic Presidential candidate Andrew Yang joined to discuss why he is the best person to take on Donald Trump and why universal basic income is a bipartisan policy. Scott Minerd, Chief Investment Officer and co-founder of Guggenheim Partners, came on talk about why he thinks treasuries look overbought. Jeffrey Solomon, CEO of Cowen, sat down for a wide-ranging interview, including what he thinks about --Washington turning up the antitrust heat on big tech. Then Andy Bromberg, the co-founder and president of CoinList, and Stephen Palley, partner and co-chair of the Blockchain and Virtual Currency group at the law firm of Anderson Kill, joined to discuss the SEC filing suit against the messaging app Kik.See omnystudio.com/listener for privacy information.
07/06/19•37m 48s
Warren Mosler Makes the Case for MMT
This week Modern Monetary Theory pioneer Warren Moesler, who is the author of "The Seven Deadly Innocent Frauds of Economic Policy," came on to make the case for MMT. Julie Goodridge, the CEO of NorthStar Asset Management, which holds over 12,000 Facebook shares, joined to talk about why she is pushing for Facebook to limit Mark Zuckerberg's voting rights. Steve Bullock, the Democratic Governor of Montana, discussed his run for the White House. Then Chris Moynes, Managing Director at One Capital Management, came on to talk about his work serving as the financial adviser for 10% of the NHL's active-player roster.See omnystudio.com/listener for privacy information.
31/05/19•33m 52s
ESPN President Jimmy Pitaro's Plan to Take on Cord-Cutting
This week, ESPN president Jimmy Pitaro sat down for an exclusive interview to discuss his plan to fight cord-cutting and why ESPN is staying out of the sports betting business. College Board CEO David Coleman came on to talk about their decision to add an adversity score the SAT. Vivien Azer, a senior analyst at Cowen, went through what Mexico fully legalizing marijuana would mean for the industry. Then Bruce Linton, Founder, Chairman and Co-CEO of Canopy Growth and Kevin Murphy, CEO of Acreage Holdings, joined together to discuss their impending deal. See omnystudio.com/listener for privacy information.
24/05/19•36m 28s
Why Barry Silbert Thinks Bitcoin's Revival is Different This Time Around
This week, Tom Finke, the Chairman and CEO of Barings, came on to discuss why the Asia-Pacific is a growth region despite tariff concerns, and why credit market concerns are justified. Bitcoin pioneer Barry Silbert, who is the founder and CEO of the Digital Currency Group, joined to explain why he thinks bitcoin's recent revival is different than the 2017 bubble. The governor of Puerto Rico Ricardo Rosselló came on to talk the recovery and investment efforts on the island. Then Travis Kling, a former Point 72 portfolio manager, joined to talk about his multi-strategy crypto hedge fund Ikigai Asset Management.See omnystudio.com/listener for privacy information.
17/05/19•34m 34s
The Markets 'Trade' Calm for Volatility
This week, Stefan Selig, the former Under Secretary of Commerce for International Trade under President Obama, joined to discuss President Trump's latest tariff threats and the prospects for a deal with China. Mexico's Deputy Finance Minister Arturo Herrera came on to talk about the other trade deal that needs ratifying, the USMCA. Martha Gimbel, the Research Director for the Indeed Hiring Lab, went through Friday's jobs report and the state of the labor market. Then Karyn Parsons of Fresh Prince fame sat down to discuss her company, Sweet Blackberry, that seeks to bring stories of African American heroes to life.See omnystudio.com/listener for privacy information.
10/05/19•29m 4s
"Avengers: Endgame" May Not Be Done Breaking Box Office Records
This week, "Avengers: Endgame" directors Joe and Anthony Russo joined to discuss their record-breaking new Marvel movie. Beyond Meat Founder and CEO Ethan Brown came on to talk about his plant-based protein company's IPO, which was the best debut since the financial crisis. Jason Boyce, Co-Founder and CEO of Avenue7Media joined to discuss his experience as a third-party seller on Amazon and how the site has evolved from a partner to a competitor. Then Citgroup's Chief Political Analyst Tina Fordham came on to discuss the uprising in Venezuela.See omnystudio.com/listener for privacy information.
03/05/19•31m 17s
Health Care Stocks Feel "The Fear of the Fear" of Medicare-for-All
This week, Michael Newshel, an analyst at Evercore ISI, came on to talk why health care stocks are reacting to the 2020 Medicare-for-All debate. Karl Smith, Senior Fellow at the Niskanen Center, and Mark Huelsman, Associate Director of Policy & Research at Demos debated Elizabeth Warren's plan to forgive student debt. Bruce Linton, the founder, chairman and co-CEO of Canopy Growth, joined to talk about the company's acquisition of Acreage. Then former New York Fed President Bill Dudley came on to discuss why he thinks President Trump can't easily break the Federal Reserve. See omnystudio.com/listener for privacy information.
26/04/19•28m 24s
Using Reggae to Communicate Monetary Policy
This week, Jamaica's Finance Minister Nigel Clarke joined to discuss his country's success as the best performing stock market of 2018 and using reggae to communicate monetary policy. Ruchir Sharma, chief global strategist and head of emerging markets at Morgan Stanley Investment Management, came on to talk about the Indian elections and why he thinks EM is set for a reversal. Daniel Kliman, senior fellow at the Center for New American Security, discussed his new study "Grading China's Belt and Road." Then European Commission Vice President Valdis Dombrovskis joined to discuss the European economic slowdown.See omnystudio.com/listener for privacy information.
19/04/19•30m 31s
The Tale of Two Housing Markets
This week, Ivy Zelman, CEO of Zelman and Associates, and the author of the Z report, came on to talk about trends in the the housing market and if this year is looking up after a rough 2018. Ryan Selkis, founder and CEO of the cryptocurrency research firm Messari, went through bitcoin's surprise surge and what could be behind it. Mike Mayo, senior analyst at Wells Fargo Securities, joined to discuss why earnings results for banks are boring and beautiful to him, and why it should be another boring quarter for financial institutions. Then Stephen Palley, partner and co-chair of the Blockchain and Virtual Currency group at the law firm of Anderson Kill, came on to walk through the SEC's long-awaited guidance on digital assets and the impact on ICOs. See omnystudio.com/listener for privacy information.
05/04/19•23m 24s
Stephen Moore's Self-Described "Steep Learning Curve"
This week, Stephen Moore, visiting fellow at the Heritage Foundation, came on after President Trump announced he was nominating him the the Federal Reserve Board. Sarah Harden, CEO of Reese Witherspoon's production company Hello Sunshine, joined to talk about telling women's stories in the age of "Me Too." Adobe CEO Shantanu Narayen came on from their summit in Las Vegas to talk about why he's taking on rival Salesforce. Then, film producer Will Packer, the man behind hits like "Girls Trip" and "Straight Outta Compton" joined to discuss his new movie "Little" and how the conversation around inclusion in Hollywood is changing.See omnystudio.com/listener for privacy information.
29/03/19•32m 10s
Fed Tightening May Be 'Back in Play' Later This Year
This week, Rett Wallace, the CEO of Triton Research, came on to talk about why he sees almost nothing in Lyft's IPO filing to asses the business and why it could be Snap all over again. Former New York Federal Reserve President William Dudley joined before the FOMC rate decision and said why he thinks tightening may be back in play later this year. Brad Setser, senior fellow at the Council on Foreign Relations, joined to discuss why China may be uncomfortable about where trade talks are going with the U.S. Then Eric Larchevêque, CEO of Ledger, came on to talk about blockchain security and their new wallet.See omnystudio.com/listener for privacy information.
22/03/19•24m 7s
The Progressive Case for Free Trade
This week, New Jersey Governor Phil Murphy came on to talk about his proposed millionaire's tax and why he has spoken with Amazon. Nobel Laureate Robert Shiller joined to discuss the decade-long bull run market and why he thinks it aught to come to an end soon. Kimberly Clausing, Professor of Economics at Reed College, made the progressive case for a free trade agenda. Then, Kim Davis, Executive Vice President of the National Hockey League came on to talk about why she left Wall Street after more than two decades for a job the league designed just for her.See omnystudio.com/listener for privacy information.
15/03/19•27m 14s
Rebuilding Trade Trust between the U.S. and EU
This week, we talked with European Commission Trade Commissioner Cecilia Malmstrom about negotiating a trade deal between the EU and U.S. Dennis Purcell of Aisling Capital came on to discuss why the biotech sector was worried about the FDA Commissioner Scott Gottlieb's resignation. Jamie Montgomery of March Capital Partners joined from his namesake conference to talk about how the ongoing techlash was weighing on attendees. Then James Anderson, partner and portfolio manager at Ballie Gifford, came to to discuss assessing his investment performance without benchmarks.See omnystudio.com/listener for privacy information.
08/03/19•25m 16s
The Laws That Could Crown the World's Richest Cat
This week, Henson Efron estate attorney Christopher Burns came on to talk about the laws that could let Karl Lagerfeld's beloved cat become a millionaire. Nobel Laureate Robert Shiller discussed why the U.S. economy is due for a recession. Equity Zen CEO Atish Davda joined to talk about the year ahead for unicorns looking to go public. Then Maria Espinosa, came on to discuss becoming the first Latin American woman to serve as UNGA President and how the UN is addressing gender inequality.See omnystudio.com/listener for privacy information.
01/03/19•32m 9s
Why China is "Just a Paper Tiger"
This week, Kyle Bass, founder and Chief Investment Officer at Hayman Capital Management, came on to talk about why he's sticking with his 2020 recession call and why he hopes President Trump doesn't "take the easy way out" on the China trade talks. Anwar Ibrahim, the head of Malaysia's ruling party and its Prime Minister-in-waiting discussed his country's talks with Goldman Sachs over the 1MDB scandal. Then Brad Setser, senior fellow at the Council on Foreign Relations, joined to make the case for a German fiscal stimulus. See omnystudio.com/listener for privacy information.
15/02/19•35m 12s
Ending D.C.'s Debt Obsession
Jason Furman, Chairman of the Council of Economic Advisers under President Obama, came on to talk about why he wants D.C. to end its debt obsession. Cullen Roche, Founder of Orcam Financial Group, and Nell Abernathy, VP of Research and Policy at the Roosevelt Institute, joined to discuss both sides of the debate around curbing corporate buybacks. Peter Van Valkenburgh, Director of Research at Coin Center, took us through the unbelievable story of how hundreds of millions of dollars in crypto got stranded. Then economist Stephanie Kelton came on to make the case for the Green New Deal. See omnystudio.com/listener for privacy information.
08/02/19•26m 36s
Why Elizabeth Warren Still Calls Herself a Capitalist
This week, Sen. Elizabeth Warren joined for a wide-ranging interview to discuss her wealth tax, why Democrats are embracing a tax policy message and the role of private insurance in her Medicare for All plan. MSCI Chairman & CEO Henry Fernandez came on to talk about the crisis in Venezuela and why the China trade war is not impacting global flows.See omnystudio.com/listener for privacy information.
01/02/19•30m 2s
The American Brain Drain
This Week, former IMF deputy managing director Anne Krueger came on to talk about what she calls "Trump's Brain Drain" and how higher education is getting left out of the immigration debate. Alberto Ramos, head of Latin America Economic Research at Goldman Sachs, explained why he's 'cautiously optimistic' about the outlooks for Brazil and Argentina. Canopy Growth CEO Bruce Linton discussed building the first hemp production facility in the U.S. Steve Cannon, CEO of the AMB Group, which owns the Mercedes Benz Stadium in Atlanta, talked about his Super Bowl prep. Then Greylock Capital Management CEO Hans Humes came on to talk about the dueling presidents in Venezuela. See omnystudio.com/listener for privacy information.
25/01/19•30m 31s
Why Brexit is a lot like The Big Lebowski
This week, Tim Harford, senior columnist at the FT, joined to talk about the political brinkmanship on both sides of the Atlantic. Sara Menker, the founder and CEO of Gro Intelligence, discussed how agriculture data is grinding to a halt due to the shutdown. Former U.S. Ambassador to China Max Baucus talked about the federal probe into Huawei. Devin Ryan, Senior Research Analyst at JMP Securities, went through Goldman earnings. Then Bloomberg Opinion columnist Nir Kaissar discussed the life and legacy of Vanguard founder Jack Bogle. See omnystudio.com/listener for privacy information.
18/01/19•23m 15s
Why the Street's Biggest Facebook Bear Just Got More Bearish
This week, Verizon CEO Hans Vestberg joined from from the Consumer Electronics Show in Las Vegas, to talk about their 5G rollout and why is predicting meaningful revenue from the technology by 2020. Alicia Levine, Chief Strategist at BNY Mellon Investment Management, came on to talk about the Fed Minutes revealing a more cautious approach from the FOMC. Brian Wieser, Senior Analyst at the Pivotal Research Group, and Wall Street's biggest bear on Facebook joined to discuss why he is downgrading the stock. Then Columbia Business School Professor Fabio Savoldelli went through the biggest winners and losers for hedge funds last year.See omnystudio.com/listener for privacy information.
11/01/19•26m 55s
Post-Gaming the Fed Decision with Alan Greenspan
This week, we post-gamed the Federal Reserve decision with former Fed Chair Alan Greenspan, who offered his thoughts on monetary policy, the economy as well as his concerns about the current political environment. Matthew Patsky, the CEO of Trillium Asset Management and a Facebook shareholder, joined to discuss how the social media company could improve their corporate governance amid more privacy concerns. Vivien Azer, a senior analyst at Cowen, discussed Tilray's new partnership with Novartis and her outlook for the cannabis industry. Then Paula Glover, the CEO of the American Association of Blacks in Energy, came on to talk about their mission to get more minorities into the industry and involved in crafting the nation's energy policies.See omnystudio.com/listener for privacy information.
21/12/18•33m 30s
Why Paul Krugman Would Pause Rate Hikes if he was Fed Chair
This Week, founder and co-CEO of Canopy Growth Bruce Linton joined to discuss his plans to become the Google of the cannabis industry. David Woo, Head of Global Rates and Currencies Research at Bank of America Merrill, came on to talk about the China trade war, reading the Fed tea leaves and his FX outlook for next year. Then Nobel Laureate and New York Times Columnist Paul Krugman sat down for a wide-ranging interview on everything from rate hikes to Brexit.See omnystudio.com/listener for privacy information.
14/12/18•41m 36s
The Buckeye State Goes All In On Bitcoin
This week, Guy Chirello, President of FirstData, came on to talk about his company's work tracking holiday shopping in real-time. Jonathan Tepper, Founder of Variant Perception, joined to discuss his new book "The Myth of Capitalism: Monopolies and the Death of Competition." Scarlet sat down with Chris Cavallini, the founder and CEO of meal preparation business Nutrition Solutions, to talk about giving people with criminal records a second chance in the workforce. Then Ohio State Treasurer Josh Mandel came on to talk about Ohio becoming the first state to let businesses pay taxes with bitcoin.See omnystudio.com/listener for privacy information.
30/11/18•23m 26s
PG&E's New Financial and Environmental Reality
This week, Carolyn Kousky, Director for Policy Research and Engagement at the Wharton Risk Center, came on to talk about new financial and environmental reality facing California utility companies like PG&E. Brendan Blumer, CEO of Block.one joined to talk about concerns over ICOs. The CEO of PetCo, Ron Coughlin, also came on talk about Amazon-proofing his business. Then former NFL executive Michael Huyghue on increasing diversity in the NFL's front office.See omnystudio.com/listener for privacy information.
16/11/18•25m 20s
The Midterms' Green Wave
This week, with Vivien Azer, Senior Research Analyst at Cowen, came on to talk about how marijuana won big at the ballot box on Tuesday and what it means for the industry. Mandy Xu, Chief Equity Derivatives Strategist for Credit Suisse, joined to discuss equity volatility. Then, Seema Hingorani, the Founder and Chair of Girls Who Invest, came on to talk about her work trying to solve the pipeline problem in finance. Finally, Ari Rubenstein, the CEO of GTS, and industry legend Reggie Browne, global co-head of ETF's, discussed their deal to have GTS acquire their ETF and Retail Stock-Trading Divisions.See omnystudio.com/listener for privacy information.
09/11/18•20m 41s
Democrats Chase Their Great White Whale
This week, Scarlet sat down with Karen Finney, senior adviser to Hillary Clinton's 2016 Presidential Campaign, about her client, Stacey Abrams, the Democratic gubernatorial candidate in Georgia, who is hoping to make history as the first African-American female governor in the country. Bloomberg Opinion columnist Noah Smith discussed why President Trump's closing midterm message on immigration ignores the reality of the labor market. Then Tina Fordham, Chief Global Political Analyst at Citi, came on to talk about how election results could weigh on markets, and life after Merkel in Europe. Finally, Thiago de Aragao of Arko Advice, joined to discuss the historic rebalance of power in Brazil with the election of Jair Bolsonaro.See omnystudio.com/listener for privacy information.
02/11/18•31m 36s
Markets Said There'll Be Days Like This
This week, Sean Stiefel, Navy Capital Founder and Portfolio Manager, came on talk about Aurora getting a listing on the New York Stock Exchange and the recent rout in pot stocks. Scott Minerd, Global CIO at Guggenheim Partners, joined to discuss the big selloff that hit markets this week and share his bearish outlook on risky assets. TD Ameritrade President and CEO Tim Hockey also provided a check on retail participation in the markets and explain why volatility makes for good business. Then Jason Vaillancourt, Global Asset Allocation Co-Head at Putnam Investments, joined to talk about volatility at this point in the cycle.See omnystudio.com/listener for privacy information.
26/10/18•22m 4s
O Canada! O Cannabis!
On What'd You Miss this Week, Scarlet, Joe, Caroline, and Romaine went all in the the legalization of marijuana in Canada. Tilray CEO Brendan Kennedy came on to talk about his company's recent growth, and why he thinks as many as five other countries could follow suit in the next couple of years. Vivien Azer, Senior Research Analyst at Cowen & Co. also joined to talk about pot stock valuations and the outlook for more cannabis deals from traditional consumer brands. Then Carroll Doherty, Director of Political Research at Pew Research Center, joined to discuss their latest study about changing attitudes towards marijuana in the United States. Tom Petrie, Petrie Partners Chairman, also came on to talk through the other big story of the week, Saudi Arabia. See omnystudio.com/listener for privacy information.
19/10/18•24m 58s
13 Days of Hell for Homebuilders
This week, Joe, Scarlet, Caroline, and Romaine spoke with Bill Kerr, Professor at the Harvard Business School about his new book "The Gift of Talent: How Migration Shapes Business, Economy and Society" and the global race for talent. Stephen Kim, Evercore ISI Head of Housing Research, came on to talk about 13 days of hell for homebuilders. Then, Torsten Slok, Deutsche Bank Chief International Economist,discussed the IMF cutting its growth outlook on trade concerns. See omnystudio.com/listener for privacy information.
12/10/18•17m 34s
The Trade Deal Formerly Known as NAFTA
On What'd You Miss this Week, Scarlet, Joe, Caroline, and Romaine spoke with Stefan Selig, former U.S. Under Secretary of Commerce and International Trade under President Obama, about President Trump's new USMCA trade deal. Adriano Bosoni, Senior Europe Analyst at Stratfor, also joined to discuss this week's budget battle in Italy. Then Beau Whitney, senior economist at New Frontier Data, came on to talk about the economics of the legal marijuana industry. Finally, Bloomberg Opinion Columnist Shira Ovide came on to talk about why Amazon raising their minimum wage is a small price to pay for their reputation. See omnystudio.com/listener for privacy information.
05/10/18•20m 48s
Crypto and Cannabis Are the Perfect Post-Crisis Bubbles
On What'd You Miss this Week, Scarlet, Joe, Caroline, and Romaine spoke with Michael Gorenstein, Cronos Chairman and CEO, about the growing market for recreational marijuana and his plan to make their products stand out with branding. Then Barbara Slavin, Director of the Future of Iran Initiative at the Atlantic Council joined to discuss President Trump vs. Iran at the U.N. General Assembly. Then Peter Atwater, President of Financial Insyghts, came on to talk about the similarities between cannabis stocks and bitcoin, and what their rise says about the social mood of the market. See omnystudio.com/listener for privacy information.
28/09/18•18m 56s
Is Unlimited Soup, Salad and Breadsticks the Key to Quarterly Growth?
On What'd You Miss this Week, Scarlet, Jo, Caroline, and Romaine spoke with Peter Rawlinson, CTO of Lucid Motors, the electric car company that is trying to take on Elon Musk about their new $1 billion dollar investment from the Saudi public investment fund. Sean Stiefel, founder and portfolio manager at Navy Capital, joined us to discuss why institutional investors have their sights set high on the marijuana market. Then Terry Duffy, CME Group Chairman and CEO, joined for an exclusive, wide-ranging interview on everything from crypto to ten years after Lehman. Finally, Bloomberg Opinion columnist Sarah Halzack came on to talk about the fresh, hot returns for Olive Garden.See omnystudio.com/listener for privacy information.
21/09/18•30m 11s
The Big Business of Peak NFL
This week, Scarlet sat down with New York Times Magazine Chief National Correspondent, Mark Leibovich, to talk about his new book "Big Game: The NFL in Dangerous Times." Mark discussed his four year saga of investigating the league and its 32 owners, and why he thinks the NFL is just as much of a swamp as Washington. David Kirkpatrick CEO of Techonomy Media also joined Joe, Scarlet and Caroline to discuss Sheryl Sandberg and Jack Dorsey's trip to Capitol Hill for questioning and whether this was actually breaking through to the companies' users. Then Geoff Dennis, Head of Global Emerging Market Strategy at UBS, came on to tackle this week's selloff in emerging markets. See omnystudio.com/listener for privacy information.
07/09/18•24m 13s
Why Utility Companies are Paying For California's Wildfires
On What'd You Miss This Week, Scarlet, Joe and Caroline spoke with Mark Kiesel, Chief Investment Officer for Global Credit at PIMCO, about a bold call from one of his colleagues, CIO Dan Ivascyn, that global trade tensions may actually benefit the U.S. economy. David Kirkpatrick, Techonomy Media CEO and the author of The Facebook Effect joined to discuss President Trump's accusations of Google rigging their algorithm against him. Carolyn Kousky, Director of Policy Research and Engagement at the Wharton Risk Center, also joined to discuss why utility companies are stuck footing the bill for California's record wildfires. Then Dan Suzuki, Portfolio Strategist at Richard Bernstein Advisors, came on to talk about how markets were reacting to the constant stream of trade headlines.See omnystudio.com/listener for privacy information.
31/08/18•29m 18s
Why a Trump Impeachment Wouldn't Derail this Bull Market
This week, Scarlet, Joe and Caroline spoke with Nick Colas, Co-Founder of Data Trek Research, about President Trump's prediction that markets would crash if he was impeached, and why market conditions are not the same as in 1974 when Richard Nixon resigned. Josh Ginsberg, the co-founder and CEO, came on to talk about how bots can manipulate stock prices and how companies can fight back. Jason Robins, the CEO of DraftKings, also joined to discuss their launch of Sportsbook, the first mobile app for sports betting rolled out in New Jersey. Then Ray Zucaro, the CIO at RVX Asset Management and a Venezuelan bond holder, came on to discuss President Maduro's big bet on a historic currency devaluation. See omnystudio.com/listener for privacy information.
24/08/18•25m 9s
Why Erdogan's "Peculiar Politics" Makes for Bad Economics
This week, Scarlet and Joe spoke with Adam Tooze, Columbia University professor and author of "Crashed: How a Decade of Financial Crises Changed the World" about Turkey's economic crisis and how the U.S. is doing nine years into a bull market. Keith Higgins, former Director of Corporation Finance at the SEC under President Obama, also came on to discuss whether Elon Musk's tweet broke the law. Then Peter Wagner, Prison Policy Initiative executive director, joined to discuss unemployment rates for formerly incarcerated people. See omnystudio.com/listener for privacy information.
17/08/18•26m 48s
MoviePass CEO Defends Everyone's Favorite Embattled Company
This week, Scarlet and Joe talked with Rett Wallace, CEO of Triton Research, about Elon Musk trolling his short-selling critics with a tweet that he was taking Tesla private. Then Mitch Lowe, the CEO of MoviePass, came on to defend the business model of everyone's favorite embattled company and vowed to break even within a year. Srinivas Thiruvadanthai, Research Director of Jerome Levy Forecasting Center, also joined to discuss his latest piece arguing how the Indian rupee could become a hard currency.See omnystudio.com/listener for privacy information.
10/08/18•21m 20s
President Trump Wants a Dovish Fed Chair. He Fired Her
This week, Joe, Scarlet and Julie spoke with Greg Valliere, Horizon Investments Chief Global Strategist, about the feud that he has been warning for months was inevitable: President Trump versus the Fed. Greg pointed out the irony: President Trump now wants a dovish Fed Chair. But, the President already had one. He fired her. Then Bloomberg Opinion Columnist Nathanial Bullard joined to discuss the Trump administration's latest environmental regulation rollback: revoking California's authority to set their own greenhouse gas emission standards. Sandy Darity, a professor in the Sanford School of Public Policy at Duke University, also joined to make the case for a federal jobs guarantee, and said even he is surprised at how much the policy idea is catching on.See omnystudio.com/listener for privacy information.
27/07/18•17m 7s
Will the Fed Become President Trump's Next Punching Bag?
This week, Joe, Scarlet and Julie talked with Peter Conti-Brown, a Fed Historian at the Wharton School, about President Trump's break from precedent when he weighed into monetary policy, and why it's more important than it seems. Then Jens Nordvig, CEO and Founder of Exante Data, came on to discuss what we learned from Jerome Powell's two days of Congressional testimony, and why despite the flattening yield curve, he still sees plenty of stimulus coming down the pipeline. Terry Haines, Evercore ISI Senior Political Strategist, and Peter Tchir, Academy Securities Head of Macro Strategy, joined to have a trade war debate. Are markets being too complacent about tariffs or are they too glued to the headlines? Erika Nardini, CEO of Barstool Sports, also joined to talk about why the more than fifteen-year-old brand she runs is more like a two-year startup.See omnystudio.com/listener for privacy information.
20/07/18•25m 13s
Why Markets are Crazy to Ignore the Risks of a Trade War
This week, Joe, Scarlet and Julie Hyman spoke with Guggeheim Global Chief Investment Officer Scott Minerd about why markets are crazy to ignore the risks of President Trump's trade war. Scott explained why U.S. consumers will be the ones footing the bill, and all the proof they need is their washing machine. Shannon O'Neil, a senior fellow for Latin America Studies at the Council on Foreign Relations and frequent contributor to Bloomberg Opinion, also came on to discuss AMLO's to-do list for when he takes office as Mexico's next president. Then Bill Lee, Chief Economist at the Milken Institute, wrapped things up with his take on the state of the labor market. See omnystudio.com/listener for privacy information.
13/07/18•27m 1s
Are Markets Over-Reacting on Trade?
On What'd You Miss This Week, Joe, Scarlet and Julia got an immigration update with Republican Congressman Jeff Denham of California, about what comes next after multiple bills failed in the House. The Congressman, an almond farmer when he's not on Capitol Hill, also told us how trade tensions were weighing on him and his constituents. Mauro Leos, Associate Managing Director at Moody's Americas, also joined to recap Andres Manuel Lopez Obrador's historic, landslide win to become Mexico's first left-wing president in decades and explain why the energy sector is one area of concern for investors. Then Tom Lee, Managing Partner and the Head of Research at Fundstrat Global Advisors, came on to discuss why he thinks markets have over-reacted to all the trade headlines and offer his take on bitcoin's fall from grace.See omnystudio.com/listener for privacy information.
06/07/18•24m 24s
How Neel Kashkari Gets His Steaks and Rate Hikes Just Right
On What'd You Miss This Week, Joe, Julia, and Julie Hyman who was in for Scarlet, had an exclusive interview with Minneapolis Federal Reserve President Neel Kashkari. It started with a tweet from Joe and ended with him traveling to Minnesota for a cookout in Kashkari's backyard, where the Fed president shared his insights on how to time steaks and rate hikes just right. Brad Sester, senior fellow at the Council on Foreign Relations, also joined to discuss alternative ways an outgunned China could retaliate against President Trump's tariffs. Then Randi Weingarten, American Federation of Teachers' President, joined to react to the Janus vs. AFSCME Supreme Court ruling. Randi explained how they had been preparing for the decision and why she didn't expect membership to drop. See omnystudio.com/listener for privacy information.
29/06/18•27m 38s
Should Jay Powell Become George Bailey?
On What'd You Miss This Week, Joe, Scarlet and Julia spoke with Christopher Low, Chief Economist at FTN Financial, about Jay Powell's ongoing search for the natural rate of unemployment. Morgan Ricks, Former Treasury Senior Policy Advisor under President Obama, also came on to talk about his pitch to revolutionize the way Americans manage their money by having the Federal Reserve expand their banking services to include accounts for ordinary Americans. Then Jason Schenker, President of Prestige Economics, joined to discuss his new book "Midterm Economics: The Impact of Midterm Elections on Financial Markets and the Economy" and offer his forecast for November. See omnystudio.com/listener for privacy information.
22/06/18•16m 39s
Why the Justice Department Went After the Wrong Deal
On What'd You Miss This Week, Joe, Scarlet and Julia spoke with Ed Keon, Managing Director at QMA, to talk about the name calling with the U.S.'s biggest trade partner, Canada, and why the markets weren't roiled by all the G-7 drama. Bloomberg Opinion columnist Joe Nocera also joined to talk about to talk about why the Justice Department wasted their chance going after the AT&T and Time Warner deal -- creating a big setback for antitrust and destroying any hope of going after big tech anytime soon. Then Ian Shepherdson, Chief Economist and Founder, at Pantheon Macroeconomics came on to discuss where we will be a year from now if unemployment continues to fall and why the Fed likes when people get a raise, but not too big of one. See omnystudio.com/listener for privacy information.
15/06/18•19m 11s
The Talent War in Crypto Hiring
On What'd You Miss This Week, Joe, Scarlet and Julia spoke with Adam Enbar, co-founder of the Flat Iron School, a coding bootcamp, about the rapid industry growth in blockchain that has fueled a war for talent in crypto hiring. David Schawel, CIO Family Management Corporation, also joined to discuss why it's difficult to have a recession with this much housing demand. Then Ed Hyman, Chairman of Evercore ISI, came on to talk about the call from one of his analysts that made headlines this week declaring the "retail apocalypse is over."See omnystudio.com/listener for privacy information.
08/06/18•22m 25s
You Can Teach an Old Car Company New Tricks
On What'd You Miss this week, Joe, Scarlet and Julia spoke with Sam Abuelsamid, Senior Research Analyst at Navigant about how technology funds and auto companies are teaming up in the race for autonomous vehicles. Softbank just made a $2.25 billion dollar bet on GM's driverless unit Cruise, and Sam explained why an old school car company actually has an edge in this space over their Silicon Valley competitors. Marc Chandler, Head of Currency Strategy at Brown Brothers Harriman Global, also joined to walk us through Europe's wild geopolitical week and all of the investor anxiety that came with it. Then Paul McNamara GAM Investment Director came on to discuss how the lira fared this week after the Turkish central bank's emergency intervention, and why he sees both Russia and Colombia's currencies as opportunities.See omnystudio.com/listener for privacy information.
01/06/18•19m 25s
Why Hans Humes Thinks Venezuela is the Best Emerging Market Story Out There
This Week, Joe, Scarlet and Julia spoke with Hans Humes, Chairman and CEO of Greylock Capital about his call that Venezuela is the best emerging market story out there, despite six more years of Maduro. Wendy Cutler, Vice President of the Asia Society Policy Institute and Acting Deputy U.S. Trade Rep under President Obama, came on to talk trade deals and Treasury Secretary Mnuchin "putting the trade war on hold." Meb Faber, Cambria Investment Management Chief Investment Officer, explained why he thinks the real risk is overloading in U.S. stocks, and why investors need to learn to be asset class agnostic. Then Greg Anderson, BMO Global Head of FX Strategy, discussed the Turkish central bank's emergency meeting to stop the bleeding in the lira.See omnystudio.com/listener for privacy information.
25/05/18•34m 14s
Why Not Trading Can Be A Great Strategy
On What'd You Miss This Week, Joe Weisenthal, Scarlet Fu and Julia Chatterley spoke with Peter Borish, Quad Group Chief Strategist, about why investors need to do less and sometimes not trading can be a really great strategy. Jason Robins, the CEO of DraftKings, also joined, to discuss the potential $150 billion market for sports betting after the Supreme Court's decision this week. Then Conor Sen, Portfolio Manager for New River Investments and Bloomberg Opinion columnist, came on to talk about the supply and demand equation for higher education and whether the college admissions process is shifting to the student's favor.See omnystudio.com/listener for privacy information.
18/05/18•17m 34s
Why David Woo is So Incredibly Bullish on the U.S. Dollar and You Should be Too
On What'd You Miss This Week, Joe Weisenthal, Scarlet Fu and Julia Chatterley spoke with David Woo, Head of Global Rates and Currencies Research at Bank of America Merrill Lynch, about why NAFTA is the perfect blueprint for how the Trump administration should approach trade negotiations and why he's 'so incredibly bullish on the U.S. dollar.' Steven Englander, Head of Research and Strategy at Rafiki Capital, also joined to talk through the latest wage date and why it was not nearly as weak as it was made out to be. Steven explained how the market was too pessimistic over the winter and now was shaking off those winter doldrums and unwinding. Commercial pilots are one of the last strongholds of organized labor in the U.S. Leaders see the pilots as only the latest victim in the corporate war on unions, but Kenn Ricci, Chairman of Flexjet, is trying to change their mind and convince them that the ones wearing the wings could better negotiate for themselves directly. See omnystudio.com/listener for privacy information.
11/05/18•33m 41s
Bernie Sanders Wants to Hire You
On What’d You Miss This Week, Joe Weisenthal, Scarlet Fu and Julia Chatterleyspoke with Pavlina Tcherneva, Associate Professor of Economics at Bard College, about the no longer so radical economic idea of a government jobs guarantee program. This is a concept that she has long researched and advocated for and one that Sen. Bernie Sanders recently proposed as a bill. The Vermont Senator's plan would provide a job that pays at least $15 an hour with health care benefits for every American who wants one. Pavlina explained that the program would become a structural reform to the economy as a whole, providing an effective minimum wage.Stephen Noerper, Korea Society Senior Director, also joined to talk through the historic meeting between Kim Jong-un and South Korean President Moon Jae-in that was high on symbolism and short on details. Stephen explained how this time contrasted with past inter-Korean summits and what it means that the North Korean leader is trying to cast himself as different from his father and grandfather.Then Saeed Amen, Cuemacro Founder, came on to chat about the quant craze burning through the hedge fund world. Its become more of a buzzword than an actual strategy, but Saeed explained how traditional funds could integrate the approach effectively and why quants are pleading "don't put us in the basement" and "don't lock us in a room."See omnystudio.com/listener for privacy information.
04/05/18•17m 7s
Are We Thinking About Tech IPOs All Wrong?
On What’d You Miss This Week, Joe Weisenthal, Scarlet Fu and Julia Chatterley spoke with Rett Wallace, CEO of Triton Research, about why investors are evaluating tech IPOs all wrong. He told us the underwriters, ’whether its two guys and a dog or Goldman Sachs’ control all the information and the narrative. Companies don’t have to tell the truth, and there is a lack of transparency, he added. Triton Research is trying to fix that with a different way of grading startups looking to go public. Dale Folwell, the Treasurer of North Carolina, also came on to talk about his efforts to drive down the cost of health care. The buying power of the Tar Heel state is almost as large as the potential Amazon, J.P. Morgan and Berkshire Hathaway healthcare initiative would be, and Dale is trying to harness that negotiating power amid what he called a ’medical arms race’ in the health care industry. Then Bloomberg’s Executive Editor for Global Technology, Tom Giles, joined to wrap up a busy week in tech earnings, including why Facebook investors should be breathing a sigh of relief and the latest challenges for Qualcomm.See omnystudio.com/listener for privacy information.
27/04/18•19m 13s
The Libertarian Case for Big Government
On What'd You Miss This Week, Joe Weisenthal, Scarlet Fu and Julia Chatterley talked with Peter Atwater, President at Financial Insights, about why President Trump's favorite metric of success is actually hurting his approval ratings. Peter discussed why when it comes to the President's base, there is an inverse relationship between the stock market and his poll numbers. Alex Tabarrok, Economics Chair at George Mason University's Mercatus Center, also came on to discuss his surprising research about regulation and economic dynamism. He set out to ask "Is Regulation to Blame for the Decline in American Entrepreneurship?" and ended up making the Libertarian's case for big government. Then Erik Nielsen, Chief Economist at UniCredit, joined to recap a busy week for geopolitics and the global economy. Erik talked through the evolution of the West's sanctions on Russia, the war in China that he (and the rest of Europe) wished President Trump would fight and what he loved about Jay Powell's first news conference. See omnystudio.com/listener for privacy information.
20/04/18•29m 32s
Where’s All Our Data Going?
On What’d You Miss This Week, Joe Weisenthal, Scarlet Fu and Julia Chatterley had their eyes glued on Capitol Hill as Mark Zuckerberg came face to face with U.S. lawmakers. They broke down the Facebook CEO’s two days of testimony with David Kirkpatrick, author of "The Facebook Effect" and asked where’s all our data going? More importantly, do users even care? George Magnus, China Centre associate at the University of Oxford, also joined to discuss the concern that the tough trade talk between the U.S. and China could escalate to weaponized finance between the world’s two largest economies. But unlike President Trump, he’s not quite convinced China would intentionally devalue the Yuan. Then Alberto Ramos, Goldman Sachs Head of LatAm Economics, came on to talk through Brazil’s economic reality and their complex election on the horizon.See omnystudio.com/listener for privacy information.
13/04/18•18m 29s
Stop Worrying About Tech Stocks
On What'd You Miss This Week Joe Weisenthal, Julia Chatterley and guest host Julie Hyman discussed why Elon Musk is taking President Trump's side when it comes to trade with Loup Ventures Managing Partner Gene Munster, who explained why tariffs won't be a problem for Tesla. Brian Belski, Chief Investment Strategist at BMO Capital Markets, also joined to talk the market that couldn't make up its mind this week - beginning and ending on a selloff. Brian cautioned the growing investor concern when it came to tech stocks, advising a look beyond the headlines to the fundamentals. Then the co-founder of the Center for Economic and Policy Research Dean Baker came on to discuss the new leader for the New York Federal Reserve John Williams. Wall Street is getting the pick people were expecting, but will it be a dove or a hawk? Dean had a spirited debate with Bloomberg International Economics and Policy Correspondent Michael McKee about his track record.See omnystudio.com/listener for privacy information.
06/04/18•19m 45s
It's Hard to Have Winners in Trade Wars
On What'd You Miss This Week Joe Weisenthal, Scarlet Fu and Julia Chatterley took a look at the recent market fluctuations and shifting narratives with Citigroup Chief U.S. Equity Strategist Tobias Levkovich and discussed why we haven’t seen panic yet. Neil Shearing, Chief Emerging Markets Economist at Capital Economics, also joined to talk about the rhetoric versus the reality when it comes to China and trade, as the Trump administration starts translating their tough talk against Beijing into policy. Then CUNY Graduate Center Distinguished Professor and Nobel Laureate Paul Krugman came on for a wide-ranging interview on the threat of trade wars, President Trump's first renegotiated trade deal with South Korea, challenges facing the Federal Reserve in this economy and the anti-trust backlash against big tech. See omnystudio.com/listener for privacy information.
30/03/18•29m 52s
Facebook's Terrible, Horrible, No Good, Very Bad Week
On What’d You Miss This Week, Joe Weisenthal, Scarlet Fu and Julia Chatterley tackled Facebook's existential crisis. Techonomy CEO and "The Facebook Effect" author David Kirkpatrick came on to talk about how the social media giant's hiccups are becoming a pattern and why their system failures will keep screwing society. They kept the Facebook conversation going with Citigroup Managing Director and Chief Global Political Analyst Tina Fordham. Tina discussed why this latest breach of data and trust will add to the pressing problem of low trust in institutions and may lead people to question the fairness of all future elections. Then retired professional poker player Annie Duke, Author of "Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts" switched up the conversation and discussed her new book and why life is more like poker than a game of chess.See omnystudio.com/listener for privacy information.
23/03/18•23m 56s
The Wait for Higher Wages
On What’d You Miss This Week, Joe Weisenthal, Scarlet Fu and Julia Chatterley spoke with Bloomberg View Columnist Conor Sen and Karl Smith, Niskanen Center Director of Economic Research, about their recent Bloomberg View piece and debated if the economy is running hot enough to generate pay raises. They also spoke with Geoffrey Dennis, UBS Global Emerging Market Strategy Head, to get a check on emerging markets and ask whether they have been impacted by President Trump's proposed steel and aluminum tariffs. Then Nicholas Consonery, Director of Rhodium Group's China Macroeconomic and Policy Research practice joined to discuss China's National People's Congress and China's Achilles' heel. See omnystudio.com/listener for privacy information.
09/03/18•20m 24s
Is Private Equity the Holy Grail of Investing?
On What’d You Miss This Week, Joe Weisenthal, Scarlet Fu and Julia Chatterley spoke with Daniel Rasmussen, Founder and Portfolio Manager at Verdad Advisers, who has a piece out in American Affairs Magazine titled "Private Equity: Overvalued and Overrated?" about whether private equity really is the holy grail of investing. They also spoke with Larry Haverty, Gabelli Multimedia Trust Associate Portfolio Manager about the ongoing media M&A war for Sky and who the three dark horses are in the race. Then Bill Lee, Milken Institute Chief Economist joined to discuss Jay Powell's first trip to Capitol Hill as Federal Reserve Chairman, what’s next for rate hikes and Powell's personal touch.See omnystudio.com/listener for privacy information.
02/03/18•17m 52s
What Alaska Can Teach Us About Universal Basic Income
On What'd You Miss This Week, Joe Weisenthal, Julia Chatterley and Lisa Abramowicz, who filled in for Scarlet Fu who is on vacation, spoke with Damon Jones, Associate Professor at the University of Chicago's Harris School of Public Policy about universal basic income. Once a fringe policy prescription, the idea is starting to gain more mainstream traction. Harris's research on the Alaska Permanent Fund found it doesn't cause people to leave the workforce --dispelling one of the biggest arguments against it. They also spoke with Marc Chandler, Brown Brothers Harriman Global Head of Currency Strategy about the recent market correction and why the U.S. stock market is overvalued according to one model. Then David Kirkpatrick, Techonomy CEO & Founder and Author of "The Facebook Effect" joined to discuss if the social network can ever learn how to police all of its content. See omnystudio.com/listener for privacy information.
23/02/18•22m 22s
Why the U.S. is Running Short of Truck Drivers and What it Means for the Economy
On What'd You Miss This Week, Joe Weisenthal, Julia Chatterly and Scarlet Fu spoke with New River Investment Portfolio Manager and Bloomberg View Columnist Conor Sen about what he sees as the most worrisome (and not often discussed) constraint on U.S. economic growth at the moment. The U.S. is running short on truck drivers, and that's bad news for the whole economy. They also spoke with Tim Duy, University of Oregon professor, who broke down the latest inflation data and predicted the Federal Reserve could hike more than three times this year. And George Pearkes, Bespoke Investment Group Global Macro Strategist joined to talk about the net effect of the recent fiscal stimulus. The U.S. Economy is getting a big dose of stimulus from Washington with massive spending levels on top of tax cuts. With the economy already growing at a significant pace, it's going to make for an interesting experiment.See omnystudio.com/listener for privacy information.
16/02/18•18m 2s
Coming Soon: What'd You Miss This Week
This month, Bloomberg is excited to bring you a brand new show. Every Friday on What'd You Miss This Week, we'll feature the most interesting interviews from Bloomberg's daily market close show, "What'd You Miss" hosted by Scarlet Fu, Julia Chatterley and Joe Weisenthal. We want to take you beyond the headlines and bring you a unique perspective on the week's top stories, and those you may just have missed. It's the perfect way to kick off your weekend. Be sure to subscribe now, so you don't miss a thing!See omnystudio.com/listener for privacy information.
05/02/18•1m 15s