Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices.
Tellworth’s John Warren tells Merryn Talks Money investors aren’t interested in a manager’s record versus an index—they just want to make money. And it has happened again. Another new high for the FTSE 100. Merryn would love to talk about something else, but John Stepek can't. See omnystudio.com/listener for privacy information.
On this week’s episode of Merryn Talks Money , London Business School professor and author Alex Edmans joins to discuss his new book, May Contain Lies . Edmans explains why he believes that stories, statistics and studies exploit pre-existing biases. Plus, John Stepek joins to discuss yet another boring Bank of England rate decision. Emails to merrynmoney@bloomberg.net See omnystudio.com/listener for privacy information....
Downing Fund Managers’ Simon Evan-Cook joins this week to talk about the case for active versus passive investing. Cook says Jack Bogle, founder of The Vanguard Group and arguably the father of passive investing, did “more for individual wealth than anyone in history.” He deserved a knighthood for creating a low risk, reliable and comprehensive way of investing, Cook says. Nevertheless, the fund manager explains why he’s an investor in active funds, and discusses how to find the rare manager who...
Get ready for a UK election this summer, says Helen Thomas, an ex-adviser to former Conservative finance minister George Osborne and CEO of BlondeMoney. On this week’s Merryn Talks Money, she joins Merryn Somerset Webb to explain her core scenario for the British government: Rishi Sunak will resign and hand over to Penny Mordaunt, the House of Commons leader. She will call a July 4th election — and Labour leader Keir Starmer will be prime minister by the middle of July. Plus, John Stepek joins t...
Peel Hunt head of research Charles Hall tells Merryn that pension funds, wealth managers and individuals are pulling money out at an alarming rate. Plus, John Stepek talks inflation targets. See omnystudio.com/listener for privacy information.
Many people contend that getting to net-zero emissions means smashing capitalism. While its destruction seems unlikely, another path would be to work within the capitalist system. Bloomberg senior reporter Akshat Rathi discusses the second path with Merryn Somerset Webb on this week’s episode of Merryn Talks Money. Together, they break down how business and government can work together in the fight against global warming. Email us at merrymoney@bloomberg.net See omnystudio.com/listener for priva...
Merryn Talks Money will return with an all-new episode next Friday. In the meantime, here's an election-related episode from our friends at In the City. Host Francine Lacqua and Opinion columnist Adrian Wooldridge speak with Anthony Scaramucci, a Wall Street veteran and former communications director in Donald Trump’s White House. He joins to explain why he thinks a second Trump presidency would be “dangerous.” He also talks about why he isn’t voting for his former boss and why he doesn’t think ...
The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon. See omnystudio.com/listener for privacy information.
Is capitalism dead? It’s getting there, says economist and author Bernard Connolly, but it isn’t dying a natural death. Instead, he contends it’s being killed off by the very people charged with keeping it safe and stable: central bankers. The author of The Rotten Heart of Europe joins this week’s Merryn Talks Money to explain. Got questions or suggestions? Email us at merrynmoney@bloomberg.net See omnystudio.com/listener for privacy information....
Julian Brigden of Macro Intelligence 2 Partners explains why you should get used to higher-for-longer when it comes to the Federal Reserve and interest rates. He tells us why the better the story, the bigger the bubble, why you should be nervous about Japan's big rally, and why Bitcoin is a brilliant trade, but a lousy store of wealth. Plus, John Stepek joins to talk gold and the price of a pint in central London. See omnystudio.com/listener for privacy information....
Investment trusts occupy an interesting niche in the UK market. They are listed companies whose business is to own shares in other companies, or to own other assets. On this week’s episode of Merryn Talks Money , one of Britain’s top experts on the matter—Nick Greenwood, who co-manages the MIGO opportunities trust at Asset Value Investors—joins us to explain why they are a good buy right now. See omnystudio.com/listener for privacy information....
The Deal , hosted by Alex Rodriguez and Jason Kelly, features intimate conversations with business titans, sports champions and game-changing entrepreneurs who reveal their investment philosophies, pivotal career moves and the ones that got away. From Bloomberg Podcasts and Bloomberg Originals, The Deal is available on Apple Podcasts , Spotify , iHeart , Bloomberg Carplay, or wherever you get your podcasts. You can also watch The Deal on Bloomberg Television, and Bloomberg Originals on YouTube ....
Investment and macroeconomic analyst Lyn Alden joins to explore the history and future of money. Discussing her book Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better, Alden argues that our present monetary system has fallen behind technological developments. See omnystudio.com/listener for privacy information.
If you’re lucky enough to get a bonus this season (sorry, Barclays bankers ), it’s time to give some thought on how to successfully save or spend that money. Reporter Claire Ballentine joins to share the advice she sought out from several financial advisors. See omnystudio.com/listener for privacy information.
Jim Reid, Deutsche Bank’s global head of economics and thematic research, joins to explain why he thinks a US downturn may still be on the way. He also thinks the US stock market is nearly the most concentrated it’s ever been, and that's not good. The top five stocks in the market make up almost a quarter of the market cap of the S&P 500, and combined with the next two, the “Magnificent 7” stocks are bigger than the Chinese market and four times the size of the UK market. Plus, Bloomberg Opi...
Kathryn Porter, an energy consultant at Watt-Logic, contends the increase in mining needed to obtain critical minerals necessary for the energy transition “starts to actually look morally questionable” once the harms are factored in. She joins this week’s episode to discuss the matter and what she sees as a better approach to the green transition . Plus, Bloomberg energy reporter Rachel Morison joins to explain what the UK's current energy picture looks like, and what it could like in the future...
Automobiles are often the second-most expensive item people buy, and yet many go into the process unprepared. Ashley Winston, creator of Palmdale Car Finders joins this week’s bonus episode of Merryn Talks Money to offer advice on how to buy a used car successfully. See omnystudio.com/listener for privacy information.
There could be a “gold rush” in space, says Tim Marshall, author of The Future of Geography and a former diplomatic and foreign affairs editor at Sky News . Just as miners in the 19th century ventured into the lawless frontiers of North America, the presence of rare materials on the moon and elsewhere might fuel a race to harness the opportunities of outer space. “This might be one of the most profitable things in the 21st century.” See omnystudio.com/listener for privacy information....
The former Chancellor of the Exchequer explains that the Tory prime minister has been “liberated” to tackle the UK’s tax burden. But will he in the next budget? Kwarteng joins this week's episode to talk taxes, the "mini-budget" and what he thinks the Tory party should do before the next election. See omnystudio.com/listener for privacy information.
Making parallels between the Spanish flu pandemic and Covid-19, the Wall Street veteran says a growth boom could be coming. He also discusses what he considers the arbitrary nature of central banks’ 2% inflation target, and why he sees Bitcoin as digital gold. See omnystudio.com/listener for privacy information.
Just like gold, Bitcoin is `only worth what people will pay for it,’ says Oaktree Capital Management co-founder Howard Marks. He discusses crypto, explains why he believes the investment environment has undergone a “sea change,” and that we won’t be returning to the world of 0% interest rates in the foreseeable future. So instead of Bitcoin or gold, investors should be in a high-yield bond fund. Find all of Howard's memos here: https://www.oaktreecapital.com/insights/memos See omnystudio.com/lis...
As you await this week's Merryn Talks Money conversation with OakTree's Howard Mark , check out another podcast from our team here at Bloomberg: Daybreak Europe Edition. Every episode delivers the day's top stories, with context, in just 15 minutes. Available every morning by 7am GMT in your feed. Subscribe On Apple Subscribe On Spotify Subscribe On Youtube Subscribe On Podcast Addict Subscribe On Audible See omnystudio.com/listener for privacy information....
All too many commentators on the UK economy are “default decliners,” according to Simon French, chief economist and head of research at UK investment bank Panmure Gordon: there’s nothing they can’t put a lousy spin on. French and Janus Henderson portfolio manager Laura Foll join this week’s Merryn Talks Money to share their UK economic outlook for 2024. The data on the British economy isn’t looking bad at all, French says—certainly not as bad as the numbers coming out of Germany. They also discu...
Saxo Bank has published the latest in its annual series of “outrageous predictions,” and among the bigger calls is that American capitalism is ending. As US debt spirals ever upwards, the federal government will have to make government bonds tax-free, according to Chief Investment Officer Steen Jakobsen, who joins this week’s Merryn Talks Money to discuss the list. “The hand of government is just getting heavier and heavier,” he says. Other predictions include a global Champions League owned by ...
Professor and filmmaker Peter Byck says lessons from ancient bison herds can make cattle farming less of a climate disaster and more profitable. Merryn speaks to him about his latest 4-part documentary series "Roots So Deep (you can see the devil down there)" and the future of farming. See omnystudio.com/listener for privacy information.
As the US and China vie for supremacy, Pippa Malmgren, economist, author and former adviser to US President George W. Bush, says the threat of conflict is growing. But there may be a silver lining. See omnystudio.com/listener for privacy information.
Bloomberg News Now is a comprehensive audio report on today's top stories. Listen for the latest news, whenever you want it, covering global business stories around the world. on Apple: trib.al/Mx9TCh1 on Spotify: trib.al/T4BG8s4 Anywhere: trib.al/O4EX6BA See omnystudio.com/listener for privacy information.
Senior Reporter John Stepek joins Merryn to discuss her conversation with Kokou Agbo-Bloua, the Societe Generale global head of economics, cross-asset and quant research. See omnystudio.com/listener for privacy information.
Recessions aren’t like they used to be, says Kokou Agbo-Bloua, The Societe Generale global head of economics, cross-asset and quant research contends fixed rate-debt and hefty cash piles have help companies develop short-term immunity to rising interest rates. So has the “kinetic velocity” of the vast fiscal stimulus of the last few years, he says. Agbo-Bloua argues on this week’s Merryn Talks Money that while all of that’s nice for now, it can’t last. See omnystudio.com/listener for privacy inf...
Merryn and senior reporter John Stepek discuss the conversation with financial historian Edward Chancellor. See omnystudio.com/listener for privacy information.
