The online brokerage business burst on the scene in the late 90s, as at-home traders were lured to try their hand at winning big in the stock market. These days, investors are inundated with the message that they shouldn't try stock picking, and that they should engage in passive, low cost strategies instead. So how has the online brokerage business adapted? Chris Larkin, Senior Vice President of Trading at E*Trade, explains. See omnystudio.com/listener for privacy information....
Mar 18, 2019•30 min
China is front and center in the news again, thanks to the trade negotiations, as well as the National People's Congress, during which the government said it would target GDP growth between 6 and 6.5 percent. Brad Setser of the Council on Foreign Relations joins us to talk about both of these topics, and how they played alongside each other. See omnystudio.com/listener for privacy information.
Mar 11, 2019•33 min
In mid-October last year, recreational cannabis became legal in Canada. Of course, there are all kinds of complications with any attempt to introduce such a new market. On this week's episode, we speak to Craig Wiggins, a member of a trio of analysts known as the Cannalysts, who have become the top experts in the space, about how the market has evolved in the early months. See omnystudio.com/listener for privacy information.
Mar 04, 2019•29 min
Some of Silicon Valley's biggest unicorns like Uber and Slack are expected to go public this year. But when companies finally pull the trigger and launch their IPOs, what factors should you keep in mind before investing? On this week's Odd Lots podcast, we speak with Rett Wallace of Triton.ai about how his company analyzes IPOs, and why some companies are going public later in their lives. See omnystudio.com/listener for privacy information....
Feb 25, 2019•26 min
Jamie Catherwood is an investment analyst at Arthur J. Gallagher & Co. He's also a major financial history buff, and tells us the story of the tech stock bubble in the 17th century, when investors went crazy for schemes that facilitated underwater breathing and the search for sunken treasures. See omnystudio.com/listener for privacy information.
Feb 18, 2019•33 min
The Pay Check is collecting stories for our upcoming season, and we want to hear from you! Did having a kid change your career trajectory or the way you work? If you have anything you want to share, call and leave us a voicemail at (212) 617-0166. Stay tuned for more very soon! See omnystudio.com/listener for privacy information.
Feb 13, 2019•39 sec
For years, the key to beating the stock market was to invest a lot in the big tech stocks like Facebook and Apple. But in 2018, they stumbled hard, amid a general selloff in the market, concerns about their growth potential, and concerns about regulation out of DC. So what's next for them? On this week's episode, we spoke to Leigh Drogen, the founder and CEO of Estimize, a site that gathers buy-side earnings forecasts. Leigh has a great feel for the business models of each company, and the chall...
Feb 11, 2019•33 min
India is going to have a general election in the months ahead, and so it's important to understand the state of the economy, and what incumbent Prime Minister Narendra Modi has accomplished during his five years in office. See omnystudio.com/listener for privacy information.
Feb 04, 2019•34 min
Matt Boesler, an economics reporter for Bloomberg, had the opportunity to report from Beijing for a few months in 2018. He shares with us his experience there, and what he learned from the opportunity. See omnystudio.com/listener for privacy information.
Jan 28, 2019•33 min
At the heart of government debt is a promise to pay back creditors. But governments sometimes don't do this - either by defaulting on their bonds or restructuring their debt. How are these decisions made? And what happens to borrowings that governments say should never have been done at all? See omnystudio.com/listener for privacy information.
Jan 21, 2019•36 min
Even at Bitcoin’s recent peak, there was very little active use of the cryptocurrency in normal commerce. On this week's episode, we speak with Bitcoin maximalist Pierre Rochard of Bitcoin Advisory on why he's still a believer in the currency, and the technological developments being done to make it useful for normal spending. See omnystudio.com/listener for privacy information.
Jan 14, 2019•31 min
On this new show from Bloomberg, hosts Francesca Levy and Rebecca Greenfield navigate the productivity industry by way of their own experiences. In each episode, one of the two becomes a human guinea pig as she tries to solve a specific work-related problem. Using the advice of so-called productivity experts, the duo tackles obstacles like ineffective to-do lists, overflowing inboxes and unruly meetings. Follow along with their attempts, insights and missteps, and maybe find a solution that will...
Jan 09, 2019•3 min
The last two years have been an extraordinary ride for Bitcoin. It exploded in 2017, with the price nearing $20,000 per coin. Then in 2018 it totally collapsed. On this week's episode, we speak with Peter McCormack, a bitcoin trader, who bought in at the bottom, rode the boom all the way to the top, and then proceeded to lose almost everything. He shares with us what he learned along the way. See omnystudio.com/listener for privacy information....
Jan 07, 2019•33 min
After a volatile 2018, few people in the market expect calm to return anytime soon. Politics, the Fed, and trade will continue to be major sources of uncertainty. And of course there will be numerous events that nobody is thinking about right now. On this week's episode, host Joe Weisenthal speaks with Bloomberg macro strategist Cameron Crise and cross-asset reporter Luke Kawa about the key things to watch in 2019 if you're in the market. See omnystudio.com/listener for privacy information....
Dec 31, 2018•22 min
2018 will go down as one of the most pivotal for financial markets since the financial crisis. We saw the return of significant volatility, amid poor returns in several asset classes. On this week's episode, host Joe Weisenthal speaks with Bloomberg macro strategist Cameron Crise and cross-asset reporter Luke Kawa about the key themes we saw this year. See omnystudio.com/listener for privacy information.
Dec 24, 2018•23 min
The biggest macro trend in investing is the rise of so-called "passive investing." But while this may have advantages for the individual investor, it raises a whole new host of issues, such as elevating the role of index designers, and decreasing the emphasis on studying individual companies. On this week's Odd Lots podcast, we speak with Bernstein's Inigo Fraser-Jenkins who once wrote a note that said passive investing is "worse for society than Marxism." See omnystudio.com/listener for privacy...
Dec 17, 2018•37 min
The past couple months have seen the return of volatility in markets. On this edition of Odd Lots, we speak to Chris Cole, the founder of Artemis Capital Management and a long-time watcher of volatility. Cole has argued that a lot of the investment strategies we take for granted in markets essentially amount to a giant bet that volatility will remain low. So what happens when vol starts to come back? See omnystudio.com/listener for privacy information....
Dec 10, 2018•33 min
With assets like stocks and bonds, there are clear techniques you can use to value them. But what about currencies? They don't produce cash flows. They don't offer any particular claim on assets. They're all priced relative to other currencies. So how do you go about determining their value? See omnystudio.com/listener for privacy information.
Dec 03, 2018•30 min
Paul Volcker is widely-regarded as single-handedly halting a period of severe inflation in the U.S. during the late 1970s and early 1980s. But the former chairmen of the Federal Reserve’s reputation wasn't always so secure. So how does he view his legacy? Christine Harper, the editor of Bloomberg Markets, spent two years working with Volcker to co-author his autobiography, “Keeping At It: The Quest for Sound Money and Good Government.” See omnystudio.com/listener for privacy information....
Nov 26, 2018•27 min
For years, a common mantra among corporate executives has been that "the blockchain," the technology underlying Bitcoin and other cryptocurrencies, is where the real value lies in the future. But on this week's episode of Odd Lots, we speak to Angus Champion de Crespigny, who formerly advised companies on how to use blockchain technology. He now believes that ultimately it won't get them anywhere. See omnystudio.com/listener for privacy information....
Nov 19, 2018•34 min
So-called "unicorns" have become household names in recent years. Multi-billion dollar companies like AirBNB, Uber, and WeWork have become known for phenomenal growth, extraordinary valuations, and a general dearth of profits. That means these companies have been reliant on accommodative financial conditions to maintain their growth. So how might this all come to an end? See omnystudio.com/listener for privacy information.
Nov 12, 2018•34 min
What’s the most sure-fire way to get a flight upgrade? How can you find the best, secret local restaurants by asking just one question? What's the first thing you should do when you get into a hotel room? On Bloomberg's new podcast Travel Genius, we'll give you those answers—and plenty more—as hosts Nikki Ekstein and Mark Ellwood quiz the world’s most experienced globetrotters for their tried-and-true travel hacks. Listen weekly, and even your work trips will go from a necessary evil to an exper...
Nov 06, 2018•2 min
If there's one person associated with the term "Rogue Trader" it's Nick Leeson, who singlehandedly brought down Barings Bank in the early 90s, following a series of efforts to cover up bad trades. After the collapse of the bank, he spent time in a Singapore prison. On this week's podcast, we talk to Nick about the experience, what he learned, and how he managed to rebuild his life. Correction: Corrects the spelling of Barings Bank in the description of the podcast. See omnystudio.com/listener fo...
Nov 05, 2018•36 min
Where does a medical cure come from? 100 years ago, it wasn't uncommon for scientists to test medicines by taking a dose themselves. As medical technologies get cheaper and more accessible, patients and DIY tinkerers are trying something similar—and mainstream medicine is racing to catch up. Prognosis explores the leading edge of medical advances, and asks who gets—or should get—access to them. We look at how innovation happens, when it fails, and what it means to the people with a disease tryin...
Nov 02, 2018•2 min
Eurodollars have nothing to do with the euro-dollar exchange rate. Instead, they're effectively a source of dollars that operates outside the control of the U.S. Jeff Snider, Head of Global Research at Alhambra, has a theory that recent market volatility might have its roots in some eurodollar drama. See omnystudio.com/listener for privacy information.
Oct 29, 2018•34 min
Bloomberg’s head of economics Stephanie Flanders calls on Bloomberg's worldwide network of reporters and expert commentators to cast a fresh eye on looming challenges for the world economy which affect us all. This 6 part podcast combines on the ground reporting with expert discussion on the future of cities, finance and technology, trade, global governance and making growth more inclusive. It's the start of a global conversation on how to confront these issues which will continue in Singapore i...
Oct 24, 2018•2 min
China has a plan for how it wants to transform into a modern economy. But the future of China’s economy is complicated both by internal factors like debt-fueled growth, as well as external challenges like a potentially drawn out trade war with the U.S. On this week’s Odd Lots, George Magnus, author of “Red Flags: Why Xi’s China is in Jeopardy,” explores these pressures and more. See omnystudio.com/listener for privacy information.
Oct 22, 2018•47 min
The creation story of the first exchange-traded fund is actually the best way to understand how they work. And it's not just educational, it's entertaining. Like the PC and the MP3, the story of the creation of SPY -- which turned 30 this year -- is full of characters, twists and turns, and subplots. In the end, the product launched an industry that's reshaping not just investing but the entire financial ecosystem. This six-episode miniseries will weave together interviews with the founding fath...
Oct 19, 2018•2 min
Marijuana stocks have been on a tear recently, as investors bet on the explosion of a brand new, legalizing market. But, how should investors actually go about trying to figure out which companies are well run and in a position to profit from this mark? *Editor's note: Our guest Craig Wiggins misidentified the company "Aurora" as building to scale around 14:54 in the episode. The correct company is Aphria. See omnystudio.com/listener for privacy information....
Oct 15, 2018•41 min
A little over two years ago, Saudi Arabia revealed plans to IPO part of its huge state-owned national oil company. The listing would have been the largest in history and a centerpiece of the Kingdom's efforts to reduce its reliance on oil income and open its economy to the wider world. But in recent weeks, there've been reports that the IPO has been put on ice. So what does this mean for Saudi Arabia's future? See omnystudio.com/listener for privacy information....
Oct 08, 2018•32 min
