Odd Lots

Bloomberg’s Joe Weisenthal and Tracy Alloway take you on a not-so random weekly walk through hot topics in markets, finance and economics.


Eine durchschnittliche Folge dieses Podcasts dauert 33m. Bisher sind 329 Folge(n) erschienen. Dies ist ein wöchentlich erscheinender Podcast

JPMorgan's Josh Younger on Rate Derivatives and Volatility Ahead of the Election

For months now, traders have been positioning for a major volatility spike around the November election. But what are markets really expecting, and how are investors hedging? On this episode, we speak with Josh Younger, a rate derivatives strategist at JPMorgan to discuss how he goes about finding signal in the market's noise, how traders are positioning, and what could be a shock to the market on election day.


 2020-10-26  57m

Benoît Cœuré On Central Bank Digital Currencies And The Future Of Monetary Policy

Central banks around the world are increasingly launching pilot projects to explore the possibility of issuing digital currencies. But how would they work and what would they accomplish? On this episode, we speak with Benoît Cœuré, the head of the BIS Innovation Hub and a former member of the ECB Executive Board. We discuss CBDCs as well as the future of monetary policy more broadly.


 2020-10-22  57m

Rep. Ro Khanna On Why Democrats Should Cut A Stimulus Deal With The White House

With just two weeks until the election, talks over a stimulus deal remain ongoing, with negotiations having picked up between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin. Many of the disagreements haven't been about the price tag per se, but around language on such things as a national testing strategy and workplace liability...


 2020-10-20  53m

A Volatility Arbitrage Trader On What Markets Are Saying Right Now

It's been an extraordinary year for traders of volatility. We had the crisis, we had this incredible surge in retail call options buying, and we have the election coming up. On this episode, we speak with Kris Sidial, a co-founder and vice president at The Ambrus Group, to discuss volatility arbitrage trading in this extraordinary environment.


 2020-10-19  44m

How Tobacco Became One Of The Greatest Investments In History

For over a century, tobacco stocks have been among the greatest investments in history, consistently outperforming other sectors decade after decade. But what is it about tobacco companies specifically that has led to this incredible performance? On this episode, we speak with financial advisor Lawrence Hamtil along with Gene Hoots, a financial advisor and the author of “Going Down Tobacco Road”, to discuss the extraordinary performance of this sector.


 2020-10-15  56m

Michael Hudson On Why The US Risks Becoming The Next Greece

In the wake of the Great Financial Crisis, you heard a lot of talk about the US becoming like Greece unless the budget deficit were brought under control. However, these warnings proved to be unfounded. That being said, there are risks of a different variety. On the latest Odd Lots, we speak with the economist Michael Hudson on the risk of too much private sector debt, which could lead to permanently degraded consumption and investment.


 2020-10-12  57m

What It Takes To Win At Quant Investing

Interest in quantitative investing strategies continues to grow; however, as the space gets more competitive, making money and winning gets harder and harder. Computation costs alone can be prohibitive. On the latest episode, we speak with Columbia Business School professor Ciamac Moallemi about how the world's best quant funds thrive.


 2020-10-08  50m

An IMF Economist On The Challenge Of Finding The Neutral Rate Of Interest

One of the guiding lights of Fed policy over the years has been the so-called Neutral Rate of Interest or R*. It's at this rate, theoretically, where the economy comes into balance, with full employment and stable prices. Yet, not only has discovering that level become challenging, but the premise itself has been called into question...


 2020-10-05  53m

Volatility Suppression Turned The Entire Economy Into One Big Carry Trade

In a carry trade, an investor borrows money cheaply to buy an asset that yields more. As long as nothing changes overall, the investors get to pocket the spread. In our latest episode, our guests argue that more and more aspects of the economy resemble this trade, and that the culprit is the policymaker suppression of volatility...


 2020-10-01  46m

How All Financial Markets Turned Into The Same Big Trade

These days it seems like all financial markets are the same big trade. A gold chart looks like a Tesla chart, which looks like an Ethereum chart, which looks like a chart of a basket of cloud computing stocks. So why is this? And what could cause that to change? On this episode, we speak with Jared Woodard, the head of the Research Investment Committee at Bank of America, who recently published a report on exactly this...


 2020-09-28  45m