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 32m. Bisher sind 272 Folge(n) erschienen. Dies ist ein wöchentlich erscheinender Podcast

How Saudi Arabia Delivered A Blow To U.S. Shale Companies At The Worst Possible Moment

Saudi Arabia recently announced that it was engaging in a full-on price war by pumping oil like crazy. At one point, after the move, the price of Brent Crude plunged 31%. This was a body blow to U.S. shale companies, who are already reeling from falling prices and tightening credit markets. On this week's episode of Odd Lots, we speak with Buddy Clark, a Houston lawyer at the offices of Haynes and Boone about why this came at the worst possible time for the industry, and what could happen next.


 2020-03-16  40m

How To Stop The Recession From Happening Right Now

The U.S. is on the verge of an economic crisis due to the coronavirus, as people and businesses aggressively pull back on spending. On this week's Odd Lots podcast, we speak with Claudia Sahm, the director of Macroeconomic Policy at the Washington Center for Equitable Growth, about what the government can be doing right now to stop a recession. Claudia has done extensive research on exactly this topic, and now is the moment to put her theoretical work into practice.


 2020-03-12  39m

Did Passive Investing Fuel A Bubble In Ultra-Large Tech Stocks?

Questions continue to arise over the effect of passive investing, and whether or not it's somehow distorting the market. On this week's episode, we speak to Vincent Deluard, the Director of Global Macro for INTL FCStone Inc., who argues that the endless bid for ETFs have helped fuel a bubble in megacap stocks, which continue to outperform the market.


 2020-03-09  43m

How A Profane Subreddit Moved The Market

In recent weeks, before the stock market plunged, a page on reddit called r/WallStreetBets suddenly started exhibiting enormous influence on a handful of stocks. The emergence of online chat rooms making huge wagers in the market calls to mind the message boards of the dotcom era. But this page is taking it to a new level...


 2020-03-05  1h0m

How Iraq Pulled Off One Of The Biggest Sovereign Debt Restructurings Of All Time

There are lots of famous debt crises in history, but the story of Iraq's government debt build-up in the 1980s and subsequent restructuring in the early 2000s is probably one of the most unusual. Iraq transformed from a net creditor to a net borrower in a single decade, tapping a bunch of unusual sources (including funds linked to the CIA) for money to finance war against Iran. All that borrowing eventually culminated in one of the biggest debt restructurings in history...


 2020-03-02  55m

This Is What The Coronavirus Means For The Chinese Supply Chain

Apple's recent revenue warning reminded the world of how exposed the company is to China, and in particular its factories. As the coronavirus continues to shutter huge swaths of the Chinese economy, this is a potential risk for numerous companies beyond just Apple. On this week's Odd Lots podcast, we speak with Dan Wang, a China tech industry analyst at Gavekal Dragonomics about how this, along with pressure on Huawei, are putting extraordinary pressure on the Chinese supply chain.


 2020-02-26  39m

The Jeweler From Uncut Gems Explains Why People Go Crazy For Gold And Diamonds

One of the best recent movies was Uncut Gems, in which Adam Sandler plays a Diamond District jeweler with an addiction to gambling and risk. It turns out, one of the workers in Sandler's shop was played by an actual, real-life jewelry dealer. On this week's episode, we speak with Maksud Agadjani, the founder and owner of TraxNYC, which sells a range of items, from traditional bracelets and necklaces to highly customized, 3D-printed items for celebrities...


 2020-02-24  45m

What the Coronavirus Means for Pandemic Bonds

Back in 2017, the World Bank issued the world's first pandemic bonds. The bonds are meant to shift some of the financial risk of a global pandemic on to investors, but they've been criticized for having 'triggers' that are too tough to generate payouts. Now, as the coronavirus outbreak continues to spread, it's worth looking at how these bonds are structured and what they can tell us about the future of public-private partnerships in finance...


 2020-02-17  30m

Why The Rise of Passive Investing Might Be Distorting The Market

Over the last decade or so, we've seen an incredible rise in so-called passive investing. While definitions differ over what this means, we've seen more and more money poured into index funds (which own every stock in a given basket). Meanwhile, money has been yanked away from money managers who attempt to select individual stocks. One school of thought argues that this is a positive, in part due to lower fees...


 2020-02-10  47m

How To Use Fiscal Stimulus To Stave Off The Next Recession

There's a growing consensus that governments need to act more aggressively in using fiscal policy to stave off the next recession, and that monetary policy simply isn't powerful enough...


 2020-02-03  1h0m