Odd Lots

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

https://bloomberg.com/podcasts/odd_lots

Eine durchschnittliche Folge dieses Podcasts dauert 42m. Bisher sind 776 Folge(n) erschienen. Alle 3 Tage erscheint eine Folge dieses Podcasts.

Gesamtlänge aller Episoden: 21 days 18 hours 42 minutes

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Stephanie Kelton on How MMT Won the Fiscal Policy Debate

[transcript]


In a sense, Modern Monetary Theory has won. This is not because policy measures are necessarily in line with what MMT adherents would prescribe. Rather, the debate over economic policy, in particular fiscal policy, is happening on MMT terms. MMTers argue that the constraint on government spending is inflation and real resources -- not credit risk -- and that's exactly how even the critics of the stimulus bill have attacked it, that it will be inflationary...


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 March 18, 2021  53m
 
 

Did We Just Experience a Break in the Neoliberal Consensus?

[transcript]


For decades, the dominant economic philosophy of the United States has been that fiscal policy should be relatively inert, and that the Fed should be the primary driver of macroeconomic stabilization. But that may be changing. As evidenced by the stimulus deal, the political willingness to use fiscal stimulus in a responsive way appears to be growing. Moreover, the importance and power of fiscal firepower has been accepted by a range of actors, from Senator Bernie Sanders to the U.S...


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 March 15, 2021  58m
 
 

Introducing: Doubt

[transcript]


A few decades ago, nobody really questioned vaccines. They were viewed as a standard part of staying healthy and safe. Today, the number of people questioning vaccines risks prolonging a pandemic that has already killed hundreds of thousands of Americans. How we got to this moment didn’t start with the rollout of vaccines or in March 2020, or even with the election of Donald Trump. Our confidence in vaccines, often isn't even about vaccines. It’s about trust...


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 March 12, 2021  2m
 
 

Michael Pettis on Persistent Imbalances in Post-Pandemic China

[transcript]


By some measures, the Chinese economy did better in 2020 than just about anywhere else. For one thing, it actually grew last year. Also because of the country's success at virus containment, it returned to normalcy faster than elsewhere. But the Chinese economy maintains persistent imbalances, and if anything, the pandemic may have accelerated them...


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 March 11, 2021  56m
 
 

Why Music Back Catalogs Have Become a Red-Hot Asset Class

[transcript]


Bob Dylan did it last year. Shakira did it in January. More and more famous musicians are selling off the rights to their back catalogs to investors. But why now? Why is there so much demand for this asset? On the latest Odd Lots, we speak with Alaister Moughan, an independent music valuation expert, about why this booming market is happening now.

See omnystudio.com/listener for privacy information.


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 March 8, 2021  40m
 
 

Coming Soon: The Pay Check Season 3

[transcript]


More than 150 years after the end of slavery in the U.S., the net worth of a typical white family is nearly six times greater than that of the average Black family. Season 3 of The Pay Check digs into into how we got to where we are today and what can be done to narrow the yawning racial wealth gap in the U.S...


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 March 5, 2021  3m
 
 

Zoltan Pozsar on What Just Happened with the Treasury Market

[transcript]


The Treasury market just experienced what some might call a tantrum. Across the yield curve, we saw rates shoot up. And it's not even clear why it happened. There was no comment from a Fed official like there was with the 2013 taper tantrum. No single datapoint that stood out...


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 March 4, 2021  43m
 
 

Howard Lindzon Tells Us Why He Launched His Own SPAC

[transcript]


SPACs, sometimes referred to as blank check companies, are incredibly hot. After being a sort of sleepy and sometimes sketchy backwater of the finance world, the last several months have seen them go on an absolute tear, with several of them fronted by celebrities like Alex Rodriguez or Colin Kaepernick. On this episode, we speak with longtime investor and VC Howard Lindzon about his journey towards launching one of his own: how it came about and why he is excited about the model...


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 March 1, 2021  58m
 
 

How Chinese Buying Is Causing a Boom in Agricultural Commodities

[transcript]


There are lots of hot areas in the market, which everybody knows. Stocks are obviously hot, as are industrial commodities like copper. Agricultural commodities are surging as well. If you look at a chart of corn or soy or even oats, they've been on a tear. One big factor: Chinese demand, in part driven by a desire to stock up on supplies. Meanwhile, China is launching agricultural futures of its own, including a new contract on hogs...


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 February 25, 2021  38m
 
 

This Is How the World Ended up with a Shortage of Semiconductors

[transcript]


The world is facing a chip shortage. Numerous companies, including the auto sector, are facing an inability to get semiconductors, hampering their ability to manufacture their goods and generate sales. Part of this is an acute crisis, related to the virus. But there's also a long-term structural issue, with so few companies able to manufacture at scale...


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 February 22, 2021  45m