Capital Ideas Podcast

The year 2020 has been uncharacteristically eventful for the municipal bond market, which has seen multiple shifts in direction in just a few short months. We check in with resident muni portfolio managers Chad Rach and Mark Marinella for a recap of the volatile year to date; a status report on muni mainstays such as airports, toll roads and hospitals in the midst of the pandemic; and a glimpse at what muni bond investors might expect for the second half of the year. Chad Rach is a fixed income portfolio manager with 27 years of investment experience. He holds an MBA from the University of Chicago and a bachelor’s from Marquette University. Mark Marinella is a fixed income portfolio manager with 33 years of investment experience. He holds an MBA from Boston College and a bachelor's in economics from the University of Massachusetts. He is also a CFA charterholder. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. This content is published by Capital Client Group, Inc. Do you have any suggested topics for Capital Ideas? Please contact our editorial team at capitalideas@capgroup.com. Want investment insights in your inbox? For industry-leading articles, support tools and more, subscribe to Capital Ideas at getcapitalideas.com. The Capital Ideas website is not intended for use outside the U.S. In Canada, please visit thecapitalgroup.com/ca for Capital Group insights.

Author Zachary Carter discusses the themes behind his new book — “The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes.” As one of the most important thinkers of the 20th century, Keynes continues to have broad influence over policymakers around the world, particularly in the aftermath of the 2008–09 financial crisis and the coronavirus outbreak. Zachary Carter is a senior reporter at HuffPost, where he covers Congress, the White House and economic policy. He is a frequent guest on cable news and news radio, and his written work has also appeared in The New Republic, The Nation and The American Prospect, among other outlets. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. This content is published by Capital Client Group, Inc. Do you have any suggested topics for the Capital Ideas podcast? Please contact our editorial team at capitalideas@capgroup.com. Want investment insights in your inbox? For industry-leading articles, support tools and more, subscribe to Capital Ideas at getcapitalideas.com. The Capital Ideas website is not intended for use outside the U.S. In Canada, please visit the capitalgroup.com/ca for Capital Group insights. Related Links: The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes Hardcover  

Engineers may not get the love they deserve, says author Lord John Browne, best known for his transformative tenure as CEO of energy giant BP. In this conversation recorded shortly before the COVID-19 pandemic, Browne explores themes from his latest book, “Make, Think, Imagine: Engineering the Future of Civilization,” chief of which is the critical role engineering has played at the intersection of art and commerce. This reminder of engineering’s ability to meet the world’s challenges and forge a path to progress should strike an optimistic chord for investors and society. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. John Browne, Lord Browne of Madingley, is a British author and businessman best known for his role as chief executive officer of British Petroleum (BP) from 1995 to 2007.  This content is published by Capital Client Group, Inc. Do you have any suggested topics for the Capital Ideas podcast? Please contact our editorial team at capitalideas@capgroup.com. Want investment insights in your inbox? For industry-leading articles, support tools and more, subscribe to Capital Ideas at getcapitalideas.com. The Capital Ideas website is not intended for use outside the U.S. In Canada, please visit thecapitalgroup.com/ca for Capital Group insights.

Capital Group portfolio manager Carl Kawaja discusses the outlook for global equity markets in the COVID-19 era. In a wide-ranging interview, Carl offers his view of the remarkable stock market rally since late March, as well as the challenges and opportunities facing investors amid unprecedented levels of market and economic uncertainty. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. Carl Kawaja is an equity portfolio manager with 33 years of investment experience, 28 at Capital Group. He earned an MBA in finance from Columbia Business School and a bachelor's degree in history from Brown University. This content is published by Capital Client Group, Inc. Do you have any suggested topics for Capital Ideas? Please contact our editorial team at capitalideas@capgroup.com. The Capital Ideas website is not intended for use outside the U.S. In Canada, please visit the capitalgroup.com/ca for Capital Group insights.

How do leaders make important decisions when the stakes are high, the data is flawed and the outcome is unknowable? Often badly — in part, because they rely on bogus quantification instead of seasoned judgement. That’s one of the themes outlined in a new book by former Bank of England governor Mervyn King and economist John Kay. In this podcast, we explore that perplexing issue at the heart of their newly released book, “Radical Uncertainty: Decision-Making Beyond the Numbers.” Mervyn King, former governor of the Bank of England, is a professor at New York University and emeritus professor at the London School of Economics. He is the author of “Radical Uncertainty” and “The End of Alchemy,” among other books. John Kay is a visiting professor at the London School of Economics and a fellow of St John's College, Oxford University. As the director, he established the Institute for Fiscal Studies as one of Britain's most respected think tanks. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. This content is published by Capital Client Group, Inc.  Do you have any suggested topics for Capital Ideas? Please contact our editorial team at capitalideas@capgroup.com. The Capital Ideas website is not intended for use outside the U.S. In Canada, please visit the capitalgroup.com/ca for Capital Group insights.

The outbreak of the coronavirus and concerns about what its rapid spread could mean for global markets and economies have prompted this special episode of Capital Ideas. Hong Kong-based economist Stephen Green discusses the supply-chain disruptions already taking shape, which sectors stand to lose — or gain — from the crisis and how soon “business as usual” might be expected to return to China and global economies. Stephen Green covers Asia from Hong Kong. He has 14 years of investment industry experience, four with Capital. He holds a PhD in government from the London School of Economics and a first-class honors degree in social and political sciences from Cambridge. This content is published by Capital Client Group, Inc.  Do you have any suggested topics for Capital Ideas? Please contact our editorial team at capitalideas@capgroup.com. The Capital Ideas website is not intended for use outside the U.S. In Canada, please visit the capitalgroup.com/ca for Capital Group insights.

Host Matt Miller takes us on a tour of outstanding moments from recent Capital Ideas podcast episodes, including excerpts from conversations about oil rigs, Teslas, long-term opportunities in Asia and more. Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. This content is published by Capital Client Group, Inc.  Do you have any suggested topics for Capital Ideas? Please contact our editorial team at capitalideas@capgroup.com. The Capital Ideas website is not intended for use outside the U.S. In Canada, please visit the capitalgroup.com/ca for Capital Group insights.

The proliferation of video streaming services has been the most conspicuous change of late in Hollywood’s evolving competition for the consumer dollar. Investment analyst Brad Barrett, who has covered media for 19 years, details what differentiates the key players, how the battle lines are being drawn and what’s at stake for investors. Barrett is a research director and equity investment analyst with responsibility for media, cable and satellite, advertising-driven internet companies and telecommunication services in the U.S. He holds a bachelor’s degree in economics from Claremont McKenna College. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. This content is published by Capital Client Group, Inc.  Do you have any suggested topics for Capital Ideas? Please contact our editorial team at capitalideas@capgroup.com. The Capital Ideas website is not intended for use outside the U.S. In Canada, please visit the capitalgroup.com/ca for Capital Group insights.

Today’s global oil industry is experiencing a period of disruption, says investment analyst Jacinto Hernandez. From the technological (the shale revolution) to the geopolitical (rising Middle East tensions) to the environmental (ESG concerns), Hernandez breaks down the forces shaping his outlook and draws from his 19 years covering energy to consider the implications for investors. Jacinto Hernandez is an equity investment analyst with research responsibility for global oil & gas exploration and production, oil services and engineering & construction companies. He has 19 years of investment experience, all with Capital Group. He holds a bachelor’s degree in economics from Stanford University. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. This content is published by Capital Client Group, Inc.  Do you have any suggested topics for Capital Ideas? Please contact our editorial team at capitalideas@capgroup.com. The Capital Ideas website is not intended for use outside the U.S. In Canada, please visit thecapitalgroup.com/ca for Capital Group insights.

After three years of political wrangling in the U.K., Brexit finally appears to be moving forward. As the U.K. prepares to leave the European Union, Capital Group economist Robert Lind and political economist Talha Khan share their views on what’s coming next and how it might affect European trade and economic growth in the years ahead. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. Robert Lind is an economist with 31 years of industry experience, two with Capital Group. He previously worked as group chief economist at Anglo American and head of macro research at ABN AMRO. Robert earned a bachelor's degree at Oxford. Talha Khan is a political economist with 10 years of industry experience, all with Capital Group. He holds a master's in international political economy from the London School of Economics and a bachelor's in economics and political science from Macalester College in Minnesota. This content is published by Capital Client Group, Inc.  Do you have any suggested topics for Capital Ideas? Please contact our editorial team at capitalideas@capgroup.com.