Capital Ideas Podcast

If you have a credit card, a car loan or any number of other financial products, Wall Street has an impact on your life. In this podcast, author and former investment banker William D. Cohan explains “Why Wall Street Matters” to just about everyone. That’s also the title of his new book, which provides a counterargument to the widespread vilification of Wall Street in the national media and on Capitol Hill. Listen and learn: How Wall Street came to be viewed as an irredeemable villain Why it’s so important to know the truth about this critical engine of our economy What can be done to restore confidence in our financial institutions Your host, Matt Miller, is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was previously co-host of the public radio program Left, Right & Center. Related: 10 Charts That Explain What You Need to Know About the U.S. Economy This content is published by Capital Client Group, Inc.  Do you have any topics for Capital Ideas? Please contact our editorial team at CapitalIdeas@capgroup.com.  

Today’s pharmaceutical industry is teetering between an innovation renaissance and an affordability crisis. Investment analyst Craig Gordon, a former practicing physician, takes us inside the complex world of pharma and biotech, where the interests of doctors, patients, insurers and policymakers can often be at odds. Listen and learn: What made 2016 an off year for pharma investors What leading-edge innovations are shaping the industry today, and what sorts of companies stand to benefit Why pharma’s next big innovation just might be affordability 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 topics for Capital Ideas? Please contact our editorial team at CapitalIdeas@capgroup.com. Related Global Companies: The Power of Deep Distribution Networks

This special episode features conversations with two authors from the world of big ideas: TV executive David Goldhill and law professor Tim Wu. A family tragedy propelled Goldhill into an exhaustive analysis — and eventual indictment — of America’s health care system. Listen and learn why the system of incentives in U.S. health care needs a new prescription, and what commonly held myths could be accelerating the system’s downward spiral. Wu’s latest book traces the evolution of advertising from the penny press of the 1830s to today’s BuzzFeed. Learn why today’s quest for clicks raises questions for consumers about the ultimate cost of “free.” David Goldhill is president and CEO of the Game Show Network. He is the author of Catastrophic Care: How American Health Care Killed My Father — and How We Can Fix It.  Tim Wu is a law professor at Columbia University and formerly served as a senior advisor to the U.S. Federal Trade Commission. His latest book is The Attention Merchants: The Epic Scramble to Get Inside Our Heads. 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 topics for Capital Ideas? Please contact our editorial team at CapitalIdeas@capgroup.com.  

You wouldn’t want your dog behaving like a cat, so why invest in a bond fund that behaves like a stock fund? In this podcast, Mike Gitlin — Capital Group’s head of fixed income — explains why this concept is so important for investors seeking a well diversified portfolio. Listen and learn: Why bond investors may want to avoid excessive credit risk How “bond math” can protect you from rising interest rates Why the outlook for the U.S. economy matters to bond investors And what exactly is the “Post-Post Crisis Period?” Your host, Matt Miller, is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was previously co-host of the public radio program Left, Right & Center. This content is published by Capital Client Group, Inc.  Do you have any topics for Capital Ideas? Please contact our editorial team at CapitalIdeas@capgroup.com. Related: Three Principles of Fixed Income Investing in the Post-Post-Crisis Environment The Capital Ideas website is not intended for use outside the U.S. In Canada, please visit thecapitalgroup.com/ca for Capital Group insights.  

At the midyear point, answers to some of 2017’s burning questions about the global economic recovery and financial markets are coming into focus. Capital Group portfolio managers Jody Jonsson and David Hoag and economist Darrell Spence join host Matt Miller for a lively exchange of ideas with profound implications for investors. Want continuing education credit? U.S. financial professionals can take the quiz here: https://www.assettv.com/player/assettv-us-masterclass-player/105042?cid=sf_pa_10101 Listen and learn: Whether the U.S., Europe and China are in the midst of a synchronized global recovery How long the U.S.’s eight-year bull market can continue Whether rising interest rates will cast a pall over the bond market 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.  Related: Midyear Outlook: The Global Economic Picture Brightens (U.S.)  www.thecapitalgroup.com/ca/insights/articles/midyear-outlook-2017 (Canada) Do you have any topics for Capital Ideas? Please contact our editorial team at CapitalIdeas@capgroup.com.

Municipal bonds provide financing for hospitals, roads, schools and many other public projects we all know and utilize, yet many investors are unfamiliar with the inner workings of this nearly $4 trillion market. In this podcast, Capital Group portfolio managers Karl Zeile and Chad Rach explain how the U.S. tax-exempt municipal market works and offer their view on how it might be affected by government reform efforts. Listen and learn: How the muni market is facing challenges from tax reform and health care regulation to Puerto Rico’s debt crisis How high-yield municipal bonds differ from their taxable counterparts Why the muni market was so unsettled following the November U.S. elections Your host, Matt Miller, is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was previously co-host of the public radio program Left, Right & Center. This content is published by Capital Client Group, Inc.  Related: Could Higher Infrastructure Spending Move the Muni Market? Do you have any topics for Capital Ideas? Please contact our editorial team at CapitalIdeas@capgroup.com.

Do U.S. Equities Have Room to Run? Eight years into its current expansion, the U.S. economy has given investors cause for concern. How much longer can it grow? Portfolio manager Mike Kerr acknowledges the elephant in the room but continues to find conditions favorable for U.S. equities in a number of key industries. Listen and learn: Which three industries are poised to lead U.S. growth in the decade ahead Where it pays to be value-oriented as a growth investor How this veteran energy analyst recognized and took advantage of a 30-year opportunity in oil 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 topics for Capital Ideas? Please contact our editorial team at capitalideas@capgroup.com.  

Is there a future for Britain beyond Brexit? Portfolio manager Jonathan Knowles will have you convinced there is. This Singapore-based, 25-year industry veteran covers the investment implications of nationalism in Europe, internet advances in China, headwinds in the emerging markets and technological disruption just about everywhere. Listen and learn: Why Brexit might not spell calamity for Britain Why rumors of the multinational company’s demise may be greatly exaggerated How many unique data points e-commerce giant Alibaba has on every Chinese citizen Your host, Matt Miller, is 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. Related: Why This Portfolio Manager Sees Her Glass Half Full This content is published by Capital Client Group, Inc.  Do you have any topics for Capital Ideas? Please contact our editorial team at CapitalIdeas@capgroup.com.

China’s economy remains one of the fastest growing in the world, despite a pronounced slowdown in recent years. Exactly how fast is it growing? What are the long-term implications for investors? We explore these questions and others with Capital Group’s most experienced China-watchers, economist Stephen Green and China affairs specialist Andrew Dougherty. Listen and learn: How quickly is China moving to a consumption-based economy? What’s the outlook for trade relations between China and the U.S.? What’s more dangerous on the streets of Shanghai — a speeding Ferrari or a melon truck? Your host, Matt Miller, is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was previously co-host of the public radio program Left, Right & Center. Related: Where Is China’s Economy Headed in 2017? This content is published by Capital Client Group, Inc.  Do you have any topics for Capital Ideas? Please contact our editorial team at CapitalIdeas@capgroup.com.

Technology has so accelerated the pace of innovation that ideas quickly go from invention to widespread adoption. What’s driving this rapid change, and what are the implications for the global economy? Mark Casey has grappled with these questions for 17 years as an equity portfolio manager who covers U.S. internet companies from Capital Group’s San Francisco office. Listen and learn: What is machine learning, and how is it different from artificial intelligence? Self-driving cars are coming. Who might they leave behind? Why might routine be your enemy? 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. Related Infographic: Artificial Intelligence: It's Not the Future, It's Now This content is published by Capital Client Group, Inc.