Unhedged

Discover insights into disinflation trends and demographic shifts impacting future economic growth. The conversation dives into the complexities of inflation, rising national debt, and the irony of government efficiency initiatives. Listeners will learn about the challenges of the U.S. federal budget, especially concerning Social Security and Medicare. Plus, hear about Disney's streaming strategy and Turkey's monetary policy changes. It's a fascinating exploration of how these elements shape investment and economic landscapes.

Join economist and hedge fund manager Eric Lonergan and Cambridge fellow Leah Downey as they discuss the tumultuous role of anger in shaping political landscapes and economic outcomes. They dissect how emotional discontent drives voter behavior and complicates traditional economic theories. The conversation extends to the impact of political maneuvers on monetary policy and the unpredictable nature of market reactions. They also critique German economic policies amidst changing bond markets, unveiling intriguing insights into innovation amid crisis.

Join financial historian Russell Napier, author of "Libraries of Mistakes," and Martín Lousteau, former economy minister and current senator from Buenos Aires, as they dive into the costly missteps of economic policies. They dissect Argentina’s ongoing financial turmoil, from rampant inflation to the tricky balance of relying on foreign currencies. The conversation turns to political anger affecting economics, and also considers global shifts that might reshape monetary systems. Expect insights layered with humor at the vibrant Kilkenomics festival!

The podcast dives into the intriguing economic future under Trump's policies, from tax cuts to potential inflationary pressures. It juxtaposes the economic paths of the U.S. and China against Europe, raising competitiveness concerns. The hosts passionately debate stock values, interest rates, and the unpredictable impact of Trump's decisions on the market and Federal Reserve’s role. Uncertainties loom, including recession predictions and the effects of climate change on industries, all sprinkled with engaging banter.

Amidst election day chaos, the market remains surprisingly calm, raising eyebrows about emotional reactions. The hosts analyze market behavior, emphasizing that specific economic policies matter more than election results. They highlight the unpredictability of political betting markets and how inefficiencies can create betting opportunities. Humorously, they discuss the contradictions of supporting nuclear power alongside environmentalism, all while winding down with quirky tales about bees and a TikTok-famous squirrel named Peanut.

Join John Foley, a technology writer at the Financial Times, as he dives into the earnings of the Magnificent 7 stocks, including insights on heavyweights like Alphabet and Tesla. They discuss the contrasting strategies of AI leaders Apple and NVIDIA, and the competitive landscape in tech. Explore Tesla's expansion beyond cars and the evolving robo-taxi industry. They also analyze Reddit’s unique business model and reveal a cautious optimism in U.S. consumer sentiment amidst economic jitters.

In this engaging discussion, Claire Bushey, Financial Times Chicago correspondent, sheds light on Boeing's tumultuous year, marked by production issues and strikes. She questions whether Boeing is indeed too big to fail, while exploring the ramifications of its low credit ratings and leadership shake-ups. The conversation takes a turn towards Boeing’s efforts to recover amidst fierce competition from Airbus. The hosts also share some laughs over Halloween traditions and the relatable humor found in the series Superstore.

Derek Brower, the US political news editor at the Financial Times, dives into how bond markets reflect electoral sentiments. He discusses the rise in 10-year Treasury yields amid speculation of a Trump victory, seen as a signal of inflationary policies. They explore polling trends, undecided voters, and the economic implications of a divided Congress. The conversation also touches on market speculations, including insights on Coca-Cola's performance amidst election uncertainties. Brower's expertise sheds light on the intricate dance between politics and financial markets.

Robin Wigglesworth, a financial journalist based in Oslo, dives into the rise of algorithmic trading firms like Citadel, XTX, and Jane Street. He reveals how these firms have taken over trading in equities, currencies, and bonds, historically dominated by banks. Discussions circle around the significant impact of technology on finance, regulatory changes post-2008, and the unique dynamics within these firms. Wigglesworth also touches on the elusive nature of finance leaders in media and brings some light-heartedness with a pub quiz segment.

Nicolai Tangen, who oversees Norway’s $2 trillion oil fund, shares insights with Katie Martin on the delicate balance of managing massive assets amidst global economic challenges. They explore Europe's tech competition and geopolitical risks, highlighting the concentration in American stocks due to AI and microchips. Tangen emphasizes the importance of continuous learning in investment strategies, while also tackling the complexities of bureaucratic regulations impacting businesses in Europe. A fascinating discussion on sustainability and market dynamics unfolds!