Unhedged

FT's economics commentator Chris Giles discusses the impact of recent elections in the UK and France on global markets and finance. The podcast delves into the changes in government, economic strategies, market implications, and the importance of trust in politics. It also explores portfolio diversification, caution with election polls, and the role of the European Central Bank in stabilizing financial markets.

FT's US banking editor, Josh Franklin, discusses Morgan Stanley's CEO push for an 'integrated firm' model. They explore challenges in the banking industry, short the US housing market, and share insights on summer in NYC.

FT's chief economics commentator, Martin Wolf, discusses the shift towards protectionism in US economic policy and its future impact. They delve into historical successes of industrial policy in countries like the US, Germany, and China. The podcast also explores the role of government support in industry success and the benefits of aging societies.

Explore the failed IPO of a company selling pricey worn-out sneakers, discussing challenges in the luxury market. Delve into complexities of IPOs and failed acquisition deals, influenced by geopolitical factors. Discuss universal retirement savings coverage and soccer predictions. Analyze Sterling's performance against the Euro amid positive market sentiments and upcoming French elections.

Elon Musk's massive $50 billion pay package from Tesla gets shareholder approval, making him richer. The podcast also discusses long teams without stars, shorting climate change, and Tesla's move to Texas under Musk's leadership.

Chris Giles, The FT’s economics commentator, joins the host to discuss the recent actions of the Federal Reserve and the market's response. They delve into central bankers' challenges, rate arbitrage, US election impact, and analyze the relationship between currency fluctuations and inflation in the Eurozone.

Researchers at the University of Chicago took a fairly standard large language model of AI and fed it a bunch of balance sheets and income statements and asked it to make predictions about earnings. In backtests, AI beat human calls by a small margin, and outperformed the market generally. Have fund managers been dealt yet another kill shot? Katie Martin and Robert Armstrong discuss, and go long shareholder commitments, and the musical genius of Yuja Wang.For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedofferYou can email Robert Armstrong at robert.armstrong@ft.com and Katie Martin at katie.martin@ft.com. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Nvidia's skyrocketing stock value due to options trading causing a gamma squeeze, raising concerns about market distortion. Discussion on a new stock exchange in Texas and ECB's interest rate cut.

Explore how market volatility is influenced by unexpected political outcomes in Mexico, India, UK, and US elections. Delve into predictions for labor win in UK and uncertainties in US election. Discuss impact of US presidential bid on stocks, retirement plans, and tech companies' stock-based compensation. Join the humorous battle against slugs in the garden with creative solutions.

Economist Gabriel Zucman advocates for a global tax on the super-rich at the G20. The podcast delves into the feasibility and methods of implementing such a tax. They also discuss the commercial real estate crisis and the future of liberal democracy.