Unhedged

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.

FT's Wall Street editor Sujeet Indap delves into the downfall of Red Lobster, analyzing the impact of the Endless Shrimp promotion and ownership disputes. They also explore the benefits of real estate investment trust structures for business valuation and discuss the struggles faced by Red Lobster post-split from Darden. Insightful discussions on fast-casual dining preferences and artistic admiration wrap up the podcast.

Joshua Oliver, real estate expert, discusses the slow adjustment of commercial property values to interest rates in the UK and US. Exploring sellers' reluctance to accept reality or a property economy on hold. He also touches on the impact of cryptocurrency on property markets.