Patrick Boyle On Finance

Send us a textTrolls of Wall Street on Amazon: https://amzn.to/4e40D5MAn interview with Nathaniel Popper the author of Trolls of Wall Street - How the Outcasts and Insurgents Are Hacking the Markets. Trolls of Wall Street is a new book telling the story of an improbable gang of self-proclaimed “degenerates” who made WallStreetBets into a cultural movement that moved from the fringes of the internet to the center of Wall Street, upending the global financial markets and changing how an entire ...

Exploring Red Lobster's bankruptcy due to the infamous endless shrimp deal, leading to an $11 million loss. The investigation into questionable decisions behind the bankruptcy declaration. Comparing Red Lobster's struggles with the meme stock trend and delving into the financial history of the seafood chain.

Exploring Japan's $59 billion intervention to bolster the weakening yen, driven by low interest rates and complex monetary policies. The intervention came after the yen fell below 160 to the dollar for the first time in 34 years. Possible oversimplification of the declining yen being solely due to interest rate differentials. Discussing Japan's economic challenges, labor shortages, and currency interventions.

Explore the controversy of Shell selling fake carbon credits, the financial aspects of carbon capture projects, challenges of quantifying carbon credits, discussing externalities and the Coase Theorem in economics, and navigating complexities in carbon markets.

Kavish Kataria, the trader involved in unauthorized risky options trades, criticized leadership on LinkedIn. The podcast delves into scandals at the Delta One desk, compares previous incidents, and discusses the aftermath and reforms in risk management.

Lina Khan, Chair of the FTC, discusses the lawsuit against Tapestry's acquisition of Capri Holdings, impacting the affordable luxury handbag sector. They explore competition, consumer harm, and the implications of regulatory intervention in the industry.

Send us a textCheck out Eight Sleep and unlock $200 off using my link: https://www.eightsleep.com/boyle/ British stocks closed at an all-time high this week, but as exciting as a new all-time high might sound, the British stock market has been lagging US and European stocks since the Brexit referendum.A recent report from Goldman Sachs says that the British economy is 5% smaller than it would have been had it remained in Europe.The IMF last week listed the UK in its Fiscal Monitor public...

Explore the downsized plans for Neom, Saudi Arabia's futuristic city, from 9 million residents to under 300,000 due to financial constraints. Delve into the unique design and challenges of a linear city in development, showcasing innovative technologies and sustainability initiatives. Uncover the ambitious vision, controversies, and potential challenges of Neom and The Line project, highlighting the country's economic diversification efforts and environmental concerns.

Send us a textSales growth of electric vehicles has slowed dramatically this year. Tesla delivered 20% fewer cars in the first quarter of 2024 than in the prior quarter, and BYD who was previously the world’s biggest EV maker saw sales decline more than 40% over the same period.BYD’s EV sales were still up 13% when compared to the same quarter a year earlier, while Tesla’s sales were down 9%. Both companies have been slashing prices to stimulate demand.While EV sales overall are still r...

Send us a textJapan’s central bank raised interest rates last week for the first time in seventeen years, ending the world’s only remaining negative interest rate regime. The Bank of Japan also abandoned its yield curve control policy which has been in place since 2016, which saw it buying Japanese government bonds to keep longer term interest rates from rising. It has however maintained bond buying at the same pace for now.Patrick's Books:Statistics For The Trading Floor: https:/...