What'd You Miss This Week

This week, Jon Huntley, senior economist at the Penn Wharton Budget Model, came on to discuss the budgetary and economic impact of the infrastructure package. Rune Christensen, the co-founder of MakerDAO, joined to talk DeFi and decentralized stable coins. Zvi Schreiber, the CEO and founder of Freightos, an internet marketplace for the trillion-dollar international freight market, came on to talk about his new book: "Money, Going Out of Style: The Story of Money and Thee Mystery of its Decline" and why he thinks fiat currency is having a midlife crisis. Then John Gerner, the managing director at the consulting group Leisure Business Advisors, reacted to Disney earnings and explained why he was impressed. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Serial SPAC dealmaker Betsy Cohen joined to talk about finding her seventh target, Pico, a New York-based technology provider for financial services companies that merged with FTAC Athena Acquisition Corp. in a $1.75 billion blank-check company deal. Senator Cynthia Lummis, Republican of Wyoming, came on to discuss the cryptocurrency amendment holding up the infrastructure package and why she is trying to narrow the language of the provision. Adam Ozimek, the chief economist at Upwork, outlined his latest report titled, "The Great Resignation" about the lasting impacts of the pandemic on the labor market. Then Glenn Fogel, the CEO of Booking Holdings, reacted to their second quarter earnings and talked about the impact of the Delta variant on the travel rebound. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

This week, NYU Stern School of Business finance professor Aswath Damodaran, joined to talk about why corporate earnings reports and regulatory filings keep getting longer, and why it's not necessarily a good thing for investors. Professor Damodaran explained why he thinks we are having a "disclosure dilemma" with all of this additional corporate data leading to even less information. Christie's CEO Guillaume Cerutti went through the global art market boom in everything from NFTs to jewelry and explained what's driving consumers back in record numbers. Then Steve Cadigan, who formerly served as the vice president of people at LinkedIn, joined to talk about his new book, "Workquake: Embracing the Aftershocks of COVID-19 to Create a Better Model of Working," and what's behind that massive churn in the labor market driving high levels of job openings and resignations. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

This week, Grayscale Investments CEO Michael Sonnenshein joined to react to bitcoin's selling off below $30,000 and said crypto investors are used to the volatility. Chairman and CEO of United Wholesale Mortgage Mat Ishbia went through this week's housing data and explained why he thinks the housing market will stay hot. Nicole Perrin, an emarketer principal analyst at Insider Intelligence came on to talk about Twitter and Snapchat's earnings and the pandemic boom in digital advertising. Then Willy Shih, a management practice professor at Harvard Business School, discussed the ongoing global chip crisis and whether anything other than time itself can mitigate the shortage. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

This week, Binance.US CEO Brian Brooks joined along with Bloomberg Wall Street correspondent Sonali Basak to talk about hiring ex-regulator Manuel Alvarez and why regulation does not have to be a bad thing for the crypto space. Alyse Killeen, the founding managing partner at StillMark, the first Bitcoin-specific venture capital firm, discussed investing in bitcoin. Rick Palacios, principal and director of research at John Burns Real Estate Consulting, came on to talk about the housing market and why it's still so difficult to find building materials. Then Octahedron Capital Management founder Ram Parameswaran, who has been a very consistent bull on the Chinese tech sector, discussed whether Beijing's crackdown has made him rethink that stance. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

This week, Chad Cascarilla, the co-founder and CEO of Paxos, a regulated blockchain platform that has its own stable coin, came on to talk the use and regulation of stable coins. Sam Bankman-Fried, the founder and CEO of FTX, a cryptocurrency derivatives platform, discussed their recent publicity push becoming the official crypto partner of Major League Baseball and getting the naming rights to the Miami Heat stadium. Dragonfly Capital general partner Tom Schmidt demystified DeFi, decentralized finance. Then Craig Fuller, founder and CEO of FreightWaves, the leading provider of data and analytics to the global logistics and supply-chain market, came on to talk about the bottlenecks and explain why trucking companies are not honoring their contracts due to such high demand. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

This week, Mercury Group CEO Adam Posner came on to talk about bottlenecks in the global supply chain and why there have been astronomical jumps in shipping rates. Audacity Capital founder and general partner Erikan Obotetukudo discussed forming the first VC firm focused solely on crypto startups and the opportunity she sees in the space. Win Thin, head of global currency strategy at Brown Brothers Harriman, joined to explain why he thinks global liquidity has reached an inflection point and markets are not taking it into account. Then UBS Economist Alan Detmeister gave his outlook for rent inflation. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

This week, Gary Vaynerchuk, who is a board member of the sports memorabilia company Candy, CEO of VaynerMedia, and has a new NFT project called VeeFriends, joined to talk about the resurgence in trading cards, how investing has become a pop culture phenomenon and why alternative investments hold more social currency than stocks. Ursula Burns, former CEO of Xerox and senior advisor at Teneo, came on to talk about her new memoir "Where You Are Is Not Who You Are" and whether policymakers are taking economic inequality more seriously than during past expansions. Mike Pyle, the chief economic advisor to Vice President Kamala Harris, explained why the White House is encouraged by trend lines in the U.S. jobs recovery despite the past two jobs reports coming in below estimates. Then Brooklyn Nets star point guard Spencer Dinwiddie, who is also the founder and CEO of Calaxy, a blockchain-based social media app that lets fans buy tokens associated with their favorite stars, joined to talk about creator tokens.

Heather Boushey, a member of President Biden's Council of Economic Advisers, joined to discuss the jobs report and the why payrolls keep falling short of expectations. Ali Wolf, the chief economist at Zonda, a housing data and research firm, came on to talk about whether the housing market fever is finally showing signs of breaking. Nick Carter, the founding partner of Castle Island Ventures, reacted to El Salvador becoming the first country to adopt Bitcoin as legal tender. Then Sen. Elizabeth Warren, Democratic of Massachusetts, joined after the Senate Banking Committee's hearing on digital currencies and blockchain to discuss why she thinks crypto is a "wild west" that needs regulation and consumer protections.

This week, Roshun Patel, vice president of institutional lending at Genesis, a full-service digital currency prime brokerage, joined to talk about the asset class that never sleeps: crypto, and its wild weekend trading. Chad Beynon, a senior gaming, lodging and theatres analyst at Macquarie Capital, joined alongside Bloomberg cross-asset reporter Katie Greifeld to talk about AMC embracing its meme stock status. Yoni Assia, the founder and CEO of eToro, an Israel-based competitor to Robinhood, came on to talk about how his platform has benefitted from the retail frenzy, and why he thinks this is a generational buying moment. Then Doug Merritt, the CEO of infrastructure software company Splunk, joined after the company's first quarter earnings results.

This week, Stinson Dean, Deacon Lumber Company CEO, came back on to talk about why lumber is caught in another market standoff. Jill Carlson, Slow Ventures principal and co-founder of the Open Money Initiative, returned to discuss whether she thinks this is the end of a crypto cycle and why institutions are still buying bitcoin despite the volatility. Caroline had an exclusive interview with Chevron CEO Mike Wirth right after he faced a major rebuke from his shareholders, which voted to back a proposal to reduce emissions from the company’s customers. Then Alex Williams, a research analyst at Employ America, joined to talk about his recent guest post on the Odd Lots blog titled "The Economy Is Booming. Why Don’t Firms Believe It?"

This week, Christie's CEO Guillaume Cerutti, joined to talk about their spring auction, which included a group of nine Cryptopunks NFTs and the future of digital art. Mike Novogratz, the founder and CEO of Galaxy Digital, reacted to Monday's volatility in bitcoin and explained why he thinks the cryptocurrency is likely to remain under pressure for weeks. Soona Amhaz, general partner at Venture Captial firm Volt Capital, which invests in the crypto space, came on to talk about Wednesday's wild ride for crypto and said a thirty percent dip is just another Wednesday in the space. Then Gregory Di Prisco, CEO of RWA Company and community member of the MakerDAO ecosystem, joined to discuss whether decentralized systems like crypto can buckle under extreme volatility.

This week, Rick Palacios, principal and director of Research at John Burns Real Estate Consulting, went through the latest in the lumber market frenzy and the impact on the U.S. housing market. Bloomberg Opinion columnist Conor Sen and Neil Dutta, the head of U.S. economics at Renaissance Macro Research, debated whether the economic cycle has peaked. Mike Pyle. chief economic advisor to Vice President Kamala Harris and former chief investment strategist at BlackRock, came on to react to the April CPI data and discuss whether those inflationary pressures will make passing the Biden Administration's spending plans more difficult. Then Nic Carter, the founding partner at Castle Island Ventures, went through the wild week in crypto and Elon Musk's bitcoin reversal.

This week, Emily Weis, State Street emerging markets strategist, explained what was behind copper's record week and driving the metal to $10,000. Nir Kaissar, a Bloomberg Opinion columnist and the founder of Unison Advisors, argued why he thinks corporate tax loopholes actually matter more than the rate itself. Michelle Meyer, the head of U.S. economics at Bank of America Securities, went through this week's economic data and offered an outlook for the U.S. housing market. Then Tina Tchen, Time's Up president and CEO, came on to talk about the impact of President Biden's proposed American Families Plan on the labor market and growth.

This week, Mario Stefanidis, Roundhill Investments vice president of research, who actively manages the firm's sports-themed MVP ETF, joined to talk about the investment side of the short-lived European Super League. Ali Wolf, chief economist at Zonda, a housing market research and real estate analytics firm, came on to talk about the U.S. housing market. Then New York Times columnist and Nobel Prize-winning economist Paul Krugman joined for a wide-ranging interview on his economic outlook, inflation and why he thinks trade policy has always been overrated.

This week, Jeff Korzenik, joined to talk about his new book "Untapped Talent: How Second Chance Hiring Works for Your Business and the Community" and why people with criminal backgrounds should not be employees of last resort. Binance.US CEO Catherine Coley came on to react to the Coinbase listing and discussed whether there was room for multiple winners in this space. Roshun Patel, vice president of institutional lending at Genesis, a digital currency prime brokerage, also discussed the Coinbase listing and crypto market structure. Then Deacon Lumber Company CEO Stinson Dean joined to talk about the frenzy in the lumber market and why prices are rising like he's never seen before.

This week, Alon Levy, a fellow at NYU's Marron Institute, joined to discuss why the U.S. is not good at infrastructure and why public works projects carry a higher price tag in the U.S. as compared with other countries. Diogo Monica, the co-founder and president of Anchorage, a digital asset platform for institutions, came on to talk about Visa allowing transactions with UDS stablecoin. Boris Jordan, the executive chairman of Curaleaf, which just closed a deal to buy Emmac Life Sciences for $285 million giving the company entry into the European market, discussed the cannabis sector's growing momentum in both the U.S. and Europe. Then Zach Carter, the author of the best-selling book "The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes," joined to talk about what history tells us about the difference between hyperinflation and inflation.

Joshua Younger, head of U.S. interest rate derivatives strategy at J.P. Morgan, joined to talk about the worst quarter for Treasuries since 1980. Yesha Yadav, law professor at Vanderbilt Law School and former legal counsel for the World Bank, discussed the volatility in Treasuries and the impact of the lack of regulation in the space. Unison Advisors founder and Bloomberg Opinion columnist Nir Kaissar explained why it's hard to be bear right now. Then Priyanka Desai, a member of the NFT-focused DAO or decentralized autonomous organization Flamingo, came on to talk about the new NFT craze and how people can participate.

This week, Jason Tuvey, Capital Economics senior emerging markets economist, joined to talk about the sharp selloff in Turkish assets after President Erdogan ousted the country's central bank governor and what comes next for the country's economy and financial markets. Bloomberg Opinion columnist Noah Smith explained why local price changes aren't inflation. Harvard Business School professor Willy Shih discussed Intel's ambitious bid to regain its manufacturing lead. Then Sridhar Ramaswamy, a former senior vice president at Google, who ran the company's ad business for fifteen years, reacted to the House tech hearing and discussed whether these companies' business models will ever be put under threat.

This week, Ursual Burns, the former Xerox CEO and first black woman to lead a Fortune 500 company discussed the gap between companies' rhetoric and results on International Women's Day. Tim Duy, SGH Macro Advisors economist, University of Oregon professor, and Bloomberg Opinion Columnist, joined to talk about the inflation debate ahead of next week's Federal Reserve rate decision. Liz Pancotti, Employ America senior advisor, broke down the economic impact of President Biden's $1.9 trillion stimulus package. Then Declan Kelly, chairman, CEO and co-founder of the global consulting firm Teneo, joined to discuss corporate America's reaction to the passage of Biden's stimulus package.

This week, Emily Weis, emerging market strategist at State Street, went through the implications of Brazilian President Bolsonaro firing the CEO of the state-run oil company Petrobras and the outlook for emerging markets. Scott Irwin, the Laurence J. Norton Chair of Agricultural Marketing at the University of Illinois, who is an expert in futures and commodity markets, discussed the surge in commodity prices and whether a new supercycle has arrived. KR Sridhar, the founder and CEO of Bloom Energy, spoke about how their technology like hydrogen fuel cells could make a power grid more robust and prevent disasters like the mass blackouts in Texas. Then Rod Alzmann, co-proprietor of GMEDD.com and a long-time Gamestop bull, returned to talk about the resurgence of the meme trade and what changes have happened at Gamestop since its initial surge.

This week, Josiah Neeley, the Texas director and resident senior fellow for energy at the R Street institute, spoke about some reforms that could prevent the energy crisis in Texas from happening again. Jason Bordoff, a Columbia Unversity professor and the founding director of the Center on Global Energy Policy, talked about whether the blackouts will impact President Biden's green energy plan. Brett Winton, the director of research at ARK Invest, joined to discuss how the failure of Texas's electrical grid will push people to look more at batteries for storing renewable energy. Then Noah Davis, a post-War and contemporary art specialist at Christie's, outlined the auction house's decision to start accepting cryptocurrencies as payment.

This week, Michael Saylor, the MicroStrategy CEO-turned-king of bitcoin treasuries, called upon fellow business executives to avoid the path of financial “serfdom” and outlined a strategy for corporate bitcoin adoption. Nic Carter, the founding partner at Castle Island Ventures, joined to discuss what get people get wrong about bitcoin's climate footprint. Matt Bruenig, founder of the People's Policy Project, came on to talk about Senator Mitt Romney's plan to fight child poverty and the problems he sees with using tax credits to alleviate poverty. Then Claudia Sahm, a former Federal Reserve economist and Bloomberg Opinion columnist, made the case for going as broad as possible with stimulus checks.

This week, Ken Lewis, the CEO of ApMex, often called the Walmart of precious metals, came on to talk about the record demand he saw for silver as the hoard of Reddit-fueled retail traders discovered the commodity market and drove silver to its highest price in nearly eight years. Adrian Ash, the director of research at BullionVault, a physical gold and silver market for private investors online, also discussed how unprecedented silver's run this week was. Jill Carlson, the co-founder of the Open Money Initiative and principal at the VC firm Slow Ventures, came back on to talk about the future of fintech amid the retail frenzy and the industry's adoption of crypto. Then Samuel Hammond, the director of poverty and welfare policy at the Niskanen Center joined to make the case for Sen. Mitt Romeny's ambitious plan to tackle child poverty by giving direct payments to families and how government checks can be conservative policy.

This week was one like no other with GameStop taking over the markets, internet and zeitgeist and What'd You Miss covered the story from all sides. Benn Eifert, principal and chief investment officer at QVR Advisors, explained the gamma squeeze phenomenon at play. Gabriel Grego, managing partner at Quintessential Capital Management, made the case for short-selling and discussed whether advertising a short position is now a career risk. Howard Lindzon, the co-founder of StockTwits, went thought the online nature of this Reddit-fueled retail frenzy. One of the original GameStop bulls Rod Alzmann, the proprietor of GMEDD.com, made the bullish case for the company and talked about how his theory took off.

Liz Pancotti, a senior advisor at Employ America, joined to discuss President Biden's stimulus plan and the economic challenges ahead for the new administration. Nobel Prize-winning economist and Columbia professor Joe Stiglitz explained why he thinks the White House stimulus package is sufficient enough to ensure that we get back to pre-pandemic levels of output. Conference Board chief economist Dana Peterson went through the biggest issues weighing on the minds of CEOs for the year ahead. Then Corey Hoffstein, the Co-founder and CIO of Newfound Research, joined on the changing market dynamic for quants amid the influx of retail investors.

This week, Jill Carlson, Slow Venture principal and Open Money Initiative co-founder, joined to discuss bitcoin's record start to the year and the influx of institutional money into the space. Julia Coronado, Macropolicy Perspectives president and founder, came on to talk about why some Fed officials fanned talk of tapering bond buying and investor flashbacks to the 2013 taper tantrum. Willy Shih, professor of management practice at Harvard Business School, joined to go through the global chip stock rally triggered by Taiwan Semi's $28 billion spending blitz and the executive shakeup at Intel. Sharyn O'Halloran, Columbia professor of political economy and international and public affairs, joined to talk about whether the Trump administration has created a lasting new normal for the U.S.-China relationship.

This week, Caroline puts the CEO Spotlight on Chevron chairman and chief executive Mike Wirth, who has been with the company since 1982 and at its helm since the beginning of 2018. Wirth discusses his outlook for energy demand and oil prices in the year ahead amid the ongoing pandemic, climate change, balancing their responsibilities to shareholders and the environment, and what the incoming Biden administration means for Chevron.

This week, Exante Data founder and CEO, Jens Nordvig, joined to discuss what he calls "the big myth about money and inflation." Jon Turek, author of Cheap Convexity, offered his maco outlook for markets amid the simultaneous risk-on rally in stocks and breakevens. Zach Maril, the founder of the Knuckleheads Club, who has spent years researching Google's search engine, explained why Google's webcrawler is a natural monopoly and should be regulated as one. Then Seth Ginns, managing partner and head of liquid investments at Coinfund, discussed the increasing institutional interest in bitcoin as the cryptocurrency continues to surge.

This week, Catherine Mealor, an analyst at KBW, came on to talk about what KBW's restoration index says about the road to economic recovery and how dependent it is on further fiscal stimulus. Mark Palmer, a fintech analyst at BTIG, joined to discuss how fintech companies like the Cash App are trying to ride the cryptocurrency wave. Win Thin, the global head of currency strategy at Brown Brothers Harriman, offered his outlook for global FX as emerging markets near record highs. Then Leigh Drogen, the founder and CEO of Estimize, goes through the week of eye-watering IPOs with DoorDash and Airbnb and the impact of such high retail interest in the IPOs.

This week, Claudia Sahm, former economist at the Federal Reserve and a contributor to Bloomberg Opinion, joined to discuss President-Elect Biden's economic team. Opal Tometi, one of three co-founders of Black Lives Matter, discussed the direction of the incoming Biden administration. Paul Krugman, Nobel Laureate economist, New York Times columnist and distinguished economics professor in the PhD program at the City University of New York, came on to talk about his outlook for the economic recovery. Then Jed Kolko, the chief economist at Indeed, offered a preview of Friday's jobs report and discussed the tension between headline and core unemployment.

This week, Alan Blinder, former vice chairman of the Federal Reserve, member of President Clinton's original Council of Economic Advisers, and Princeton professor, joined to talk about the road ahead for the economic recovery, the new slate of policymakers who will be at the helm of it and whether the Trump administration is trying to make their eventual job more difficult. Columbia Law School professor Kathryn Judge discussed what a Janet Yellen Treasury means for financial regulation. Skanda Amarnath, director of research and analysis at Employ America, took us through the tensions playing out between Treasury Secretary Steven Mnuchin and the Federal Reserve. Then David Wilcox, a former senior adviser to the last three Federal Reserve chairs and current senior fellow at the Peterson Institute for International Finance came on to discuss his new report about the role of generational wealth and economic mobility.

Naufal Sanaullah, macro strategist at EIA Alpha Partners, joined to talk about his outlook for the market and the risks he sees ahead as long-term optimism about a covid-19 vaccine seems to be winning out over short-term fear of renewed lockdowns. Catherine Coley, the CEO of Binance U.S., and Nic Carter, the founding partner at Castle Island Ventures, came on to discuss what is driving the massive bitcoin rally that has pushed the cryptocurrency up to the $17,600 mark, a level reminiscent of the bitcoin craze days of December 2017. Then Employ America senior adviser Liz Pancotti joined to discuss her new report put out by the Century Foundation detailing the upcoming fiscal cliffs twelve million Americans will face this December when additional aid from the first stimulus package is cut off.

This week, longtime emerging markets expert Paul McNamara, investment director at GAM, joined to talk about what was driving EM to its highest levels since 2018. Gigi Sohn, a distinguished fellow at the Georgetown Law Institute for Technology Law & Policy and former counselor for the Federal Communications Commission, came on to discuss why Silicon Valley is bracing for a different Joe Biden this time around in the White House. Jon Turek, the Author of Cheap Convexity blog, explained how investors should be positioning amid the resurgence in covid-19 cases. Then Robin Farley, a consumer cyclical analyst at UBS, joined to discuss the outlook for the cruise industry.

This week, Morgan Harper, American Economic Liberties Project senior advisor, joined ahead of election day to talk about Proposition 22 in California and the implications for gig workers. Ursula Burns, the former CEO of Xerox and senior advisor at Teneo, came on to talk about the responsibilities of the private sector in the face of divided government. Guy Lebas, chief fixed income strategist at Janney Montgomery Scott, discussed the outlook for markets amid uncertainty over the election winner. Then Andy Blocker, head of U.S. government affairs at Invesco, joined to talk about what the election outcome means for the prospect of further stimulus.

This week, former New York Federal Reserve president and Bloomberg Opinion columnist Bill Dudley joined to talk about why the Federal Reserve is running out of fire power to fight the economic downturn and why we should not rule out a double-dip recession. Vivien Azer, managing Director and senior Research analyst at Cowen, came on to talk about how this upcoming election is a pivotal moment in the push for legalizing cannabis as states look for innovative ways to make municipal ends meet. Then eBay president and CEO Jamie Iannone joined to react to the company's third quarter earnings and explain his plan to keep their stay-at-home-fueled momentum going and win over Gen Z.

This week, Caroline puts the CEO Spotlight on Delta chief executive Ed Bastian and talks to him about leading an airline through the pandemic, his outlook for travel, what he would like to see from the government in terms of further stimulus and how Delta has reacted to the reckoning over racial injustice as Atlanta has found itself at the center of it.

This week, Michael Render, better known as Killer Mike, the Grammy-winning rapper of the hip-hop duo Run the Jewels, joined to talk about the launch of his digital bank Greenwood. Karl Smith, co-founder of the blog Modeled Behavior, came on to talk about why he thinks Joe Biden is the one to break the impasse in stimulus talks. Former Federal Reserve economist Claudia Sahm explained why she thinks the last real chance for further fiscal relief has already been missed and why the Federal Reserve needs to figure out how to do more to help the economy without Congress. Then Martha Gimbel, senior manager of economic research at Schmidt Futures, joined to talk about the long-term structural changes to the labor market as more workers work from home. 

This week, Tyler Goodspeed, the acting chairman and Vice Chairman of the White House Council of Economic Advisers, joined ahead of jobs day to react to the new consumer data. Arpit Gupta, assistant professor of finance at the New York University Stern School of Business, came on to talk about his new data showing how the pandemic is exasperated existing economic inequality in New York City and making economic mobility even more difficult. Then a What'd You Miss debate tackling one of the biggest cliches of 2020: there is no connection between the stock market and the economy. Nathan Tankus, research director of the Modern Money Network and publisher of the newsletter "Notes on the Crises" joined to put the adage to the test and explain why he thinks there is less disconnect than people think. Then Bloomberg Opinion columnist Nir Kaissar came on to offer the other side of the debate and explain why the idea is a cliche for a good reason.

This week, Michael Purves, the founder and CEO of Tallbacken Capital, joined to talk about how a Supreme Court fight became a market event. University of Oregon economics professor Tim Duy came on to discuss the economic collateral damage of no further fiscal stimulus. J.W. Mason, Roosevelt Institute fellow and City University of New York associate economics professor, joined to explain his new study about what we can learn from the economic mobilization during World War II and how it can be applied to both the ongoing climate emergency and the coronavirus crisis. Then Chris McGratty, the Head of U.S. Bank Research at KBW, came on to talk about what is dragging regional banks down.

This week, Jeff Korzenik, chief investment strategist at Fifth Third Bank joined to talk about connecting the Federal Reserve's theoretical policymaking with its real-world impact on the economy. Frederik Ducrozet, strategist at Pictet Wealth Management, came on to discuss the outlook for Europe's economy, the return of Brexit and the real possibility of negative rates in the U.K. Paul Halpern, former CFIUS Director at the Department of Defense and Halpern Analytics founder, joined to talk about the Trump administration moving to ban TikTok and WeChat from U.S. app stores. Then David Hanke, a leading national security and public policy lawyer for domestic and foreign companies and partner at Arent Fox, joined to talk about the impact of the U.S.-China tech cold war on heightened scrutiny for international deals.

This week, Ursula Burns, the former CEO of Xerox and current senior advisor at Teneo, joined to talk about her work leading the Board Diversity Action Alliance and why she thinks corporate leaders should be speaking out even more on societal issues. Leigh Drogen, the founder and CEO of the open financial estimates platform Estimize, came to on to talk about how big tech's stay-at-home rally turned into a rout this week and if valuations are really that far off for the sector. Then Exante Data Founder and CEO, Jens Nordvig, joined to discuss the state of the global recovery and whether there is a clear data correlation coronavirus cases and economic indicators.

This week, Darrick Hamilton, the Henry Cohen Professor of Economics and Urban Policy at The New School, and Naomi Zewde, an assistant professor in the Graduate School of Public Health and Health Policy at City University of New York, joined to talk about New Jersey Governor Phil Murphy’s baby bonds plan and how it could start to close the racial wealth gap.  Viral Acharya, former Deputy Governor of the Reserve Bank of India and NYU economics professor, came on to offer a global economic outlook ahead of jobs day and give his grade for global central bankers.  Then Matt Kalish, Draftkings's Co-Founder and President for North America, joined to talk about the company’s new deal with NBA legend Michael Jordan and the Chicago Cubs. 

This week, Diane Swonk, Grant Thronton chief economist, joined to discuss Federal Reserve Chairman Powell's policy shift to let inflation and employment run higher and whether the central bank could feasibly achieve the new policy goal. Srinivas Thiruvadanthai, research director for the Jerome Levy Forecasting Center, came on to talk about the Center's new report on just how unequal the recovery has been between large corporations and small businesses. Erica Groshen, former Commissioner of the U.S. Bureau of Labor Statistics, discussed the wave of corporate layoffs announced this week. Then Anastasia Seebohm, CEO of the global members-only concierge company Quintessentially Group, came on to talk about how the luxury market is fairing amid the downturn and adapting to the new pandemic reality.

Salil Parekh, the CEO of Infosys, one of the largest IT outsourcing companies in the world, joined to talk about how he has handled business being battered by the pandemic and changing immigration policies across the west which have forced the company to pivot to hiring local talent, as opposed to bringing IT consultants from India. Then Chris Ailman, the chief investment officer at CalSTRS, discussed why he thinks the current market is not sustainable and a choppy recovery is coming for everything but big tech as well as how climate change risks affect his investment decisions.

This week, Crunch Worldwide CEO Jim Rowley joined to talk about the toll the pandemic has taken on his workforce, his push to safely reopen and why Peleton won't be the end of gyms. The new OpenTable CEO Debby Soo came on to discuss why she is confident that consumer demand will return despite the company's recent data predicting one in four U.S. restaurants will go out of business. Indi Dutta-Gupta, co-executive director of the Georgetown Center on Poverty and Inequality, explained how to institute policy to enable the U.S. economy to recover, but in a more inclusive way. Then Adam Boehler, CEO of the U.S. International Development Finance Corporation, joined to talk about the agency's intended $765 million loan to Kodak, which is now on hold amid an investigation into potential insider trading.

This week, Mona Mahajan, U.S. investment strategist at Allianz Global Investors, joined with her outlook - discussing whether the massive outperformance from tech stocks is justified and why she is expecting August to bring more risks and volatility for markets. Tiffany Wilding, U.S. economist at PIMCO, came on to react to the jobless claims and explain why the V-shaped recovery in April and May won't last. Sonos CEO Patrick Spence joined after the company's earnings and said why he is confident of the company's supply chain shift and expects his IP case against Google will go as planned. Then Mark Urquhart, Baillie Gifford partner and fund manager for its Long-Term Global Growth Equity Fund, which has beaten 99% of its peers in three-year annual returns and is currently up 37 percent year-to-date, had a wide-ranging conversation with Caroline about his two decades of experience investing in China and whether the fund's winning formula with big bets on Netflix, Amazon and Tencent, is here to stay.

This week, Nick Maroutsos, head of global bonds at Janus Henderson, offered his outlook ahead of the Federal Reserve's rate decision. Nick told us why he thinks the Fed is "the only game in town" as investors are looking past grim economic data and driving up the market knowing the Fed if there to backstop it. Win Thin, global head of currency strategy at Brown Brothers Harriman, joined to talk about why he thinks "all the stars are aligned against the dollar right now." Mehrsa Baradaran, Associate Dean for Diversity, Equity and Inclusion at the University of California Irvine Law School and the author of "The Color of Money" came on to talk about Joe Biden joining calls for the Federal Reserve to expand their dual mandate to factor in racial economic equity and how much impact the central bank can have on income inequality. Then Dina Srinivasan, a fellow at Yale's Thurman Arnold Project, who has authored the papers “The Antitrust Case Against Facebook” and "Why Google Dominates Advertising Markets" joined after the tech hearings on Capitol Hill to talk about whether the four CEOs really walked away from Congress relatively unscathed like the market reaction implied.

Boris Jordan, Curaleaf executive chairman, joined to talk about how our stay-at-home reality is delivering a boost to the cannabis industry with increased demand and more states considering recreational marijuana for revenue amid budget shortfalls, and what a Biden administration could mean for the sector. Entertainment mogul Steve Stoute, founder and CEO of UnitedMasters and Translation, came on to discuss his plan to upend the music industry by giving artists 100 percent royalties and how the entertainment industry is evolving without live events. Howard University President Dr. Wayne Frederick explained why the school's $209 million debt sale drew so much investor attention, the opportunity for HBCUs amid the push for racial equity, and the uncertainty facing colleges over the fall semester. Then Mooky Greidinger, the CEO of Cineworld, the parent company of Regal Cinemas, joined to discuss his plans to safely reopen theaters and why he thinks consumers will return for the in-person movie experience.

This week, Analog Devices CEO Vincent Roche joined to discuss his $21 billion dollar chip deal to acquire rival Maxim and where he is seeking to gain scale with the combined company. George Pyne, founder and CEO of Bruin Sports Capital, came on to talk about Dan Snyder's decision to retire the Redskins name from the Washington NFL team after years of refusing to entertain the idea and what it could mean for the team's hopes for a new stadium. Michael Chertoff, former U.S. Secretary of Homeland Security under President George W. Bush and current executive chairman of The Chertoff Group, went through this week's high profile hacks with Twitter's worst security breach ever and the news that Russian intelligence is working to steal crucial COVID-19 vaccine research. Then Emily Oster, Brown University economics author and best-selling author of parenting books, "Expecting Better" and "Crib Sheet" talked about the data around children, coronavirus and school reopenings and why the U.S. economy depends on what happens to kids this fall.

This week, Chris Ailman, the CIO at CalSTRS, joined to discuss valuations, why he thinks the biggest election risk is a contested result and what he thinks about the recent top-heavy market rally. Nobel Laureate and Yale economics professor Robert Shiller came on to talk about the state of the U.S. housing market and his concerns about price drops over the next year. Then Rob Arnott, the chairman and co-founder of Research Affiliates, joined with insight on tech's out performance over the broader market.