Podcasts about Bloomberg Markets

Wilbur Ross is a prominent figure in global finance with over half a century of experience in investment banking and private equity. Named among Bloomberg Markets' 50 most influential people in global finance, Ross has built a significant legacy. He served as the 39th US Secretary of Commerce under the Trump administration. Known for his expertise in navigating economic crises, Ross has been honored with numerous awards, including a medal from South Korea's President Kim Dae-Jung and Japan's Order of the Rising Sun, Gold and Silver Star. He recently authored a book detailing key anecdotes and moments from his extraordinary life and career. Episode Summary: king, private equity, and his tenure in the Trump administration. The discussion offers practical wisdom and insightful anecdotes, making this an episode packed with valuable lessons for anyone interested in economics, business, and public policy. The conversation transitions smoothly through various impactful stages of Ross's life, shining a light on the critical influences that shaped his path, such as his mentor General Georges Doriot. Ross shares the significance of Doriot's teachings, which range from professional appearance to public speaking, and how they have played an integral role in his success. Additionally, the episode sheds light on Ross's time in Washington, emphasizing the unique power dynamics and the importance of titles within governmental structures, providing listeners with a well-rounded perspective on the intersection of business and politics. Key Takeaways: Versatility in Career: Ross discusses the importance of having multiple career phases—business, government, and intellectual pursuits—mirroring the diverse paths taken by his mentor, General Dorriott. Mentorship Influence: The stepping stones in Ross's career were significantly shaped by General George F. Dorriott, whose teachings on conduct, presentation, and public persona left a lasting impact. Power Dynamics in Washington: Ross underscores that Washington's primary currency is power, heavily influenced by one's title, affecting social standings and influence, which contrasts sharply with other sectors. Unprecedented Personal Branding: Ross notes that Donald Trump's transition from business to presidency is marked by his unparalleled personal brand, making him a unique figure even before his political career. Retrospective Advice: Reflecting on his career, Ross wishes he had transitioned to entrepreneurship earlier, emphasizing the value of taking bold steps sooner rather than later. Notable Quotes: “I think it's having several different careers just as he did. He had the commercial career, he had the government career in the form of the military, and he had an intellectual career in terms of the schools.” “The unusual thing I noticed was that the power of a title varies inversely and exponentially with its length.” “The people who rule the world wear long socks and Hermes ties.” Resources: Buy Wilbur Ross's New Book Join my weekly newsletter. Learn more about my books and courses. Join The Essentialism Academy. Follow me on LinkedIn, Instagram, X, Facebook, and YouTube.

Wilbur Ross is a prominent figure in global finance with over half a century of experience in investment banking and private equity. Named among Bloomberg Markets' 50 most influential people in global finance, Ross has built a significant legacy. He served as the 39th US Secretary of Commerce under the Trump administration. Known for his expertise in navigating economic crises, Ross has been honored with numerous awards, including a medal from South Korea's President Kim Dae-Jung and Japan's Order of the Rising Sun, Gold and Silver Star. He recently authored a book detailing key anecdotes and moments from his extraordinary life and career. Episode Summary: Greg sits down with Wilbur Ross, the former US Secretary of Commerce, to discuss Ross's extensive career in global finance and his experiences within the Trump administration. With over 50 years in investment banking and private equity, Ross shares a fascinating glimpse into his professional journey and his strategies for navigating complex financial landscapes. Central to their discussion are Ross's strategies for reducing bureaucratic inefficiencies and his nuanced understanding of Trump's leadership style. Ross details the administration's historical approach to trade agreements, emphasizing the need for regulatory simplification and cost-cutting measures. Highlighting their administrative goals and the mechanisms to implement a streamlined government operation, Ross provides a candid look into the Trump administration's internal dynamics, decision-making processes, and policy impacts. Key Takeaways: Bureaucratic Simplification: Wilbur Ross underscores the Trump administration's strategies for cutting costs by reducing bureaucratic red tape and implementing efficient regulations. Understanding Trump's Leadership: Ross provides insight into how he navigated his relationship with President Trump, emphasizing the importance of aligning policy views and understanding Trump's communication style. Economic and Trade Policies: The episode delves into significant trade agreements and policies, particularly focusing on relationships with China, Canada, and Mexico. Structural Challenges in Government: Ross discusses the structural inefficiencies within the federal government, such as outdated technology and complex regulatory frameworks. Future Administration Insights: Ross predicts a potential second term for Trump would see more streamlined operations due to learned experiences and a cohesive team. Notable Quotes: "Complexity breeds vulnerability because every time you add another element, you add a point that can create a problem." "In general, partisanship is much more extreme in the US than it ever used to be." "Trump believes that government is more often the cause of a problem than it is the solution of a problem." Resources: Buy Wilbur Ross's New Book Join my weekly newsletter. Learn more about my books and courses. Join The Essentialism Academy. Follow me on LinkedIn, Instagram, X, Facebook, and YouTube.

Episode 239 of The Higher Standard podcast starts off with Chris, Saied and Haroon diving in to some of the top financial mistakes people make. Some of these may sound basic or simple, but you would be shocked at how many people are impacted by these problems every single day.➡️ For the second segment of the show, the boys go deep on the first strong probability of a Fed Funds rate cut. See, we told you that we don't only bring you bad news.

In episode 2022, That Was The Week publisher Keith Teare and I violently disagreed about the current AI boom. Keith, the eternal techno-optimist, thinks AI is about to radically change everything; as the perennial techno-pessimist, I argued that much of the current Wall St AI insanity is a 21st version of 17th century Dutch tulip mania. But if we were to split the baby and come up with a more carefully reasoned & reasonable analysis of the current AI boom, we would probably morph into Jeremy Kahn, the AI editor of Fortune. Kahn's new book, Mastering AI: A Survival Guide to Our Superpowered Future, is a extremely nuanced and well researched analysis of current & future realities of the AI revolution. And Kahn himself, in contrast with Keith or I, is neither an ideological techno-optimist or pessimist and, in my conversation with him, offers about as fair & balanced an interpretation of AI as you can get in our surreally manichaean times.Jeremy Kahn is Fortune's AI Editor, spearheading the publication's coverage of artificial intelligence. He is the author of Mastering AI: A Survival Guide to Our Superpowered Future (Simon & Schuster, July 2024), and he is the lead author of Fortune's Eye on AI newsletter. Before rejoining Fortune in 2019, he spent eight years at Bloomberg as a technology reporter and a senior writer for Bloomberg Markets magazine. His writing has also appeared in numerous publications including The New York Times, The International Herald Tribune, Newsweek, The Atlantic, Smithsonian, The Boston Globe, and Portfolio. From 2007 to 2011, he reported from New Delhi, India. Prior to moving to India, he was the managing editor of the New Republic. He began his career at Fortune in New York, where he worked from 1997 to 2004. He holds degrees from the University of Pennsylvania and the London School of Economics. He is currently based in London. Follow all of Jeremy's stories here.Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children.Keen On is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe

William Green is the author of Richer, Wiser, Happier: How the World's Greatest Investors Win in Markets and Life. Over the last 25 years, he's spent hundreds of hours interviewing many legendary investors, exploring the question of what insights, principles, traits, and habits enable them to achieve spectacular wealth and enduring success. In this talk, he shares some of the most valuable lessons he's learned from the best investors -- lessons that can help us not only to become richer, but to think better and build lives that are abundant in the ways that matter most. As a journalist, William has written for many leading publications, including The New Yorker, Time, Fortune, Forbes, Barron's, Money, Worth, Bloomberg Markets, and The Economist. He has reported in places as diverse as China, India, Japan, the Philippines, Bangladesh, Saudi Arabia, South Africa, Mexico, England, France, Monaco, Poland, Russia, and Italy. He has interviewed presidents and prime ministers, prize-winning authors, inventors, criminals, the CEOs of some of the world's largest companies, and countless billionaires. While living in London, William edited the European, Middle Eastern, and African editions of Time. Before that, he lived in Hong Kong, where he edited the Asian edition of Time. He now lives in New York with his wife, Lauren, and their two children, Henry and Madeleine. Over the last quarter of a century, William Green has interviewed presidents and prime ministers, inventors, criminals, prize-winning authors, the CEOs of some of the world's largest companies, and countless billionaires for The New Yorker, Time, Fortune, Forbes, Barron's, Fast Company, Money, Worth, Bloomberg Markets, and The Economist amongst other publications. --- Send in a voice message: https://podcasters.spotify.com/pod/show/getu-chandler/message Support this podcast: https://podcasters.spotify.com/pod/show/getu-chandler/support

How does someone turn a two-bedroom apartment into the world's largest hedge fund? Our guest today - the one and only Ray Dalio - knows. A master of global macro investing, Ray founded Bridgewater Associates and led it to unparalleled heights, redefining financial excellence along the way.Ray isn't just a finance legend; he's a visionary author and a vanguard in idea meritocracy. With bestsellers like 'Principles: Life and Work,' he's influenced minds around the globe. His journey from a finance graduate to a figure on the Time 100 and Bloomberg Markets' most influential people lists is nothing short of remarkable.Beyond finance, Ray's a dedicated family man and philanthropist, deeply invested in ocean exploration and equal opportunity initiatives.In our insightful chat, Ray breaks down his success pillars: radical transparency, idea meritocracy, and the power of transcendental meditation. He also opens up about loss, failure and how to align your life path to your true nature.Prepare to dive into a mind that's navigated the complex tides of global finance with steadfast principles and innovative strategies.Whether you're charting your course in business, sports, or any other area, Ray's insights offer keys to unlock your potential and create a life that resonates with your deepest aspirations.With Fire,MG-----WATCH this episode on our YouTube channel.Connect with us on our Instagram.Order my book, "The First Rule of Mastery" HERE!For more information and shownotes from every episode, head to findingmastery.com.To check out our exclusive sponsor deals and discounts CLICK HERESee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today's podcast: 1) Iran dispatched a warship to the Red Sea after the US Navy destroyed three Houthi boats, a move that risks ratcheting up tensions and complicates Washington's goal of securing a waterway that's vital to global trade. 2) If the consensus on Wall Street is often wrong — and evidence from 2023 does little to dispel that notion — then in the year ahead investors are facing either the mother of all rallies or a selloff for the ages. 3) ASML Holding canceled shipments of some of its machines to China at the request of US President Joe Biden's administration, weeks before export bans on the high-end chipmaking equipment came into effect, people familiar with the matter said. Full Transcript: Good morning. I maybe Morris and I'm Karen Moscow. Here are the stories we're following today. We begin with oil rising to start the new year, Iran sending a warship to the Red Sea in an escalation of tensions in the region. The show of force comes after the US Navy destroyed three Hoothy boats which we're attempting to board a container on New Year's Day. Elizabeth Kendall is a Middle East specialist from Cambridge University and says the two are clearly interlinked. Aaron is puppeteering Hamas, the Hoothy's and other movements like Hezbollah in the Middle East, and the houthy slogan indeed includes the words death to Israel and a curse on the Jews, so it's very much aligned with Hamas's more militant and extreme war wing. Cambridge University's Elizabeth Kendall checking oil right now, Nie makes crude oil up more than two percent or a dollar forty nine now trading at seventy three dollars and thirteen cents a bit. Well, Amy, oil isn't the only thing on the move this morning. We're also seeing Bitcoin on the rise, following through on last year's massive rally, and we get more from Bloomberg Markets reporter Joe Easton. It is up another four percent at the moment, at the highest level since April sixth, above forty five thousand dollars for the first time in two years. This is due to the expectation of the direct investment from this ETF, so that is boosting sentiment and a lot of positivity. People looking for more technical levels for that one to keep going higher. And Bloomberg Joe Easton says Bitcoin has risen over twenty percent since has started December, as that January tenth deadline for the Securities and Exchange Commission to give its blessing for a spot bitcoin ETF dra us closer checking bitcoin right now, it's at forty five seven hundred dollars over in Europe's stocks are also higher to kick off the new trading year. Let's get the latest from Bloomberg Daybreak euro banker Stephen Carrol. Stephen, good morning, Amy and Karen. The tensions in the Red Sea are playing into the market narrative in Europe today. Shares and the shipping giant Marisk have risen after it stopped using that key trade route for forty eight hours following the weekend attack on one of its vessels. Higher oil prices are also helping to lift oil majors, making energy one of the best performing sectors on the Stock six hundred. More broadly, it's the Spanish and Italian markets which are out performing, boost it by a rise in bank shares. In London, Stephen Carrolt Bloomberg Radio, All right, Stephen, thank you all. Back here in the US, Wall Street returns to a holiday shortened week to kick off the new trading year, and we get a look ahead from Bloomberg Shirlie Pellett. The S and P five hundred index sits within striking distance of its first in two years. But a key challenge for markets is the outlook for the economy and corporate earnings. Michael Binger is the president of Gradient Investments. The economy I think is very resilient. Jobs are driving that, corporate profits are supposed to grow about ten eleven percent. And valuations, I mean they're not really cheap, but they're not super expensive either in the markets right now. Among this week's earnings reports, Constellation Brands and Walgreens Boots Alliance in New York Charlie Pellett Bloomberg Radio. Thank you, Charlie. In twenty twenty three, some of Wall Street's biggest names got it wrong with their predictions for how markets would perform, So will they fare better? In twenty twenty four, Bloomberg has compiled more than six hundred and fifty calls from strategists in Today's Big Take. Sam Potter is a senior markets editor for Bloomberg. Most strategists on Wall Street see the interest rate tykes of the past eighteen months to two years finally starting to bite economies generally around the world, stock slow, and that will kind of pre run a central bank pivot roundabout mid year. Bloomberg Senior Markets editor Sam Potter adds that strategists see the main risks to the markets inflation and the US election. Well. In corporate news, Amy Chinas BYD may have just overtaken Tesla as the world leader in EV sales. It's still more than five hundred twenty six in fully electric vehicles in the fourth quarter. Bloomberg's John Lewis more from Beijing when BYD Tesla, it'll do two things. I think that's going to put this company into the consciousness of people around the world in a way that that company has not had ever before. The number two thing it does is it really underscores how dominant a position China not only as a market, but as a country with lots of companies producing electric vehicles, how dominant a position China has in that industry now and Bloombergs John Lusa's Tesla is estimated to have delivered over four hundred and eighty three thousand in the fourth quarter alone. Speaking of China, President Xi Jinping has pledged to strengthen his country's economic recovery after a tough year. Bloomberg's Jenny Marsh has more from Hong Kong. This is Chi Jinping's new yas Eve's speech, and he normally uses it to so trumpet the achievements his nation's major in the year. And I think this speech really stood out for how candid he was being about these problems. It's the first time he's acknowledged that the struggle that twenty twenty three have brought. It also sort of underplayed in some ways the problems that are still lying ahead in twenty twenty four for the economy. And he didn't really have any sort of quick fixes for that. Bloomberg Jenny Mark says China is entering a pivotal period as policymakers try to boost growth, stabilize a crisis in the property market, and prevent deflation. Beijing is expected to target a growth goal of around five percent again in twenty twenty four. Meanwhile, Amy, the Biden administration has won another battle and its effort to try and slow Shina from building its own semiconductor industry. We get more with the Bloomberg's Ed Baxter, ASML Holding is canceled shipments of some of its machines to China at the Biden request. This week's before the export bands on the high end chip making came into effect, the Dutch manufacturer had licenses to ship three top of the line deep ultraviolet lithography machines, but before the deadline it decided to cancel the orders. The US and allies have been trying to block access to the technology. Ed Baxter, Bloomberg Radio, Thank you care in time now for a look at some of the other stories making news in New York and around the world. And for that we're joined by Bloomberg's Michael bar Good morning, Michael, Good morning, Amy The death toll has now climbed to forty eight. After a magnitude seven point six earthquake struck Japan. The quake hit off the Noto Peninsula on Japan's northwest coast. This man at Tokyo resident and US national, was visiting to Yama when the quake hit. First. The trim had just done it very slowly, and everybody kind of left it off, you know, they thought, oh, this is this is kind of humorous, you know, on New Year's Day, and then then it is just a violent shape. The tremor was followed by hundreds of aftershocks. A plane is on fire right now on the runway of Tokyo's Hanada Airport. Authorities say a large burst of fire erupted from the side of a Japan Airlines plane as a taxi on the runway. All of the three hundred and seventy nine passengers and crew were said to be safely evacuated. Israel Supreme Court struck down a key component of Prime Minister Benjamin Etnaho's contentious judicious overhaul before the October seventh to Maas attack into southern Israel. The planned overhaul sparked months of mass protests threatened to trigger a constitutional crisis between the judicial and legislative branches of government. The FBI's Joint Terrorism Task Force is assisting police in Rochester, New York, to investigate a car crash that killed two people and injured five others outside of Performing Arts theater in the early hours of New Year's Day. The crash happened in front of the Kodak Center. It became a large scene due to a fire which had erupted as a result of the crash, and police also say several gas cans were found in and around the striking vehicle. Rochester Mayor Malik Evans I want to offer my condolences to those families, those individuals that lost their lives, and I asked the community to pay pray not only for those that have lost their lives, but also those that are injured. Terrorism investigators are trying to determine if this was just a car accident or something far worse. New York City's effort to stop migrant buses has resulted in the buses arriving instead in neighboring New Jersey. Over the weekend, buses from Texas and Louisiana began dropping off asylum seekers at several New Jersey transit stations. From there, the asylum seekers are believed to have taken trains to New York City. Edison, New Jersey mayor Sam Joshi says the buses are a major risk to health and security. The solution for me, as the mayor of Edison, is not to pawt it off to another mayor. Global news twenty four hours a day and whenever you want it with the Bloomberg News Now. I'm Michael Barr, and this is Bloomberg Aamy all right, Thank you, Michael, And we do bring the news throughout the day here on Bloomberg Radio, and now you can get the news on demand whenever you want it. Subscribe to Bloomberg News Now to get the latest headlines at the click of a button. Get informed on your schedule. You can listen and subscribe to Bloomberg News Now on the Bloomberg Business app, Bloomberg dot Com plus Apple, Spotify, and anywhere else you get your podcasts. Time now for the Sports Report, brought to you by Tri State Audi. For that, we bring in John stash Hour. Thanks Amy Kevilo. Terrific gains of the college football playoff semifinals overtime at the Rose Ball after Michigan tie to Alabama. The lad touchdown in ot Wolverines had the ball first out of the shotgun. Paura McGain This tiny poussi he's got the first out of more porm inside the five porm space is way across the goal line. Touch down Michigan seven. Take your touchdown run ESPN the call Michigan and stop BAMACB Jalen Milroe on a fourth down and one twenty seven to twenty JJ McCarthy through three TD passes, and then came the Sugar Bowl where Washington never trailed that at thirteen point lead been WITHY through the fourth quarter. Texas rallied had four chances to take the lead the final fifteen seconds, but ended the game with three incompletions on the Husky survive thirty seven thirty one. Their QB Michael Pennix Junior threw for four hundred and thirty yards. Championship game next Monday in Houston, both Michigan and Washington will go in fourteen and oh I Fiesta Ball, all Oregon forty five to six over a limitary vote next to five TD passes Sitters pull in Orlando, All Tennessee thirty five nothing over Iowa. LSU won the RELYA Quest in Tampa thirty five to thirty one over Wisconsin. Nicks happy to start the new year at the Garden after an ohen three road trip, they beat Minnesota, won twelve one to OH six. Julius Randall Port in thirty nine points. O g Onnobi made his next debut. He played thirty five minutes before found out. He scored seventeen in Toronto. RJ. Barrett and Emmanuel quickly debuted for their new team. Scored nineteen and fourteen points in a Raptors win over Cleveland. Outdoor Hockey in Seattle, crowd of forty seven thousand to see the Kraken shoutout Vegas three to nothing. John Stashwin Bricksport from coast to coast, from New York to San Francisco, Boston to Washington, DC, nationwide on Syrias Exam the Bloomberg Business app in Bloomberg dot Com. This is Bloomberg Day Break. Good morning. I'm Amy Morris, and we are entering the first week of trading for twenty twenty four. As we do most investment outlooks from major banks and advisors are predicting the same middle of the road scenario for the coming year, an economic slow down, a central bank pivot, and a late year rebound. We're joined by Dennis Gartman, University of Akron and Dowment chairman and former publisher of the Gartman Letter to sort of set us straight on what we can expect for the coming year. Now, Dennis, the dollar closed out its worst year since twenty twenty, the S and P five hundred rose nine straight weeks. Are these trends bound to continue? I have my doubts to the latter trend will continue. I think stocks are extremely overbought. The market has risen on an anticipation of three, four, five six cuts in the overnight Fed Funds rate by the Federal Reserve Bank. I have my doubts as to whether that will occur. I think that the Fed is done raising the overnight Fed funds rate. Of that, there's no doubt. But whether they're going to cut five or six times, I think is very doubtful. I think we have to anticipate the fact that the Federal will delay any change in the overnight Fed funds rate lower to later this year. There's too much anticipation that the FEDERALI begin cutting the overnight funds rate by March. I think it'll be late in the summer, maybe early into the autumn before it happens, But we shall see. Time shall tell. I think stocks, however, are aggressively overbought, have been for some while, and it seems to me this looks very similar to what happened in twenty twenty one twenty twenty two, when we reach the higher the market on the opening day of twenty twenty one and then ended up having a rather substantive decline in prices. So time shall tell. We'll see. But too much anticipation of too much easier possible abilities on the part of the Fed that I don't think are going to happen. Now, we have a job's report coming out on Friday. What are you watching for in that and how that might impact it? Long ago I quit anticipating the over the employment rates because of the fact that we tend to see such huge numbers of revisions from one month to the next. But right now the market is anticipating an increase of about one hundred and seventy five to one hundred and eighty five thousand new jobs. We shall see if that if that occurs, but it's one of the most radically revised reports of the year. Every month the revisions are forty to fifty thousand plus or minus. So right now the market is anticipating one hundred and seventy five to one hundred eighty five thousand times. Shall tell Barkley is predicting a softest landing. Vanguard JP Morgan expecting a mild recession. But you know that's what everybody predicted for twenty twenty three as well. What's the difference now. I was one of the people that expected to see a recession in twenty twenty three, and clearly we have not had that. The market is now anticipating the softest, the best of all kind of soft landings imaginable. I have my doubts as to whether that will occur, but that's what the market anticipates, that's what the stock prices have anticipated, and that's what the world generally anticipates. Whether whether it happens or not is up for debate. I have my doubts. Seriously, though we are over extended to the upside. We were long overdue on a recession because of the FED tightening monetary policy over the course of the past several years, and there's always law long and reasonable legs between the monetary policy and economic activity. And I think we be recessionary before the end of the year, but I don't think it'll be a substantive one. I think it'll be a very quiet one. Time. However, again, as I've said too many times already this morning time show, tell Yeah, I was about to ask you what kind of recession you were looking for. You're expecting a softest landing. Yeah, yes, I think it'll be a very soft one, a very minor one. We've seen these types of recessions before. But I think it'll be a very a very quiet and not anything like we saw in seventy three, seventy four, not anything like we saw in eighty one, eighty two, not anything like we saw in nine. But it'll be a recession, and it'll be a quiet increase in over in the unemployment rate to probably four or five percent before it's done. What do you see with oil and gold in this new year? Gold is opening up very strongly right now, and I think gold wants to go from the lower left to the upper right. It's been a bull market for a while, and I think gold wants to go higher. Clearly, it's heading about twenty one thousand before before too long, I think it goes to twenty two or twenty three thousand before the year is out. I have been very bearish on crude oil for a while because the term structure has been overly overtly barished, with the front month leading on the downside and failing to gain upon the back moths when the market when the market rallies. But now all of a sudden, we're starting to see the term structure beginning to change a little bit, and everybody's watching what's happening in the Gulf of so As. I think that's only gonna get worse, not better. And for the first time in months, I'm actually not bearish of crude oil. I'm starting to turn bullish of a Timeshall tell, but this is the first time in months that I've actually been have not been bearish on the crude oil market because of the changing nature of the term structure. You are listening to Bloomberg Daybreak today, your morning brief on the stories making news from Wall Street to Washington and beyond look for us on your podcast feed at six am Eastern each morning, on Apple, Spotify, and anywhere else you get your podcasts. You can also listen live each morning starting at five am Wall Street Time on Bloomberg eleven three to zero in New York, Bloomberg ninety nine to one in Washington, Bloomberg one oh sixty one in Boston, and Bloomberg nine sixty in San Francisco. Our flagship New York station is also available on your Amazon Alexa devices. Just say Alexa Play Bloomberg eleven thirty plus listen coast to coat on the Bloomberg Business app, Sirius Xmbiheartradio app, and on Bloomberg dot Com. I'm Amy Morris and I'm Karen Moscow. Join us again tomorrow morning for all the news you need to start your day right here on Bloomberg DaybreakSee 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On a special Black Friday edition of Bloomberg Markets, Carol co-hosted with Paul Sweeney. Julie Van Ullen, Chief Revenue Officer at Rakuten, joins to discuss shopping on Black Friday, holiday shopping outlook, and consumer health and potential ways to save. Belinda Oakley, CEO at SodexoLIVE!, joins to discuss jobs in the hospitality industry and outlook for the company and the hospitality space. Charles Gillespie, CEO at Gambling.com (NASDAQ: GAMB), joins to discuss his company's earnings and outlook for sports gambling as we head into peak NFL and college football season, and the NFL's first Black Friday game ever. Tom McGee, CEO of ICSC, discusses Black Friday and holiday spending retail projections. Hosted by Paul Sweeney and Carol Massar.See omnystudio.com/listener for privacy information.

On a special Black Friday edition of Bloomberg Markets, Carol co-hosted with Paul Sweeney. Julie Van Ullen, Chief Revenue Officer at Rakuten, joins to discuss shopping on Black Friday, holiday shopping outlook, and consumer health and potential ways to save. Belinda Oakley, CEO at SodexoLIVE!, joins to discuss jobs in the hospitality industry and outlook for the company and the hospitality space. Charles Gillespie, CEO at Gambling.com (NASDAQ: GAMB), joins to discuss his company's earnings and outlook for sports gambling as we head into peak NFL and college football season, and the NFL's first Black Friday game ever. Tom McGee, CEO of ICSC, discusses Black Friday and holiday spending retail projections. Hosted by Paul Sweeney and Carol Massar.See omnystudio.com/listener for privacy information.

Muddy Waters renewed its short call on Sunrun citing discrepancies in subscriber numbers. CEO Carson Block discussed the call with Bloomberg's Erik Schatzker on "Bloomberg Markets."See omnystudio.com/listener for privacy information.

Show Notes:Article by Adam Turnquist, "Breaking Down the Breakdown in Oil"-https://lplresearch.com/2023/09/08/breaking-down-the-breakout-in-oil/Chart on the Vix from Topdown Charts -https://www.chartstorm.info/p/chart-of-the-day-vix-seasonalityTwitter post from Bloomberg Markets -https://twitter.com/markets/status/1703486921387708511CME FedWatch Tool -https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html?Bloomberg Article, “Wall Street Comes to Grips with How Wrong It's Been in 2023” -https://www.bloomberg.com/news/articles/2023-09-17/wall-street-is-coming-to-grips-with-how-wrong-it-s-been-in-2023?Article from Nick Maggiulli, “How to Save for a House" - https://ofdollarsanddata.com/how-to-save-for-a-house/

In what's being hailed as a ‘Great Reset,' how the world does business looks very different now than it did before Covid. Bloomberg Markets magazine sent reporters all around the globe to see what the new order of global trade looks like on the ground. Bloomberg's Brendan Murray, Malcolm Scott and Jenny Leonard join guest host Rosalind Mathieson to discuss what they found. Read more: War, AI and Climate Change Shake Up $32 Trillion in Global Trade Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.See omnystudio.com/listener for privacy information.

Virginia Governor, Glenn Youngkin stops by Bloomberg Markets from the Paris Air Show at Le Bourget and speaks with Guy Johnson on a wide array of topics from economy in his home state, airline logistics between Dulles & Reagan International Airport, and a possible Presidential run in 2024.See omnystudio.com/listener for privacy information.

Focus of this episode: Educating about the acquisition and management of self-storage centers and other opportunistic real estate throughout the United States. Today we are going to talk about an asset class that is like real estate investing, but also like investing in a business... One of our goals on The Compassionate Capitalist Show is to understand the different asset classes, the niches of alternative investments, that meet your income and risk profile to help you build wealth so you can achieve the pinnacle of investment and wealth creation that angel investing. According to Bloomberg Markets, storage space is “… the number one alternative investment”. During recent years, self-storage has seen returns in the triple digits, fueled by homeownership dropping to it's lowest point in years after the real estate crash. Key benefits of investing in self-storage properties include: ‍ Resistant to Recession Relatively High Returns Lower Breakeven Occupancy Rate because it has a broad appeal within a community Lower Maintenance and Less Hassle than rental property  In 2020, the global self-storage market was valued at $48.02 billion. It is expected to reach a value of $64.71 billion by 2026, registering a compound annual growth rate of 5.45% from 2021 to 2026. In this episode, you will discover: In this episode, you will discover:  1. who should consider self storage as a niche asset,  2. how do you get started - 3 different ways 3. trends in growth of the sector post COVID,  4. fundamental metrics to consider when evaluating a self storage opportunity, and  5. how you can use your 401k - Self Directed IRA as a source for your funds. My guest today is Jacob Vanderslice is Principal at VanWest Partners, a Denver-based real-estate investment firm focusing on the acquisition and management of self-storage centers. By focusing on this conservative and growing real estate sector, VanWest has established a track record with over $238mm in real estate assets. CONNECT WITH JACOB email Jacob at VanWestPartners.com  Website: http://VanWestPartners.com Linkdein: in/VanWest-Partners and in/Jacob-Vanderslice Karen Rands is the leader of the Compassionate Capitalist Movement™ and author of the best selling investment primer: Inside Secrets to Angel Investing: Step-by-Step Strategies to Leverage Private Equity Investment for Passive Wealth Creation.  She is an authority on creating wealth through investing and building successful businesses that can scale and exit rich.  Karen is an enthusiastic speaker on these topics for corporations, economic development groups, angel investor networks, and professional  business networks.   About Karen https://www.karenrands.co/about-karen-rands/ Visit http://Kugarand.com and click on the Services tab, to learn more about the Compassionate Capitalist Wealth Maximizer System™.  Read about the Due Diligence Services, Investor Relations, Capital Strategies, Capital Access, and Capital Readiness Coaching serviced offered by her firm, Kugarand Capital Holdings.  The Compassionate Capitalist Show™ is a Podcast on YouTube.  Please visit and subscribe and share.  It is great to watch Karen and her guests live, in action.  The whole library of podcasts and interviews since 2020 can be found there by category or chronological. https://bit.ly/CCSyoutubepod  Imagine the feeling of investing in a way that had massive impact and a potential pay you back 10x your money. The time is now to find out if Angel Investing / CrowdFunding Investing is the wealth creation strategy for you.  Hear why the most wealthy people invest in entrepreneurs, and you have been told it is riskier than real estate and stocks.  Sign up for the FREE Compassionate Capitalist Wealth Mastery Challenge Power Week.  http://dothedeal.org      

*In Shoe Dog, the famously reticent founder of Nike opens up to tell the story of how he transformed a $50 loan into a multibillion-dollar business. *Opening with Knight on a brisk morning run, aged 24, we're treated to a description of the almost divine manner in which the idea for starting a shoe company first strikes. *Yet the actual making of the future megabrand was founded on Knight's own athletic prowess and business acumen, not to mention his dogged determination. *While his college friends secured “proper jobs” and his father scolded him for “jackassing around” with sports shoes, Knight persevered. By selling shoes from the boot of his car, he managed to turnover $8,000 in his first year. *At the heart of his burgeoning business was a desire to capture the thrill of competition, to do work that didn't feel like working. *As well as providing insights into the highs and lows of running a newly formed company, Shoe Dog shows what happens when you stop playing by society's rules and decide to follow your heart. Theme 1: Knight's Crazy Idea - 0:29 Theme 2: Knight's Entrepreneurial Journey & Purpose -11:55 Theme 3: The Buttfaces - 26:06 Like what you hear? Be sure to like & subscribe to support this podcast! Also leave a comment and let us know your thoughts on the episode. You can also get a free weekly email about the Book Insight of the week. Subscribe at memod.com/insights Want quick save-able, share-able bullet points on this book? Check out the Memo: https://memod.com/TomBBBusiness/how-the-story-of-nike-s-tough-early-days-can-inspi-594/part-1 HEAR THE FULL INTERVIEWS MENTIONED IN TODAYS' EPISODE HERE: Archive, Investors. “Billionaire Phil Knight: Starting Nike, Life and Shoes (2017).” YouTube, YouTube, 12 Sept. 2017, www.youtube.com/watch?v=nQvhAkLF7t0. Bloomberg Markets and Finance, Bloomberg Markets and. “The David Rubenstein Show: Phil Knight.” YouTube, YouTube, 28 June 2017, www.youtube.com/watch?v=brkdw_5umYY. Carmichael, Evan. “Chris Guillebeau's Top 10 Rules For Success (@Chrisguillebeau).” YouTube, YouTube, 26 May 2016, www.youtube.com/watch?v=BDEksMt3S9s. Chapters, Indigo |. “In Conversation: Phil Knight and Indigo CEO Heather Reisman.” YouTube, YouTube, 24 May 2016, www.youtube.com/watch?v=0EhX62tPsGw. Institute of Passion. “Steve Jobs Talking about Passion in Work at D5 Conference 2007.” YouTube, YouTube, 6 Jan. 2017, www.youtube.com/watch?v=H_SKFUHlW9Y. Morning, CBS Sunday. “How Phil Knight's ‘Crazy Idea' Conquers the Sporting World.” YouTube, YouTube, 24 Apr. 2016, www.youtube.com/watch?v=dxWJTo-0eyk. The Late Show with Stephen Colbert. “Phil Knight Made A Pair Of Nikes Just For Stephen.” YouTube, YouTube, 29 Apr. 2016, www.youtube.com/watch?v=qTQMi-CBcMg. Full Title: Shoe Dog: A Memoir by the Creating of Nike Year of Publication: 2016 Book Author: Phil Knight To purchase the complete edition of this book click here: https://a.co/d/1g3gx0K Book Insight Writer: Joe Barnes Editor: Tom Butler-Bowden Producer: Daniel Gonzalez Production Manager: Karin Richey Curator: Tom Butler-Bowden Narrator: Robin Gabrielli

On this episode of The Unlimited Podcast, BNN Bloomberg news anchor Jon Erlichman joins Brian for an interesting "behind-the-scenes" look at what it's like to be a business journalist. Brian and Jon discuss what it takes to be "on" all the time, what makes a great interview, some stories from Jon's celebrity interviews, and much more! Jon Erlichman anchors BNN Bloomberg's morning program, The Open, which airs every weekday. He also serves as co-host of Bloomberg's global program "Bloomberg Markets,” which airs weekdays as well. Erlichman has a background as a scoop-oriented reporter, an accomplished interviewer of top global CEOs and a digital innovator. On BNN he has interviewed too many high profile Canadian CEOs and business leaders to name. Erlichman has interviewed athletes such as Connor McDavid, entertainers such as Robert DeNiro, Ice Cube, Dan Aykroyd and Charli XCX, and entertainment industry players including Brian Grazer, Jerry Bruckheimer, Disney's Michael Eisner, Ron Howard and Jon Favreau, leading investors such as David Einhorn and Michael Burry, and media and tech leaders including Barry Diller and Jimmy Iovine. Among other roles, Erlichman previously served as a correspondent for ABC News in Los Angeles, an anchor and reporter for Bloomberg Television in New York, and in San Francisco with “Bloomberg Technology”. Beyond his traditional news experience, Erlichman is passionate about digital media. In 2015, he helped launch Parachute TV, the first live streaming TV channel on Twitter's Periscope app and he himself has more than 100,000 followers across all social media platforms. Click here for Jon's full bio from BNN Bloomberg. If you like what you hear, please don't hesitate to rate us kindly. And if there are particular topics you'd like covered, please let us know. Timestamps 0:00 Intro & Disclaimer 3:34 Jon's career path 6:28 How does Jon get ready to be 'On Air'? 13:58 What broadcasting from home during COVID was like 18:35 How does rapid information accessibility affect the newsroom environment? 22:37 What is the role of the media in sharing information? 25:25 Balancing short-term and long-term market reporting 29:15 Jon's tips for a good interview 34:44 Jon's experience interviewing Kobe Bryant 40:13 When has Jon been 'Starstruck'? Hint..."are you talkin' to me?" 43:03 Dealing with 'bloopers' in the newsroom 46:03 If Jon could do anything, what would it be? 47:48 Outro

Brent Kochuba is the Founder of SpotGamma, a financial insights company, which applies its proprietary methodology toward modeling index and equity options and then provides unique content to its subscribers. SpotGamma has thousands of members and has been featured in publications such as The Wall Street Journal and Bloomberg Markets. At SpotGamma, Brent oversees all of the product development and creative content.Previously, Brent was a portfolio manager with Seven North Capital Management where he focused on creating options-based investment strategies. Prior to that, he spent time as a derivatives broker at Wolverine Execution, Credit Suisse, and Bank of America. Brent  lives with his wife and children in Easton, Connecticut.  He holds a B.S. in Emerging Technologies from the University of Connecticut.In this episode of How To Trade It, Brent unpacks the relationship between Options and the Stock Market. You don't want to miss it!Subscribe to How To Trade It You'll want to listen to this episode, if you are interested in hearing Brent Kochuba discuss… [01:18] SpotGamma - analyzing the S&P500 and NASDAQ[03:04] Market Makers[06:47] Options expiration[10:17] Meme mania[14:45] Applying the data[20:23] Categories to watch[22:02] Daily Note[25:57] Summary of key points[28:48] Skew[31:07] A hidden danger for investorsMarket MakersThe Market Makers' whole job is to post bids and offers on the exchanges for both stocks and options. They are not a bank, nor a hedge fund.  Market Makers electronically send out and have orders resting on all of the exchanges, at all times.  Odds are, when you place an order in your eTrade or Robinhood account, you are actually buying or selling from one of the Market Makers. They are the primary liquidity providers in our market.  Citadel claims to have about 40-45% of the total option volume out there.   Resources & People Mentioned CitadelRobinhoodwww.SpotGamma.com/subscribe How to Trade It listeners can get TWO FREE WEEKS of any level of SpotGamma Subscription by using coupon code HTTI50 Connect with Brent Kochuba Website:     http://www.spotgamma.comYouTube:    https://www.youtube.com/c/spotgammaTwitter:       https://twitter.com/spotgammaSupport the show

This week in the China Shop, Salem Abraham, President of Abraham Trading stops by to talk about his journey through the stock markets. From trading futures in college to running his own firm, Salem has had quite the career and was kind enough to share some of the resources that helped him along the way. We also discuss the strategies behind FORTX, and what separates Salem's flagship fund from the many other options out there. Lastly, we discuss the energy sector and why Salem sees big potential in that sector.About Salem:Salem Abraham is the President of Abraham Trading. Salem graduated cum laude from the University of Notre Dame in December 1987 with a bachelor's degree in finance. He began his investing career as a futures trader while still in college, using quantitative models to trade global futures markets beginning in 1987. Throughout his career, Salem has managed investments in stocks, bonds, options, derivatives, and private equity. He has held full membership seats at both the Chicago Mercantile Exchange and the Chicago Board of Trade. His first investment experiences were shared with his grandfather, who employed him to buy and sell distressed minerals and ranches in the Texas Panhandle in the late 80s. In total, Salem has bought and sold more than 200,000 acres of land and resources. He manages investments in oil and gas properties, wind rights and residential, commercial, and agricultural real estate properties.Salem has been featured in Michael Covel's books The Complete TurtleTrader and Trend Following. He has also appeared in Bloomberg Markets, Absolute Return, Barron's, Institutional Investor, and The New York Times.Guest Links:Abraham Trading WebsiteThe Fortress FundSocial Links:Follow Salem on LinkedInFollow Abraham Trading Co on TwitterFollow Salem on TwitterBook Links:Portfolio Selection (Diversification)Market Wizards SeriesTrend FollowingSponsorshipsIf you are interested in signing up with TRADEPRO Academy, you can use our affiliate link here. We receive compensation for any purchases made when using this link, so it's a great way to support the show and learn at the same time! **Join our Discord for a link and code to save 10%**Check out the custom studies for futures trading over at OrderFlow Labs. We do not receive any compensation for referrals, we just love their community and tools!To contact us, you can email us directly at 2bulls@financialineptitude.com Or leave a message at (725) 22-BULLS. Be sure to follow us on Facebook, Twitter, or Discord to get updated when new content is posted! If you enjoyed this week's guest, check out our directory for other amazing interviews we've done in the past!If you like our show, please let us know by rating and subscribing on your platform of choice!If you like our show and hate social media, then please tell all your friends!If you have no friends and hate social media and you just want to give us money for advertising to help you find more friends, then you can donate to support the show here!Paypal donation linkChina Shop Links:2 Bulls DiscordChina Shop MerchGuest DirectoryAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Today, I am talking to a returning guest and good friend, Ray Dalio. Ray is the founder and co-chairman of Bridgewater Associates, which, over the last forty years, has become the largest and best performing hedge fund in the world. He is the author of #1 New York Times Bestseller and #1 Amazon Business Book of the Year, Principles. Dalio has appeared on the Time 100 list of the most influential people in the world as well as the Bloomberg Markets list of the 50 most influential people. He lives with his family in Connecticut.   Ray genuinely shares the deepness of thoughts and what is his views on passing on your principles to others and picking up theirs and learn from it, the unappreciated value of journaling, knowing the right approach to having better relationships through thoughtful disagreements, the lessons we can learn from history, and the three things that mainly influence us and our society. We also exchange thoughts on asking approval and validation from others, how we react to others out of our emotional state, and how we can be of service to the world.        This episode was filmed at Soho Works: 10 Jay Street.What We Discuss:00:00:00 Intro00:03:00 The first time you fear meeting someone00:04:17 How did you develop clarity?00:08:13 The smartness of your move determines the outcome00:10:55 When did you start journaling?00:18:19 The arc of life00:21:08 The three people you must have in your life00:25:12 The biggest problem of our society00:29:50 How to win the debate of life00:32:20 Looking at the sequence of discovering the truth00:38:03 Three big things that influence us00:47:00 The typical cycle for a new system00:49:16 It's more human nature than the system00:57:26 Producing a reaction that becomes instinctual01:03:36 Four important decisions we make in life01:10:25 How do you approach money?01:14:27 Don't worry so much about the approval of others01:20:27 Three practices of successful relationships01:25:08 How do we serve the world?01:27:56 What's your view of love?Episode ResourcesRay Dalio | BooksRay Dalio | LinkedInRay Dalio | TwitterRay Dalio | InstagramBridgewaterDo you want to meditate daily with me? Go to go.calm.com/onpurpose to get 40% off a Calm Premium Membership. Experience the Daily Jay. Only on CalmWant to be a Jay Shetty Certified Life Coach? Get the Digital Guide and Workbook from Jay Shetty https://jayshettypurpose.com/fb-getting-started-as-a-life-coach-podcast/

Welcome to another episode of The Coral Capital Podcast, a show about startups, technology, and venture capital with a focus on Japan and Asia. In this episode, we chat with Kathy Matsui, General Partner of MPower Partners, Japan's first ESG-focused VC founded in 2021. Most people will know her for coining the term "Womenomics" in her groundbreaking report published when she was at Goldman Sachs. Her research put gender diversity front and center of Japanese government policies in the years that followed. She was chosen by The Wall Street Journal as one of the "10 Women to Watch in Asia" and was also named to Bloomberg Markets magazine's “50 Most Influential” list in 2014. In this episode we discuss: How and why Kathy came to Japan as a Japanese American Her experience working at financial institutions in Tokyo Why she loves Japanese office attire What drove Kathy to author her influential report on “womenomics” Changes Japan has seen in terms of women's labor market participation Tailwinds to raise an ESG-focused fund in Japan Why startups should care about ESG Practical applications of ESG at startups If you enjoy this episode, please make sure to follow us on Spotify, Apple Podcasts, or Google Podcasts.

Another hot inflation reading this week underscores the importance of the US Federal Reserve's campaign to tame decades-high increases in consumer prices, with many market observers evoking the memory of a similar effort by the central bank's larger-than-life former chairman, Paul Volcker. One key to Volcker's success in the 1980s, achieved through interest-rate hikes and control of the money supply, was setting the appropriate expectations in the financial markets, according to Christine Harper, editor of Bloomberg Markets magazine and co-author of Volcker's memoirs, Keeping at It: The Quest for Sound Money and Good Government. Harper joined the latest episode of What Goes Up to discuss her experience with Volcker, and what lessons learned from his time as Fed chief are useful today.   “Psychology was really important,” she said. “He really understood the psychology of investors, the psychology of consumers and business people. And so much of what he did, and the inflation fight, was basically around changing the psychology.”See omnystudio.com/listener for privacy information.

Jon is a Senior Television Anchor at Bloomberg News and Co-host of Bloomberg Markets and The Open. He is also a Correspondent & Anchor at CTV National News, The #1 News Organization in Canada. Jon has interviewed many great investors and entrepreneurs as well as others like Kobe Bryant, Ice Cube, and Robert De Niro in his 25 years covering technology, business, and investing. He is also prolific on social media, where he has accumulated a significant audience. Follow Jon on Twitter @jonerlichman. [2:18] - Jon's origin story, TV career, and digital media explorations [11:37] - The evolution of podcasting and other new media formats [20:40] - How to tailor content and communication towards specific social media platforms [31:36] - The interplay of traditional media and new media over time [38:23] - Why Jon likes covering the stories of successful technology company founders [47:08] - How learning the art of listening can improve the quality of conversation --- Support the show by checking out my sponsors: Join Levels and get personalized insights to learn about your metabolic health. Go to https://levels.link/jake. --- https://homeofjake.com

The chief executive of crypto exchange Kraken says that he's still very bullish on Bitcoin and that its improving fundamentals make it hard to bet against BTC. In a new interview with Bloomberg Markets and Finance, Kraken CEO Jesse Powell says that he bought more Bitcoin when it was around $18,000, and hopes it will continue to climb even higher. “I wasn't expecting all this craziness in the macro environment, however, I'm still hopeful that I'll be able to buy a Bugatti by the end of the year for one Bitcoin… I'm still very bullish, I bought Bitcoin again at $18,000, so I'm happy to ride it all the way back up. I'm still very bullish in the long run, [its] fundamentals keep improving, so I would never bet against Bitcoin.” Learn more about your ad choices. Visit megaphone.fm/adchoices

With the passage of the Inflation Reduction Act by the US Senate, the US is now on the cusp of implementing very aggressive drug pricing controls within Medicare. Richard Evans is the general manager of SSR Health, which he founded in 2009 to address the complexity of US drug pricing. Before founding SSR, Richard was a senior analyst at Sanford C. Bernstein, and during his tenure, he was ranked first by both Institutional Investor and Bloomberg Markets and was also rated as one of the top 20 stock-pickers globally across all large-cap industries. Ironically, one of the most challenging questions to answer in US drug pricing is “How much does it cost?” Is it the cost of the drug out of pocket? Perhaps the cost to the insurer, to the PBM, to the hospital, or the total that finally ends up on the company balance sheet as revenue? To each of these value chain actors, the answer will be markedly different and Richard's knowledge of the interplay of their various competing interests is without peer. In this podcast, Richard explains the role of PBMs in market access and drug pricing, the perverse incentives that are baked into the US and EU systems, and how all of the actors are simply behaving logically within the odd construct of the current healthcare ecosystems. Often, these outcomes are not aligned to the best interests of patients at the point of sale. As well, we discuss the enormous revenue reductions that are likely to occur within the US biopharma ecosystem if the Inflation Reduction Act is signed into law in its current form, and the ominous implications this has for patients with unmet medical needs requiring cures.  See omnystudio.com/listener for privacy information.

Rate hikes and soaring inflation has pushed the U.S. Federal Reserve to hike rates at a pace last seen four decades back. Global central bankers are following suit. With the RBI set to deliver yet another hike at its August meet and global economy monitors such as the IMF downgrading growth warning of a global recession, we explore which is the lesser evil, higher rates or a global recession. Host Anupriya Bahadur is joined by Sugata Ghosh, Associate Editor, The Economic Times and Abheek Barua, Chief Economist, HDFC Bank to discuss the global economic drama and what could be the climax. Credits: Reserve Bank of India, Bloomberg Markets and Finance, CNBC US and Money Control

Brent Kochuba is the Founder of SpotGamma, a financial insights company, which applies its proprietary methodology toward modeling index and equity options and then provides unique content to its subscribers. SpotGamma has thousands of members and has been featured in publications such as The Wall Street Journal and Bloomberg Markets. At SpotGamma, Brent oversees all of the product development and creative content. Prior to SpotGamma, Brent was most recently a portfolio manager with Seven North Capital Management where he focused on creating options-based investment strategies. Prior to that, he spent time as a derivatives broker at Wolverine Execution, Credit Suisse and Bank of America. Brent now lives with his wife and children in Easton, Connecticut. Brent holds a B.S. in Emerging Technologies from the University of Connecticut. Brent joins me on Tech Talks Daily to discuss why tech, stock, and options analysis work so well together. We also attempt to demystify the options market and empower investors at all levels.

While many people are now happily returning to restaurants and concert halls after two years of COVID isolation, most workers are not as eager to return to the office. Office occupancy rates in the US are only at 40%, with as many as 15% of people say they plan never to return. Some economists argue that workers must be at the office for at least part of the week to facilitate creativity, collaboration, and innovation. Specifically, young workers have a lot to learn from their senior colleagues, an invaluable knowledge transfer which is often the result of spontaneous workplace interactions or friendly relations which are hard to cultivate via Zoom. Likewise, older workers need to become invested in their colleagues' success, mentoring them, offering them assignments, and championing them to others. These are important relationships that are not only vital to individual progress, but also to the long-term success of the company. Others point to statistics that show working from home, avoiding long commutes, and having more time for leisure activities actually increases productivity and effectiveness. And polls show that a third of workers would rather resign than return to the office full time. Instead of returning to an old and outdated workplace culture, companies need to redesign how they function and use new technology to reinforce social bonds. Workplaces which let their employees work from home while embracing new digital work tools of the 21st century will increase productivity, strengthen relationships, retain better employees, and ultimately get better results. Arguing for the motion is Allison Schrager, columnist for Bloomberg Opinion and senior fellow at the Manhattan Institute Arguing against the motion is Adrian Wooldridge, global business columnist for Bloomberg Opinion QUOTES: ALLISON SCHRAGER  “If we completely get rid of the office, then at what point do you connect with your coworkers? In a quarterly or annual retreat? You're never going to really have the spark in chemistry if that's the only time you see them.” ADRIAN WOOLDRIDGE “People have discovered that they can be just as productive, just as creative, just as intelligent at home as in the formal office …. work is no longer tied to a place.”   Sources: Yahoo Finance, Bloomberg Markets, CNBC The host of the Munk Debates is Rudyard Griffiths - @rudyardg.   Tweet your comments about this episode to @munkdebate or comment on our Facebook page https://www.facebook.com/munkdebates/ To sign up for a weekly email reminder for this podcast, send an email to podcast@munkdebates.com.   To support civil and substantive debate on the big questions of the day, consider becoming a Munk Member at https://munkdebates.com/membership Members receive access to our 10+ year library of great debates in HD video, a free Munk Debates book, newsletter and ticketing privileges at our live events. This podcast is a project of the Munk Debates, a Canadian charitable organization dedicated to fostering civil and substantive public dialogue - https://munkdebates.com/   Senior Producer: Ricki Gurwitz Editor: Adam Karch

Jon Erlichman is a correspondent and anchor for CTV National News, Canada's most watched nightly newscast, and a senior anchor for Bloomberg Markets. But how we know Jon is as one of the most effective finance communicators on social media - if you don't follow him on Twitter or watch his TikTok's - you should. ****Calling all bulls, bears and party animals.The market's closed and the bar is open. Come and trade ideas at Australia's biggest investing festival - Equity Mates' FinFest.With expert speakers and guests, DJs and booze, it's an inspiring and empowering event for investors of any level of experience.Save the date - 15th October, 2022 Sydney - Head to equitymates.com/finfest to register your interest.Equity Mates' FinFest, powered by Stake****Order Get Started Investing on Booktopia or Amazon now. If you want to let Alec or Bryce know what you think of an episode, contact them here. *****In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing Podcast acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****If the episode was sponsored, make it clear here:This episode contained sponsored content from XXX*****Equity Mates Investing Podcast is a product of Equity Mates Media. All information in this podcast is for education and entertainment purposes only. Equity Mates gives listeners access to information and educational content provided by a range of financial services professionals. It is not intended as a substitute for professional finance, legal or tax advice. The hosts of Equity Mates Investing Podcast are not financial professionals and are not aware of your personal financial circumstances. Equity Mates Media does not operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given.Before making any financial decisions you should read the Product Disclosure Statement and, if necessary, consult a licensed financial professional. Do not take financial advice from a podcast or video. For more information head to the disclaimer page on the Equity Mates website where you can find ASIC resources and find a registered financial professional near you. Equity Mates is part of the Acast Creator Network. See acast.com/privacy for privacy and opt-out information.

Tracy Alloway is the co-host of the Odd Lots podcast and a managing editor at Bloomberg Markets. You can follow Tracy on Twitter at https://twitter.com/tracyalloway and listen to her podcast here: https://open.spotify.com/show/1te7oSFyRVekxMBJUSethH Show Notes: Financial crisis hindsight Being obsessed with risk and systemic stability Historical parallels to the crisis of ‘08 Macro vs. micro bullshitting Why people refuse to say “I don't know” Victorian chicken bubble Tales of forensic accounting NFTs being used to launder money? NFTs' path to success Insights from collapse of previous civilizations Understanding the Human OS Fair Wages for Robots Praise for Citi's Matt King and Credit Suisse's Zoltan Pozsar

BIO: Brent Kochuba is the Founder of SpotGamma, a financial insights company that applies its proprietary methodology toward modeling index and equity options and then provides unique content to its subscribers. STORY: Brent joined a former client as a trader in his fund. Five days after he started working at the fund, the market opened a limit down and halted trading. The fund lost so much money, and the only way out was to liquidate and shut down. LEARNING: Know whom you're dealing with. Speak up and ask for clarification when things don't make sense.   “If you're in a position that is going to make you a lot of money, the risk is likely to be high too.”Brent Kochuba  Guest profilehttps://www.linkedin.com/in/brent-kochuba-22509a1/ (Brent Kochuba) is the Founder of https://spotgamma.com/ (SpotGamma), a financial insights company, which applies its proprietary methodology toward modeling index and equity options and then provides unique content to its subscribers. SpotGamma has thousands of members and has been featured in publications such as The Wall Street Journal and Bloomberg Markets. Worst investment everBrent had been in the institutional broker space for about 15 years when one of his clients—whom he knew reasonably well—decided to start his own fund. Brent chose to leave his then employer to work for this gentleman at this fund. This was in August of 2015. At the time, the gentleman ran a small account. He would short put options—insurance contracts that people often buy to protect themselves if the market declines. Brent was a trader, and the gentleman was the portfolio manager. Brent had been on the trading desk with the gentleman for five days, and on the third Friday of August, massive trades suddenly started to go off right at the close of trading. Two days later, the market opened a limit down and halted trading. The fund was losing money because the market was dropping. Frantically, they tried to hedge their portfolio but couldn't and were forced to liquidate and shut down. Lessons learnedKnow whom you're dealing with. Speak up and ask for clarification when things don't make sense. The more money you stand to make from a position, the higher the risk. Andrew's takeawaysBanks will always take away the umbrella just when it starts raining. Actionable adviceUnderstand what it is you're involved in. Instead of looking for the shortcut, go with the tried and true ways of succeeding. No.1 goal for the next 12 monthsBrent's company is part of a documentary coming out on MSNBC and Peacock. His goal for the next 12 months is to use this platform to educate people on the power of options and investing in the market.   [spp-transcript]   Connect with Brent Kochubahttps://www.linkedin.com/in/brent-kochuba-22509a1/ (LinkedIn) https://www.youtube.com/c/spotgamma (YouTube) https://spotgamma.com/blog/ (Website) Andrew's bookshttps://amzn.to/3qrfHjX (How to Start Building Your Wealth Investing in the Stock Market) https://amzn.to/2PDApAo (My Worst Investment Ever) https://amzn.to/3v6ip1Y (9 Valuation Mistakes and How to Avoid Them) https://amzn.to/3emBO8M (Transform Your Business with Dr.Deming's 14 Points) Andrew's online programshttps://valuationmasterclass.com/ (Valuation Master Class) https://academy.astotz.com/courses/how-to-start-building-your-wealth-investing-in-the-stock-market (How to Start Building Your Wealth Investing in the Stock Market) https://academy.astotz.com/courses/finance-made-ridiculously-simple (Finance Made Ridiculously Simple) https://academy.astotz.com/courses/gp (Become a Great Presenter and Increase Your Influence) https://academy.astotz.com/courses/transformyourbusiness (Transform Your Business with Dr. Deming's 14 Points) Connect with Andrew Stotz:https://www.astotz.com/ (astotz.com) https://www.linkedin.com/in/andrewstotz/ (LinkedIn) https://www.facebook.com/andrewstotzpage (Facebook) https://www.instagram.com/andstotz/ (Instagram)

Host Guy Johnson speaks with Joe Mayes, Bloomberg UK Government Reporter, Isis Almeida, Bloomberg Team Leader for European Gas, Power, and Renewables, Mike Regan, Senior Editor for Bloomberg Markets, Ed Ludlow, Bloomberg West Coast Correspondent, Ira Jersey, Bloomberg Intelligence Chief US Interest Rate Strategist.

Jay Hatfield, Portfolio Manager and CIO at Infrastructure Capital Advisors, shares his outlook for the markets and economy heading into the new year. Tony Anscombe, Chief Cyber Threat Officer at ESET, explains why 2022 is poised to be the Year of Cybersecurity. Ed Cofrancesco, CEO at International Assets Advisory, discusses why he sees a major correction on the market horizon. And Matt Maley, Chief Market Strategist at Miller Tabak wraps up the year in trading. Hosts: Tim Stenovec, Kriti Gupta and Romaine Bostick. Producer: Paul Brennan. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Ross Mayfield, Baird Investment Strategy Analyst, discusses his outlook for Fed policy and investing in technology. David Nayfeld, Owner and Executive Chef at Che Fico, talks about how the omicron variant is impacting the restaurant industry. Jason Pride, Chief Investment Officer for Private Wealth at Glenmede, shares his thoughts on market headwinds for 2022. And JoAnne Feeney, Partner & Portfolio Manager at Advisors Capital Management, provides her investment perspective going into the new year. Hosts: Tim Stenovec, Kriti Gupta and Romaine Bostick. Producer: Paul Brennan. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

RC Peck, CIO at Fearless Wealth, discusses investing in equities and stock picks. The Duckhorn Portfolio CEO Alex Ryan recaps how the luxury wine seller has managed supply chain challenges and pricing pressures. Paul Christopher, Head of Global Market Strategy at Wells Fargo Investment Institute, shares his outlook for the markets and Fed policy in 2022. Ancora Advisors Managing Director & Portfolio Manager David Sowerby talks about how many high expectation stocks have fallen off their 52 week highs. Hosts: Tim Stenovec, Kriti Gupta and Romaine Bostick. Producer: Paul Brennan. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Michele Schneider, Managing Director at Marketgauge Group, shares her thoughts on the markets and Fed policy. Jason Walter, Founder & CEO at National Land Realty, discusses the outlook for land sales in the new year. Bloomberg News Technology Reporter Mark Gurman has news that Apple has issued unusual $180,000 stock bonuses to some engineers in an effort to retain talent. Ann Miletti, Allspring Global Investments Head of Active Equity, talks about the challenges that may lie ahead for the markets as new headwinds continue to emerge. And Katie Nixon, CIO at Northern Trust Wealth Management, explains why investors should expect more volatility in 2022. Hosts: Tim Stenovec, Kriti Gupta and Romaine Bostick. Producer: Paul Brennan. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Michael Zinn, Wealth Management Senior V.P. at UBS, explains why an increase in Covid cases are concerning to investors. Dream Hotel Group CEO Jay Stein discusses the impact of the omicron variant on travel and lodging. Chad Morganlander, Senior Portfolio Manager at Washington Crossing Advisors, provides his analysis of the markets. And Sandip Bhagat, Whittier Trust Chief Investment Officer, shares his optimistic market outlook for the new year. Hosts: Tim Stenovec, Kriti Gupta and Romaine Bostick. Producer: Paul Brennan. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

With William Green | Author | Journalist BIO: William Green is an author and journalist, Over the last quarter of a century, he has interviewed many of the world's best investors, exploring in depth the question of what qualities and insights enable them to achieve enduring success Green has written for many leading publications in the US and Europe, including The New Yorker, Time, Fortune, Forbes, Barron's, Fast Company, Money, Worth, Bloomberg Markets, The Los Angeles Times, The Boston Globe Magazine,  The New York Observer, The (London) Spectator, The (London) Independent Magazine, and The Economist. Highlights: Learn lessons that apply to everyone, from how the greatest investors in the world think and make decisionsHow the art of subtracting can increase our well-being and financial healthHow to reduce complexity in your life and focus on the things that ultimately matterThe value of equanimity plays in your facilitating financial healthHow we may regard some teachings from the world's greatest investors as practical philosophersThe power of embracing "good enough." Links: William's website: CLICK HERE Buy William's book: CLICK HERE

https://www.williamgreenwrites.com/ (William Green) is the author ofhttps://www.amazon.com/Richer-Wiser-Happier-Greatest-Investors/dp/1501164856/ ( Richer, Wiser, Happier: How the World's Greatest Investors Win in the Markets and Life) (April 20, 2021; Scribner). The book is the culmination of his journalistic work, which led him to conversations with many of the world's greatest investors, from Sir John Templeton to Charlie Munger, Jack Bogle to Ed Thorp, Will Danoff to Mohnish Pabrai, Joel Greenblatt to Howard Marks. Green has written for many leading publications in the US and Europe, including The New Yorker, Time, Fortune, Forbes, Barron's, Fast Company, Money, Worth, Bloomberg Markets, The Los Angeles Times, The Boston Globe Magazine, The New York Observer, The (London) Spectator, The (London) Independent Magazine, and The Economist. He has reported in places as diverse as China, India, Japan, the Philippines, Bangladesh, Saudi Arabia, South Africa, the US, Mexico, England, France, Monaco, Poland, Italy, and Russia. He has interviewed presidents and prime ministers, inventors, criminals, prize-winning authors, the CEOs of some of the world's largest companies, and countless billionaires. Green has collaborated on several books as a ghostwriter, co-author, or editor. One of them became a #1 New York Times and #1 Wall Street Journal bestseller in 2017. He also worked closely with a renowned hedge fund manager, Guy Spier, helping him to write his much-praised 2014 memoir, The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment. Green also wrote and edited The Great Minds of Investing, which features short profiles of 33 renowned investors, along with stunning portraits created by Michael O'Brien, one of America's preeminent photographers. Introduction: [01:45] – Introducing author William Green [05:00] – Tasting - https://widowjane.com/ (Widow Jane) – 10 Year Aged Bourbon Whiskey [07:23] – Simplicity – “Intelligent people are easily seduced by complexity while underestimating simple ideas that carry tremendous weight.” “There are no extra points for difficulty.” [16:30] – Worldly Wisdom - “The ability just to make vast sums of money is not something that honorable or noble…it's a great party trick”. “Why worship people just because they were good at this one game of making money?” [24:30] – High-Performance Habits – “when people try to be optimal, they tend to screw up because that's not sustainable…if I just pick some directionally correct habits and just keep plugging away for decades, it's going to work out in the long run.” [27:50] – Being Directionally Correct & Radically Moderate – “the aggregation of marginal gains…there are all of these habits that give you a marginal advantage…none of these things seem that big of a deal on the day…when you combine them, they become very powerful.” [35:20] – "In a world that's increasingly geared toward short-termism and instant gratification, a tremendous advantage can be gained by those who consistently move in the opposite direction. This applies not only to business, but to our relationships, health, careers, and everything else that matters." [54:50] – Arnold Van Den Berg – “Part of what's so striking about Arnold was he was dealt the worst possible hand…born into a Jewish family during the Holocaust in Amsterdam on the same street as Ann Frank…and managed to transform himself over the years to this incredibly kind, loving, decent bloke”. [1:14:15] – We're all flawed and experience turmoil [1:23:15] – William on Wealth “for me it's really important to have the freedom work together with people I like and admire on something that's valuable and worthwhile and is interesting and serves other people in some way…that freedom and independence is a critical part of wealth.” Links: https://www.vermillionprivatewealth.com/bullsbearsandbourbon (www.bullsbearsandbourbon.com)...

Lily Jamali is a co-host of the California Report at KQED. The radio show covers a variety of topics about California, including the economy, immigration and education. While at KQED, Lily has covered the utility company PG&E, which announced bankruptcy at the beginning of 2019 after being found responsible for causing wildfires in the state. In May, Lily released an investigation about PG&E's Fire Victim Trust, which was set up to help those affected by fires over the years. Lily found that much of the money was going to overhead costs like paying lawyers, and a very small amount was going to victims. (Lawmakers are now seeking a probe into the trust.) Before joining KQED, Lily was an anchor for Bloomberg Markets in Canada and a reporter and producer for Reuters TV. She's also worked for TV stations in New York and Northern California. Lily is a graduate of UCLA, and she eventually went on to obtain her master's degree in journalism at Colombia, as well as an M.B.A. in finance from NYU. Lily gave shoutouts to Robin Epley, who came onto the podcast in May, Adriene Hill from NPR's California Newsroom and Aaron Glantz, also from NPR. Note: Lily was gracious enough to record her voice while she was in a car during a heatwave! About 20 minutes into the episode, she had to switch recording devices, so you'll hear a noticeable difference in the sound at that point.

Third-party retailers, wholesalers, or any other middlemen, shall it be death by a billion clicks? Today we're talking about Direct-to-Consumer. "Why Brands Are Shifting To Direct-To-Consumer Marketing" (Joseph Safina, Forbes.com, 03/2020), "Is it time to blow up your business model and switch to DTC?" (Derek O'Carroll, sctimes.io, 09/2018), "Direct to Consumer: The Means to an End" (Michael Applebaum, pathtopurchaseiq.com, 06/2019, "Direct-to-Consumer (Wiki), "Retail Brands' Future Is Direct-to-Consumer: Robert Burke CEO Bloomberg Markets and Finance" (YouTube, Bloomberg Markets and Finance), "Shopify president on the success of its direct-to-consumer business NBC Television CNBC Television" (YouTube, CNBC, NBC), "Direct-to-consumer companies are trying to take on Amazon this holiday season" CNBC Television" (YouTube, CNBC) MUSIC: "Bloom" (Troye Sivan), "I Said I Loved You But I Lied", "How Am I Supposed to Live Without You? (Michael Bolton).

Host Guy Johnson spoke to Laura Cooper, Macro Strategist for Bloomberg Markets and Cameron Crise, Macro Strategist for Bloomberg. They discussed the U.K. economy and the stock market rally since its pandemic lows.

Host Guy Johnson spoke to Laura Cooper, Macro Strategist for Bloomberg Markets and Cameron Crise, Macro Strategist for Bloomberg. They discussed American Airlines on th verge of massive layoffs and preview Jackson Hole Economic Policy Symposium.

Host Jonathan Ferro spoke with Laura Cooper, Macro Strategist for Bloomberg Markets. They discussed global markets and the possibilty of US stimulus.

Bloomberg Markets magazine is out with a special issue focused on diversity, where black men and women share their experience on Wall Street. There's no universal experience, but their stories reflect what it's like, and what it means, to be just one of a handful of black faces in finance. Bloomberg Radio and Television Correspondent Sonali Basak contributed to the issue and brings us more in this special report.  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Hosts Jonathan Ferro and Guy Johnson spoke with Laura Cooper, Macro Strategist for Bloomberg Markets and Michael Regan, Senior Editor and Lead Blogger for Markets Live about virus concerns and market volatility.

Viac ako 183-tisíc nových prípadov za 24 hodín, oznámila Svetová zdravotnícka organizácia. V nedeľu to tak bol najvyšší denný nárast od vypuknutia pandémie nového koronavírusu. Aj keď najviac prípadov hlási Brazília, o druhej vlne Covid-19 už hovorí Južná Kórea, nové nákazy hlási aj Nemecko, Poľsko, Česko ale napríklad aj Slovensko. Aké je teda situácia v Európe? Kde sú nové ohniská nákazy? A čo nás čaká? Tomáš Prokopčák sa rozpráva s Ninou Sobotovičovou. Zdroj zvukov: DW News, Bloomberg Markets and Finance

Today's guest is Salem Abraham from Abraham Trading Company Salem started his investing career as a futures trader, using quantitative models to trade global futures markets beginning in 1987. In 1999, Salem and the Abraham Trading team became the first company in the world to send computer-generated orders electronically to the Chicago Mercantile Exchange. Throughout his career, Salem has managed investments in stocks, bonds, options, derivatives, and private equity. He has held full membership seats at both the Chicago Mercantile Exchange and the Chicago Board of Trade. Salem is also highly experienced in orchards, farmland, ranchland, wind, water, and energy investments. His first investment experiences were shared with his grandfather, who employed him to buy and sell distressed minerals and ranches in the Texas Panhandle in the late 80s. In total, Salem has bought and sold more than 200,000 acres of land and resources. He manages investments in oil and gas properties, wind rights and residential, commercial, and agricultural real estate properties. Salem has served on nonprofit investment boards for over 25 years. From 1995 to 2014, he served on the Amarillo Area Foundation Investment Committee. Since 2004, he has served on the St. Jude Children's Research Hospital Investment Committee. He assists with both large and small nonprofit endowments, with portfolios ranging from $1 million to over $4 billion in assets. His experiences with large and small institutional investors have provided insights into the unique mandates and challenges of managing foundation and endowment portfolios of all sizes. The strategy for the Abraham Fortress Fund was originally used for Salem's half of the Pickens-Abraham Foundation that he started with T. Boone Pickens in 2008. The foundation provided college scholarships to accomplished graduating seniors in the Texas Panhandle. After the death of T. Boone Pickens in September of 2019, the Pickens Abraham Foundation was divided, with half of the funds going to the T. Boone Pickens Foundation and half of the funds going to the Salem & Ruth Ann Abraham Foundation. The Salem and Ruth Ann Abraham Foundation is managed by Salem and is invested in the Abraham Fortress Fund. Salem has been featured in Michael Covel's books The Complete TurtleTrader and Trend Following. He has also appeared in Bloomberg Markets, Absolute Return, Barron's, and the New York Times. Salem continues to lead the research efforts at Abraham Trading Company. He resides with his family in Canadian, Texas. --- Send in a voice message: https://anchor.fm/incubatorhedgefund/message

For years active mutual funds have been looking for a way to utilize the benefits of the ETF structure without having to show their holdings every day. They may have finally found a solution, but will it be enough?Joel and Eric are joined by Dan McCabe of Precidian Investments and Rachel Evans of Bloomberg News, who wrote about McCabe's non-transparent active ETF structure in the latest issue of Bloomberg Markets magazine. McCabe, who's licensing his structure to the likes of BlackRock, JP Morgan and Goldman Sachs, discusses how this decade-in-the-making development came to pass and the benefit it might provide investors while addressing industry headwinds and competition. Eric, Joel, and Rachel begin the episode with a brief discussion of Schwab's move to eliminate commissions -- the latest flare-up in the ETF trading war -- as well the new ETF Rule the SEC finalized last week. See omnystudio.com/listener for privacy information.

There's been roughly 10 billion individual ETF trades in the past 25 years with almost no issues. This McDonald's-esque track record of happy customers is one of the reasons ETFs have become so popular. One of the main reasons behind the stellar track record of trading is the important role played by ETF market makers, who provide liquidity for popular ETFs but also lesser traded ones— stepping in to be a buyer or a seller when there are none.  On this week's Trillions, Eric and Joel speak with veteran ETF market maker Chris Hempstead of Deutsche Bank as well as Annie Massa of Bloomberg News, who just wrote about the secretive market maker Susquehanna in the latest issue of Bloomberg Markets. The discussion covers ETF mechanics, liquidity, and poker. Yes, poker. See omnystudio.com/listener for privacy information.

Ten years ago, the financial crisis changed everything -- and helped create the world we now inhabit. Eric and Joel push rewind to revisit 2008, examine why ETFs managed to take in money that year despite the huge loss in the market, and dissect what's changed in the decade since and what it tells us about the future. Christine Harper, the editor of Bloomberg Markets, who covered banking for Bloomberg News at the time, joins to offer her insights.See omnystudio.com/listener for privacy information.