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This week we're joined by FT Alphaville writer Alexandra Scaggs (@alexandrascaggs) to discuss all the latest market news from this week: tariffs, reversing the tariffs, reversing the tariff reversals, bond vigilantes, and of course the Art of the Deal Support us on Patreon: www.patreon.com/trillbillyworkersparty
Discover the intricate world of global financial markets with Robin Wigglesworth, editor of FT Alphaville, as we navigate the fascinating dynamics of the bond market. Robin shares his passion and insights, drawing from his current work on a book chronicling the history of bonds. Through our discussion, you will gain a deeper understanding of the volatility in the U.S. Treasury yields, the implications of these unusual fluctuations, and why U.S. markets often rally while Europe remains undervalued.Reflecting on past financial crises, we dissect the nuanced relationship between bond and equity markets, revealing how bonds can be a more perceptive indicator of systemic risks. Recent economic turbulence, from the Silicon Valley Bank collapse to inflationary pressures, has brought increased volatility in fixed income markets, raising concerns about their fragility. Yet, U.S. Treasuries remain a safe haven in times of crisis. We examine how central banks play a pivotal role in maintaining market stability and explore the potential impacts of a hypothetical second Trump administration on global markets.Our conversation extends to the evolving financial landscapes in Europe and Japan, where signs of optimism are emerging despite historical challenges. We explore the implications of Europe's potential shift towards American-style securitization and Japan's low-interest rates. Meanwhile, the U.S. sees a rise in private credit, invoking comparisons to past financial trends like subprime lending. Get a glimpse into the speculative nature of distressed asset investing, the role of leveraged ETFs, and how trading dynamics have shifted in today's markets. Engage with us in this exploration of the forces shaping the global economic outlook.The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions. Sign up to The Lead-Lag Report on Substack and get 30% off the annual subscription today by visiting http://theleadlag.report/leadlaglive. Foodies unite…with HowUdish!It's social media with a secret sauce: FOOD! The world's first network for food enthusiasts. HowUdish connects foodies across the world!Share kitchen tips and recipe hacks. Discover hidden gem food joints and street food. Find foodies like you, connect, chat and organize meet-ups!HowUdish makes it simple to connect through food anywhere in the world.So, how do YOU dish? Download HowUdish on the Apple App Store today:
The road to riches used to be paved with juicy IPOs. But that does not seem to be the case anymore. Today on the show, Katie Martin is joined by Craig Coben, a former global head of equity capital markets at Bank of America, and now a contributing writer for FT Alphaville. They discuss regulation and demand, and the growing role of private equity in corporate ownership. Also, they go short France and long melodic house music. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer.You can email Robert Armstrong and Katie Martin at unhedged@ft.com.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
How would you like a 265,528,900 per cent return on your investment? Would you be interested in that? If so, join us as Rob Armstrong and FT Alphaville's Robin Wigglesworth discuss the results of Professor Hendrik Bessembinder's massive number-crunching project, which ranks the best stocks of the past century. The number one performer is pretty incendiary. Also we short break dancing and go triple reverse long on single-stock ETFs. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedofferYou can email Robert Armstrong and Katie Martin at unhedged@ft.com.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Chinese authorities are demanding wealthy individuals and companies double-check their taxes for unpaid liabilities, and the largest US companies are facing two starkly different financial futures after the election. The UK Conservative party elects right-wing Kemi Badenoch as leader, and share prices of clean hydrogen companies have collapsed due to delayed projects and dwindling demand. Mentioned in this podcast:China piles pressure on rich people and companies to cough up taxes What's at stake in US election? $250bn in taxes for corporate AmericaKemi Badenoch wins Conservative party leadership race US and European hydrogen stock prices collapse as prospects deflate The FT Alphaville pub quiz returns to New York City this November The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Citadel, XTX and Jane Street have come to dominate trading on Wall Street, and not just in equities. They now run a huge proportion of trading in currency and bonds, something the banks used to own. But where did they come from, why have so few people heard of them, and how did they get so big? Today on the show, Katie Martin and Robin Wigglesworth discuss the massive growth in the algorithmic trading firms. Also, they go long honesty, and long the upcoming FT Alphaville pub quiz in New York. Read the FT's series about the new titans of Wall Street here. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedofferYou can email Robert Armstrong at robert.armstrong@ft.com and Katie Martin at katie.martin@ft.com. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
How would you like a 265,528,900 per cent return on your investment? Would you be interested in that? If so, join us as Rob Armstrong and FT Alphaville's Robin Wigglesworth discuss the results of Professor Hendrik Bessembinder's massive number-crunching project, which ranks the best stocks of the past century. The number one performer is pretty incendiary. Also we short break dancing and go triple reverse long on single-stock ETFs. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedofferYou can email Robert Armstrong at robert.armstrong@ft.com and Katie Martin at katie.martin@ft.com. Hosted on Acast. See acast.com/privacy for more information.
Three senior members of Iran's Revolutionary Guards were killed on Monday in an air strike, research institutes in the US and UK will work together to mitigate the risks of AI, and Robinhood gets into the credit card business.Mentioned in this podcast:Iran accuses Israel of killing general in strike on Damascus consulateUS and UK sign landmark agreement on testing safety of AI Beyond memes: Robinhood seeks to broaden its appealSign up for the FT Alphaville pub quiz!The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Zach St. Louis, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
How Much of the YPF Judgement Will Burford, Realistically, Recover? Burford Capital, a highly sophisticated litigation finance operation, has won an enormous judgment ($16 billion, where its share is upwards of $6 billion) against the Republic of Argentina. The question is how much of this judgment Burford is realistically likely to be able to collect on. Using a recent FT Alphaville article, “Dog Catches Argentine Car” by Jay Newman as our foil, we try to break down the likelihood of Burford getting a recovery. We think a significant recovery is plausible – particularly if the new administration in Argentina decides to default and renegotiate all of the myriad claims against it once and for all. Producer: Leanna Doty
Bonds started as a tool of the state, but quickly came to determine its fortunes. Today on the show, FT Alphaville editor Robin Wigglesworth joins us to talk about how bonds have overtaken banking as the engine of the economy, and why that might be good and why that might be dangerous. Also, we go short the soft landing and long Nintendo. Links:How bonds ate the entire financial systemFor a free 90-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedofferFollow Ethan Wu (@ethanywu) and Katie Martin (@katie_martin_fx) on Twitter. You can email Ethan at ethan.wu@ft.com.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Robin Wigglesworth, editor of FT Alphaville and author of Trillions, describes his career as “geeking out” on all things finance, writing to great depths on investing and markets. Hear how he connected with some of the greatest minds in finance to tell the origin story of index funds, his take on integrating corporate cultures through M&A, and what's next in the evolution of financial advice and incorporating AI. Trillions is included on Dimensional's 2023 Summer Reading List, which you can view here.
There is a bit of a general spoiler alert this week as Neil and Jonathan talk to Louis Ashworth, FT Alphaville's resident Succession expert about the TV melodrama. Does the financial side of the plotline make any sense? Should the family sell Waystar Royco to GoJo? How big are the children's stakes and what are they actually worth? Is Kendall a billionaire or a messy centimillionaire? There's also an unscheduled reference to Wolverhampton and Dudley Breweries.Presented by Jonathan Ford and Neil Collins.With Louis Ashworth.Produced and edited by Nick Hilton for Podot.In association with Briefcase.News Hosted on Acast. See acast.com/privacy for more information.
‘Over the past decade, about 80 cents of every dollar that has gone into the US investment industry has ended up at Vanguard, State Street, and BlackRock. As a result, the combined stake in S&P 500 companies held by the Big Three has quadrupled, from about 5 percent in 1998 to north of 20 percent today.' These are the opening lines to the book, Trillions, by Robin Wigglesworth, Editor of FT Alphaville and a friend of the show. Today, we further unpack the world of ETFs to understand their evolution, and how they are becoming a much broader wrapper for a multitude of strategies. Salim explains how CIOs, allocators, and individuals use their products to build portfolios and gain exposure to themes, strategies and markets. Salim then dispels some of the myths of fixed income investing, before explaining how investors can use technology to vote whilst also owning passive vehicles, and how savers in Europe are changing their habits. Sign up to our newsletter for more in-depth insights | Follow us on LinkedIn The Money Maze Podcast is kindly sponsored by Schroders, Bremont Watches, LiveTrade and Mintus.
Robin Wigglesworth is editor of FT Alphaville, the Financial Times' financial blog, where he focuses on the biggest trends reshaping markets, investing and finance across the world. Robin is also the author of a book called ‘Trillions – How a Band of Wall Street Renegades Invented The Index Fund and changed Finance Forever'. It's been described as the definitive book on the past, present and future of passive investing. Trillions is a riveting read for anyone interested in the story of index funds, which is a topic I've discussed with several guests on the podcast over the years. Robin describes the index funds as one of the most disruptive inventions in the history of investing and he joined me on the podcast to explain why, with humorous anecdotes and stories, including Warren Buffet's famous bet against any active manager to beat the index over a 10 year period. We also chat about a concept known as index hugging or closet indexing, different types of index funds available, where Robin shares the story of value stocks, and how building a judicious portfolio can help make for a successful investment experience. Oh, and Robin shares the secret of FT Alphaville's success (it's free!).
On today's CoinMarketRecap with Connor Sephton, we're live from The Netherlands! We've got all of the highlights from day two of Bitcoin Amsterdam — the biggest Bitcoin conference in Europe. Today, we talk to former Brexit Party leader Nigel Farage about why he supports Bitcoin, his fears over central bank digital currencies, and why he's talking about BTC on the British TV channel GB News. Plus, after a heated debate over Bitcoin's media problem, former FT Alphaville editor Izabella Kaminska joins us to discuss whether news outlets are doing a good job covering crypto. You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.
Is the Bottom Falling Out of the EM Sovereign Debt Market? The dollar is rising in value; interest rates are rising, borrowing costs for EM sovereigns are rising, and energy prices are rising. And then there is the continuing horrific war in Ukraine. Does this all, put together, spell disaster for the EM sovereign debt market? Alexandra Scaggs of FT Alphaville, one of our favorite financial reporters and someone who has always been able to see the big picture better than we have, joins us to talk about the state of things. Producer: Leanna Doty
On todays episode I was happy to host Izebella Kaminska, Founder and Editor of @The Blind Spot , a new media venture that aims to shine a light on stories being missed by the wider journalistic pack, to talk about On the podcast we talked about Izabella's background in journalism, the importance of challenging investment norms and what stories Izabella believes should be talked about more. I hope you enjoy!0:00 - Introductions0:20 - Izabella background2:40 - Positives of independence4:45 - What are peoples motives?8:15 - extremes coming to the forefront11:20 - Specific article that were not being covered?19:35 - Questioning investing and FED rhetoric28:05 - Finance news pieces that should be covered more by mainstream media? 34:15 - Nuclear39:10 - Message to take away from the interview?Izabella is an alumni of the Financial Times, where she spent 13 years in reporting roles, most recently as the editor of FT Alphaville, the Financial Times' award-winning markets and finance blog. Izabella was also an FT columnist and opinion writer focused on tech, finance and markets. Izabella started her journalistic career in 2001 as a junior reporter for the English-language newspaper the Warsaw Business Journal. She later spent time in the former Soviet Republic at the Caspian Business News, which took her to Azerbaijan and Georgia. In 2003 she reported as a freelancer from Kabul, Afghanistan, before joining BP as an Associate Editor of the company's internal magazine Horizon in 2004.After completing the 2005 Reuters graduate trainee programme, Izabella joined Platts to focus on the reporting of European natural gas markets. She then went on to become a senior producer at CNBC in London, producing the channel's flag-ship programme Squawk Box. With the The Blind Spot Izabella is initiating a two-part plan to try and help reconfigure how journalistic information is organised on the internet. The Blind Spot - WebsiteYouTubeTwitterDiscordIzabella Kaminska - TwitterLinkedInWTFinance - WebsiteSpotifyiTunesLinkedInTwitter
In this episode, Anthony is joined by venture capital pioneer, Alan Patricof, to discuss his new book No Red Lights: Reflections on Life, 50 Years in Venture Capital, and Never Driving Alone. The book offers a behind-the-scenes look at the past fifty years of the industry, detailing Alan's legendary life and career, from growing up on the Upper West Side in Manhattan to buying stock in Apple when its market valuation was only $60 million, and founding New York Magazine.Next, Philip Palumbo, founder, CEO and chief investment officer of Palumbo Wealth Management talks with Anthony about making the leap from being a financial advisor to starting his own company, and why people have to take the jump and “believe in themselves.” They then move on to discuss the impact of the war in Ukraine, Russian sanctions and high inflation on the markets, and why there's a time and place to look sharp! Finally, Anthony speaks with Robin Wigglesworth, editor of FT Alphaville, about his new book Trillions: How a Band of Wall Street Renegades Invented the Index Fund and Changed Finance Forever. Robin discusses the past, present and future of index funds and the impact passive investing has had on markets around the world. He then offers his view on cryptocurrencies and predicts some of the long-term financial effects of the Russia-Ukraine conflict.Follow our guests on Twitter: https://twitter.com/alanjpatricof https://twitter.com/PGPalumbo https://twitter.com/RobinWigg Subscribe on YouTube: //bit.ly/3ICdZXx Follow us:https://twitter.com/moochfm https://twitter.com/scaramucci Sign up for our newsletter at:www.mooch.fm Created & produced by Podcast Partners:www.podcastpartners.com
We're nearly one month into Russia's war against Ukraine. Officials from Moscow and Kyiv have met intermittently for peace talks that have so far failed to bring a cessation of hostilities. Geopolitical tensions are once again showing up in energy markets. Several European Union member states are pushing for a fifth round of sanctions on Russia. Cutting off Russian crude would theoretically take 4% to 5% of global supply off the market. Meanwhile, Saudi Arabia, under increasing pressure to ramp up its output, is calling on Western allies to do more to help counter attacks by Iran-backed Yemeni Houthis on critical oil infrastructure. Investors are also weighing a rise in COVID-19 cases in Europe stemming from an emerging variant. Izabella Kaminska, former editor of The Financial Times' FT Alphaville blog and founder of The Blind Spot, joins Emil Kalinowski to discuss the latest geopolitical and financial headlines, with a focus on media and propaganda surrounding the war in Eastern Europe. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3Jww8pv Learn more about your ad choices. Visit megaphone.fm/adchoices
Cryptocurrency has been seeping into the financial mainstream. If you are a brave soul, you can buy shares in crypto exchanges or Exchange Traded Funds. But what's the point of crypto beyond blind speculation? Neil and Jonathan sat down with FT Alphaville's Izzy Kaminska to talk tokens and grapple with the blockchain. Hosted on Acast. See acast.com/privacy for more information.
Jamie Powell writes for FT Alphaville. He previously worked at education start-up Twig Education. Twitter: @ajb_powell Website: https://www.ft.com/stream/e3a19220-5f15-4a13-b5f4-14c1029570fb?page=1 ABOUT THE PODCAST Hi, I'm Tobias Carlisle. I've launched a new podcast called The Acquirers Podcast. The podcast is about finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations. We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success. SEE LATEST EPISODES https://acquirersmultiple.com/podcast/ SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/ FOLLOW TOBIAS Firm: https://acquirersfunds.com/ Website: https://acquirersmultiple.com/ Twitter: https://twitter.com/Greenbackd LinkedIn: https://www.linkedin.com/in/tobycarlisle Facebook: https://www.facebook.com/tobiascarlisle Instagram: https://www.instagram.com/tobias_carlisle ABOUT TOBIAS CARLISLE Tobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, bus
Jamie Powell joins us this week to discuss frauds, bubbles, and meme stocks. Jamie works at FT Alphaville and shares how he got there. Listen in after the interview to hear Brett and Ryan discuss their favorite stories including Netflix and Spotify. Let's go! Subscribe to 7 Investing with the code "CCM": https://7investing.com/subscribe/ Follow Jamie Powell on Twitter: https://twitter.com/ajb_powell?s=20 Email Jamie Powell: jamie.powell@ft.com Subscribe to our YouTube channel: https://www.youtube.com/c/ChitChatMoney Follow us on Twitter: https://twitter.com/chitchatmoney Visit our website to see more from your hosts Ryan and Brett: https://www.chitchatmoney.com Email us: chitchatmoneypodcast@gmail.com Timestamps Interview | (2:28) Interview Continued | (19:00) Show Notes | (50:12) Disclosure: Chit Chat Money hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation. Brett Schafer and Ryan Henderson are general partners and portfolio managers at Arch Capital. Arch Capital and its partners may hold securities discussed on this show. Learn more about your ad choices. Visit megaphone.fm/adchoices
Today, we have a special podcast episode, which is all about Bitcoin, discussing topics like: should every investor have some exposure to Bitcoin or is it still too volatile? What’s its intrinsic value anyway? And is Bitcoin a sustainable investment when it consumes more electricity than Argentina? We hosted four excellent guests: Izabella Kaminska, FT Alphaville editor at the Financial Times; Preston Byrne, partner at Anderson Kill; Nic Carter, partner at Castle Island Ventures; and Seamus Donoghue, VP Strategic Alliances at METACO.
State Guarantees That Bite One in the Backside Our guest is legendary financial reporter, Joseph Cotterill, who famously chronicled the Pari Passu Saga for FT Alphaville in a previous incarnation. Joseph is now the Africa correspondent for the FT and we ask him about the corruption infused Tuna Bonds of Mozambique and South Africa's tottering utility giant Eskom. In both situations, the largely unexamined problem of off balance sheet state borrowing via guarantees seems to have played a key role in the creation of the debt problems these countries face. Producer: Leanna Doty
FT Alphaville editor Izabella Kaminska and Citi exec Tony McGlaughlin warn that central bank digital currencies could have unpleasant consequences for banking, lending and the balance of power in the monetary system. Learn more about your ad choices. Visit megaphone.fm/adchoices
FT Alphaville editor Izabella Kaminska and Citi exec Tony McGlaughlin warn that central bank digital currencies could have unpleasant consequences for banking, lending and the balance of power in the monetary system. Learn more about your ad choices. Visit megaphone.fm/adchoices
Episode 4 with the incredible demystifying powers of Andres Anauz, Educating us on how the global money flow works, what affect using the dollar as their primary currency has on emerging countries like Ecuador and specifically learning about the IMF's ability to generate SDRs. Check out the following links for more info, some of which are referred to in the episode! - Andres Decode talk : 58minutes in https://vimeo.com/showcase/6700449/video/383792642 - FT Alphaville piece : https://ftalphaville.ft.com/2020/03/13/1584100656000/Time-for-an-SDR-injection-/ - The Nation piece https://www.thenation.com/article/economy/economy-fed-imf/ - El Diario piece https://www.eldiario.es/murcia/murcia_y_aparte/Farma-colonialismo-triaje-monetario_6_1010058987.html - CEPR article https://cepr.net/press-release/g20-should-call-for-imf-to-issue-3-trillion-sdrs-cepr-economists-say/ - Real News Network piece https://therealnews.com/stories/imf-global-south-cope-economic-crisis-coronavirus If you want to connect with the Corcovado community email team@corcova.do or join us on http://corcovado.mn.co To find dave go to youtube.com/daveerasmus or twitter.com/daveerasmus for speaking or podcast requests please email hello@daveerasmus.com
Our guest, Alexandra Scaggs, is a senior writer at Barron’s, where she covers markets and fixed income. The episode begins as an interview about financial journalism and dealing head-on with the neoliberal economic narrative, but evolves into a conversation that is both personal and political in which she and Steve share their experiences with everything from sobriety to learning about MMT. As Alexandra tells it, news organizations maintain the mainstream narrative through ways both subtle and direct. In her career, she hasn’t faced overt censorship. Financial publications often hire young journalists who don’t yet have a sophisticated understanding of functional finance or economics. They tend to respect credentials and positions of authority, thus are likely to accept the word of those in positions of power. Reporters are also dealing with deadlines, leaving them no time to investigate other explanations. Austerity begets austerity; the publication doesn’t hire enough journalists, so each of them are doing the work of several. Sounds like the conditions most workers face, doesn’t it? Steve likes to ask his guests about the “aha moment” -- that point in time when the veil was lifted, the haze cleared, and Modern Monetary Theory pointed them toward the truth. Alexandra remembers that shortly after the 2016 election there were a number of Democrats writing op-eds that sounded the alarm about the economic devastation that the Drumpf presidency would surely cause, driving our fiscal health into the ground, plunging the US into bankruptcy. She was struck by the disingenuousness of it. The political parties don and remove their cloak of fiscal responsibility depending on whose team is in power. She had also been aware that interest rates continue to be low regardless of the size of national debt or deficit. Alexandra credits friend-of-the-podcast Rohan Grey with teaching her about MMT. She was covering the treasury market where certain facts weren’t making sense. She met Rohan, “a very effective advocate, who sat me down and shouted at me until I understood it,” she says, “and I’m so glad he did.” The scarcity mindset pits us against each other in a zero-sum game. If the pie is small, we must scratch and scramble to secure our own little slice. With everyone competing for scraps there's little time to think of an alternative and yet Alexandra’s experience in the recovery community inspires her to imagine a broader collaboration that rejects the neoliberal imperative. She believes we can construct an economic reality in which all are valued and her optimism, in turn, inspires us. Alexandra Scaggs is a senior writer at Barron's covering markets, with a focus on fixed income. She previously wrote news and commentary about markets, the economy, and social issues for the Financial Times and FT Alphaville. Before that, she covered markets for Bloomberg and The Wall Street Journal. https://www.barrons.com/authors/8576 @alexandrascaggs on Twitter
Izabella Kaminska, editor of FT Alphaville, joins the Slate Money hosts from London to discuss Brexit Day, ESG (environmental, social and governance) and LIBOR (London InterBank Offered Rate). Plus: An extra long Brexit segment. Podcast production by Jessamine Molli. Learn more about your ad choices. Visit megaphone.fm/adchoices
Izabella Kaminska, editor of FT Alphaville, joins the Slate Money hosts from London to discuss Brexit Day, ESG (environmental, social and governance) and LIBOR (London InterBank Offered Rate). Plus: An extra long Brexit segment. Podcast production by Jessamine Molli. Learn more about your ad choices. Visit megaphone.fm/adchoices
The work world is reawakening this week. Senior folks are back from vacation, summer is unofficially over, and the subtle angst of annual goal-setting is suddenly echoing in the streets.Why? Almost everyone who makes investment decisions for a living would say their efforts are in service to some kind of strategy. But what does that even mean? To keep first principles in the foreground, Ashby and I decided we’d better talk through the basics and then apply them to a case study. Specifically: Let’s say the United States actually buys Greenland. FT Alphaville determined that Greenland is worth about $1 trillion on a tongue-in-the-cheek basis, which is nothing if not a lot of money. Where would you deposit the check? And what’s next once you’ve done that? The resulting institution — let’s call it the Greenland Permanent Fund Corporation (GPFC)— would instantly be one of the most influential investors on the planet. We explored a couple of big strategic questions in our discussion: Which core attributes should GPFC center in its culture?How can GPFC keep its staff concentrated its staff on super long-term objectives? If the fund’s mandate was to stave off future climate change, how would its staff go about aligning this investment organization with the task at hand? Give it a listen! You’ll literally get Free Money delivered right into your ears. If you’re into that sort of thing, you should also check out our last episode. We asked what you’ve all wondered: Is there more to life than creating shareholder value? Forward-looking folks have already ensured they don’t miss the next one. If you’d like to join their number, just click below. More recently, we also talked about how to align capitalism with human survival on earth, Sabermetrics, startup founders who don’t realize gravity applies to them, and forthcoming merch. And as always, we took some great questions from listeners: I just started a new job at a well known consulting firm, and worry after listening to your podcast about first fund rules that I'll inevitably become part of "the problem." Am I foolish to think I can build a better system from inside the one we have?My daughter just signed up for a weekend investment strategy seminar after listening to a radio ad. She paid $99, and is excited to begin investing actively. I believe in her, but is investing really simple enough to learn over two days?I've built a small, but strong circle of femme entrepreneurs in my city. We gather together to work through each other's problems and pair off to hold each other accountable. But that's all, and I worry that our organizing is too instinctual. Is it wrong to build community without a strategy in mind?Love you lots, thanks for listening! Sloane Get on the email list at freemoney.substack.com
HodlCast Episode 83 features Izabella Kaminska, the Editor of the Financial Times’ Alphaville blog. We discussed one of Izabella's recent articles: https://ftalphaville.ft.com/2019/07/03/1562126415000/Why-dealing-with-fintechs-is-a-bit-like-dealing-with-pirates/ During the podcast we discussed the history of money, the BIS, the central banking system, shadow banking, emerging technology like Alipay, wechat, and cryptocurrencies. We also discussed the possible ramifications of Facebook's Libra project. Izabella Kaminska is the editor of FT Alphaville. She joined FT Alphaville in October 2008, which was, perhaps, the best time in the world to become a financial blogger. (Added bonus: there was a free breakfast trolly.) Before that she worked as a producer at CNBC, a natural gas reporter at Platts and an associate editor of BP’s internal magazine. She has also worked as a reporter on English language business papers in Poland and Azerbaijan and was a Reuters graduate trainee in 2004. Everything she knows about economics stems from a childhood fascination with ancient economies, specifically the agrarian land reforms of the early Roman republic and the coinage and price stability reforms of late Roman emperors. Her favourite emperor is one Gaius Aurelius Valerius Diocletian. She studied Ancient History at UCL and has a masters in Journalism from what was then the London College of Printing. And yes, she is also a second-generation West London Pole (who likes mushroom picking, bigos and pierogi). izabella.kaminska@ft.com @izakaminska
No matter what the British Parliament decides, for almost three years the UK, Ireland and the EU have been dealing with the reality of the Leave vote. Positions have hardened, investments have been foregone, and all the countries involved have become different places, in ways that cannot be undone. Brendan Greeley of FT Alphaville and Mark Blyth of the Rhodes Center at Brown discuss consequences with Stephen Kinsella, economist at the University of Limerick and Megan Greene, chief economist at Manulife Asset Management. See acast.com/privacy for privacy and opt-out information.
The economist and president of the Peterson Institute for International Economics joins FT Alphaville’s Colby Smith and Brown University’s Mark Blyth to discuss the politicking of central banking, the hurdles to finding a US-China trade war resolution and how China can manage the financial risks building in its economy. They also touch on the enduring power of the dollar and US markets. Colby Smith is a writer for FT Alphaville and Mark Blyth is the director of the William Rhodes Center for International Economics and Finance at the Watson Institute at Brown University. See acast.com/privacy for privacy and opt-out information.
The biggest Bitcoin crash in over 2 years has come and gone—and we still don't totally understand what happened. We talk hodling, panic selling, and why each successive crash in your own crypto history is easier (and funnier?) than the last with professional poker player and actor Doug Kim. @SweetJustice Just Doug on Facebook Watch 6:54 @Matthew_D_Green 27:27 Zoin (ZOI) 28:34 "A Theory About the Recent Crypto Price Plunge" (Matthew C. Klein, FT Alphaville) 36:11 Storm (Storm) & BLOCKv (VEE) 40:50 "Just Doug is one of the few good Facebook Watch series in a sea of clickbait" (Shannon Liao, The Verge)
Introducing COIN TALK —a new show for crypto-noobs. An overview of the show, plus a bonus chat about Ripple mania, how Aaron became a Sumokoin ($SUMO) baron, and why Jay draws no distinction between altcoin buying and sports gambling. READ THE FULL TRANSCRIPT HERE Show Notes 9:30 This Cryptocurrency Inventor Has Suddenly Become One of the World's Richest Men (Time) 9:48 Meet The Crypto Billionaires Getting Rich From Ripple's XRP (Laura Shin, Forbes) 9:55 @NathanielPopper: On the rise of Ripple. If this is a tulip fever, the fever has spread to chrysanthemums and poppies. (thread) 12:00 The Ripple Effect (Izabella Kaminska, FT Alphaville) 21:41 Sumokoin (SUMO) 23:00 HQ Trivia 33:00 I See You, $XRP (@TwoBitIdiot, Medium)
In this episode: David and Simon are joined by the FT Alphaville's Kadhim Shubber, Fidor's Sophie Guibaud and Pete Townsend of Norio Ventures to discuss the top news stories of the last week. First up we discuss THAT Apple launch, how Apple's P2P capabilities are a little underwhelming, how Venmo's attempt to fight back against Apple Pay involves a very ugly debit card, and sticking with the theme we discuss Zelle's P2P mobile payments app that recently launched and what it means when banks club together to innovate. They also discuss whether fintech really is the fastest growing industry in the US, what it means for Jamie Dimon to slam bitcoin, is he just wrong or is it a distraction to cover up something else? Finally, they take on Monzo letting their customers decide fees for using ATMs abroad, whether 30% of bank jobs will be gone in 5 years as the CEO of Pandit claimed, and ANZ's restructuring to create 150 "startups", it sounds like nonsense but are they the first traditional bank to really understand how to be agile? Also on the show we have an exclusive interview with digital receipting startup Flux alongside Megan Cawood of Starling, all about their recent partnership and launch on Starling's Marketplace. Enjoy the show! Spread the word, tell your friends and don't forget to leave us a review on iTunes! If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders. Special Guests: Kadhim Shubber, Matty Cusden-Ross, Megan Caywood, Pete Townsend, Sophie Guibaud, and Veronique Barbosa.
Matt Klein is a columnist for the Financial Times and blogger at FT Alphaville. Today, he joins the show to discuss his work on the Eurozone, optimal currency areas, and safe assets. David and Matt examine the monetary policy problems and debt burdens facing the Eurozone area and Greece, in particular. They also chat about the possibility of the United States becoming less of an optimal currency, which would make Fed policy more challenging. David’s blog: http://macromarketmusings.blogspot.com/ Matt Klein’s bio: https://ftalphaville.ft.com/meet-the-team#matthew-c-klein David’s Twitter: @DavidBeckworth Matt Klein’s Twitter: @M_C_Klein Related links: “Is the United States Becoming Less of an Optimal Currency Area?” by David Beckworth http://macromarketmusings.blogspot.com/2017/05/is-united-states-becoming-less-of.html “Will Nevada Ever Recover from the Housing Boom?” by Matt Klein https://ftalphaville.ft.com/2017/03/06/2185515/will-nevada-ever-recover-from-the-housing-bust/ “The IMF Implies Greece Should Have Left the Euro Long Ago” by Matt Klein https://ftalphaville.ft.com/2017/02/07/2184043/the-imf-implies-greece-should-have-the-left-the-euro-long-ago/
Liebe Hörerinnen, Liebe Hörer, die Mikroökonomen sind ein unabhängiger Podcast über Wirtschaft, der, wenn die Zeit vorhanden ist, bemüht ist die Themen auszurecherchieren. Wir wollen keine Werbung machen und dauerhaft ein unabhängiges Informationsangebot aufbauen, dass die Dinge anders macht. Möglich wird dies erst durch Euch. Vielen Dank dafür! http://mikrooekonomen.de/unterstuetzung/ *** Marco fragt das ZDF - Was denn wohl die Anfragen der besorgten bis wütenden Bürger das ZDF kosten mögen? *** Inflationsdesaster ... - Kaum taucht das Inflationsgespenst schemenhaft wieder auf, muss man sie anrufen: Die Inflationsghostbuster! (oder man bleibt einfach cool ...; unser Tipp!) - Makronom: Die Inflations-Ghostbuster sind zurück *** Brexometer - FT: Running commentary on the pound: presenting the ‘Brexometer’ (leider nur ein Link hinter der Paywall ...) -FT Alphaville (registration required, aber kostenlos): This exists *** Der chinesische Elefant - Auch China verbietet Ende 2017 Elfenbeinhandel NYT: China Joins the Fight to Save - Elephants Thailand "wäscht" illegales Elfenbein WWF: Elfenbeinhandel in Asien - Geparden ebenfalls stark bedroht Zeit: Der schnellste Jäger der Erde droht auszusterben *** Brewdog - Craftbrauerei Brewdog - Roulette für Anleger - Die Aktien sollten übrigens 47,50$ kosten, nicht 17$ (oder so), wie ich es im Kopf hatte. - Brewdog Homepage - Die 215 Brewdog Rezepte *** Feedback - Korrekturen Bitcoin - Zu Mikro030 - Ergänzung: Das hohe Bitcoin-Handelsvolumen in China gilt in der Community als Fake-Volumen, wir verstehen allerdings nicht genau, warum dieses Volumen entsteht (Arbitrage?) - Korrektur: Von der Angebotsseite her gibt es keinen Regelmechanismus im Bitcoin-Algorithmus, der versucht, steigende Preise durch steigendes Angebot auszugleichen (ich sage einmal "Geldzufluss, wie ihn die Bitcoins in den letzten Monaten erlebt haben, wird über die Nachfrageseite nie ausgeglichen werden." Gemeint ist natürlich "Angebotsseite" und genau gemeint ist "durch mehr und schneller erzeugte neue Bitcoins"). - Ergänzung: Starke Kursschwanken bei Bitcoins sind für den Händler kein Problem, weil Händler über Dienstleister eigentlich nie Bitcoins annehmen, sondern der Dienstleister die Bitcoins sofort wieder als "normale" Währung wie den Euro gut schreiben. - Ich schweife ab: (Derivate-)Clearinghaus DTCC will auf Blockchain-Technologie setzen ... Inside-it: Blockchain soll der Wall Street Kosten im Derivate-Handel sparen *** Bier - Marco: Fuller's Vintage Ale 2016 - Ich passe ... - FAZ Bog Reinheitsgebot: Klares Bier verdirbt das Reinheitsgebot *** Pick - Ulrich: FG032 Hochschule und Zivilgesellschaft. Interessant, wie der BWL-Lehrstuhl die Theorie im Studium und die Praxis "Obdachlosenzeitung" aufeinanderprallen lässt. - Marco: Wikipedia: Walter Lippmann: Die öffentliche Meinung. Am Ende auch Links zum kostenlosen Download dieses Buchs von 1922. *** Bye Intro-Music: Title: “Femme Fatale: 30a”; Composer: Jack Waldenmaier; Publisher: Music Bakery Publishing (BMI)
And now for part 2 of our 2016 FinTech Review — What a Crazy Ass Hear This Has Been. We discuss Pokémon (remember that?), the UK ringing in a new Prime Minister, the US electing Donald Trump as President, the Wells Fargo scandal, Facebook payments, China, and, of course, us starting the FinTech Insider podcast! Plus lots more. Sit back and enjoy our review of the major trends that shaped financial services for the second half of the year. We're once again joined by: David Birch, Director of Innovation, Consult Hyperion @dgwbirch Izabella Kaminska, FT Alphaville blogger @izakaminska Ben Brabyn, Chief Executive, Investor, Advisor, Level39 @BenBrabyn Thanks for listening! If you like what you heard, subscribe to our podcast, review us on iTunes–we love reading those reviews!!–and befriend us on Facebook and/or Twitter. The post Ep133 – 2016 FinTech Review – What a Crazy Ass Year Part 2 appeared first on 11FS. The post Ep133 – 2016 FinTech Review – What a Crazy Ass Year Part 2 appeared first on 11:FS.
And now for part 2 of our 2016 FinTech Review — What a Crazy Ass Hear This Has Been. We discuss Pokémon (remember that?), the UK ringing in a new Prime Minister, the US electing Donald Trump as President, the Wells Fargo scandal, Facebook payments, China, and, of course, us starting the FinTech Insider podcast! Plus lots more. Sit back and enjoy our review of the major trends that shaped financial services for the second half of the year. We’re once again joined by: David Birch, Director of Innovation, Consult Hyperion @dgwbirch Izabella Kaminska, FT Alphaville blogger @izakaminska Ben Brabyn, Chief Executive, Investor, Advisor, Level39 @BenBrabyn Thanks for listening! If you like what you heard, subscribe to our podcast, review us on iTunes–we love reading those reviews!!–and befriend us on Facebook and/or Twitter. The post Ep133 – 2016 FinTech Review – What a Crazy Ass Year Part 2 appeared first on 11FS. The post Ep133 – 2016 FinTech Review – What a Crazy Ass Year Part 2 appeared first on 11:FS.
You've had your holiday meals, now it's time to digest 2016. What a crazy ass year this has been. Brexit. President Trump. Chatbots and fake news. Wells Fargo scandal. Hacks taking down elections and ecommerce. China becoming a fintech star. PSD II and the promise of APIs. So much happened in 2016, we're splitting our review into two parts. Today, you'll get a whistle stop tour of the major trends that shaped financial services for the first half of the year. We're joined by: David Birch, Director of Innovation, Consult Hyperion @dgwbirch Izabella Kaminska, FT Alphaville blogger @izakaminska Ben Brabyn, Chief Executive, Investor, Advisor, Level39 @BenBrabyn Thanks for listening! If you like what you heard, subscribe to our podcast, review us on iTunes–we love reading those reviews!!–and befriend us on Facebook and/or Twitter. The post Ep132 – 2016 FinTech Review – What a Crazy Ass Year Part 1 appeared first on 11FS. The post Ep132 – 2016 FinTech Review – What a Crazy Ass Year Part 1 appeared first on 11:FS.
You’ve had your holiday meals, now it’s time to digest 2016. What a crazy ass year this has been. Brexit. President Trump. Chatbots and fake news. Wells Fargo scandal. Hacks taking down elections and ecommerce. China becoming a fintech star. PSD II and the promise of APIs. So much happened in 2016, we’re splitting our review into two parts. Today, you’ll get a whistle stop tour of the major trends that shaped financial services for the first half of the year. We’re joined by: David Birch, Director of Innovation, Consult Hyperion @dgwbirch Izabella Kaminska, FT Alphaville blogger @izakaminska Ben Brabyn, Chief Executive, Investor, Advisor, Level39 @BenBrabyn Thanks for listening! If you like what you heard, subscribe to our podcast, review us on iTunes–we love reading those reviews!!–and befriend us on Facebook and/or Twitter. The post Ep132 – 2016 FinTech Review – What a Crazy Ass Year Part 1 appeared first on 11FS. The post Ep132 – 2016 FinTech Review – What a Crazy Ass Year Part 1 appeared first on 11:FS.
Izabella Kaminska is a writer for the Financial Times at its premier blog, FT Alphaville. She joins the show to discuss her work on blockchain technology as well as current proposals on monetary and fiscal policy. Finally, Izabella and David, who are both big sci-fi fans, talk about economics in the Star Trek and Star Wars sagas. David’s Twitter: @DavidBeckworth Izabella Kaminska’s Twitter: @izakaminska David’s blog: http://macromarketmusings.blogspot.com/ Izabella Kaminska’s FT bio and archive: http://ftalphaville.ft.com/meet-the-team/izabella-kaminska/ Related links: “You see, money doesn’t exist in the 24th century” – Izabella Kaminska http://ftalphaville.ft.com/2015/10/12/2142030/you-see-money-doesnt-exist-in-the-24th-century/ Even lower rates? “Thanks but no thanks” say banks everywhere – Izabella Kaminska http://ftalphaville.ft.com/2016/07/11/2168870/even-lower-rates-thanks-but-no-thanks-say-banks-everywhere/ Trekonomics: The Economics of Star Trek – Manu Saadia https://www.amazon.com/Trekonomics-Economics-Star-Manu-Saadia/dp/1941758754 It’s a Trap: Emperor Palpatine’s Poison Pill – Zachary Feinstein https://arxiv.org/pdf/1511.09054.pdf
FT Alphaville writers Cardiff Garcia and Matt Klein discuss the latest US employment report, what it says about the economy, and how it might affect Federal Reserve policy. See acast.com/privacy for privacy and opt-out information.
Check your mental picture of Cuba at the door. The island nation stands to benefit from its improving relations with the U.S., but the country still have plenty of problems that will need to be addressed. Cardiff Garcia, U.S. editor of FT Alphaville, joins to talk about the economic challenges as well as the on-the-ground realities that Cuba must face.
On this week’s episode of Slate Money, data scientist Cathy O’Neil of mathbabe.org and Slate's Moneybox columnist Jordan Weissmann welcome special guest Cardiff Garcia of the blog FT Alphaville to discuss the criminal guilt of the banks, the reality of the Cuban economy and the fight over the trade deal none of us can read. Slate Money is sponsored by Dropbox, trusted by people in over 4 million businesses worldwide to keep their files safe, synced, and easy to share with anyone. Try Dropbox for Business free for 14 days at dropbox.com/business And by Quickbooks. If you work for yourself, try QuickBooks Self-Employed. It helps separate your business and personal expenses, estimate your federal quarterly taxes and more. See what QuickBooks Self-Employed can do for you with a free thirty-day trial at tryselfemployed.com/money. And by Ziprecruiter. Find the perfect candidate easily by posting to more than 100 job boards at once. Try ZipRecruiter for free by going to ziprecruiter.com/slatemoney. Check out other Panoply podcasts at itunes.com/panoply. Learn more about your ad choices. Visit megaphone.fm/adchoices
The FT Alphaville team reviews the key stories of the year, from the Russia crisis and the oil crash, to the company known as Quindell and the rise of secular stagnation theory. See acast.com/privacy for privacy and opt-out information.
In this episode of FT Alphaville's semi-frequent podcast, Cardiff Garcia hosts Diane Coyle and Tyler Cowen to discuss their economics books of the year. See acast.com/privacy for privacy and opt-out information.
In this episode of FT Alphaville's semi-frequent podcast, Cardiff Garcia hosts Diane Coyle and Tyler Cowen to discuss their economics books of the year. See acast.com/privacy for privacy and opt-out information.
In this episode of FT Alphaville's bizarrely regular podcast, Cardiff Garcia and Izabella Kaminska are joined by Manmohan Singh, a senior economist and collateral specialist at the IMF. See acast.com/privacy for privacy and opt-out information.
FT Alphaville's frankly frequent podcast continues with another look at Abenomics. This episode features Alphaville's Cardiff Garcia and Izabella Kaminska alongside guest Noah Smith. See acast.com/privacy for privacy and opt-out information.
FT capital markets correspondent Robin Wigglesworth and FT Alphaville reporter Joseph Cotterill talk to Lee Buchheit, Cleary Gottlieb lawyer and sovereign debt restructuring expert. See acast.com/privacy for privacy and opt-out information.
Nikolaos Panigirtzoglou from JPMorgan's Flows & Liquidity team joins David Keohane of FT Alphaville to look at the consequences of the dollar's strength, how the size of the ECB's balance sheet affects the single currency and whether the halt in the yen's slide can be attributed to foreign investors while domestic investors wait for the expectation of Abenomics to turn into reality. See acast.com/privacy for privacy and opt-out information.
FT Alphaville hosts a free-wheeling podcast to discuss currency wars, debt monetisation, the G20, mobile payments, and US immigration. They also answer readers' questions. Featuring turns by Lisa Pollack, Izzy Kaminska, David Keohane, Joseph Cotterill and Cardiff Garcia See acast.com/privacy for privacy and opt-out information.
David Keohane and Izabella Kaminska are joined for FT Alphaville’s Christmas podcast by Dylan Grice, until recently part of Société Générale’s global strategy team, to discuss the economy in 2013, robots, patents, inflation and, perhaps most importantly, the difference between a Star Trek and a Star Wars economy. See acast.com/privacy for privacy and opt-out information.
Jan Hatzius, the chief US economist for Goldman Sachs, explains to FT Alphaville’s Cardiff Garcia why he expects US growth to slow in the first half of 2012. Mr Hatzius says the US economy is particularly vulnerable to European banks with significant US holdings. See acast.com/privacy for privacy and opt-out information.