Podcasts about gdp

The US economy depends more and more on enormous bubbles in the stock market and AI. The 10% of richest Americans drive half of all spending, while the real economy in many states is in recession. If the bubble pops, it could cause a severe crisis. Political economist Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=rXCVrLPTUHQ Topics 0:00 Economy divided between rich & everyone else 1:36 Many US states already in recession 3:11 Biggest stock market bubble in history 5:31 90% of stocks owned by 10% richest Americans 7:23 Magnificent Seven (Mag7) Big Tech stocks 9:07 Ten Titans Big Tech stocks 9:58 AI bubble 11:46 (CLIP) Jeff Bezos: AI is in "good bubble" 13:26 95% of AI pilot programs fail 13:55 Investors keep buying overvalued stocks 15:12 Markets can remain irrational 15:26 Irrational exuberance 15:50 Dot-com bubble 16:28 US share of global stock markets 17:28 US vs Chinese tech company revenue 18:24 Tesla vs global automotive industry 20:49 Top 10 US stocks: 16% global market cap 21:07 Recession 22:23 Stagflation 23:04 AI capex contribution to US GDP growth 25:07 AI is eating the economy 26:01 AI drives up electricity bills 26:50 Trump shuts down renewable energy 27:42 AI adds more to GDP than shopping 28:49 US job growth collapses 32:13 Bifurcated economy 33:01 Outro

In this episode of The Daily Windup, we dig into one of the biggest myths floating around right now — that the U.S. economy has somehow become recession-proof. Despite headlines saying everything's fine, the hard data tells a different story: real GDP has dropped in two of the last three months, growth has fallen from 3.2% to just 1.3%, and both soft and hard data are flashing warning signs. Yet, the market's still acting like the party never ends. We break down what the Fed's Beige Book reveals, why the numbers don't lie, and what every business owner and government contractor should be preparing for right now. Key Takeaways: GDP growth has fallen from 3.2% to 1.3%, showing the economy is slowing — not stabilizing. Soft data is finally morphing into hard data weakness, signaling a potential recession ahead. The Fed's Beige Book is a must-read for anyone tracking real economic health across sectors. Learn more: https://federalhelpcenter.com/ https://govcongiants.org/ 

Welcome back to Mining Stock Daily, as Trevor Hall sits down with Michael Howell of Crossborder Capital, famously known as the "king of liquidity," for an intense discussion on the escalating global "Capital War". This conflict is defined not by kinetic action, but by the fight for currency dominance, where the immense movement of capital around the world vastly outweighs traditional trade flows. Howell explains China's longstanding policy to replace the dominance of the US dollar through various strategies, notably the aggressive accumulation of gold, which aims to provide confidence and stability to their developing system. The US system faces challenges from an exploding structural deficit that could push the debt-to-GDP ratio to 250% by 2050, a fiscal trajectory that Howell projects could lead to a gold price of $25,000 per ounce. Crucially, both the US and China are engaging in debt monetization through massive liquidity injections—a process that both major world engines are using to finance spending and which historically leads to the devaluation of paper money against gold. Looking ahead, Howell provides an investment outlook, suggesting that the impetus of directed government spending and the strategic need for governments to control resources makes moving toward commodities a highly favorable position for investors.

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger Picture The [CB] debt ceiling was an illusion to make people think that there were control mechanisms, there are not, congress must always raise the debt ceiling. Trump is going to return the [CB] currency, buying power will return to the people. Trump is getting ready to unleash and energy revolution in Alaska. Trump has trapped the [DS] in each war, he ushered in peace. Now he is going to do it with Ukraine and Russia, he knows who the warmongers are and he is leading them down a path of no return. The election rigging is being investigated and now they brought on another attorney that worked with stop the steal, once the election rigging is exposed it is game over. The [DS] will fight back but Trump knows their playbook.   Economy https://twitter.com/KobeissiLetter/status/1979540446276702707 pace, total debt would hit a record $40 trillion by as soon as 2026. As a result, the Debt-to-GDP ratio now stands at 124%, the highest since 2021 and near the 2020 record. The US debt crisis has reached unprecedented levels. Opinion: ‘Sell' signs are showing up in the stock market — but this number matters most The S&P 500 can climb a ‘wall of worry' — if it stays above 6,500 Source: marketwatch.com Jerome Powell may have just given stock investors a new reason to be worried Fed plans to end its ‘quantitative tightening' — but stocks do better under those conditions Source: themarketwatch.com (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Fed Likely to Cut Rates By a ‘Safe' Quarter Point, Absent Data  The Federal Reserve is preparing for its next policy meeting with less clarity than usual. The government shutdown has paused the release of key data, leaving officials to decide whether to cut interest rates again with only a partial view of the U.S. economy. Most expect the central bank to take the cautious route: a quarter-percentage-point rate cut meant to preserve flexibility until the numbers return. Source: barrons.com Trump "Worked Magic" On Beef Deal - Likely With Argentina - As Cattle Futures Surge Most Since 1978  That's prompted President Trump to take action - just like he did with eggs earlier this year - and told reporters in the Oval Office on Thursday that his administration has reached a deal to lower beef prices. "We are working on beef, and I think we have a deal on beef that's going to bring the price" down, Trump said, adding, "That would be the one product that we would say is a little bit higher than we want it, maybe higher than we want it, and that's going to be coming down pretty soon too. We did something, we worked our magic." President Trump said his administration is working to reduce record-high beef prices caused by drought impacting US cattle ranchers https://t.co/dnA1HNMN0e pic.twitter.com/14oA7juFtB — Reuters (@Reuters) October 17, 2025 Bloomberg pointed out, "The president's comments came days after he hosted Argentinian President Javier Milei at the White House to discuss trade and financing to help bolster the country's economy. The US is a major importer of Argentine beef, though shipments are subject to an annual quota before expanded tariffs kick in." It's likely the "magic" will come from Argentin...

As China's Communist Party conclave gets underway, we take a look at one of the biggest things affecting the country's economy; debt. 2024 saw an estimated 25 - 34 million people default on their personal loans while household debt has now reached more than 60% of GDP. With the government using subsidies and handouts to get people spending, can China's debt problem be solved?Presenter: Ed Butler / Producer: Matt Lines(Image: Diners in Shanghai, China during Golden Week, 2024. Credit: Getty Images)

Derek Champagne talks with Sramana Mitra. Sramana is the founder and CEO of One Million by One Million (1Mby1M), the world's first and only global virtual incubator/accelerator. Its goal is to help a million entrepreneurs globally reach a million dollars in annual revenue, build a trillion dollars in global GDP, and create 10 million jobs.Since its founding in 2010, 1Mby1M has become a powerful platform for democratization of entrepreneurship acceleration.Sramana also developed 1Mby1M's Incubator-in-a-Box methodology for Corporate Incubation that is used by enterprises to manage internal and external innovation endeavors.In 2015, LinkedIn named Sramana one of their Top 10 Influencers alongside Bill Gates and Richard Branson.Sramana has been an entrepreneur and a strategy consultant in Silicon Valley since 1994. Her fields of experience span from hardcore technology disciplines like Artificial Intelligence, Cloud Computing and Semiconductors, to sophisticated consumer marketing industries including e-commerce, fashion and education.As an entrepreneur CEO, Sramana founded three companies: Dais (off-shore software services), Intarka (sales lead generation and qualification software using Artificial Intelligence algorithms; VC: NEA) and Uuma (online personalized store for selling clothes using Expert Systems software; VC: Redwood). Two of these were acquired, while the third received an acquisition offer from Ralph Lauren which the company did not accept.As strategy consultant, Sramana has consulted with over 80 companies, including public companies such as SAP, Cadence Design Systems, Webex, KLA-Tencor, Best Buy, MercadoLibre and Tessera among others. Her work has also included numerous startups and VCs.Sramana has a Masters degree in EECS from MIT and a Bachelors degree in Computer Science and Economics from Smith College.From 2000 to 2004, Sramana chaired the MIT Club of Northern California's entrepreneurship program in Silicon Valley.Learn more at www.1Mby1M.comBusiness Leadership Series Intro and Outro music provided by Just Off Turner: https://music.apple.com/za/album/the-long-walk-back/268386576

Our U.S. Public Policy Strategist Ariana Salvatore unpacks how China's announced rare earth export controls and signals of sweeping U.S. tariffs could impact global supply chains, markets and economic growth.Read more insights from Morgan Stanley.----- Transcript ----- Ariana Salvatore: Welcome to Thoughts on the Market. I'm Ariana Salvatore, Morgan Stanley's U.S. Public Policy Strategist. Today I'll talk about a development keeping markets and investors on alert: a re-escalation of U.S. China trade tensions. It's Friday, October 17th at 10am in New York. Since April, the U.S. and China have been in what we've been calling a very delicate detente. Remember, President Trump paused the additional reciprocal tariffs after Liberation Day. Since then, we've been consistently skeptical that the pause was durable enough to actually allow the U.S. and China to come up with a full-fledged trade agreement. But now we're equally as skeptical that the current escalation will lead to a material disruption in the bilateral relationship. So, what happened last week? China announced stricter export controls on rare earths, which are really critical for manufacturing everything from electric vehicles to defense equipment and advanced electronics. So, in response, the Trump administration on Friday announced a proposed 100 percent tariff, said to go into effect November 1st across all Chinese exports to the U.S. That date matters because that's around the same time that Presidents Trump and Xi were scheduled to meet at the upcoming APEC Summit in South Korea. When we think about this most recent escalation, it's pretty significant because China accounts for about 70 percent of global rare earth mining, and 90 percent of processing and refining. A lot of countries around the world – the U.S. Japan, Korea, and Germany – all rely heavily on these imports from China. And so potential new export controls mean that every economy may have to start negotiating bilaterally with China to secure supplies, which raises the risk of supply chain disruption across Asia, Europe, and the U.S. Looking ahead, we're thinking about four potential scenarios for how the current U.S.-China trade tensions could play out. The most likely outcome, which is our base case, is a return to the recent status quo following a period of rhetorical escalation and likely a reset of expectations heading into this APEC meeting. That's because we think both the U.S. and China would prefer to maintain the existing equilibrium to an abrupt supply chain decoupling. That equilibrium is effectively chips for rare earths. So, the U.S. receives China's rare earths, and then in return the U.S. exports some of its chips to China. But that equilibrium doesn't necessarily mean that the temporary implementation of trade barriers like higher tariffs or more export controls are off the table. The broader trajectory we think will continue to point toward competitive confrontation, which is a bipartisan strategy that encompasses both these traditional trade tactics as well as unilateral domestic investment – either vis-a-vis direct federal spending, or the government taking more stakes in companies involved in these critical industries. So, think things like the IRA, the CHIPS Act, and other bipartisan pieces of legislation. So, in the near and medium term, expect to see these trade barriers persisting and a bipartisan push toward U.S. industrial policy, as the U.S. attempts to undergo selective de-risking from China. Our base case scenario anticipates further short-term tensions, but ultimately a limited agreement that avoids deep structural changes. We've also thought through some alternate scenarios. So, in one downside case, you could see temporary escalation past November 1st. Both sides could fully implement their proposed policies, but after doing so, come back to the status quo once the economic costs become apparent. A more severe downside scenario involves durable escalation. So, in this case, we would see both countries maintain trade barriers for an extended period. That outcome would see both the U.S. and China decide to change calculus on that equilibrium, so that no longer holds. And in that case, we could see a push toward decoupling and a significant strain on supply chains. Finally, our last scenario reflects a quick de-escalation in which heightened rhetoric actually acts as a catalyst for renewed negotiations and a potential framework agreement that could result in some tariffs, but most likely at lower levels than initially proposed. So, what does this all mean? In the base case, our economists expect China's GDP growth to slow to below 4.5 percent in the second half of 2025, with exports supported by robust non-U.S. shipments. Our equity strategists in this outcome see the volatility actually providing a dip buying opportunity, given that they see a rolling recovery that began earlier this year. However, a more durable escalation could possibly prolong China's deflation and necessitate further policy adjustments. Similarly, that outcome could negate the early cycle rolling recovery thesis here in the U.S. Thanks for listening. If you enjoy the show, please leave us a review wherever you listen and share Thoughts on the Market with a friend or colleague today.

This week, we're joined by Michael Howell of CrossBorder Capital live from DAS London to break down the global liquidity cycle, the hidden recession and re-acceleration in the U.S., the impact of monetary debasement on gold and Bitcoin, China's liquidity surge and stablecoin risks, and Europe's structural challenges. We close with why today's environment is truly unique in 4,000 years of monetary history. Enjoy! — Follow Michael: https://x.com/crossbordercap Follow Quinn: https://x.com/qthomp Follow Felix: https://twitter.com/fejau_inc Follow Forward Guidance: https://twitter.com/ForwardGuidance Follow Blockworks: https://twitter.com/Blockworks_ Forward Guidance Telegram: https://t.me/+CAoZQpC-i6BjYTEx Forward Guidance Newsletter: https://blockworks.co/newsletter/forwardguidance — Timestamps: (00:00) Introduction (01:51) Where Are We in the Global Liquidity Cycle? (05:26) Main St. Recession & Economic Rebound (08:49) GDP vs Liquidity Cycles (10:33) QE, Liquidity & Gold vs BTC (15:44) No 4-Year Cycle But Still Bullish (20:05) Stablecoins & China (27:01) Europe's Economic Struggles (29:15) Developed Nation Decline (34:55) How Unique is this Moment? — Disclaimer: Nothing said on Forward Guidance is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed. #Macro #Investing #Markets #ForwardGuidance

So, a huge, huge, like bigger than the entire world's GDP fat finger episode in the world of stablecoins. Zuck has poached another one from Apple. Potentially huge state sponsored hack of a key infrastructure company. The most interesting new phone concept I've seen in a while. And are we in an AI bubble episode 72. Printing Money: Paxos Mints, Then Burns $300 Trillion in PayPal Stablecoins (Decrypt) Apple's Head of ChatGPT-Like AI Search Effort to Leave for Meta (Bloomberg) F5 says hackers stole undisclosed BIG-IP flaws, source code (BleepingComputer) Anthropic launches new version of scaled-down ‘Haiku' model (TechCrunch) Honor's Robot Phone concept features a fold-out camera arm (The Verge) ‘Of course it's a bubble': AI start-up valuations soar in investor frenzy (FT) Learn more about your ad choices. Visit megaphone.fm/adchoices

From politics to technology to real estate, Keith Rabois has bold predictions for America's next decade.In this conversation with Erik Torenberg, Keith breaks down why he believes the U.S. is entering a new economic expansion driven by AI, productivity, and sovereign technology. They discuss how AI could lift GDP growth to 5%, why sovereign AI projects are inevitable, and why America can “grow its way out” of debt.Keith also shares his takes on Trump's second term, the decline of legacy institutions, OpenAI's dominance, the future of Google and Microsoft, and how startups like Ramp and Opendoor are rewriting the rules of fintech and housing. Resources:Follow Keith on X: https://x.com/raboisFollow Alex on X: https://x.com/arampell Stay Updated: If you enjoyed this episode, be sure to like, subscribe, and share with your friends!Find a16z on X: https://x.com/a16zFind a16z on LinkedIn: https://www.linkedin.com/company/a16zListen to the a16z Podcast on Spotify: https://open.spotify.com/show/5bC65RDvs3oxnLyqqvkUYXListen to the a16z Podcast on Apple Podcasts: https://podcasts.apple.com/us/podcast/a16z-podcast/id842818711Follow our host: https://x.com/eriktorenbergPlease note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures.  Stay Updated:Find a16z on XFind a16z on LinkedInListen to the a16z Podcast on SpotifyListen to the a16z Podcast on Apple PodcastsFollow our host: https://twitter.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl, Harry, and Stelios discuss the holy GDP, how the system incentivises minority violence, and how it really is about race for the left. To mark the launch of Stelios' new course, we will be holding another webinar on Ancient Greek Virtue Ethics Today at 6pm! Register here.

Since 1993, Vietnam has undergone a remarkable socio-economic transformation, lifting over 40 million people out of poverty. The national poverty rate fell sharply from approximately 58% in 1993 to just 1.9% in 2024 (Báo Kiểm toán Nhà nước, 2025). The economy also maintained robust momentum, with GDP expanding by an estimated 7.09% in 2024. According to the Government's Resolution, Vietnam's GDP reached USD 476.3 billion, positioning the country 33rd globally (Vietnam Laws, 2025). These achievements underscore Vietnam's sustained economic resilience, deepening global integration, and growing capacity for innovationThe Vietnam-U.S. partnership has been instrumental in this trajectory. Cooperation between the two nations has broadened across key pillars including trade, education, environmental sustainability, and security, enabling Vietnam to engage more substantively in the global value chain.In this week's episode of Vietnam Innovators (English), host Hảo Trần interviews with Ted Osius, former U.S. Ambassador to Vietnam and currently President & CEO of the US-ASEAN Business Council. Drawing on more than three decades of diplomatic experience and first-hand engagement with Vietnam's evolution, Ambassador Ted Osius reflects on milestone moments, the role of innovation and technology, and how Vietnam is steadily asserting itself as one of the region's most dynamic emerging economies.____Listen to this episode on YouTubeAnd explore many amazing articles about the pioneers at: https://vietcetera.com/vn/bo-suu-tap/vietnam-innovatorFeel free to leave any questions or invitations for business cooperation at hello@vni-digest.com

News and Updates: An AI actress named Tilly Norwood, created by Dutch producer Eline Van der Velden, ignited outrage in Hollywood. SAG-AFTRA condemned her as a threat to human performers, calling her “a computer-generated character” built on unpaid human work. Stars including Whoopi Goldberg and Emily Blunt slammed the concept as unethical and dehumanizing. OpenAI's Sora 2 marks a major leap in AI video generation, producing realistic clips with accurate physics, synchronized sound, and multi-shot continuity. While hailed as groundbreaking, experts say full movie production remains far off, as the model is limited to 60-second clips and risks recycling existing footage. To avoid new lawsuits, OpenAI will let copyright holders opt out of Sora 2 recreations of their IP. Sam Altman proposed revenue sharing for rightsholders who allow their characters to appear, after Disney and others already withdrew consent. Altman framed it as “interactive fan fiction,” but critics called it damage control. Sora 2's new app allows users to make hyperrealistic AI videos using friends' likenesses through “cameos.” Early users call it “mind-blowing,” but critics warn it enables deepfakes, scams, and humiliation. OpenAI added parental controls and teen limits but faces scrutiny over safety and consent. Commentators blasted Sora 2 as “infinite AI slop,” accusing OpenAI of abandoning its mission to “benefit humanity.” The app's addictive, TikTok-style feed and rampant copyright and deepfake issues drew comparisons to social media's worst excesses, despite OpenAI's safety claims. Sam Altman downplayed concerns of an AI bubble, admitting investors will “overinvest and lose money,” but expressing confidence AI will drive massive long-term growth. Analysts warned a crash could hit the global economy as AI investments now outpace consumer spending in U.S. GDP growth.

Oct 14, 2025 – AI circular financing raises concerns as firms invest trillions in infrastructure amid lagging user adoption and free Chinese models. With tech CapEx at 4.5% of GDP, risks loom if revenue growth and monetization don't materialize soon...

Summary: In this episode, Ryan Detrick, Chief Market Strategist, and Sonu Varghese, VP, Global Macro Strategist, dive into the renewed tensions between the U.S. and China—what they're calling “Trade War 3.0.” They break down the latest round of tariffs, China's restrictions on rare earth exports, and what this means for markets, global trade, and investors. The conversation also touches on October's trademark market volatility, the three-year anniversary of the current bull market, and Carson Group's exciting milestone of surpassing $50 billion in assets under management. To wrap up, Ryan and Sonu discuss how AI investments are shaping economic growth and why diversification remains key as the market rides this wave of innovation.Key Takeaways:Trade War 3.0: The China trade war is back, with new tariffs and export restrictions creating fresh market uncertainty.Not a Shock: October remains the most volatile month for markets—current swings are historically typical.The Bull's Birthday: The three-year bull market continues to show resilience and momentum heading into year four.Massive Impact: AI-related investment is a key driver of GDP growth, fueling spending, innovation, and market optimism.Connect with Ryan: • LinkedIn: Ryan Detrick • X: @RyanDetrickConnect with Sonu: • LinkedIn: Sonu Varghese • X: @SonuVargheseQuestions about the show? We'd love to hear from you — factsvsfeelings@carsongroup.com#FactsVsFeelings #CarsonGroup #Investing #MarketOutlook #ChinaTradeWar #Tariffs #GlobalMarkets #EconomicTrends #RareEarths #AIMarkets #NVIDIA #OpenAI #StockMarket #FinancialPlanning #MarketInsights

Canada's agriculture industry is big business, contributing $32-billion to Canada's GDP in 2024 and employing an estimated 223,000 people. What garners less attention is how heavily dependent the agriculture industry is on migrant labourers, with about 80,000 workers in the sector. The job is often gruelling and typically pays around minimum wage, but that money tends to go a lot farther in the workers' home countries.Jason Kirby, a business reporter for The Globe and Mail, revisits his roots in an Ontario farming community and digs into the influence of foreign labour in Canada's farms. He talks about why Canadian farmers have become so reliant on migrant labour, and what keeps foreign agricultural workers coming back year after year. Questions? Comments? Ideas? E-mail us at thedecibel@globeandmail.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Brodie Sutherland, CEO of Patriot Critical Minerals, “the only SEC-compliant tungsten resource in the United States.” It is developing a mega tungsten project in Nevada. Brodie discusses the role that tungsten plays in technology and industry, and says that without a domestic supply, GDP will fall. Over 80% of our tungsten supply used to come from China, but it banned exports earlier this year.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

How Can We Afford to Remove PFAS from Our Environment When Treatment Costs Exceed Global GDP?

As carbon “super sponges” and vital climate-resilience tools, mangroves highlight how nature underpins economic stability. With more than half of global GDP reliant on healthy ecosystems, nature loss poses substantial risks and opportunities. In this episode of ESG Currents, BI ESG analysts Grace Osborne and Chris Ratti speak with the WWF’s Global Lead of the Carbon Finance & Markets Taskforce, Rueban Manokara and John Morton, Executive Managing Director of Nature Finance and Investment, to explore the business case for nature, the temporal challenges of nature-based investments and the power of blended finance in helping to close the $700 billion nature-funding gap. This episode was recorded on Sept. 25.See omnystudio.com/listener for privacy information.

(0:00) Introducing Cathie Wood (0:47) Cathie Wood on AI's once in a lifetime opportunity: doubling GDP, deflation, and more (9:23) Cathie's bull case for Bitcoin $1M (11:38) Opening up access to innovation for retail (14:32) Cathie explains Ark's strategies for bull and bear markets (16:01) Thoughts on Elon's trillion-dollar pay package Thanks to our partners for making this happen! Solana - Solana is the high performance network powering internet capital markets, payments, and crypto applications. Connect with investors, crypto founders, and entrepreneurs at Solana's global flagship event during Abu Dhabi Finance Week & F1: https://solana.com/breakpoint OKX - The new way to build your crypto portfolio and use it in daily life. We call it the new money app. https://www.okx.com/ Google Cloud - The next generation of unicorns is building on Google Cloud's industry-leading, fully integrated AI stack: infrastructure, platform, models, agents, and data. https://cloud.google.com/ IREN - IREN AI Cloud, powered by NVIDIA GPUs, provides the scale, performance, and reliability to accelerate your AI journey. https://iren.com/ Oracle - Step into the future of enterprise productivity at Oracle AI Experience Live. https://www.oracle.com/artificial-intelligence/data-ai-events/ Circle - The America-based company behind USDC — a fully-reserved, enterprise-grade stablecoin at the core of the emerging internet financial system. https://www.circle.com/ BVNK - Building stablecoin-powered financial infrastructure that helps businesses send, store, and spend value instantly, anywhere in the world. https://www.bvnk.com/ Polymarket - The world's largest prediction market. https://www.polymarket.com/ Follow Cathie Wood: https://x.com/cathiedwood Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg

Our Chief Asia Economist Chetan Ahya discusses how youth unemployment will impact future growth and stability across China, India, and Indonesia.Read more insights from Morgan Stanley.----- Transcript ----- Welcome to Thoughts on the Market. I'm Chetan Ahya, Morgan Stanley's Chief Asia Economist. Today – Asia's young workforce is facing a significant challenge. How a soft labor market will shape everything from consumer demand to social stability and long-term growth. It's Tuesday, October 14th, at 2pm in Hong Kong. Across Asia, a concerning trend is emerging. The region's younger generations face mounting challenges in the job market. Asia's youth unemployment averages 16 percent, which is much higher than the U.S. rate of 10.5 percent. Youth unemployment rates are running two to three times higher than headline unemployment rates. The underlying situation is even weaker than what is represented by [the] unemployment rate. And within Asia, the challenge is most acute in China, India, and Indonesia, the three most populous economies. Youth unemployment rates for these three economies are running close to double, as compared to other economies in Asia. Now let's take a closer look at China. The urban youth unemployment rate, i.e. for 16–24-year-olds, has steadily increased since 2019. What's driving this rise in unemployment? A mismatch in labor demand and supply. The number of university graduates surged 40 percent over the last five years to close to 12 million. But economy-wide employment has declined by 20 million over the same period. Entry-level wages are sluggish, and automation plus subdued services growth mean fewer opportunities for newer entrants. Turning to India, their unemployment rate is the highest in the region at 17.6 percent. Employment creation has been subdued. And on top of it, India also faces another issue: underemployment. Post-COVID, primary sector – i.e. farming and mining – employment rose by 50 million, reaching a 17-year high. Note that these jobs are relatively low productivity jobs. And this is explained by the fact that [the] primary sector now accounts for less than 20 percent of GDP but it employs about 40 percent of the workforce. That's a sign of COVID-induced underemployment. How fast must growth be to tackle the unemployment challenge? In our base case, India's GDP will grow at an average of 6.5 percent over the coming decade – and this will mean that India will be one of the fastest-growing economies globally. But this pace of growth will not be sufficient to generate enough jobs. To keep [the] unemployment rate stable, India needs an average GDP growth of close to 7.5 percent; and to address underemployment, the required run rate in GDP growth must be even higher at 12 percent. Shifting to Indonesia, its youth unemployment rate is the second highest in the region. Moreover, close to 60 percent of jobs are in the informal sector. And many of these jobs pay below minimum wage. Similar to India, both these trends signal underemployment. The key reason behind this challenge is weak investment growth. Indonesia's investment-to-GDP ratio has dropped meaningfully over the last five years. So, what's the way forward? For China, shifting towards consumption and services could reduce labor market mismatches. And for India and Indonesia, boosting investment is key. India in particular needs much stronger growth in its industrial and exports sectors. If reforms fall short, policy makers may need to fall back on increasing social welfare spending to manage social stability risks. Thanks for listening. If you enjoy the show, please leave us a review wherever you listen and share Thoughts on the Market with a friend or colleague today.

Investing in health and science research isn't just about curing diseases. It has huge impacts across society, from creating jobs to driving economic growth to boosting national competitiveness. Study shows that every $ invested in the life sciences industry generates $3 in GDP globally, whereas every job created in the life sciences industry generates five in the global economy. Life sciences are one of the most powerful engines of prosperity, yet many governments still underestimate their economic return.In this episode of The Ripple Effect: Investing in Life Sciences, host Dan Riskin speaks with Patrick Horber, President of Novartis International, and David Gluckman, Vice Chairman of Investment Banking and Global Head of Healthcare at Lazard. Together, they break down the outsized economic impact of life science innovation, from trillions in US bioscience output to China's meteoric rise as a global R&D hub. The conversation delves into the ways governments can support innovation with not just money, but through policy and regulation; plus, some of the best ways that countries can help the sector secure investment, talent, and long-term growth.This limited series, produced by GZERO's Blue Circle Studios in partnership with Novartis, examines how life science innovation plays a vital role in fulfilling that commitment. Host: Dan RiskinGuests: Patrick Horber, David Gluckman  Subscribe to the GZERO World with Ian Bremmer Podcast on Apple Podcasts, Spotify, or your preferred podcast platform, to receive new episodes as soon as they're published. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Kathy Bostjancic, chief economist at Nationwide and the chair of the Outlook Survey for the National Association for Business Economics, says the latest survey, released Monday, showed higher expectations for economic growth for the rest of the year and into 2026, with GDP growth -- which had been pegged at roughly 1.3% -- now expected to grow by 1.8%. Bostjancic cautioned that the improved growth forecasts don't make for a frothy economy, but rather seem to reduce the chances of recession. She says that economists improved their outlook, largely because they were too pessimistic earlier this year as they forecast the impacts of tariffs and expected more of a drag on growth than we have seen in the last six months.  In the Market Call, hedge fund manager Nitin Sacheti of Papyrus Capital discusses his long/short approach to stocks, and how he hunts out "special situations" that he believes are poised for above-average growth. Sacheti is a "Tiger Cub," a disciple of Julian Robertson, a legendary hedge fund manager. Plus, Chuck answers a question from a listener who, like himself, has a new grandchild, but who has very different concerns because that baby has been diagnosed with Down Syndrome. Rich Yam, director of wealth strategy/wealth and tax planning at Wealthspire Advisors, helps Chuck examine the various considerations that a special-needs family should have, and how grandparents can provide real help for a lifetime.

Kevin talks about the return of Israeli hostages by Hamas, peace breaking out in the Middle East and the next steps toward a sustainable peace in the Region; the hostages' release occurred on the 108th anniversary of the "Miracle of the Sun"; a story reporting on the final revision of the 2nd quarter GDP numbers, including a "What's really going on with the economy; Kevin has the details, digs into the data, puts the information into historical perspective, offers his insights and few opinions.

Tune in here to this Tuesday's edition of the Brett Winterble Show! Brett kicks off the program by talking about America’s global dominance and the underappreciated strength of the United States in 2025. Highlighting the country’s share of global GDP and unmatched military capabilities, he emphasizes that the U.S. remains the “indispensable nation.” Drawing from a piece by Frank Rodriguez, Brett explores America’s cultural and technological leadership, while criticizing China as a “bandit country” that steals innovations rather than creates them. He contrasts this strength with what he views as the self-defeating narrative of Democrats, who, he claims, blame America for global issues. Brett also targets figures like Greta Thunberg, J.B. Pritzker, and John Bolton, calling them irrelevant or misguided, and mocks media figures such as Dana Bash and John King for their past takes on Middle East policy and Donald Trump’s influence. We're joined by Michael Whatley from North Carolina to talk about the recent breakthrough in the Middle East hostage crisis and the broader implications for U.S. leadership under President Trump. Whatley, a candidate for the U.S. Senate, praised Trump’s use of American strength and diplomacy to secure the release of hostages from Hamas, calling it “the most transformative presidential term of our lifetime.” He also criticized Democrats for refusing to give Trump credit, despite global acknowledgment of his role. The conversation touched on Whatley’s support for Trump, the Medal of Freedom awarded to Charlie Kirk, and the importance of strong leadership in facing domestic and international challenges. Whatley also addressed concerns over the potential Schumer-led government shutdown, emphasizing the need for a Republican Senate to advance the America First agenda. Bo Thompson from Good Morning BT is also here for this Tuesday's episode of Crossing the Streams. Brett and Bo talk about President Trump’s high-stakes trip to the Middle East and the successful release of 20 hostages—an event both call one of the most consequential moments of his presidency. They discuss the president’s energy, his deal-making prowess, and the behind-the-scenes efforts of key figures like Jared Kushner and Steve Whitcock. Bo also shares what he and the Good Morning BT team have coming up on tomorrow’s show, including an interview with Major General John Meyer about the recent Pentagon hack and national security concerns. In addition, Sean Flynn from the CRVA will join to celebrate the 70th anniversary of Bojangles Coliseum Listen here for all of this and more on The Brett Winterble Show! For more from Brett Winterble check out his YouTube channel. See omnystudio.com/listener for privacy information.

Investing in health and science research isn't just about curing diseases. It has huge impacts across society, from creating jobs to driving economic growth to boosting national competitiveness. Study shows that every $ invested in the life sciences industry generates $3 in GDP globally, whereas every job created in the life sciences industry generates five in the global economy. Life sciences are one of the most powerful engines of prosperity, yet many governments still underestimate their economic return.In this episode of The Ripple Effect: Investing in Life Sciences, host Dan Riskin speaks with Patrick Horber, President of Novartis International, and David Gluckman, Vice Chairman of Investment Banking and Global Head of Healthcare at Lazard. Together, they break down the outsized economic impact of life science innovation, from trillions in US bioscience output to China's meteoric rise as a global R&D hub. The conversation delves into the ways governments can support innovation with not just money, but through policy and regulation; plus, some of the best ways that countries can help the sector secure investment, talent, and long-term growth.This limited series, produced by GZERO's Blue Circle Studios in partnership with Novartis, examines how life science innovation plays a vital role in fulfilling that commitment. Host: Dan RiskinGuests: Patrick Horber, David Gluckman  Subscribe to the GZERO World with Ian Bremmer Podcast on Apple Podcasts, Spotify, or your preferred podcast platform, to receive new episodes as soon as they're published. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

As the U.S. government shutdown delays key economic data, the Equifax Advisors team steps in with deeper insights. Host Emmaline Aliff is joined by Jesse Hardin, Tom O'Neill, and Maria Urtubey to unpack the indicators that matter most when visibility is limited—and to debut the Market Pulse Index, a new holistic measure capturing the intersection of credit, income, assets, and financial behavior across populations.Economist Justin Begley of Moody's Analytics delivers our macroeconomic update.In this episode: What is the Market Pulse Index?The Market Pulse Index is a new measure developed by Equifax Advisors that combines multiple financial dimensions—credit performance, income, debt, assets, and affluence—into one holistic view of consumer and market health. It helps lenders and policymakers understand economic conditions beyond single metrics like CPI or GDP.Why is the Market Pulse Index important right now?With the U.S. government shutdown delaying key data releases, traditional indicators such as the jobs report and GDP updates are unavailable. The Market Pulse Index fills this gap by integrating real-time, multi-source data to reveal trends in affordability, financial durability, and consumer well-being.How does the Market Pulse Index differ from other metrics like CPI or GDP?Unlike single-dimension indicators, the Market Pulse Index combines hard data (credit, income, assets) and soft data (consumer sentiment) to provide a multi-layered view of economic conditions. It can reveal disparities across populations, regions, and credit tiers—helping decision-makers identify who's thriving and who's struggling.What is the K-shaped economy and how does it relate?The K-shaped economy describes uneven recovery patterns—where high-income consumers see wealth gains while lower-income groups face rising debt and affordability challenges. The Market Pulse Index captures these differences, offering a clearer picture of financial resilience across demographic groups.How can lenders and businesses use the Market Pulse Index?Organizations can use the Market Pulse Index to:Track aggregate consumer health across income, geography, and age groupsIdentify emerging credit risks and opportunitiesAdjust lending and pricing strategies based on holistic insightsImprove risk management and marketing segmentationIf you have questions or suggestions for future podcasts, please reach out to riskadvisors@equifax.com.

In another wave of tariff news, Trump announced a 100% tariff on Chinese goods that will take effect in November. The constant back and forth of tariff policy has left import-reliant business owners frustrated, defeated and wondering how long they can hold out. Also in this episode: Slowing immigration explains a change in break-even employment, California explores public AI compute projects to create shared GPU infrastructure, and GDP may grow more than expected, despite economic uncertainty.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

In another wave of tariff news, Trump announced a 100% tariff on Chinese goods that will take effect in November. The constant back and forth of tariff policy has left import-reliant business owners frustrated, defeated and wondering how long they can hold out. Also in this episode: Slowing immigration explains a change in break-even employment, California explores public AI compute projects to create shared GPU infrastructure, and GDP may grow more than expected, despite economic uncertainty.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

This week, Phil breaks down the market sell-off from Friday, recent GDP forecasts, and the latest headlines impacting markets.

Economic strategist Christian Briggs joins Malcolm Out Loud for a hard-hitting breakdown of the federal shutdown, China's rare-earth dominance, and the escalating global chess game reshaping America's economy. In this explosive episode, Briggs reveals why the government standoff isn't really about healthcare, it's abou trelevancy and control, and how small businesses, GDP, and everyday workers are paying the price. He then exposes China's decades-long plan to corner the rare-earth market, dominate clean energy production, and use economic leverage as a geopolitical weapon, while explaining Trump's bold counterstrategy of tariffs and domestic resource rebuilding. From D.C. gridlock to global power plays, this conversation unpacks the truth behind America's most pressing financial battles—and what it will take to bring manufacturing, stability, and sovereignty back home.

The country has one of the highest levels of consumer debt in the world as a proportion of its GDP.We hear from people who have borrowed and can't pay back. They're struggling to get regular work to make payments and cover interest. We also speak to a private money lender - are they helping people or making the problem worse?Produced and presented by Ed Butler(Image: Jie Ae Nattarin, a money lender in Thailand wearing her trademark headband)

台灣與韓國從類似的文化底蘊成長，在不同的產業結構與政治環境中茁壯。過去22年台灣的GDP落後韓國，今年首度可望超越，但在此同時，韓國卻也成為台灣的第一大逆差國。從兄弟邦誼、並稱亞洲四小龍，多年彼此競爭又合作，此刻台灣跟韓國在全球產業格局變化的壓力下，各自面對不同的挑戰，該如何思考未來各自的發展？黃欽勇Facebook https://www.facebook.com/hwangchinyeong

Today's conversation is with David Belle, investor, writer and founder of Fink Money. David's mission is simple, as he puts it: “I only care about getting Brits to invest more in shares.”This episode covers the state of the UK economy, broken policies, culture shifts, and the unintended consequences of political decision-making. We also explore why David has decided to join the UK exodus and move to Portugal.Expect to learn:Why UK pension funds have pulled £372 billion out of domestic equities since 2006.How Australia's super funds have outperformed by allocating 45% to their own stock market.The scale of the UK's legal migration wave since 2020 The dangers of GDP manipulation and the “Boriswave” era of 4.5m arrivals in 4 years.Why the UK Government is ignoring 2nd and 3rd order consequences of its policiesIf the UK could really be heading for an IMF bailout.Whether Liz Truss's plan was actually a feasible way out of the mess.Why David is moving to Portugal – and why many other Brits are following.The story of how fraud rocked his previous business Macrodesiac, the impact on his mental health, and how he rebuilt.Today's episode is optimised by Puresport. You can save 10% using code CAMBRO10 - https://puresport.co/CAMBRO10Get my Sales Support - https://colcambro.kit.com/d0dceeb5ffConnect with David:Tiktok - https://www.tiktok.com/@fink.tok YouTube - https://www.youtube.com/@DavidBelleFink X - https://x.com/db_fink LinkedIn - https://www.linkedin.com/in/david-belle-3089b966/Connect with Col:Instagram: https://www.instagram.com/col.cambro/Email List: https://colcambro.kit.com/30bde23b0cPatreon: https://www.patreon.com/ColCampbell

Let's talk about the GDP minus data centers and the Trump economy....

The team jokes about “Bitcoin being dead again” after Trump's new tariff threats against China tanked markets and briefly pulled Bitcoin to $117K.They analyze Trump's tariff negotiation style, calling it political theater and a dip-buying opportunity for “active tariff dip buyers.”Discussion on Core V30 debates—Bitcoiners fighting among themselves as a “bear market signal,” contrasting with the historic block size wars.VJ Boyapati's chart shows long consolidation phases in this cycle—evidence of healthier, institutional-driven adoption rather than retail mania.Gold hits $4,000/oz, outperforming U.S. stocks; the hosts link gold's run to the global debasement trade and rising mainstream awareness of sound money.John Haar highlights that despite 40-year-high inflation, global debt-to-GDP barely fell, reinforcing the inevitability of fiscal dominance and currency debasement.Paul Tudor Jones reaffirms Bitcoin as the “fastest horse,” signaling institutional confidence alongside gold.Morgan Stanley opens Bitcoin access to wealth clients—another milestone in mainstream financial adoption.Square launches zero-fee Bitcoin payment integration for merchants, advancing Bitcoin's medium-of-exchange use case.Discussion closes on Lightning yield experiments (8–9% APY) and Luxembourg's sovereign Bitcoin purchase, showcasing Bitcoin's expanding financial utility and global reach. Swan Private helps HNWI, companies, trusts, and other entities go beyond legacy finance with BItcoin. Learn more at swan.com/private. Put Bitcoin into your IRA and own your future. Check out swan.com/ira.Swan Vault makes advanced Bitcoin security simple. Learn more at swan.com/vault.

This week on More or Less: Jess drops The Information's scoop on Oracle's shaky GPU rental margins and how it spooked markets, while Sam insists AI workloads will soar, even if profits don't. Dave crunches the numbers: an “Apollo program every 10 months,” data centers now powering half of U.S. GDP, and capital getting sucked from factories into GPUs. On the culture beat: Google's Zeitgeist goes no-swag chic, Taylor gets her own Google Easter egg, and Instagram ads become the prototype for AI's ad future, Restoration Hardware jet memes, Waymo etiquette, Bari Weiss' $150M Free Press–meets–CBS glow-up, and more. Never a dull moment with the MOL squad.Chapters:01:17 – Slow's Etiquette Finishing school on 11/5 (Apply here: https://luma.com/vmd7rz6j)04:02 – Why everyone is replicating YC demo day17:15 – AI bubble check + Sora usage uptick18:04 – Oracle GPU rental margins scoop21:21 – Quantum skepticism24:26 – AI bubble propping up the U.S. GDP33:20 – OpenAI renting GPUs; finance structures everywhere38:48 – Where AI profits come from: ads, subs, commerce (nothing proven)42:31 – Bari Weiss' Free Press sold for $150M; CBS Editor-in-Chief57:06 – Yoni Rechtman's “self-promotion” stunt + Sam's viral MrBeast post on XWe're also on ↓X: https://twitter.com/moreorlesspodInstagram: https://instagram.com/moreorlessYouTube: https://youtu.be/p1bmrugU_6EConnect with us here:1) Sam Lessin: https://x.com/lessin2) Dave Morin: https://x.com/davemorin3) Jessica Lessin: https://x.com/Jessicalessin4) Brit Morin: https://x.com/brit

HEADLINE: China's Economic Contradictions: Deflation and Consumer Wariness Undermine GDP Growth ClaimsGUEST NAME: Fraser Howie SUMMARY: John Batchelor speaks with Fraser Howie about China facing severe economic contradictions despite high World Bank forecasts. Deflation remains rampant with frequently negative CPI and PPI figures. Consumer wariness and high youth unemployment at one in seven persist throughout the economy. The GDP growth figure is viewed as untrustworthy, manufactured through debt in a command economy. Decreased container ship arrivals point to limited actual growth, exacerbated by higher US tariffs. Economic reforms appear unlikely as centralization under Xi Jinping continues.

CBS EYE ON THE WORLD WITH JOHN BATCHELOR 1900 KYIV THE SHOW BEGINS IN THE DOUBTS THAT CONGRESS IS CAPABLE OF CUTTING SPENDING..... 10-8-25 FIRST HOUR 9-915 HEADLINE: Arab Intellectuals Fail Palestinians by Prioritizing Populism and Victimhood Narrative in Gaza ConflictGUEST NAME: Hussain Abdul-Hussain SUMMARY: John Batchelor speaks with Hussain Abdul-Hussain about Hamas utilizing the power of victimhood to justify atrocities and vilify opponents. Arab and Muslim intellectuals have failed Palestinians by prioritizing populism over introspection and self-critique. Regional actors like Egypt prioritize populist narratives over national interests, exemplified by refusing to open the Sinai border despite humanitarian suffering. The key recommendation is challenging the narrative and fostering a reliable, mature Palestinian government. 915-930 HEADLINE: Arab Intellectuals Fail Palestinians by Prioritizing Populism and Victimhood Narrative in Gaza ConflictGUEST NAME: Hussain Abdul-Hussain SUMMARY: John Batchelor speaks with Hussain Abdul-Hussain about Hamas utilizing the power of victimhood to justify atrocities and vilify opponents. Arab and Muslim intellectuals have failed Palestinians by prioritizing populism over introspection and self-critique. Regional actors like Egypt prioritize populist narratives over national interests, exemplified by refusing to open the Sinai border despite humanitarian suffering. The key recommendation is challenging the narrative and fostering a reliable, mature Palestinian government. 930-945 HEADLINE: Russian Oil and Gas Revenue Squeezed as Prices Drop, Turkey Shifts to US LNG, and China Delays Pipeline GUEST NAME: Michael Bernstam SUMMARY: John Batchelor speaks with Michael Bernstam about Russia facing severe budget pressure due to declining oil prices projected to reach $40 per barrel for Russian oil and global oil surplus. Turkey, a major buyer, is abandoning Russian natural gas after signing a 20-year LNG contract with the US. Russia refuses Indian rupee payments, demanding Chinese renminbi, which India lacks. China has stalled the major Power of Siberia 2 gas pipeline project indefinitely. Russia utilizes stablecoin and Bitcoin via Central Asian banks to circumvent payment sanctions. 945-1000 HEADLINE: UN Snapback Sanctions Imposed on Iran; Debate Over Nuclear Dismantlement and Enrichment GUEST NAME: Andrea Stricker SUMMARY: John Batchelor speaks with Andrea Stricker about the US and Europe securing the snapback of UN sanctions against Iran after 2015 JCPOA restrictions expired. Iran's non-compliance with inspection demands triggered these severe sanctions. The discussion covers the need for full dismantlement of Iran's nuclear program, including both enrichment and weaponization capabilities, to avoid future conflict. Concerns persist about Iran potentially retaining enrichment capabilities through low-level enrichment proposals and its continued non-cooperation with IAEA inspections. SECOND HOUR 10-1015 HEADLINE: Commodities Rise and UK Flag Controversy: French Weather, Market Trends, and British Politics GUEST NAME: Simon Constable SUMMARY: John Batchelor speaks with Simon Constable about key commodities like copper up 16% and steel up 15% signaling strong economic demand. Coffee prices remain very high at 52% increase. The conversation addresses French political turmoil, though non-citizens cannot vote. In the UK, the St. George's flag has become highly controversial, viewed by some as associated with racism, unlike the Union Jack. This flag controversy reflects a desire among segments like the white working class to assert English identity. 1015-1030 HEADLINE: Commodities Rise and UK Flag Controversy: French Weather, Market Trends, and British Politics GUEST NAME: Simon Constable SUMMARY: John Batchelor speaks with Simon Constable about key commodities like copper up 16% and steel up 15% signaling strong economic demand. Coffee prices remain very high at 52% increase. The conversation addresses French political turmoil, though non-citizens cannot vote. In the UK, the St. George's flag has become highly controversial, viewed by some as associated with racism, unlike the Union Jack. This flag controversy reflects a desire among segments like the white working class to assert English identity. 1030-1045 HEADLINE: China's Economic Contradictions: Deflation and Consumer Wariness Undermine GDP Growth ClaimsGUEST NAME: Fraser Howie SUMMARY: John Batchelor speaks with Fraser Howie about China facing severe economic contradictions despite high World Bank forecasts. Deflation remains rampant with frequently negative CPI and PPI figures. Consumer wariness and high youth unemployment at one in seven persist throughout the economy. The GDP growth figure is viewed as untrustworthy, manufactured through debt in a command economy. Decreased container ship arrivals point to limited actual growth, exacerbated by higher US tariffs. Economic reforms appear unlikely as centralization under Xi Jinping continues. 1045-1100 HEADLINE: Takaichi Sanae Elected LDP Head, Faces Coalition Challenge to Become Japan's First Female Prime Minister GUEST NAME: Lance Gatling SUMMARY: John Batchelor speaks with Lance Gatling about Takaichi Sanae being elected head of Japan's LDP, positioning her to potentially become the first female Prime Minister. A conservative figure, she supports visits to the controversial Yasukuni Shrine. Her immediate challenge is forming a majority coalition, as the junior partner Komeito disagrees with her conservative positions and social policies. President Trump praised her election, signaling potential for strong bilateral relations. THIRD HOUR 1100-1115 VHEADLINE: DeepSeek AI: Chinese LLM Performance and Security Flaws Revealed Amid Semiconductor Export Circumvention GUEST NAME: Jack Burnham SUMMARY: John Batchelor speaks with Jack Burnham about competition in Large Language Models between the US and China's DeepSeek. A NIST study found US models superior in software engineering, though DeepSeek showed parity in scientific questions. Critically, DeepSeek models exhibited significant security flaws. China attempts to circumvent US export controls on GPUs by smuggling and using cloud computing centers in Southeast Asia. Additionally, China aims to dominate global telecommunications through control of supply chains and legal mechanisms granting the CCP access to firm data.E V 1115-1130 HEADLINE: DeepSeek AI: Chinese LLM Performance and Security Flaws Revealed Amid Semiconductor Export Circumvention GUEST NAME: Jack Burnham SUMMARY: John Batchelor speaks with Jack Burnham about competition in Large Language Models between the US and China's DeepSeek. A NIST study found US models superior in software engineering, though DeepSeek showed parity in scientific questions. Critically, DeepSeek models exhibited significant security flaws. China attempts to circumvent US export controls on GPUs by smuggling and using cloud computing centers in Southeast Asia. Additionally, China aims to dominate global telecommunications through control of supply chains and legal mechanisms granting the CCP access to firm data. 1130-1145 HEADLINE: Taiwanese Influencer Charged for Threatening President; Mainland Chinese Influence Tactics ExposedGUEST NAME: Mark Simon SUMMARY: John Batchelor speaks with Mark Simon about internet personality Holger Chen under investigation in Taiwan for calling for President William Lai's decapitation. This highlights mainland Chinese influence operations utilizing influencers who push themes of military threat and Chinese greatness. Chen is suspected of having a mainland-affiliated paymaster due to lack of local commercial support. Taiwan's population primarily identifies as Taiwanese and is unnerved by constant military threats. A key propaganda goal is convincing Taiwan that the US will not intervene. 1145-1200 HEADLINE: Sentinel ICBM Modernization is Critical and Cost-Effective Deterrent Against Great Power CompetitionGUEST NAME: Peter Huessy SUMMARY: John Batchelor speaks with Peter Huessy about the Sentinel program replacing aging 55-year-old Minuteman ICBMs, aiming for lower operating costs and improved capabilities. Cost overruns stem from necessary infrastructure upgrades, including replacing thousands of miles of digital command and control cabling and building new silos. Maintaining the ICBM deterrent is financially and strategically crucial, saving hundreds of billions compared to relying solely on submarines. The need for modernization reflects the end of the post-Cold War "holiday from history," requiring rebuilding against threats from China and Russia. FOURTH HOUR 12-1215 HEADLINE: Supreme Court Battles Over Presidential Impoundment Authority and the Separation of Powers GUEST NAME: Josh Blackman SUMMARY: John Batchelor speaks with Josh Blackman about Supreme Court eras focusing on the separation of powers. Currently, the court is addressing presidential impoundment—the executive's authority to withhold appropriated funds. Earlier rulings, particularly 1975's Train v. City of New York, constrained this power. The Roberts Court appears sympathetic to reclaiming presidential authority lost during the Nixon era. The outcome of this ongoing litigation will determine the proper balance between executive and legislative branches. 1215-1230 HEADLINE: Supreme Court Battles Over Presidential Impoundment Authority and the Separation of Powers GUEST NAME: Josh Blackman SUMMARY: John Batchelor speaks with Josh Blackman about Supreme Court eras focusing on the separation of powers. Currently, the court is addressing presidential impoundment—the executive's authority to withhold appropriated funds. Earlier rulings, particularly 1975's Train v. City of New York, constrained this power. The Roberts Court appears sympathetic to reclaiming presidential authority lost during the Nixon era. The outcome of this ongoing litigation will determine the proper balance between executive and legislative branches. 1230-1245 HEADLINE: Space Force Awards Contracts to SpaceX and ULA; Juno Mission Ending, Launch Competition Heats UpGUEST NAME: Bob Zimmerman SUMMARY: John Batchelor speaks with Bob Zimmerman about Space Force awarding over $1 billion in launch contracts to SpaceX for five launches and ULA for two launches, highlighting growing demand for launch services. ULA's non-reusable rockets contrast with SpaceX's cheaper, reusable approach, while Blue Origin continues to lag behind. Other developments include Firefly entering defense contracting through its Scitec acquisition, Rocket Lab securing additional commercial launches, and the likely end of the long-running Juno Jupiter mission due to budget constraints. 1245-100 AM HEADLINE: Space Force Awards Contracts to SpaceX and ULA; Juno Mission Ending, Launch Competition Heats UpGUEST NAME: Bob Zimmerman SUMMARY: John Batchelor speaks with Bob Zimmerman about Space Force awarding over $1 billion in launch contracts to SpaceX for five launches and ULA for two launches, highlighting growing demand for launch services. ULA's non-reusable rockets contrast with SpaceX's cheaper, reusable approach, while Blue Origin continues to lag behind. Other developments include Firefly entering defense contracting through its Scitec acquisition, Rocket Lab securing additional commercial launches, and the likely end of the long-running Juno Jupiter mission due to budget constraints.

Sanae Takaichi is not just set to be the first female prime minister of Japan -- and someone whose childhood hero was the legendary Margaret Thatcher. She also launched her global claim to fame by saying she “wanted to abandon the idea of work-life balance” and planned to “have everyone work like a workhorse.” Well, this has generated some push back from people who are apparently happy with Japan's 0 percent real GDP growth for over 30 years. In today's episode, David analyzes why Takaichi is starting off as his favorite leader on the planet. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

From lawmakers cracking down on loud ads to Deloitte caught peddling AI-fabricated reports, this episode explores how tech's greatest promises and worst follies are colliding right now. No more loud commercials: Governor Newsom signs SB 576 | Governor of California ChatGPT Now Has 800 Million Weekly Active Users - Slashdot OpenAI will let developers build apps that work inside ChatGPT Senate Dem Report Finds Almost 100 Million Jobs Could Be Lost To AI - Slashdot Jony Ive's secretive AI hardware reportedly hit three problems Deloitte to refund Australian government after AI hallucinations found in report Anthropic and Deloitte Partner to Build AI Solutions for Regulated Industries America is now one big bet on AI The flawed Silicon Valley consensus on AI Data centers responsible for 92% of GDP growth in the first half of this year Martin Peers: The AI Profit Fantasy A Debate About A.I. Plays Out on the Subway Walls Insurers hesitate at multibillion-dollar claims faced by OpenAI, Anthropic in AI lawsuits Slop factory worries about slop: MrBeast says AI could threaten creators' livelihoods, calling it 'scary times' for the industry CAN LARGE LANGUAGE MODELS DEVELOP GAMBLING ADDICTION? Sycophantic AI Decreases Prosocial Intentions and Promotes Dependence Have we passed peak social media? As Elon Musk Preps Tesla's Optimus for Prime Time, Big Hurdles Remain OpenAI signs huge chip deal with AMD, and AMD stock soars Google CodeMender Introducing the Gemini 2.5 Computer Use model Young People Are Falling in Love With Old Technology Our friend Glenn Hosts: Leo Laporte, Jeff Jarvis, and Paris Martineau Download or subscribe to Intelligent Machines at https://twit.tv/shows/intelligent-machines. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: zapier.com/machines agntcy.org fieldofgreens.com Promo Code "IM" pantheon.io

From lawmakers cracking down on loud ads to Deloitte caught peddling AI-fabricated reports, this episode explores how tech's greatest promises and worst follies are colliding right now. No more loud commercials: Governor Newsom signs SB 576 | Governor of California ChatGPT Now Has 800 Million Weekly Active Users - Slashdot OpenAI will let developers build apps that work inside ChatGPT Senate Dem Report Finds Almost 100 Million Jobs Could Be Lost To AI - Slashdot Jony Ive's secretive AI hardware reportedly hit three problems Deloitte to refund Australian government after AI hallucinations found in report Anthropic and Deloitte Partner to Build AI Solutions for Regulated Industries America is now one big bet on AI The flawed Silicon Valley consensus on AI Data centers responsible for 92% of GDP growth in the first half of this year Martin Peers: The AI Profit Fantasy A Debate About A.I. Plays Out on the Subway Walls Insurers hesitate at multibillion-dollar claims faced by OpenAI, Anthropic in AI lawsuits Slop factory worries about slop: MrBeast says AI could threaten creators' livelihoods, calling it 'scary times' for the industry CAN LARGE LANGUAGE MODELS DEVELOP GAMBLING ADDICTION? Sycophantic AI Decreases Prosocial Intentions and Promotes Dependence Have we passed peak social media? As Elon Musk Preps Tesla's Optimus for Prime Time, Big Hurdles Remain OpenAI signs huge chip deal with AMD, and AMD stock soars Google CodeMender Introducing the Gemini 2.5 Computer Use model Young People Are Falling in Love With Old Technology Our friend Glenn Hosts: Leo Laporte, Jeff Jarvis, and Paris Martineau Download or subscribe to Intelligent Machines at https://twit.tv/shows/intelligent-machines. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: zapier.com/machines agntcy.org fieldofgreens.com Promo Code "IM" pantheon.io

Willy sat down with renowned economist Dr. Peter Linneman for another installment of the Most Insightful Hour in CRE where they unpacked the latest insights from the Fall Linneman Letter. Peter shared his perspective on the forces shaping today's economy, including GDP growth, hidden weakness in the labor market, Fed rate cut predictions, whether deficits and government shutdowns really matter, the housing market, oil prices, and what the uneven real estate recovery means for investors across all asset classes. Learn more about your ad choices. Visit megaphone.fm/adchoices

From lawmakers cracking down on loud ads to Deloitte caught peddling AI-fabricated reports, this episode explores how tech's greatest promises and worst follies are colliding right now. No more loud commercials: Governor Newsom signs SB 576 | Governor of California ChatGPT Now Has 800 Million Weekly Active Users - Slashdot OpenAI will let developers build apps that work inside ChatGPT Senate Dem Report Finds Almost 100 Million Jobs Could Be Lost To AI - Slashdot Jony Ive's secretive AI hardware reportedly hit three problems Deloitte to refund Australian government after AI hallucinations found in report Anthropic and Deloitte Partner to Build AI Solutions for Regulated Industries America is now one big bet on AI The flawed Silicon Valley consensus on AI Data centers responsible for 92% of GDP growth in the first half of this year Martin Peers: The AI Profit Fantasy A Debate About A.I. Plays Out on the Subway Walls Insurers hesitate at multibillion-dollar claims faced by OpenAI, Anthropic in AI lawsuits Slop factory worries about slop: MrBeast says AI could threaten creators' livelihoods, calling it 'scary times' for the industry CAN LARGE LANGUAGE MODELS DEVELOP GAMBLING ADDICTION? Sycophantic AI Decreases Prosocial Intentions and Promotes Dependence Have we passed peak social media? As Elon Musk Preps Tesla's Optimus for Prime Time, Big Hurdles Remain OpenAI signs huge chip deal with AMD, and AMD stock soars Google CodeMender Introducing the Gemini 2.5 Computer Use model Young People Are Falling in Love With Old Technology Our friend Glenn Hosts: Leo Laporte, Jeff Jarvis, and Paris Martineau Download or subscribe to Intelligent Machines at https://twit.tv/shows/intelligent-machines. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: zapier.com/machines agntcy.org fieldofgreens.com Promo Code "IM" pantheon.io

From lawmakers cracking down on loud ads to Deloitte caught peddling AI-fabricated reports, this episode explores how tech's greatest promises and worst follies are colliding right now. No more loud commercials: Governor Newsom signs SB 576 | Governor of California ChatGPT Now Has 800 Million Weekly Active Users - Slashdot OpenAI will let developers build apps that work inside ChatGPT Senate Dem Report Finds Almost 100 Million Jobs Could Be Lost To AI - Slashdot Jony Ive's secretive AI hardware reportedly hit three problems Deloitte to refund Australian government after AI hallucinations found in report Anthropic and Deloitte Partner to Build AI Solutions for Regulated Industries America is now one big bet on AI The flawed Silicon Valley consensus on AI Data centers responsible for 92% of GDP growth in the first half of this year Martin Peers: The AI Profit Fantasy A Debate About A.I. Plays Out on the Subway Walls Insurers hesitate at multibillion-dollar claims faced by OpenAI, Anthropic in AI lawsuits Slop factory worries about slop: MrBeast says AI could threaten creators' livelihoods, calling it 'scary times' for the industry CAN LARGE LANGUAGE MODELS DEVELOP GAMBLING ADDICTION? Sycophantic AI Decreases Prosocial Intentions and Promotes Dependence Have we passed peak social media? As Elon Musk Preps Tesla's Optimus for Prime Time, Big Hurdles Remain OpenAI signs huge chip deal with AMD, and AMD stock soars Google CodeMender Introducing the Gemini 2.5 Computer Use model Young People Are Falling in Love With Old Technology Our friend Glenn Hosts: Leo Laporte, Jeff Jarvis, and Paris Martineau Download or subscribe to Intelligent Machines at https://twit.tv/shows/intelligent-machines. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: zapier.com/machines agntcy.org fieldofgreens.com Promo Code "IM" pantheon.io

PREVIEW HEADLINE: Questioning the Validity of China's Increased GDP Expectations GUEST NAME: Fraser Howie SUMMARY: John Batchelor speaks with Fraser Howie about the World Bank/IMF raising GDP expectations for China. Howie suggests these organizations reluctantly avoid public negativity about China and rely on models. He notes results depend entirely on inputs, calling the process "classic rubbish in, rubbish out."

     PREVIEW HEADLINE: Questioning the Validity of China's Increased GDP Expectations GUEST NAME: Fraser Howie SUMMARY: John Batchelor speaks with Fraser Howie about the World Bank/IMF raising GDP expectations for China. Howie suggests these organizations reluctantly avoid public negativity about China and rely on models. He notes results depend entirely on inputs, calling the process "classic rubbish in, rubbish out."

An extended U.S. government shutdown raises the risk for weaker growth potential. Our Global Head of Fixed Income Research and Public Policy Strategy Michael Zezas suggests key checkpoints that investors should keep in mind.Read more insights from Morgan Stanley.----- Transcript ----- Welcome to Thoughts on the Market. I'm Michael Zezas, Global Head of Fixed Income Research and Public Policy Strategy.Today: Three checkpoints we're watching for as the U.S. government shutdown continues. It's Wednesday, October 8th at 10:30am in New York. The federal government shutdown in the United States has crossed the one week mark. But if you're watching the markets, you might be surprised at how calm everything seems. Stocks are steady. Bond yields haven't moved much, and volatility's low. It's more or less the scenario my colleague Ariana and I had talked about in anticipation of the impasse in Washington. We'd noted the potential for uncertainty for investors and market reaction depending on how long the shutdown would last. So that raises a big question: what, if anything, about this government shutdown could shake investor confidence and start moving markets? The question is worth considering. Prediction markets now suggest the most likely outcome is that the government shutdown will not end for at least another week. And as we've seen in past shutdowns, the longer it drags on, the more likely it is to matter. That's because risks to the economic outlook start to accumulate, and investors eventually have to start pricing in a weaker growth outlook. There's a few checkpoints we're watching for – for when investors might start feeling this way. First, the missed paycheck for furloughed federal workers. The first instance of this comes in a few days. Less pay naturally means less spending. Studies suggest that spending among affected workers can drop by two to four percent during a shutdown. That's not huge for GDP at first; but it's a sign the shutdown is having effects beyond Washington, DC. Second, this time might be different because of potential layoffs. The administration has hinted that agencies could move to permanently cut staff — something we haven't seen before. Unions have already said they'd challenge that in court. But if those actions start, or even if legal uncertainty grows around them, it could raise the economic stakes. Third, we're watching for real disruptions to economic activity resulting from the shutdown. The last shutdown ended when air traffic in New York was curtailed due to a shortage of air traffic controllers. We're already seeing substantial air traffic delays across the country. More substantial delays or ground halts obviously impede economic activity related to travel. And if such actions don't coincide with signals from DC of progress in negotiating a bill to reopen the government, investors' concern could grow. So here's the bottom line: markets may be right to stay calm — for now. But the longer this shutdown lasts, the more likely one of these pressure points pushes investors to rethink their optimism. Thanks for listening. If you enjoy Thoughts on the Market, please leave us a review and tell your friends about the podcast. We want everyone to listen.

More on the circular nature of the recent AI deals. AI now accounts for more debt issuance than US banks. AI companies consider using the billions they've raised to pay off lawsuits since they can't get insurance. Another way OpenAI is the new Microsoft. And at the end? Look at that! A non-AI story! OpenAI, Nvidia Fuel $1 Trillion AI Market With Web of Circular Deals (Bloomberg) Nvidia's Huang says he's surprised AMD offered OpenAI 10% of company in ‘clever' deal (CNBC) At $1.2 Trillion, More High-Grade Debt Now Tied to AI Than Banks (Bloomberg) Without data centers, GDP growth was 0.1% in the first half of 2025, Harvard economist says (Fortune) Insurers balk at multibillion-dollar claims faced by OpenAI and Anthropic (Financial Times) OpenAI Sneezes, and Software Firms Catch a Cold (Wired) Amazon Pharmacy introduces kiosks that can quickly dispense medications at the doctor's office (GeekWire) Learn more about your ad choices. Visit megaphone.fm/adchoices

The Debt-to-GDP ratio of the world's largest economies is rising at a frightening pace as reckless deficit spending has become the order of the day.This is increasingly pushing investors into asset classes that offer protection from the inflation/loss of fiat currency purchasing power that results.Meanwhile, the gargantuan buildout of processing power and electricity generation & transmission need for AI is unleashing a global era of "Mine, Baby, Mine".This, also, is enticing investors to own natural resources. Combined together, these two trends paint a very compelling picture of relentless demand for hard assets for the foreseeable future.So, how to take advantage of this trend?Jonathan Wellum, founder of Rocklinc Investment Partners, Thoughtful Money's endorsed Canadian financial advisor, shares how his firm is positioning.For the details, watch this video.YOU CAN STILL GET THE 'LAST CHANCE TO SAVE' PRICE DISCOUNT FOR THE THOUGHTFUL MONEY FALL CONFERENCE AT https://thoughtfulmoney.com/conference#goldprice #oil #commodities _____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter.We produce educational content geared for the individual investor. It's important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer's unique goals, needs & risk tolerance.IMPORTANT NOTE: There are risks associated with investing in securities.Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.A security's or a firm's past investment performance is not a guarantee or predictor of future investment performance.Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC.Copyright © 2025 Thoughtful Money LLC. All rights reserved.