Podcast appearances and mentions of joe rennison

Our guest on the podcast today is New York Times economics reporter Talmon Smith. Before joining the Business desk, he was a staff editor for the Times Opinion section covering public policy, economics, and culture. He began his career as a researcher and visiting scholar at NYU's Journalism Institute and was assistant to the editor in chief at GQ magazine. He graduated from Tufts University with a major in history.BackgroundBioTwitter handle: @talmonsmithEconomy, Inflation, and the Great Wealth Transfer“ ‘I'm in Hot Demand, Baby': Nebraska Thrives (and Copes) With Low Unemployment,” By Talmon Joseph Smith, nytimes.com, April 1, 2022.“Job Openings Rose in April, Defying Cooling Trend,” by Talmon Joseph Smith, nytimes.com, May 31, 2023.“Companies Push Prices Higher, Protecting Profits but Adding to Inflation,” by Talmon Joseph Smith and Joe Rennison, nytimes.com, May 30, 2023.“Wages May Not Be Inflation's Cause, but They're the Focus of the Cure,” by Talmon Joseph Smith, seattletimes.com, April 7, 2023.“Even a Soft Landing for the Economy Might Be Uneven,” by Talmon Joseph Smith, buffalonews.com, Jan. 8, 2023.“As the Fed Raises Rates, Worries Grow About Corporate Bonds,” by Talmon Joseph Smith, nytimes.com, Nov. 11, 2022.“What Will Happen to Black Workers' Gains if There's a Recession?” by Talmon Joseph Smith, nytimes.com, Aug. 24, 2022.“Hiring Remains Strong Even as Fed Tries to Cool Economy,” by Talmon Joseph Smith, Lydia DePillis, and Jeanna Smialek, nytimes.com, June 3, 2022.“The Greatest Wealth Transfer in History Is Here, With Familiar (Rich) Winners,” by Talmon Joseph Smith, nytimes.com, May 14, 2023.

If you want your investments to match your principles should a threat to divest be part of your long-term strategy? In the fourth episode of our special five-part series on sustainable or ESG investing, produced in partnership with the FT's Moral Money team, the story of the California State Teachers' Retirement System, or Calstrs, and why its decision to divest from the US private prisons industry prompted tears and passionate discussion on the board.Joe Rennison, deputy US markets editor, assesses the long-term impact that divestment can have on companies, while Moral Money's Patrick Temple-West, Attracta Mooney, the FT's investment correspondent, and Lindsay Frost, a senior reporter at Agenda, an FT publication about the corporate board space, explain why divestment presents a conundrum for investors and whether passive investment funds are really compatible with ESG investing. JPMorgan funds invested in CoreCivic debt after vow to stop financing private prisonsBond funds wrestle with human rights dilemmaDivestment Concerns Creep In for More IndustriesCheck out stories and up-to-the-minute news from the Moral Money team here. Get 30 days of the premium Moral Money newsletter free, together with complimentary access to FT.com for the same period, visit www.ft.com/insideesgReview clips: Calstrs, NBC, Global News, PBS, AP, CBC News, The Guardian, CSPAN See acast.com/privacy for privacy and opt-out information.

If you want your investments to match your principles should a threat to divest be part of your long-term strategy? In the fourth episode of our special five-part series on sustainable or ESG investing, produced in partnership with the FT's Moral Money team, the story of the California State Teachers' Retirement System, or Calstrs, and why its decision to divest from the US private prisons industry prompted tears and passionate discussion on the board.Joe Rennison, deputy US markets editor, assesses the long-term impact that divestment can have on companies, while Moral Money's Patrick Temple-West, Attracta Mooney, the FT's investment correspondent, and Lindsay Frost, a senior reporter at Agenda, an FT publication about the corporate board space, explain why divestment presents a conundrum for investors and whether passive investment funds are really compatible with ESG investing. JPMorgan funds invested in CoreCivic debt after vow to stop financing private prisonsBond funds wrestle with human rights dilemmaDivestment Concerns Creep In for More IndustriesCheck out stories and up-to-the-minute news from the Moral Money team here. Get 30 days of the premium Moral Money newsletter free, together with complimentary access to FT.com for the same period, visit www.ft.com/insideesgReview clips: Calstrs, NBC, Global News, PBS, AP, CBC News, The Guardian, CSPAN See acast.com/privacy for privacy and opt-out information.

In the US, commercial mortgage backed securities are a $1.2tn market, and an integral part of how banks lend to commercial property owners. But as the pandemic and subsequent lockdowns changed almost every sector of the economy, commercial real estate has changed too. Hotels and retailers have been hit hard by the shutdown, and mortgage and rent payments they have deferred are coming due. The FT’s Joe Rennison explains what this means for the CMBS market. We also hear from two people who are helping lenders and landlords deal with the upheaval. See acast.com/privacy for privacy and opt-out information.

Mexico’s finance minister, Carlos Urzúa, resigns over differences with President Andrés Manuel López Obrador, Levi Strauss shares slip after IPO costs weigh on its second quarter earnings and Boris Johnson dodges questions about Brexit and US relations in a UK Conservative party leadership debate. Plus, the FT’s Joe Rennison tells us about a new menace popping up in the leveraged loan market. See acast.com/privacy for privacy and opt-out information.

Hong Kong’s chief executive has vowed to push ahead with an extradition bill that has sparked violence in the territory, UK party leadership frontrunner Boris Johnson says Britain would only leave the EU without a deal as “a last resort” and US President Donald Trump says Poland will build a facility to host 1,000 American troops. Plus, FT capital markets reporter Joe Rennison explains why US homeowners are rushing to refinance their mortgages. See acast.com/privacy for privacy and opt-out information.

There is a corner of the credit market that has started to worry regulators - leveraged loans. How does the $1.2tn leveraged loan market work and why do some say it could pose a risk to the financial system? The FT’s Colby Smith and Joe Rennison explain. Read more at FT.com/debtmachine. See acast.com/privacy for privacy and opt-out information.

Ben Bernanke, former chair of the Federal Reserve, earlier this week warned against reading the US yield curve, or the difference between short term and longer term Treasury yields, as an indicator of a looming recession. Joe Rennison explains how the shape of the yield curve has changed over the past year, and whether it indicates a forthcoming economic downturn. Read Joe's story here. See acast.com/privacy for privacy and opt-out information.

Shannon Bond explains why presidential campaigns are spending so much on social media platforms, Allison Schrager predicts how men will cope with a post-industrial economy, and Joe Rennison guides listeners through the Treasury flash crash of October 15th. Cardiff Garcia hosts. Credits: Rickperry.org and will.i.am Music Group. See acast.com/privacy for privacy and opt-out information.