Podcast appearances and mentions of patrick foulis

Goldman once dominated Wall Street. In 2009, after the financial crisis, when most financial institutions were left reeling, Goldman had its best year ever. It appeared an apex-predator, one that could outsmart its rivals in even the toughest environments. But the last decade has been humbling for Goldman.On this week's podcast, hosts Alice Fulwood, Tom Lee-Devlin and Mike Bird ask what is going wrong with Goldman Sachs. We hear how the bank grew from a basement office selling promissory notes in downtown Manhattan to become the most revered name on Wall Street. Analyst Steven Chubak tells us when things changed for Goldman, and how it is trying to adapt. And The Economist's Patrick Foulis says the bank's mystique is at odds with its “mediocre, pedestrian and humdrum” valuation.Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at www.economist.com/moneytalks For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer Hosted on Acast. See acast.com/privacy for more information.

Goldman once dominated Wall Street. In 2009, after the financial crisis, when most financial institutions were left reeling, Goldman had its best year ever. It appeared an apex-predator, one that could outsmart its rivals in even the toughest environments. But the last decade has been humbling for Goldman.On this week's podcast, hosts Alice Fulwood, Tom Lee-Devlin and Mike Bird ask what is going wrong with Goldman Sachs. We hear how the bank grew from a basement office selling promissory notes in downtown Manhattan to become the most revered name on Wall Street. Analyst Steven Chubak tells us when things changed for Goldman, and how it is trying to adapt. And The Economist's Patrick Foulis says the bank's mystique is at odds with its “mediocre, pedestrian and humdrum” valuation.Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at www.economist.com/moneytalks For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer Hosted on Acast. See acast.com/privacy for more information.

The world's financial markets are going through their most painful adjustment since the global financial crisis. Global stock markets have sold off sharply and bond markets are on course for their worst year since 1949. The British pound briefly fell to its lowest level ever against the dollar. And the Japanese government has intervened to prop up the value of the yen for the first time since 1998. What's underlying this shift?On this week's episode, hosts Alice Fulwood, Mike Bird and Soumaya Keynes are joined by our business affairs editor Patrick Foulis to parse the fallout from this month's synchronous decision by the majority of the world's central banks to raise interest rates. They'll look at the idiosyncrasies of two outliers: Britain, where the government's tax cuts are at odds with the Bank of England's desire to reign in prices, and Japan, where the central bank recently decided to keep rates negative. Plus, Blue Bay Asset Management's chief investment officer Mark Dowding explains why he's decided to bet against sterling. And former Bank of Japan policy committee member Goushi Kataoka outlines why he thinks a weak yen could spell opportunity for Japan's ailing economy.Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at www.economist.com/moneytalks For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer Hosted on Acast. See acast.com/privacy for more information.

The world's financial markets are going through their most painful adjustment since the global financial crisis. Global stock markets have sold off sharply and bond markets are on course for their worst year since 1949. The British pound briefly fell to its lowest level ever against the dollar. And the Japanese government has intervened to prop up the value of the yen for the first time since 1998. What's underlying this shift?On this week's episode, hosts Alice Fulwood, Mike Bird and Soumaya Keynes are joined by our business affairs editor Patrick Foulis to parse the fallout from this month's synchronous decision by the majority of the world's central banks to raise interest rates. They'll look at the idiosyncrasies of two outliers: Britain, where the government's tax cuts are at odds with the Bank of England's desire to reign in prices, and Japan, where the central bank recently decided to keep rates negative. Plus, Blue Bay Asset Management's chief investment officer Mark Dowding explains why he's decided to bet against sterling. And former Bank of Japan policy committee member Goushi Kataoka outlines why he thinks a weak yen could spell opportunity for Japan's ailing economy.Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at www.economist.com/moneytalks For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer Hosted on Acast. See acast.com/privacy for more information.

The 1990 opening of a McDonald's in Russia heralded not just burgers and fries but, get this, a new era of peace and prosperity. The Economist's Patrick Foulis explains how the promises of globalization never entirely materialized. This episode was produced by Avishay Artsy, edited by Matt Collette, fact-checked by Laura Bullard with help from Victoria Dominguez, engineered by Paul Mounsey, and hosted by Noel King. Transcript at vox.com/todayexplained   Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices

This week the global elite gathered in Davos for the World Economic Forum against a backdrop of rising commodity prices, soaring inflation and conflict in Europe. Host Anne McElvoy assesses the economic fallout with Patrick Foulis, The Economist's business affairs editor, and our finance and economics editor, Rachana Shanbhogue. Anne also talks to Adena Friedman, CEO of the Nasdaq stock exchange, to gauge the outlook for the markets. Plus, historian Adam Tooze on the changing economic world order. Please subscribe to The Economist for full access to print, digital and audio editions:www.economist.com/podcastoffer See acast.com/privacy for privacy and opt-out information.

This week the global elite gathered in Davos for the World Economic Forum against a backdrop of rising commodity prices, soaring inflation and conflict in Europe. Host Anne McElvoy assesses the economic fallout with Patrick Foulis, The Economist's business affairs editor, and our finance and economics editor, Rachana Shanbhogue. Anne also talks to Adena Friedman, CEO of the Nasdaq stock exchange, to gauge the outlook for the markets. Plus, historian Adam Tooze on the changing economic world order. Please subscribe to The Economist for full access to print, digital and audio editions:www.economist.com/podcastoffer See acast.com/privacy for privacy and opt-out information.

In response to Russia's invasion of Ukraine, the West imposed unprecedented financial sanctions, effectively freezing the reserve assets of Russia. This triggered chaos in Russia's economy and prompted president Vladimir Putin to make nuclear threats, sending shock waves around the world. Will Russia weaponise energy and cut off its oil and gas supplies to the West? And, having crossed the Rubicon, the West has a new potent weapon—its use is being watched very carefully by China.The Economist's global energy and climate innovation editor, Vijay Vaitheeswaran, hosts with senior editor Matthew Valencia, business affairs editor Patrick Foulis and Juan Zarate, American former deputy national security adviser and author of “Treasury's War”.Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at economist.com/moneytalks For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer See acast.com/privacy for privacy and opt-out information.

In response to Russia's invasion of Ukraine, the West imposed unprecedented financial sanctions, effectively freezing the reserve assets of Russia. This triggered chaos in Russia's economy and prompted president Vladimir Putin to make nuclear threats, sending shock waves around the world. Will Russia weaponise energy and cut off its oil and gas supplies to the West? And, having crossed the Rubicon, the West has a new potent weapon—its use is being watched very carefully by China.The Economist's global energy and climate innovation editor, Vijay Vaitheeswaran, hosts with senior editor Matthew Valencia, business affairs editor Patrick Foulis and Juan Zarate, American former deputy national security adviser and author of “Treasury's War”.Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at economist.com/moneytalks For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer See acast.com/privacy for privacy and opt-out information.

Russian tanks have poured into Ukraine in what is all-out war. Host Anne McElvoy asks The Economist's editor-in-chief Zanny Minton Beddoes, defence editor Shashank Joshi and business affairs editor Patrick Foulis whether Ukraine's defensive capabilities can withstand Russian forces, and we assess Vladimir Putin's endgame. Also, we analyse the financial fallout of war and the effectiveness of Western-imposed sanctions.Please subscribe to The Economist for full access to print, digital and audio editions:www.economist.com/podcastoffer See acast.com/privacy for privacy and opt-out information.

Russian tanks have poured into Ukraine in what is all-out war. Host Anne McElvoy asks The Economist's editor-in-chief Zanny Minton Beddoes, defence editor Shashank Joshi and business affairs editor Patrick Foulis whether Ukraine's defensive capabilities can withstand Russian forces, and we assess Vladimir Putin's endgame. Also, we analyse the financial fallout of war and the effectiveness of Western-imposed sanctions.Please subscribe to The Economist for full access to print, digital and audio editions:www.economist.com/podcastoffer See acast.com/privacy for privacy and opt-out information.

While big tech and Wall Street are breaking records, main-street businesses are struggling to survive; governments and central banks must decide whether they can afford to dig deeper to help. Six months into the pandemic, host Rachana Shanbhogue asks Patrick Foulis, The Economist's business affairs editor, Wall Street correspondent Alice Fulwood and Vijay Vaitheeswaran, US business editor, is it time for repeat prescriptions or a new economic diagnosis?Please subscribe to The Economist for full access to print, digital and audio editions:www.economist.com/podcastoffer See acast.com/privacy for privacy and opt-out information.

While big tech and Wall Street are breaking records, main-street businesses are struggling to survive; governments and central banks must decide whether they can afford to dig deeper to help. Six months into the pandemic, host Rachana Shanbhogue asks Patrick Foulis, The Economist's business affairs editor, Wall Street correspondent Alice Fulwood and Vijay Vaitheeswaran, US business editor, is it time for repeat prescriptions or a new economic diagnosis?Please subscribe to The Economist for full access to print, digital and audio editions:www.economist.com/podcastoffer See acast.com/privacy for privacy and opt-out information.

Lockdowns worldwide have brought the automobile industry to a standstill. Hakan Samuelsson, the CEO of Volvo, explains why the solution to the crisis will not be as simple as getting factories moving again. Host Rachana Shanbhogue asks Simon Wright, industry editor, and Patrick Foulis, business affairs editor, whether carmakers can still afford to invest in the cutting-edge technologies that could transport them to a greener, safer future. Has the world passed peak car?Read The Economist’s full coverage of the coronavirus.For access to The Economist’s print, digital and audio editions subscribe: www.economist.com/radiooffer See acast.com/privacy for privacy and opt-out information.

Lockdowns worldwide have brought the automobile industry to a standstill. Hakan Samuelsson, the CEO of Volvo, explains why the solution to the crisis will not be as simple as getting factories moving again. Host Rachana Shanbhogue asks Simon Wright, industry editor, and Patrick Foulis, business affairs editor, whether carmakers can still afford to invest in the cutting-edge technologies that could transport them to a greener, safer future. Has the world passed peak car?Read The Economist’s full coverage of the coronavirus.For access to The Economist’s print, digital and audio editions subscribe: www.economist.com/radiooffer See acast.com/privacy for privacy and opt-out information.

The Federal Reserve has cut interest rates in the face of increasing concern about the economic impact of the new coronavirus. It follows warnings from forecasters that the outbreak could tip some countries into recession. What more needs to be done to prevent a full-scale downturn? The Economist’s Europe economics correspondent Rachana Shanbhogue asks Patrick Foulis, business affairs editor; Alice Fulwood, American finance correspondent; and Henry Tricks, Schumpeter columnistPlease subscribe to The Economist for full access to print, digital and audio editions:www.economist.com/radiooffer See acast.com/privacy for privacy and opt-out information.

The Federal Reserve has cut interest rates in the face of increasing concern about the economic impact of the new coronavirus. It follows warnings from forecasters that the outbreak could tip some countries into recession. What more needs to be done to prevent a full-scale downturn? The Economist’s Europe economics correspondent Rachana Shanbhogue asks Patrick Foulis, business affairs editor; Alice Fulwood, American finance correspondent; and Henry Tricks, Schumpeter columnistPlease subscribe to The Economist for full access to print, digital and audio editions:www.economist.com/radiooffer See acast.com/privacy for privacy and opt-out information.

At the World Economic Forum, which celebrates its 50th anniversary, The Economist’s editor-in-chief Zanny Minton Beddoes, Anne McElvoy and Patrick Foulis debate the future of the annual alpine gathering. How did a young academic’s pet project come to be seen as the ultimate A-list bash for global CEOs, political leaders and celebrities alike? Anne McElvoy speaks to the CEO of Youtube, Susan Wojcicki, actress and activist Priyanka Chopra Jonas and Natalia Vodianova, a supermodel and philanthropist, about what they achieve at Davos and the mission behind the glamour. Is it a forum for effective decision-making—or just a week in the snow for the global elite? And finally, snowboots or stilettos?Please subscribe to The Economist for full access to print, digital and audio editions: www.economist.com/radiooffer See acast.com/privacy for privacy and opt-out information.

At the World Economic Forum, which celebrates its 50th anniversary, The Economist’s editor-in-chief Zanny Minton Beddoes, Anne McElvoy and Patrick Foulis debate the future of the annual alpine gathering. How did a young academic’s pet project come to be seen as the ultimate A-list bash for global CEOs, political leaders and celebrities alike? Anne McElvoy speaks to the CEO of Youtube, Susan Wojcicki, actress and activist Priyanka Chopra Jonas and Natalia Vodianova, a supermodel and philanthropist, about what they achieve at Davos and the mission behind the glamour. Is it a forum for effective decision-making—or just a week in the snow for the global elite? And finally, snowboots or stilettos?Please subscribe to The Economist for full access to print, digital and audio editions: www.economist.com/radiooffer See acast.com/privacy for privacy and opt-out information.

From pickled radishes to red knickers, we take a break from the news of the moment to look back over the peaks and troughs of the past year in business, finance and economics. Our merry panel of Helen Joyce, The Economist’s finance editor, Patrick Foulis, our business affairs editor, and Schumpeter columnist Henry Tricks join Philip Coggan, otherwise known as Bartleby, for a riotous ride through the stories of the year. And, fortified with mulled wine and chocolate coins, they offer their predictions for 2020Please subscribe to The Economist for full access to print, digital and audio editions: www.economist.com/radiooffer See acast.com/privacy for privacy and opt-out information.

From pickled radishes to red knickers, we take a break from the news of the moment to look back over the peaks and troughs of the past year in business, finance and economics. Our merry panel of Helen Joyce, The Economist’s finance editor, Patrick Foulis, our business affairs editor, and Schumpeter columnist Henry Tricks join Philip Coggan, otherwise known as Bartleby, for a riotous ride through the stories of the year. And, fortified with mulled wine and chocolate coins, they offer their predictions for 2020Please subscribe to The Economist for full access to print, digital and audio editions: www.economist.com/radiooffer See acast.com/privacy for privacy and opt-out information.

Patrick Foulis, business affairs editor for The Economist, discusses the top global economic trends to watch and gives us a glimpse into the inner workings of the 176-year-old publication. See how the sausage gets made, including the importance of hiring intellectual rebels and writing good puns.

In his palatial headquarters, Ren Zhengfei, founder and CEO of the Chinese telecommunications giant, explains how the American boycott has hurt Huawei and how he will fight back. He outlines plans to sell Huawei’s 5G technology to Western companies, allowing them to compete on a level playing field. David Rennie, The Economist’s Beijing bureau chief, and Patrick Foulis, our business affairs editor, also ask Mr Ren about the US-China trade war, unfettered access to the internet in China and the protests in Hong Kong. And, does he plan to retire any time soon? Anne McElvoy hosts See acast.com/privacy for privacy and opt-out information.

In his palatial headquarters, Ren Zhengfei, founder and CEO of the Chinese telecommunications giant, explains how the American boycott has hurt Huawei and how he will fight back. He outlines plans to sell Huawei’s 5G technology to Western companies, allowing them to compete on a level playing field. David Rennie, The Economist’s Beijing bureau chief, and Patrick Foulis, our business affairs editor, also ask Mr Ren about the US-China trade war, unfettered access to the internet in China and the protests in Hong Kong. And, does he plan to retire any time soon? Anne McElvoy hosts See acast.com/privacy for privacy and opt-out information.

Deutsche Bank plans to create a new division, a “bad bank”, which will hold tens of billions of euros of assets as part of an overhaul of it is operations. Will the remaining firm become profitable enough to satisfy regulators and investors? And the growing concern in China over balancing the books at a local level. Also, our correspondent takes a trip to Citeco — France’s museum of economics. Patrick Foulis hosts See acast.com/privacy for privacy and opt-out information.

Deutsche Bank plans to create a new division, a “bad bank”, which will hold tens of billions of euros of assets as part of an overhaul of it is operations. Will the remaining firm become profitable enough to satisfy regulators and investors? And the growing concern in China over balancing the books at a local level. Also, our correspondent takes a trip to Citeco — France’s museum of economics. Patrick Foulis hosts See acast.com/privacy for privacy and opt-out information.

At the World Economic Forum in Davos, Anne McElvoy asks our editor-in-chief Zanny Minton Beddoes and Patrick Foulis, author of the cover story, why globalisation has run out of steam and what will future economic growth look like? See acast.com/privacy for privacy and opt-out information.

At the World Economic Forum in Davos, Anne McElvoy asks our editor-in-chief Zanny Minton Beddoes and Patrick Foulis, author of the cover story, why globalisation has run out of steam and what will future economic growth look like? See acast.com/privacy for privacy and opt-out information.

Anne McElvoy asks Zanny Minton-Beddoes, Editor-in-Chief, and Patrick Foulis, US Business Editor, is President Trump in Davos to brag or show he's serious? Also, late night dancing and the 'global elite' slipping in snow. See acast.com/privacy for privacy and opt-out information.

Anne McElvoy asks Zanny Minton-Beddoes, Editor-in-Chief, and Patrick Foulis, US Business Editor, is President Trump in Davos to brag or show he's serious? Also, late night dancing and the 'global elite' slipping in snow. See acast.com/privacy for privacy and opt-out information.

Anne McElvoy and Daniel Franklin return with another special looking forward to the year ahead. This week, they tackle business and economics. Patrick Foulis looks back at a prediction for last year, and looks ahead to the year for American firms; correspondents from across Asia make their predictions for emerging markets; investors weigh in on how Brexit looks from China and why it could be a big year for big cars See acast.com/privacy for privacy and opt-out information.

Anne McElvoy and Daniel Franklin return with another special looking forward to the year ahead. This week, they tackle business and economics. Patrick Foulis looks back at a prediction for last year, and looks ahead to the year for American firms; correspondents from across Asia make their predictions for emerging markets; investors weigh in on how Brexit looks from China and why it could be a big year for big cars See acast.com/privacy for privacy and opt-out information.

Patrick Foulis asks if a break-up is on the cards as General Electric appoints a new CEO. Also, Uber is on a collision course as it grapples with management problems. Why confidence among European companies is sky high. And tension in global trade in aluminium. Hosted by Philip Coggan. See acast.com/privacy for privacy and opt-out information.

Patrick Foulis asks if a break-up is on the cards as General Electric appoints a new CEO. Also, Uber is on a collision course as it grapples with management problems. Why confidence among European companies is sky high. And tension in global trade in aluminium. Hosted by Philip Coggan. See acast.com/privacy for privacy and opt-out information.

Our New York bureau chief Patrick Foulis argues Donald Trump should relinquish any control over his businesses before moving into the White House. Also on the show: There’s a new set of reforms worrying Europe’s beleaguered banks and why economists are not immune to fads. Simon Long hosts See acast.com/privacy for privacy and opt-out information.

Our New York bureau chief Patrick Foulis argues Donald Trump should relinquish any control over his businesses before moving into the White House. Also on the show: There’s a new set of reforms worrying Europe’s beleaguered banks and why economists are not immune to fads. Simon Long hosts See acast.com/privacy for privacy and opt-out information.

Patrick Foulis joins host Simon Long to take a look at the financial gymnastics keeping Elon Musk's business empire afloat. Also: the shadow economies that need a fuse of transparency and private equity's socialist secret See acast.com/privacy for privacy and opt-out information.

Patrick Foulis joins host Simon Long to take a look at the financial gymnastics keeping Elon Musk's business empire afloat. Also: the shadow economies that need a fuse of transparency and private equity's socialist secret See acast.com/privacy for privacy and opt-out information.