Odd Lots

Bloomberg’s Joe Weisenthal and Tracy Alloway take you on a not-so random weekly walk through hot topics in markets, finance and economics.
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When people talk about the dominance of the U.S. dollar in global commerce, they often refer to it as a unique privilege of the Unied States that its…
The economic crisis will result in an extraordinary amount of pain for emerging markets. In addition to the health disruption, the global economic co…
Even with the recent stock market rally, expectations are poor for a robust recovery in the U.S. So what does history teach us about what works and w…
How should the government address the economic crisis? On this episode, we talk with Mark Cuban, the Shark Tank co-host and billionaire owner of the …
With the acute phase of the health crisis having faded in China, factory activity has ramped up again. One big problem though: With the economy so de…
Countries around the world are undergoing an unprecedented, simultaneous real economic shock. So how should policymakers respond? Richard Koo is the …
We’ve seen a huge market crash this year and a number of firms reporting portfolio losses. So why were so many big investors crowded into the same tr…
During the last crisis, the economist Nouriel Roubini earned the nickname “Dr. Doom” for his ominous prognostications about the economy and financial…
The hunt is on for a clinical therapy to prevent or treat COVID-19. But what’s the best way to go about this? How can governments accelerate this pro…
In 2018, Columbia history professor Adam Tooze published his magisterial work “Crashed”, which framed the Great Financial Crisis as essentially a cri…
The fate of the economy remains extremely unclear. However there is little doubt that the Fed has taken dramatic steps to arrest the crisis. Not only…
With major economies around the world coming to a screeching halt, emerging markets are in a squeeze of historic proportions. Not only are they being…
Commerce and payments are increasingly digital. This shift from physical to electronic is one that governments and businesses are eager to accelerate…
At the end of March, Congress passed the CARES Act in an attempt to mitigate some of the massive economic devastation being caused by the coronavirus…
With the U.S. economy going into a deep slump, the Federal government has attempted to counteract the pain by increasing spending. But for cities and…
Earlier this year on Odd Lots, we did an episode about Korean structured investment products that were sold to retail investors, whose performance wa…
The commercial real estate market has been clobbered in this crisis, as restaurants and stores virtually shut down entirely throughout the month of M…
The plumbing of the financial system is coming under strain like never before. On this week’s podcast, we speak with two legendary experts on how the…
In normal times, U.S. Treasuries are the ultimate safe haven. They are highly liquid and guaranteed to pay out. So when people want to hide out durin…
For a long time, people have been warning that corporate debt could be the major source of vulnerability in today's economy. And the market meltdown …
Markets around the world are so extremely volatile that nobody can think of any perfect precedent. There are shades of the Great Recession, 1987, the…
Saudi Arabia recently announced that it was engaging in a full-on price war by pumping oil like crazy. At one point, after the move, the price of Bre…
The U.S. is on the verge of an economic crisis due to the coronavirus, as people and businesses aggressively pull back on spending. On this week's Od…
Questions continue to arise over the effect of passive investing, and whether or not it's somehow distorting the market. On this week's episode, we s…
In recent weeks, before the stock market plunged, a page on reddit called r/WallStreetBets suddenly started exhibiting enormous influence on a handfu…
There are lots of famous debt crises in history, but the story of Iraq's government debt build-up in the 1980s and subsequent restructuring in the ea…
Apple's recent revenue warning reminded the world of how exposed the company is to China, and in particular its factories. As the coronavirus continu…
One of the best recent movies was Uncut Gems, in which Adam Sandler plays a Diamond District jeweller with an addiction to gambling and risk. It turn…
Back in 2017, the World Bank issued the world's first pandemic bonds. The bonds are meant to shift some of the financial risk of a global pandemic on…
Over the last decade or so, we've seen an incredible rise in so-called passive investing. While definitions differ over what this means, we've seen m…
There's a growing consensus that governments need to act more aggressively in using fiscal policy to stave off the next recession, and that monetary …
Even to this day, there are economists who don't understand money or don't think that money is an important aspect of the economy. They see the world…
At the recent World Economic Forum in Davos, there was a lot of talk about the need to change the world's energy usage in order to address climate ch…
What's the connection between low global interest rates, Korean retail investors, and the U.S. options market? On this week's Odd Lots podcast, we di…
Iran's stock market is one of the most unfamiliar equity markets in the world. With Iran under stringent U.S. sanctions, it's hard to even find data …
From Argentina to Chile to Lebanon, we're seeing a high degree of political and economic uncertainty among emerging market economies. On this week's …
The severity of the Great Financial Crisis took economists by surprise, particularly the ones who believed that markets were largely stable and self-…
When people think about Bitcoin, they often think about neo-goldbugs who hate inflation and the Federal Reserve. But beyond the financial case for it…
By this point, everybody knows that online dating is a massive phenomenon, reshaping the social habits of the young and the single. But perhaps peopl…
Many people like to claim that the Federal Reserve is responsible for the high degree of leverage and speculation in the economy. But the mechanism v…
For years, defaults were few and far between in China's corporate bond market. Most investors thought that the Chinese government would never let com…
How do Millennials view investing and spending? How do the rising costs of healthcare, education, and housing affect their economic outlook? How does…
According to the website The Hendon Mob, the top tournament poker player of all time is the American Bryn Kenney, who has won a staggering $55.5 mill…
Back in September, chaos erupted in short-term funding markets, as the cost for financial institutions to borrow reserves soared. Immediately a major…
Where did the notion come from that the obligation of a company's management is to maximize shareholder returns, even if it means pain for workers? O…
You probably haven't thought much about the Taiwanese life insurance industry. Why would you have? But they're among the most fascinating entities in…
Can the U.S. economy have a recession without it turning into a crisis? In the old days, such garden variety recessions were fairly common. These day…
It's well known that Japan has (until recently) been mired in years of mediocre economic growth. And policymakers and economists use Japan as a warni…
On September 19, 2019, Odd Lots hosted its first-ever live event at the WNYC Greene Space in downtown New York City. With an all-star lineup of guest…
For years, China has experienced blistering growth. Driven by an investment-heavy economic model, this growth has limited household income while subs…
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