How To Run A Bowling Alley-Arcade-Restaurant-Bar In The Middle Of A Pandemic
17 Aug 2020
Contributed by Lukas
The pandemic has been brutal for restaurants and other indoor entertainment venues. So imagine runni...
The ECB’s Former Vice-President Explains The Historic Step That Europe Just Took
10 Aug 2020
Contributed by Lukas
For years, people have identified the lack of fiscal transfers and fiscal burden sharing as one of t...
Viktor Shvets On Why There’s No Going Back To Pre-COVID Capitalism
06 Aug 2020
Contributed by Lukas
In light of the massive disruption to the economy, there’s a widespread view that things have been...
Why Investors Keep Losing Money Betting Against The Hong Kong Dollar Peg
03 Aug 2020
Contributed by Lukas
For years, macro hedge fund managers have been stalking the Hong Kong Dollar. Since 1983, the curren...
How They’re Really Making Money On Your Free Robinhood Trades
30 Jul 2020
Contributed by Lukas
With so many people working at home, bored, and with no sports to bet on, there’s been an incredib...
Introducing: Blood River
28 Jul 2020
Contributed by Lukas
The killers of Berta Caceres had every reason to believe they’d get away with murder. More than 10...
How A Professional Writer Turned Herself Into A World Class Poker Player
27 Jul 2020
Contributed by Lukas
Switching careers is always difficult. But former New Yorker staff writer Maria Konnikova did it in ...
Meet The Mayor Who Printed His Own Currency To Fight The Virus
20 Jul 2020
Contributed by Lukas
With the virus crushing economic activity, local governments have had to cut spending and rely on Fe...
Why Studying Keynes Is More Important Than Ever
13 Jul 2020
Contributed by Lukas
In response to the economic crisis, governments around the world have engaged in stimulative policie...
How The Government Can Guarantee Everyone A Job And Fix The Unemployment Crisis Immediately
09 Jul 2020
Contributed by Lukas
Officially, the US unemployment rate stands at 11%. This is higher than the worst levels of the fina...
Why The World Is Getting Angrier, And What Says About The Economy
06 Jul 2020
Contributed by Lukas
The world has gotten angrier in recent years, and the coronavirus crisis seems likely to have accele...
Hyun Song Shin On What Central Banks Have Learned From The Crisis
02 Jul 2020
Contributed by Lukas
Central banks and fiscal authorities around the world have taken extraordinary measures to stem the ...
This Is Why The China Bubble Never Seems To Pop
29 Jun 2020
Contributed by Lukas
For years and years, the Chinese economy has been characterized as a bubble, with too much debt, and...
Introducing Foundering
25 Jun 2020
Contributed by Lukas
Adam Neumann had a vision: to make his startup WeWork a wildly successful company that would change ...
What The Black Death And Spanish Flu Can Tell Us About What Comes Next
22 Jun 2020
Contributed by Lukas
Nobody knows what the post-COVID future looks like. But there are some lessons to be learned from pr...
Chamath Palihapitiya Says A Reckoning Is Coming For Big Tech
18 Jun 2020
Contributed by Lukas
Chamath Palihapitiya is the CEO of Social Capital, the Chairman of Virgin Galactic and a partial own...
Domino’s: This Is How A Pizza Chain Stock Did Just As Well As Google
15 Jun 2020
Contributed by Lukas
In the summer of 2004, Google went public and, as everyone knows, it’s done phenomenally well. Wha...
Why You Can’t Blame The Fed For Ultra-Low Interest Rates And Soaring Asset Prices
11 Jun 2020
Contributed by Lukas
One of the characteristics of the pre-crisis (and perhaps also the post-crisis) economy is the prese...
Two Investors Did A Tour Of The Globe To Find The Best Place To Put Their Money
08 Jun 2020
Contributed by Lukas
As many active fund managers have discovered in recent years, it’s extremely hard to find a sustai...
This Is What Happened To LIBOR During The COVID Crisis
05 Jun 2020
Contributed by Lukas
Welcome to Part V of the Odd Lots LIBOR series, in which Tracy Alloway and Joe Weisenthal take a loo...
How The Transition Away From LIBOR Is Actually Going
04 Jun 2020
Contributed by Lukas
Welcome to Part IV of the Odd Lots LIBOR series, in which Tracy Alloway and Joe Weisenthal take a lo...
The Case for AMERIBOR As The Replacement for LIBOR
03 Jun 2020
Contributed by Lukas
Welcome to Part III of the Odd Lots LIBOR series, in which Tracy Alloway and Joe Weisenthal take a l...
This Is The Index That's Supposed To Replace LIBOR
02 Jun 2020
Contributed by Lukas
Welcome to Part II of the Odd Lots LIBOR series, in which Tracy Alloway and Joe Weisenthal take a lo...
Meet the Man Who Blew the Whistle on LIBOR
01 Jun 2020
Contributed by Lukas
Welcome to the Odd Lots LIBOR series, in which Tracy Alloway and Joe Weisenthal take a look at life ...
Here’s Who Really Benefits From The Dominance Of The U.S. Dollar
28 May 2020
Contributed by Lukas
When people talk about the dominance of the U.S. dollar in global commerce, they often refer to it a...
Three Sovereign Debt Experts Explain How The World Can Instantly Bring Aid To Emerging Markets
25 May 2020
Contributed by Lukas
The economic crisis will result in an extraordinary amount of pain for emerging markets. In addition...
What The Weak Recovery In Japan Can Teach Us About Re-Igniting The U.S. Economy
21 May 2020
Contributed by Lukas
Even with the recent stock market rally, expectations are poor for a robust recovery in the U.S. So ...
Mark Cuban On Why The Government Should Directly Hire Millions Of People
18 May 2020
Contributed by Lukas
How should the government address the economic crisis? On this episode, we talk with Mark Cuban, the...
The Coronavirus Crisis Could Lead To The Mother Of All Trade Imbalances
14 May 2020
Contributed by Lukas
With the acute phase of the health crisis having faded in China, factory activity has ramped up agai...
Richard Koo Explains Why The Recovery Will Be So Difficult
11 May 2020
Contributed by Lukas
Countries around the world are undergoing an unprecedented, simultaneous real economic shock. So how...
What the Market Crash Says About How Investing Works
07 May 2020
Contributed by Lukas
We’ve seen a huge market crash this year and a number of firms reporting portfolio losses. So why ...
Nouriel Roubini Sees A Bad Recovery, Then Inflation, Then A Depression
04 May 2020
Contributed by Lukas
During the last crisis, the economist Nouriel Roubini earned the nickname “Dr. Doom” for his omi...
How To Fund The Search For A COVID-19 Vaccine And Boost The Recovery
30 Apr 2020
Contributed by Lukas
The hunt is on for a clinical therapy to prevent or treat COVID-19. But what’s the best way to go ...
Adam Tooze On How This Crisis Is Different Than The Last
27 Apr 2020
Contributed by Lukas
In 2018, Columbia history professor Adam Tooze published his magisterial work “Crashed”, which f...
How The Coronavirus Crisis Pushed The Fed Into Truly Uncharted Territory
23 Apr 2020
Contributed by Lukas
The fate of the economy remains extremely unclear. However there is little doubt that the Fed has ta...
Emerging Markets Have Never Experienced A Crisis Like This Before
20 Apr 2020
Contributed by Lukas
With major economies around the world coming to a screeching halt, emerging markets are in a squeeze...
Why The War On Physical Cash Is A War On Freedom
17 Apr 2020
Contributed by Lukas
Commerce and payments are increasingly digital. This shift from physical to electronic is one that g...
Marco Rubio On The Effort To Save Jobs And Get People Working Again
15 Apr 2020
Contributed by Lukas
At the end of March, Congress passed the CARES Act in an attempt to mitigate some of the massive eco...
How To Stop The Fiscal Emergency Facing U.S. Cities And States
13 Apr 2020
Contributed by Lukas
With the U.S. economy going into a deep slump, the Federal government has attempted to counteract th...
Here’s What’s Happening With Those Korean Structured Notes That Bet Against Market Volatility
09 Apr 2020
Contributed by Lukas
Earlier this year on Odd Lots, we did an episode about Korean structured investment products that we...
Tom Barrack On The Crisis In The Commercial Real Estate Market
06 Apr 2020
Contributed by Lukas
The commercial real estate market has been clobbered in this crisis, as restaurants and stores virtu...
Zoltan Pozsar and Perry Mehrling On The Historic Crisis Of Financial Market Plumbing
30 Mar 2020
Contributed by Lukas
The plumbing of the financial system is coming under strain like never before. On this week’s podc...
How The Crisis Nearly Blew Up One Of The World’s Safest Trades
26 Mar 2020
Contributed by Lukas
In normal times, U.S. Treasuries are the ultimate safe haven. They are highly liquid and guaranteed ...
A Longstanding Fear About The Corporate Debt Market May Finally Be Coming True
23 Mar 2020
Contributed by Lukas
For a long time, people have been warning that corporate debt could be the major source of vulnerabi...
How A Macro Manager Is Trading On One Of The Wildest Markets In History
19 Mar 2020
Contributed by Lukas
Markets around the world are so extremely volatile that nobody can think of any perfect precedent. T...
How Saudi Arabia Delivered A Blow To U.S. Shale Companies At The Worst Possible Moment
16 Mar 2020
Contributed by Lukas
Saudi Arabia recently announced that it was engaging in a full-on price war by pumping oil like craz...
How To Stop The Recession From Happening Right Now
12 Mar 2020
Contributed by Lukas
The U.S. is on the verge of an economic crisis due to the coronavirus, as people and businesses aggr...
Did Passive Investing Fuel A Bubble In Ultra-Large Tech Stocks?
09 Mar 2020
Contributed by Lukas
Questions continue to arise over the effect of passive investing, and whether or not it's somehow di...
How A Profane Subreddit Moved The Market
05 Mar 2020
Contributed by Lukas
In recent weeks, before the stock market plunged, a page on reddit called r/WallStreetBets suddenly ...
How Iraq Pulled Off One Of The Biggest Sovereign Debt Restructurings Of All Time
02 Mar 2020
Contributed by Lukas
There are lots of famous debt crises in history, but the story of Iraq's government debt build-up in...
This Is What The Coronavirus Means For The Chinese Supply Chain
26 Feb 2020
Contributed by Lukas
Apple's recent revenue warning reminded the world of how exposed the company is to China, and in par...
The Jeweler From Uncut Gems Explains Why People Go Crazy For Gold And Diamonds
24 Feb 2020
Contributed by Lukas
One of the best recent movies was Uncut Gems, in which Adam Sandler plays a Diamond District jeweler...
What the Coronavirus Means for Pandemic Bonds
17 Feb 2020
Contributed by Lukas
Back in 2017, the World Bank issued the world's first pandemic bonds. The bonds are meant to shift s...
Why The Rise of Passive Investing Might Be Distorting The Market
10 Feb 2020
Contributed by Lukas
Over the last decade or so, we've seen an incredible rise in so-called passive investing. While defi...
How To Use Fiscal Stimulus To Stave Off The Next Recession
03 Feb 2020
Contributed by Lukas
There's a growing consensus that governments need to act more aggressively in using fiscal policy to...
Perry Mehrling Explains Why "The Money View" Is Key To Understanding Financial Markets
27 Jan 2020
Contributed by Lukas
Even to this day, there are economists who don't understand money or don't think that money is an im...
Why The Transition To Clean Energy Is Happening A Lot Faster Than People Realize
24 Jan 2020
Contributed by Lukas
At the recent World Economic Forum in Davos, there was a lot of talk about the need to change the wo...
How An Exotic Investment Product Sold In Korea Could Create Havoc In The U.S. Options Market
20 Jan 2020
Contributed by Lukas
What's the connection between low global interest rates, Korean retail investors, and the U.S. optio...
What It's Like To Be An Investor In Iran's Market Right Now
13 Jan 2020
Contributed by Lukas
Iran's stock market is one of the most unfamiliar equity markets in the world. With Iran under strin...
Introducing Prognosis Season 4: America's Broken Health-Care Costs
09 Jan 2020
Contributed by Lukas
Americans are paying more and getting less for their health care than ever before. On the new season...
Why So Many Emerging Markets Are Blowing Up Right Now
06 Jan 2020
Contributed by Lukas
From Argentina to Chile to Lebanon, we're seeing a high degree of political and economic uncertainty...
Why It's A Big Problem That Economists Still Don't Understand Money
30 Dec 2019
Contributed by Lukas
The severity of the Great Financial Crisis took economists by surprise, particularly the ones who be...
A Human Rights Activist Explains Why Bitcoin Is So Important to His Work
23 Dec 2019
Contributed by Lukas
When people think about Bitcoin, they often think about neo-goldbugs who hate inflation and the Fede...
How Online Dating Is Reshaping the Entire Economy
16 Dec 2019
Contributed by Lukas
By this point, everybody knows that online dating is a massive phenomenon, reshaping the social habi...
How Nearly Two Decades Of Fed Policy Contributed To Bubbles, Busts, And A Boom In Debt
09 Dec 2019
Contributed by Lukas
Many people like to claim that the Federal Reserve is responsible for the high degree of leverage an...
How Bond Defaults Are Changing China's Markets
02 Dec 2019
Contributed by Lukas
For years, defaults were few and far between in China's corporate bond market. Most investors though...
This is How Economic Crisis and Precarity Shaped the Millennial Generation
25 Nov 2019
Contributed by Lukas
How do Millennials view investing and spending? How do the rising costs of healthcare, education, an...
How A Former 'Magic: The Gathering' Player Became the Top Tournament Poker Player Of All Time
18 Nov 2019
Contributed by Lukas
According to the website The Hendon Mob, the top tournament poker player of all time is the American...
Why The Repo Markets Went Crazy, And Why December Could Be Even Worse
11 Nov 2019
Contributed by Lukas
Back in September, chaos erupted in short-term funding markets, as the cost for financial institutio...
An Anthropologist Explains How Wall Street Culture Reshaped The Entire Economy
04 Nov 2019
Contributed by Lukas
Where did the notion come from that the obligation of a company's management is to maximize sharehol...
Why Taiwanese Life Insurers Are The Great 'Whodunit' Of The Financial World
28 Oct 2019
Contributed by Lukas
You probably haven't thought much about the Taiwanese life insurance industry. Why would you have? B...
Coming Soon: Travel Genius Season 2
25 Oct 2019
Contributed by Lukas
Bloomberg's Travel Genius podcast is back! After clocking another hundred-thousand miles in the sky,...
How Private Sector Balance Sheets Changed Recessions
21 Oct 2019
Contributed by Lukas
Can the U.S. economy have a recession without it turning into a crisis? In the old days, such garden...
Why Governments Haven't Learned The Lessons Of Japan
14 Oct 2019
Contributed by Lukas
It's well known that Japan has (until recently) been mired in years of mediocre economic growth. And...
The Odd Lots Variety Show
07 Oct 2019
Contributed by Lukas
On September 19, 2019, Odd Lots hosted its first-ever live event at the WNYC Greene Space in downtow...
Introducing Stephanomics Season 2
01 Oct 2019
Contributed by Lukas
Stephanie Flanders, head of Bloomberg Economics, returns to bring you another season of on-the-groun...
How Financial Repression in China Helped Cause the Trade War
30 Sep 2019
Contributed by Lukas
For years, China has experienced blistering growth. Driven by an investment-heavy economic model, th...
What Businesses Can Learn From the Collapse of Civilizations
23 Sep 2019
Contributed by Lukas
History is littered with collapsed civilizations ranging from the Maya to Angkor Wat. But what can...
Why The Dominant U.S. Dollar Refuses To Go Away
16 Sep 2019
Contributed by Lukas
For years, people have been predicting the demise of the U.S. dollar as the global reserve currency....
Huw van Steenis On What Central Banks Will Do Next
09 Sep 2019
Contributed by Lukas
Last month, central bankers gathered at the annual Economic Symposium in Jackson Hole, Wyoming. A lo...
Why Value Investing Has Been Doing Terribly
02 Sep 2019
Contributed by Lukas
One of the oldest, most basic strategies in investing is value investing, which, for lack of a bette...
Introducing Prognosis Season 3: Superbugs
27 Aug 2019
Contributed by Lukas
On this new season of Prognosis, we look at the spread of infections that are resistant to antimicro...
How to Forecast the Future
26 Aug 2019
Contributed by Lukas
Every day, people are bombarded with predictions of what will happen in the future. In recent months...
John Hempton on What's Ailing Bank Stocks
19 Aug 2019
Contributed by Lukas
We live in a world of generally expensive stock markets and bank equities trading at 30-year lows. S...
What Negative Interest Rates Mean for the World
12 Aug 2019
Contributed by Lukas
The amount of negative-yielding debt keeps climbing and now includes bonds issued by emerging market...
How Science Fiction Explains the U.S.-China Trade War
05 Aug 2019
Contributed by Lukas
It's no secret that a lot of the trade tensions between the U.S. and China have centered on technolo...
Here's How People Are Using Cryptocurrency in Venezuela
29 Jul 2019
Contributed by Lukas
Last month, Facebook announced it was launching its own cryptocurrency called Libra. Facebook says L...
The Bullish Case for WeWork
22 Jul 2019
Contributed by Lukas
Of all the “unicorn” startups in recent years, perhaps none induces more skepticism than WeWork....
Why A Longtime Bull Just Flipped Very Bearish On The Stock Market
15 Jul 2019
Contributed by Lukas
There's always bears out there predicting that the stock market will tank. But many of them aren't w...
What Bitcoin Has To Do With The Dream Of Cryonics
08 Jul 2019
Contributed by Lukas
Bitcoin has been around for roughly a decade now, but people have been working on the dream of an an...
Why a Strong Dollar Causes Most of the World Major Pain
01 Jul 2019
Contributed by Lukas
The vast majority of global trade is still denominated in U.S. dollars, making cross-border flows ab...
One of Hong Kong's Most Famous Investors Gives His Vision of the City's Future
24 Jun 2019
Contributed by Lukas
There's been a series of historic marches in Hong Kong, with millions of people taking to the street...
How Auction Guarantees Are Changing The World Of Art
17 Jun 2019
Contributed by Lukas
Famous, unique pieces of art are inherently illiquid. They don't sell very often, and pricing is inh...
What Boy Band Sensation BTS Can Teach Us About Economics
10 Jun 2019
Contributed by Lukas
South Korean boy band BTS is rarely connected to economics, but as the biggest success to come out o...
Why President Trump's Move Against Huawei Is Such A Big Deal
03 Jun 2019
Contributed by Lukas
Earlier this month, President Trump escalated the trade tensions against China by limiting exports o...
Bloomberg Presents "What Goes Up"
29 May 2019
Contributed by Lukas
“What Goes Up” is a new show from Bloomberg that tracks the main themes influencing global marke...
Meet The Godfather Of Cryptocurrency
27 May 2019
Contributed by Lukas
Bitcoin has been around for about ten years. But the dream of a decentralized, anonymous digital cur...
Bloomberg and Wondery Present: The Shrink Next Door
23 May 2019
Contributed by Lukas
Marty Markowitz had his share of problems. His parents had recently died. He had troubles at work. A...
Behind the Scenes of Financial Fraud
20 May 2019
Contributed by Lukas
If you lived in NYC a few decades ago, you probably have heard of Crazy Eddie, an electronics retail...
What the Russian Revolution Can Teach Us About Bond Bubbles
13 May 2019
Contributed by Lukas
When talking government bond defaults, plenty of people think of Argentina and Greece. But the bigge...