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Odd Lots
Odd Lots
Bloomberg

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and... more

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Episodes

Steven Rattner on the UAW Strike and the Challenges of Bidenomics

When the US auto industry needed a restructuring or bailout in 2009, the Obama administration tapped former banker and investor... more

22 Sep 2023 · 51 minutes
Morgan Housel on the New Way We Think About Money

When generations undergo any kind of collective life-changing event, it shapes how people think about money -- and how they... more

21 Sep 2023 · 41 minutes
Oaktree's Wayne Dahl on Credit Markets Right Now

In theory, the Federal Reserve operates by tightening the supply of credit. Or at least making it more close. Yet... more

18 Sep 2023 · 36 minutes
Lots More With Neil Dutta

For those who can't get enough Odd Lots, we're now offering you... "Lots More." This new podcast show, appearing on... more

15 Sep 2023 · 27 minutes
Senator Chris Coons on How to Fix Our Response to Avian Flu

Last year, consumers around the country experienced an explosion in the price of eggs, in part due to an outbreak... more

14 Sep 2023 · 33 minutes
Bill Gross on the End of the Great Bond Bull Market

Bill Gross became known as the Bond King during his legendary, multi-decade run at Pimco, eventually growing the company to... more

13 Sep 2023 · 47 minutes
What Rising Rates and Surging Insurance Prices Are Doing to Real Estate

In some respects, the real estate market has been surprisingly resilient in the face of rising interest rates. Homebuilders have... more

11 Sep 2023 · 50 minutes
Self-Driving Cars Might Finally Be For Real This Time

A decade ago, there was a lot of hype about self driving cars. In fact, there was more interest in... more

07 Sep 2023 · 36 minutes
This Is How New York City Gets Its Produce

Certain people claim that New York City has a reputation for... not having the best fruits and vegetables. This is... more

04 Sep 2023 · 59 minutes
Hyun Song Shin on the New Financial Stability Risks

At Jackson Hole, the Kansas City Fed's annual gathering for economists and central bankers, there's a lot of focus on... more

31 Aug 2023 · 41 minutes
Adam Posen Has a Warning on the Danger of Bidenomics

The Biden administration has undertaken an aggressive effort to revitalize domestic manufacturing, particularly in areas like semiconductors and green technology.... more

30 Aug 2023 · 49 minutes
Barry Eichengreen on the New Era of High Government Debt

In recent years, the absolute level of government debt around the world has risen dramatically. The Covid emergency unleashed a... more

29 Aug 2023 · 38 minutes
Darrell Duffie On How to Fix the World’s Most Important Market

In the global financial system, US Treasuries play a special role. They’re basically as close to cash as a financial... more

28 Aug 2023 · 47 minutes
This Is What We Just Learned In Jackson Hole

On Friday, Federal Reserve Chair Jerome Powell gave his much-anticipated speech at the Kansas City Fed Monetary Policy Symposium in... more

26 Aug 2023 · 33 minutes
BONUS EPISODE: Bloomberg Surveillance in Jackson Hole

Bloomberg Surveillance comes to the Odd Lots podcast!  Listen for a special edition of Bloomberg Surveillance from the Federal Reserve's... more

25 Aug 2023 · 45 minutes
Why Tractor Supply Is One of the Most Interesting Retailers On the Planet

Tractor Supply Co. has grown from a small mail order business set up in the 1930s into the biggest farm... more

24 Aug 2023 · 44 minutes
The Four Big Structural Forces Holding Back China's Economy

The Chinese economy is in a slump. Industrial production is down. Retail sales are down. The property industry continues to... more

21 Aug 2023 · 45 minutes
Here's How the New Weight Loss Drugs Could Change Everything

There's a new class of weight-loss drugs in town. GLP-1 medications including Ozempic, Wegovy and Mounjaro were created to treat... more

17 Aug 2023 · 55 minutes
How Economic Complexity Explains Which Countries Become Rich

Why do some countries become rich while others stagnate? And can you predict which countries become wealthy in advance of... more

14 Aug 2023 · 51 minutes
Paul Krugman on UFOs, AI and Room Temperature Superconductors

There have been a number of news stories lately that seem straight out of science fiction. We've heard claims before... more

11 Aug 2023 · 48 minutes
The Two Strikes That Ground Hollywood to a Halt

Movie and TV productions have come to a nearly complete stop in Hollywood. Both the Screen Actors Guild and the... more

10 Aug 2023 · 46 minutes
What the UAW Wants From Its Fight With the Big Three

On September 14, the contract between the United Auto Workers and the Big Three carmakers (GM, Ford and Stellantis) is... more

07 Aug 2023 · 49 minutes
The Chinese EV Maker That's Selling More Cars Than Tesla

In the US, Tesla remains far and away the dominant maker of electric vehicles. But on a global scale, the... more

03 Aug 2023 · 49 minutes
DOJ's Jonathan Kanter on the Bidenomics Approach to Antitrust

A key plank of the Biden administration's "Bidenomics" involves stronger antitrust enforcement and we've seen the White House empower agencies... more

31 Jul 2023 · 59 minutes
The Massive Shift Underway in the US Banking System

When Silicon Valley Bank imploded, there was a lot of talk about the future of regional and community banks in... more

27 Jul 2023 · 46 minutes
Are We About to See the Shortest Housing Cycle Ever?

Last year, as the Federal Reserve hiked rates to the highest levels in decades, there were lots of warnings about... more

24 Jul 2023 · 37 minutes
How to Build the Ultimate GPU Cloud to Power AI

Artificial Intelligence is all the rage right now and most of the investor excitement has so far been focused on... more

20 Jul 2023 · 52 minutes
Josh Wolfe on Where Investors Will Make Money in AI

We're in the midst of an AI mania of sorts. In public markets, investors are placing bets on the companies... more

17 Jul 2023 · 58 minutes
Understanding the Real Fight Over Water in Arizona

Arizona recently announced new constraints on housing development in the areas around Phoenix. At issue is water rights and scarcity,... more

14 Jul 2023 · 47 minutes
An Arizona Farmer on How to Grow Alfalfa in the Middle of the Desert

Due to a combination of drought, climate change and booming growth, Arizona is facing looming water scarcity. But for all... more

13 Jul 2023 · 42 minutes
Richard Koo on China's Risk of 'Japanification'

Richard Koo literally wrote the book on balance sheet recessions, or the idea that large levels of debt can weigh... more

10 Jul 2023 · 49 minutes
What It Really Takes to Convert an Office Building Into Apartments

Big cities like New York have two real estate problems. Housing is scarce and office buildings are empty (or at... more

06 Jul 2023 · 46 minutes
Jared Bernstein on the Next Stage of Bidenomics

President Biden recently made it clear that what we're seeing play out in the economy now is the result of... more

04 Jul 2023 · 31 minutes
Bridgewater's Greg Jensen on AI, Inflation and What Markets Are Getting Wrong

Every industry is trying to figure out just how AI or Large Language Models can be used to do business.... more

03 Jul 2023 · 57 minutes
Zoltan Pozsar on His Next Big Move and the Coming Monetary Divorce

Zoltan Pozsar has built a reputation for covering the intricacies of money markets. For the past eight years, he published... more

30 Jun 2023 · 52 minutes
What Ben McKenzie Learned When He Started Investigating Crypto

When the pandemic struck in 2020, the actor Ben McKenzie (who you might know from The OC and Gotham) had... more

29 Jun 2023 · 50 minutes
James Montier Explains Why Corporate Profits Keep Going Up

More than a decade ago, GMO strategist James Montier published a paper predicting that corporate profit margins were destined to... more

26 Jun 2023 · 40 minutes
Why Saudi Arabia Is Spending Millions on Soccer Stars

Saudi Arabia has been spending hundreds of millions of dollars snapping up international soccer stars in recent months, including legendary... more

23 Jun 2023 · 47 minutes
This Is How Finance and Banking Worked Before Computers

We're used to thinking of modern finance as practically synonymous with computers. Banks are basically just big collections of Excel... more

22 Jun 2023 · 44 minutes
Josh Younger on the Surprising Origins of Eurodollars and Petrodollars

De-dollarization is all the rage right now, with lots of talk about whether the US currency will be able to... more

19 Jun 2023 · 51 minutes
Steve Eisman on Banks, AI and His Next Big Bet

Steve Eisman is known for having bet against the housing market prior to the Great Financial Crisis in a trade... more

16 Jun 2023 · 52 minutes
The Eyeball-Scanning Plan Designed to Save Us From AI

There are all kinds of societal concerns emerging out of the rise of artificial intelligence. Will it put us all... more

15 Jun 2023 · 50 minutes
This Is What Happens When Governments Build Software

There's a lot of frustration about the government's ability to build things in the US. Subways. Bridges. High-speed rail. Electricity... more

12 Jun 2023 · 1 hour, 1 minute
Brad Setser on How World Trade Changed In the Last Three Years

A lot has happened since we last spoke to Brad Setser in April 2020, towards the beginning of the Covid-19... more

09 Jun 2023 · 57 minutes
Isabella Weber on the Big Rethink of Inflation

Earlier this year, Odd Lots talked about the idea of companies taking advantage of bottlenecks and other disruptions to raise... more

08 Jun 2023 · 46 minutes
Jim Grant Sees an Era of Higher Rates That Could Last For Years

If you think interest rates seem high right now, you might be operating with too short of a perspective. For... more

05 Jun 2023 · 42 minutes
Counterfeiting Scandals Keep Slamming the Commodities Market

Earlier this year, it emerged that the London Metals Exchange had been holding a bunch of bags filled with stones... more

01 Jun 2023 · 49 minutes
This Is How We'll Know If the CHIPS Act Is Working

The US government is spending billions of dollars to build out state-of-the-art domestic semiconductor manufacturing capacity. But spending money is... more

29 May 2023 · 52 minutes
Slack Founder Stewart Butterfield on AI, Software, and the End of the Tech Boom

Stewart Butterfield has been at the forefront of two epochal turning points for tech. First, he was the co-founder of... more

25 May 2023 · 44 minutes
On the Debt Ceiling, the White House Is Doing What It Said It Wouldn't Do

In 2011, then-Vice President Biden had a front row seat to a bruising debt ceiling standoff between President Barack Obama... more

24 May 2023 · 43 minutes
What Needs to Happen for the Renminbi to Seriously Compete With the Dollar

There's a lot of discussion these days about de-dollarization and whether the US dollar will lose its standing as the... more

22 May 2023 · 46 minutes
We're In the Midst of Trucking Bloodbath 2.0

A couple of years ago, it was an amazing time to have a truck or be a trucker. The goods... more

19 May 2023 · 47 minutes
CFTC Chair Rostin Behnam on the Fight to Regulate Crypto

We're still in the middle of a "crypto winter" with the price of coins well off their highs from back... more

18 May 2023 · 47 minutes
The CME's Terry Duffy on the Big Risks He's Seeing Now

Terry Duffy is the chairman and CEO of CME Group, the world's biggest derivatives exchange and a trading behemoth whose... more

15 May 2023 · 51 minutes
Introducing - Spellcaster: The Fall of Sam Bankman-Fried

Coming soon: When nerdy gamer Sam Bankman-Fried rocketed to fame as the world’s richest 29-year-old, he pledged to donate his... more

12 May 2023 · 2 minutes
Ben Smith on the End of an Era for Digital Media

The 2010s saw the rise of a number of digital media startups like BuzzFeed News, Gawker Media, Vice, Business Insider... more

12 May 2023 · 49 minutes
The Fed Hiked Rates Rapidly and Housing Is as Broken as Ever

The Federal Reserve has hiked rates rapidly over the last 18 months, and yet inflation remains surprisingly high. Perhaps what's... more

11 May 2023 · 47 minutes
Inside the Battle for Chips That Will Power Artificial Intelligence

Nobody knows for sure who is going to make all the money when it comes to artificial intelligence. Will it... more

08 May 2023 · 58 minutes
Care Work in the United States Has Been Broken for Years

Disruptions caused by the pandemic have revealed deep flaws in our supply chain for physical goods. Certain market failures that... more

04 May 2023 · 49 minutes
The White Oak Shortage That Could Ruin the Bourbon Industry

Some supply chain crises are acute. A bottleneck at the ports. A shortage of semiconductors. These can get fixed, to... more

01 May 2023 · 47 minutes
Why the Desire to Move Away From the Dollar Is Getting Real

There's been a lot of discussion about the possibility of "de-dollarization," or the idea that the world could move away... more

27 Apr 2023 · 38 minutes
Here Are the Signs of a Slow-Moving Credit Crunch

The big headlines from March's banking crisis have receded and balances at some of the Federal Reserve's emergency lending facilities,... more

24 Apr 2023 · 45 minutes
Pot Lots Part 3: Righting the Wrongs of the Past

Marijuana has been legalized in a number of places in the US now, but what New York is trying to... more

20 Apr 2023 · 33 minutes
Pot Lots Part 2: The Business of Big Cannabis

In some respects, selling legalized cannabis should be like many other consumer goods business. You make a product people recognize... more

20 Apr 2023 · 22 minutes
Pot Lots Part 1: Birth of a Marijuana Market

New York City has long been seen as a holy grail for the legal weed industry, with millions of potential... more

20 Apr 2023 · 22 minutes
So Much of the World Economy Has Been Going in Reverse

Over time, we expect the world to get richer. Yes, there are disruptions and setbacks (and we have seen several... more

17 Apr 2023 · 45 minutes
Eight Months In, What Is Happening With Biden's CHIPS Act?

In August of last year, the White House signed the CHIPS and Science Act of 2022, a bipartisan effort to... more

13 Apr 2023 · 48 minutes
What Commercial Real Estate Stress Means for Banks and Bond Funds

In the last month or so, two macro risks have become top of mind for investors. One is the stability... more

10 Apr 2023 · 47 minutes
Nassim Taleb on What Bitcoiners, Anti-Vaxxers and Deadlift Maxis All Get Wrong

Nassim Taleb has never been shy about expressing his viewpoints on a wide range of topics. But lately he's been... more

06 Apr 2023 · 55 minutes
The NYC Landlord Who Says the "Golden Age" of Being a Landlord Is Over

For the most part, being a landlord, particularly in a major city, has been a good business to be in.... more

03 Apr 2023 · 41 minutes
Odd Lots
Pot Lots Part 1: Birth of a Marijuana Market
Odd Lots
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Listen now on

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Description

New York City has long been seen as a holy grail for the legal weed industry, with millions of potential customers. And... more