Odd Lots
Detajet e Kanalit
Odd Lots
Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.
Episode të Fundit
1112 episode
D.A. Wallach Explains Why Biotech VC Is So Different
Most people think of venture capital as funding software startups or, these days, some new AI tool. But VC also plays a major role in developing new m...
This Is What It Takes to Get a Data Center Financed
Data centers are weird things. They're partly real estate assets. They're partly extremely advanced technological products. And they have to find a wa...
Dan Ivascyn Is Excited About a New Era in Fixed Income
In the years since the financial crisis, bond investors didn't get much return for taking on risk. With low interest rates and little sign of inflatio...
How Microsoft Excel Conquered Corporate America
Excel. If you work in corporate America, that word either inspires laser-focused productivity or pure dread. Over the last 40 years, the spreadsheet s...
Affirm's Max Levchin Breaks Down How Buy Now, Pay Later Really Works
Max Levchin probably knows as much about online payments as anyone. He was part of the original "PayPal mafia" before going on to become co-founder an...
AI Can Tell Us Something About Credit Market Weakness
There have been some wobbles in credit markets lately. It hasn't been too dramatic, but we've had some blowups, leading Jamie Dimon to speculate about...
Travis Kavulla Explains Why Electric Bills Shot Up
There's an incredible amount of focus on the grid this days. That's notable because for a long time, the grid was hardly of any interest. For years, l...
This Is Why Credit Card Interest Rates Are So High
Some people pay off their credit cards at the end of each month. They use the cards as a payment method and collect points and rewards, and never have...
Graham Allison on the Risks of a US-China War
The US and China are in a "Thucydides Trap," whereby the risk of war is heightened when an established power is threatened by a rapidly rising power....
Ray Dalio on the Five Forces That Make This a Historical Moment
You're not imagining it. This really is a moment of tremendous historical change. Various forces are all aligned right now and reshaping how the world...
Risky Business Preview
Here’s a preview of another podcast we enjoy, Risky Business with Nate Silver and Maria
Konnikova. Risky Business is a weekly podcast about maki...
Why America's Cattle Ranchers Keep Getting Squeezed
The country's cattle herd has shrunk to its smallest size in decades and beef prices have been soaring this year, with hamburgers and steaks becoming...
What Susan Collins Wants to See Before Supporting Another Rate Cut
In early November, it looked like almost a sure thing that the Federal Reserve would cut rates. Since then, the odds have come in dramatically, as a n...
Tyler Cowen on Why AI Hasn't Changed the World Yet
In many respects, AI technology is already mind-blowing, and can perform many tasks far better than the average person. And yet by and large, its impa...
The Politics of AI Are About to Explode
AI wasn't much of a topic in the 2024 election. But it will almost certainly be big in 2028, and probably even the 2026 midterms. There are concerns a...
Jeffrey Gundlach Says Almost All Financial Assets Are Now Overvalued
Stocks are overpriced. Bonds are overpriced. And private assets are a powder keg. This is the view of Jeffrey Gundlach, the founder and CEO of DoubleL...
Citi's Dirk Willer on How You Know When the Bubble Is Over
According to Dirk Willer, the Global Head of Macro Strategy at Citigroup, we are definitely in bubble territory. Per his research, the stock market ha...
Why Paul Kedrosky Says AI Is Like Every Bubble All Rolled Into One
In recent weeks, there's been renewed anxiety about the sustainability of the AI boom. This is partly due to comments from OpenAI CFO Sarah Friar abou...
Cliff Asness on How Markets Got Dumber in the Last 10 Years
The Odd Lots podcast has been around for 10 years. Unfortunately, markets have gotten less rational over the same time frame. At least this is the con...
Jerry Neumann on the Problem With Investing in AI Right Now
AI has made a lot of people fabulously wealthy. But sorry, it's probably not going to be the thing that makes you rich. And if history is any guide, w...
How Chinese Real Estate Became the Biggest Bubble in History
Land is a weird asset. We need it to be affordable because everyone needs somewhere to live. But for many people, real estate is also their biggest st...
The Viral Milk That Helped Set Off America's Protein Boom
Protein seems to be everywhere these days, with brands from Starbucks to Pepsi jumping on the trend. But the obsession with protein may have started e...
Lots More on the Worsening State of the US Labor Market
If the government were open, we'd be getting a jobs report today. But as it is, we're in this blackout of official economic data. That's unfortunate,...
Dmitry Shevelenko on Perplexity's Vision for Reshaping the Internet
The news business isn't a great one these days. At least for a lot of legacy outlets (newspapers, cable networks, print magazines etc.), the Internet...
San Francisco's New Mayor on Homelessness, Unaffordability, and AI
New York City is about to elect a new mayor, and whoever it is will have to address growing challenges like unaffordability, homelessness, and other b...
How Hudson River Trading Actually Uses AI
Unfortunately, it doesn't seem as though you can get great stock picks just by going to ChatGPT and asking it to recommend some investments. And yet f...
The Movement That Wants Us to Care About AI Model Welfare
You hear a lot about AI safety, and this idea that sufficiently advanced AI could pose some kind of threat to humans. So people are always talking abo...
Why It's Still So Expensive to Build Homes in America
Everyone has an opinion on why housing is so expensive in America -- and to be fair, there are probably a lot of reasons for it. But one simple factor...
The Hidden Supply Chain Making Every Menu Feel Familiar
If you go out to eat at a restaurant, whether it's a fast food chain or a Michelin-starred bistro, there's a good chance the ingredients on your plate...
Daniel Yergin on What Happened to the Energy Transition
A few years ago, governments and corporations were brimming with optimism about the prospect of getting to net-zero in the efforts against climate cha...
Why The World Started Hedging Its US Dollar Exposure
Some economists expected that the dollar would strengthen when the tariffs were imposed. Instead, the opposite happened. The dollar fell sharply and i...
Olli Rehn on the Big Competitiveness Challenge Facing Europe
The 2010s saw economic weakness across Europe's periphery. Countries like Greece, Spain, Italy, and so forth were the sites of so much stress. In the...
Raghuram Rajan on Surging Gold and Growing Risks to Financial Stability
Gold has been surging. Risky assets (with a few minor hiccups) have also been surging. And yet, central bankers (most notably the Fed) are in rate cut...
Introducing: The Mishal Husain Show
Make sense of the world with one essential conversation, every week. Mishal Husain, one of Britain's best interviewers, brings her signature blend of...
A Trip to Alaska With San Fran Fed President Mary Daly
Earlier this year, we traveled along with San Francisco Fed President Mary Daly on a trip to Alaska. You may remember the episodes we did with Mary at...
Why the Trump Administration is Now Taking Equity Stakes in American Companies
It's nothing new for the US government to use public money to support private American companies. The Biden administration, via CHIPS and the Inflatio...
Why Argentina Needs Bailout After Bailout After Bailout
Argentina is getting bailed out again, with $40 billion of help from the Trump administration. Of course, this is a recurring phenomenon for Argentina...
Andrew Ross Sorkin on the Stock Market Crash That Shattered America
Almost everyone is talking about us possibly being in a bubble. Regardless of how AI investment ultimately pan out, there is an incredible amount of r...
John Ganz on the Era When America Was Consumed by Panic With Corporate Japan
These days, there's a non-stop drumbeat of concern that China and its dominant companies will eat America's economic lunch, so to speak. Of course, th...
Why the Price of Money Surged in the Last 6 Years
What changed between 2019 and 2025? Why are interest rates so much higher? Why does it seem virtually unfathomable that the Fed will return to ZIRP an...