Bloomberg
Get wide-ranging commentary on the latest in business, economics and politics on the Bloomberg Opinion podcast.
Jonathan Levin and John Authers join to discuss the Fed’s response to the inflation outlook for 2023 and beyond: fairly unanimous until it’s not. The market, too, a player in this game. David Fickling joins to discuss fusion, how it works (now that it does) and what’s to be done with that “BFD”, in the phrasing for Energy Secretary Granholm. See omnystudio.com/listener for privacy information.
We start in the US this week with John Authers explaining the Roman calendar is only tangentially related to market moves. But it is responsible for the hefty load of predictions arriving right about now. Stephen Mihm explains why The Bahamas is good at keeping secrets. Then we move to Kazakhstan, a country other countries need to be on good terms with. And finally Shuli Ren explains how taxation works in China, as the country prepares for an era of "common prosperity" while attempting to recover from Covid and Covid Zero. See omnystudio.com/listener for privacy information.
Clara Ferreira Marques joins to discuss the protests that erupted in China this week and how authorities are apt to handle the dissent. Barry Ritholtz joins to discusses markets in 2022 as we kick off the final month of the year. See omnystudio.com/listener for privacy information.
Alexis Leondis joins with a guide to making the most of this year's investing losses. We also speak with Shuli Ren on Xi Jinping's efforts to have big tech help with common prosperity. Stephen Mihm discusses how export controls have intersected with US foreign policy and how current controls will impact the US and Chinese economies. And Jonathan Levin dissects what Fed speakers will aim to say to the market before the next batch of data and the December 14th FOMC decision. See omnystudio.com/listener for privacy information.
We take a look at market short-covering and recap the Midterms. We also consider the hackneyed label: "The Next Warren Buffett." Cam Crise, Jonathan Bernstein, and Justin Fox join. See omnystudio.com/listener for privacy information.
As Midterm results trickle in, a deeply divided Congress is taking shape. Inter-party divides are also on display. Bloomberg Opinion's Jonathan Bernstein discusses the challenges the next Congress will face. See omnystudio.com/listener for privacy information.
Inflation slows, for now. Where will markets and the Fed go from here? And where exactly was the red wave? Are more permanent voting blocks forming? We explore those questions with Bloomberg Opinion's Jonathan Levin and Jonathan Bernstein. See omnystudio.com/listener for privacy information.
The balance of power in Washington is yet to be decided days after the Midterm elections. That's not what Republicans thought would happen as Election Day approached. Bloomberg Opinion's Jonathan Bernstein explains why the country didn't experience a "red wave" this election cycle. See omnystudio.com/listener for privacy information.
The Fed raises rates yet again. No surprise there, but its forward guidance was. And how much are Republicans and Democrats actually thinking about the economy when they head to the polls Tuesday? Jonathan Levin, Jonathan Bernstein, and Stephen Mihm join the conversation. See omnystudio.com/listener for privacy information.
We preview the 2022 Midterm Elections. What's at stake at the local, state and Federal levels? And how is radicalism driving voters to the polls? Jonathan Bernstein joins. See omnystudio.com/listener for privacy information.
Investors are closely monitoring a Fed pivot, but there's another pivot they should have their eyes on: leadership turnover in China and the UK. Shuli Ren and Adrian Wooldrige on those stories. And Alexis Leondis discusses another type movement... a physical kind. State migration in part motivated by high taxes. See omnystudio.com/listener for privacy information.
New UK Prime Minister Rishi Sunak will soon put forth his economic plan. Will it bring the stability the nation yearns for? Bloomberg Opinion's Adrian Wooldridge joins. See omnystudio.com/listener for privacy information.
A bold call from David Fickling on oil this week... see if you agree. We also examine data showing the beginnings of a shift in US consumer behavior with Jonathan Levin. And John Authers discusses why we haven't yet seen capitulation in equity markets. See omnystudio.com/listener for privacy information.
A hotter-than-expected September inflation print portends another jumbo rate hike. Today, we take a deep dive into the data, examining how inflation is influencing consumer behavior. We discuss with Jonathan Levin. See omnystudio.com/listener for privacy information.
Market participants will be on the alert for signs President Xi Jinping's Covid-zero policy might be nearing the end of its shelf-life when Xi addresses the 20th National Congress of the CPC this weekend. The chip war between the US and China ramped up this week with more restrictions from the US on Chinese semiconductor companies. Another hot CPI reading whipsaws markets. And David Fickling discusses food insecurity. John Authers, Shuli Ren, Tim Culpan and David Fickling join. See omnystudio.com/listener for privacy information.
Jonathan Bernstein joins to look at the midterms slate five weeks out. Clara Ferreira Marques discusses Jair Bolsonaro's performance in the first round of the Brazilian election relative to poll predictions, and why 'Bolsonarismo' looks like it will remain a force post-election, no matter the result. And Mike Regan takes the temperature of a very whippy market digesting more Fed speak and lower lows as Q4 begins. See omnystudio.com/listener for privacy information.
Dollar strength is fast becoming an Achilles heel for global economies, already grappling with geopolitical uncertainty and unmanageable inflation. Sterling’s plunge this week after a stunning HM Treasury announcement added a layer to FX market turmoil. Tom Orlik, Dan Moss and Andreea Papuc join. We also speak with Justin Fox on how labor market participation in the US could help the Fed. See omnystudio.com/listener for privacy information.
Markets were faced with streams of hawkish rhetoric this week. In Russia, Vladimir Putin ordered the mobilization of reservists and, again, hinted at nuclear options. In Washington, Fed Chair Jerome Powell, again, signaled the Fed would crush inflation at the expense of growth, and delivered another 75 bps hike. Admiral James Stavridis, Jonathan Levin and John Authers join. See omnystudio.com/listener for privacy information.
This week we discuss market maneuvers post-CPI and pre-FOMC with John Authers. Clara Ferreira Marques discusses Putin’s options as domestic criticism emerges and President Xi fails to offer public acknowledgment of, or support for, Putin’s war. And Justin Fox notices a trend in one industry that illuminates changes in the US labor force. See omnystudio.com/listener for privacy information.
The Fed is about to enter its traditional pre-FOMC blackout period, so speakers were plentiful this week. We speak with Conor Sen about whether traders are pricing in the right move in September. Clara Ferreira Marques joins to analyze Vladimir Putin's propaganda agenda via RT. And Shuli Ren considers how China could learn lessons on growth from its Communist neighbor Vietnam. See omnystudio.com/listener for privacy information.