Money Talks from The Economist-logo

Money Talks from The Economist

The Economist

Our editors and correspondents give their authoritative take on the markets, the economy and the world of business. Published every Wednesday by Economist Podcasts.

Our editors and correspondents give their authoritative take on the markets, the economy and the world of business. Published every Wednesday by Economist Podcasts.

Location:

London, United Kingdom

Networks:

The Economist

Description:

Our editors and correspondents give their authoritative take on the markets, the economy and the world of business. Published every Wednesday by Economist Podcasts.

Language:

English


Episodes

Money Talks: Worse than the average bear (market)

5/18/2022
The beginning of 2022 has been particularly brutal for stock markets. The S&P 500 had its worst April since 1970, the past seven weeks have marked the Dow Jones Industrial Average’s longest losing streak since 1980, and the tech-heavy Nasdaq has fallen 20% from its peak, putting it officially in bear market territory. This week, hosts Mike Bird, Alice Fulwood and Soumaya Keyes start small then zoom out. First, they look at what’s behind the crypto crash and hear from one unlucky investor...

Duration:00:41:50

Money Talks: Out of gas

5/11/2022
Russia’s trade surplus has continued to grow, even in the wake of Western sanctions. It’s now forecast to be double what it was last year. That’s prompted an acknowledgement among Western countries that more needs to be done to squeeze the country economically. Recently, the G7 announced plans to completely wean itself off of Russian oil; the European Union is trying to follow suit. But that still leaves a gigantic loophole: natural gas. In this week’s episode, host Mike Bird goes back to a...

Duration:00:34:53

Money Talks: Proxy wars

5/4/2022
A record number of company shareholders have put forward resolutions at annual meetings this year, pressuring companies on everything from their environmental practices to political donations. Host Alice Fulwood asks our US business editor Charlotte Howard why the new frontline in corporate purpose has shifted to proxy battles. Plus, our US audio correspondent Stevie Hertz heads to Nebraska to find out more about a contentious resolution to unseat Warren Buffett from Berkshire Hathaway. And...

Duration:00:34:03

Money Talks: Breaking the bank? Part two

4/27/2022
Thirty years ago, rich-world central banks started winning the fight against inflation. More recently, they have begun to fight new battles, including against climate change or inequality. As the old enemy of inflation returns, in this two-part series, host Soumaya Keynes asks if central banks are fighting on too many fronts. In part two, Simon Rabinovitch, our US economics editor, asks former president of the New York Federal Reserve William Dudley and former economic advisor to President...

Duration:00:35:54

Money Talks: Breaking the bank? Part one

4/20/2022
Thirty years ago, rich-world central banks started winning the fight against inflation. More recently, they have begun to fight new battles, including against climate change or inequality. As the old enemy of inflation returns, in this two-part series, host Soumaya Keynes asks if central banks are fighting on too many fronts. In part one, Rachana Shanbhogue, our finance editor and author of a new Special Report on central banks, explains why the remit of central banks has expanded. Plus,...

Duration:00:35:54

Money Talks: Clearing the rouble

4/13/2022
In the wake of Russia’s invasion of Ukraine, western nations imposed historic sanctions meant to cripple Russia's economy. In the immediate aftermath, Russia’s currency, the rouble, plummeted. Yet over the past six weeks, something strange happened. Instead of continuing its downward trajectory, by some measures, the rouble instead became the world’s best performing currency in March. Our host Mike Bird investigates what the rouble’s supposed strength can tell us about the impact of economic...

Duration:00:36:10

Money Talks: State of the unions

4/6/2022
We go inside two historic Amazon union votes in America. One, in Staten Island, New York, where our US audio correspondent Stevie Hertz follows the twists and turns of the first-ever successful vote to unionise a warehouse. The other was in Bessemer, Alabama. Our Mountain West correspondent Aryn Braun explains why a second run of last year’s failed vote looks set to end in defeat once again, but why the threat to Amazon’s business model persists. Then, our US business editor Charlotte Howard...

Duration:00:38:29

Money Talks: The new superpowers

3/30/2022
The transition to greener energy will shift the balance of power from oil and gas-producing countries to those with abundant deposits of materials needed for electricity grids, batteries and solar panels. Our Schumpeter columnist, Henry Tricks, and finance correspondent, Matthieu Favas, analyse who will be the winners and losers, the scale of investment needed to extract these minerals, and how history shows that sudden wealth from natural resources can be more of a curse than a blessing for...

Duration:00:38:24

Money Talks: War of Interdependence

3/23/2022
What impact will the war in Ukraine have on the world economy and globalisation? Will it reshape the existing economic order built over decades? Host Rachana Shanbhogue asks Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund. And how will geopolitics, further disruptions to supply chains and an upswing in covid cases affect China's economy? The Economist's China economics editor, Simon Cox, and China business and finance editor, Don Weinland, assess whether...

Duration:00:33:42

Money Talks: Grain damage

3/16/2022
Russia's invasion of Ukraine is creating one of the worst disruptions to the supply of wheat since the first world war. As prices spike, the damage from this shock will ripple right across the world⁠—affecting corn, vegetable oil, fertilisers and many other agricultural products. Can other countries fill the shortfall and who will be worst affected? Henry Tricks, our Schumpeter columnist, asks The Economist's Matthieu Favas and Charlotte Howard how serious a food crisis the world is...

Duration:00:36:15

Money Talks: Houston, we have a problem

3/9/2022
As America and Britain announced embargoes on Russian energy, our global energy and climate innovation editor Vijay Vaitheeswaran talked to oil and gas industry leaders in Houston where jaws dropped and prices soared. He asks Jose Fernandez, US undersecretary of state for economic growth, and Fatih Birol, head of the International Energy Agency, whether the West can afford to ban Russian oil. As governments scramble to plug the shortfall, we talk to Scott Sheffield, head of Pioneer Natural...

Duration:00:43:52

Money Talks: Sanctioning behaviour

3/2/2022
In response to Russia’s invasion of Ukraine, the West imposed unprecedented financial sanctions, effectively freezing the reserve assets of Russia. This triggered chaos in Russia's economy and prompted president Vladimir Putin to make nuclear threats, sending shock waves around the world. Will Russia weaponise energy and cut off its oil and gas supplies to the West? And, having crossed the Rubicon, the West has a new potent weapon—its use is being watched very carefully by China. The...

Duration:00:39:48

Money Talks: Barbarians at the crossroads

2/23/2022
Low interest rates and barely-there regulation have made the past decade a golden age for private financial markets. Once a niche pursuit, the industry is supersizing and adopting myriad new strategies to profit from different types of assets—and attract new investors. As alternative assets enter the mainstream, The Economist’s Matthew Valencia and host Alice Fulwood ask how long the private-markets party can continue. With John Connaughton, head of private equity at Bain Capital; Anne...

Duration:00:35:46

Money Talks: How high?

2/16/2022
Persistently high inflation has brought back fears of a wage-price spiral. Our economics team Soumaya Keynes, Simon Rabinovitch and Callum Williams explore how expectations of high inflation become reality. We look at the data on whether workers or firms are winning the battle over wages. And, as they reach for all the tools at their disposal, are central banks still in control? With Julia Coronado, founder of MacroPolicy Perspectives; Ethan Harris, head of global economics at Bank of...

Duration:00:40:29

Money Talks: The next financial crisis

2/9/2022
Over the past 15 years power and risk in financial markets have shifted radically. New investors have flooded in and, buoyed by pandemic stimulus, most have had an incredible ride. But as policymakers put the brakes on, global financial markets are starting to wobble. How might this new high-tech, bank-light system fare under a serious stress test? Mike Bird hosts with Alice Fulwood, The Economist’s US finance correspondent; Greg Jensen, co-chief investment officer of Bridgewater...

Duration:00:39:53

Money Talks: Caged tiger

2/2/2022
As China celebrates the lunar new year and the winter Olympics open in Beijing, host Mike Bird and Simon Cox, our China economics editor, size up the looming threats to economic growth. Against the mounting costs of a zero-tolerance approach to the pandemic and a sharp slowdown in the property sector, can Xi Jinping deliver on his promise of “common prosperity” for all? With Don Weinland, The Economist’s China business and finance editor; Angela Zhang, director of the Centre for Chinese Law...

Duration:00:40:28

Money Talks: The energy weapon

1/26/2022
What happens if Vladimir Putin invades Ukraine again, the West hits Russia with sanctions, and Mr Putin retaliates by shutting down supply of Russian gas? The Economist’s global energy & climate innovation editor Vijay Vaitheeswaran explores how this would rock energy markets from American shale oil to Chinese imports of LNG. What are the lessons from the last time Russia turned off the taps and how could Europe, already facing record prices, wean itself off its dependency? With Thane...

Duration:00:33:25

Money Talks: Moonshooters

1/19/2022
This week Microsoft announced its biggest ever deal, spending $69bn on games publisher Activision Blizzard to advance its ambitions in gaming and the metaverse. The world’s most powerful tech companies are racing to splash their cash on frontier technologies. We crunch the numbers on where they are investing their billions and ask whether these new corporate moonshots will supercharge productivity or further entrench the giants’ dominance in the future. Rachana Shanbhogue hosts, with Kevin...

Duration:00:32:43

Money Talks: The bossy state

1/12/2022
Governments around the world are deciding it is time to bring big business to heel. Host Rachana Shanbhogue and The Economist’s business editor Jan Piotrowski explore the new age of state interventionism. A suite of old tools is being dusted off and reimagined—from a return to picking winners to turning the century-old global tax system on its head. The big state is back in business. With Oren Cass, director of American Compass; Sarah Miller, founder of the American Economic Liberties...

Duration:00:35:41

Money Talks: Rags to riches

1/5/2022
How did second-hand clothes become fashion’s hottest buy? Online resale and rental firms are changing the calculus on what it means to buy fashion “as an investment”. Host Alice Fulwood speaks to entrepreneurs and economists to find out how technology is creating new markets and why consumers are saying out with the new and in with the old. With Eshita Kabra-Davies, founder of By Rotation; Francesca Muston, vice president of fashion at forecaster WGSN; James Reinhart, founder of thredUP;...

Duration:00:29:50