ShortCuts référence ce podcast pour aider les utilisateurs à découvrir les épisodes qui méritent leur attention, puis à revenir vers les contenus originaux.
Vlad Zamfir is something of a crypto legend. The researcher was early into Bitcoin, and he was part of the Ethereum Foundation before it launched. He's still an active researcher in the space, but he believes the people
One of the big stories in the economy right now is the high number of unfilled job openings in the leisure and hospitality sectors. There are numerous theories for why these businesses have had a hard time hiring. And th
Mainstream economics has come under attack lately. People have begun questioning its understanding of things like inflation, monetary policy, deficits, and how best to get out of a downturn. Steve Keen, an independent re
Bookstores typically aren't seen as the most attractive businesses in the year 2021. Add in the pandemic, and that makes it even tougher. And if you're in Texas, dealing with multiple blackouts, then it gets even harder
There's a lot of hype about so-called DeFi (decentralized finance) these days, and much of it is based on enthusiasm over what can be built on Ethereum. Ethereum is seen as easier to build on for multiple reasons. But th
By now you've no doubt heard about DeFi: the hot vision of crypto that aims to disrupt traditional lending and fundraising. But the space remains really difficult to grasp. There's all kinds of jargon — Automated Market
The world's central bankers are facing challenges the likes of which they've never seen before. We're in a unique moment for the macroeconomy, coming out of the pandemic crisis at a rapid clip. What's more, the nature of
You can't talk about the problems in logistics and supply chains right now without talking about trucking. Once goods are unloaded from ships, trucks are the dominant mode of domestic freight. However, unlike shipping, t
Everyone knows that tech stocks performed amazingly well amid the coronavirus crisis. In the last few months, there's been a little bit of a cooling off. But for the most part, betting on tech has been a fantastic bet fo
By this point, you're aware that shipping anything internationally is pretty tough right now. It turns out, it's getting worse. Earlier in the year, Tracy tried shipping a teddy bear from Hong Kong to the U.S. on a vesse
Over the last year, numerous celebrities and athletes have gotten into crypto in some way. For example, some have announced plans to put part of their salary into Bitcoin. But Brooklyn Nets star Spencer Dinwiddie has bee
Home demand is booming. By some measures, the market is even hotter than it was during the peak prior to the financial crisis. But there's one big problem: There just aren't many homes available to buy. Whether it's exis
Dan Ariely is one of the most famous behavioral economists in the world. And in his latest act, he's attempted to apply his research to investing. His five-year-old firm Irrational Capital searches out companies that fos
The crypto market recently experienced one of its worst crashes ever, with numerous coins cut in half in a manner of days, seemingly without an obvious catalyst. So what really happened during the selloff? Who was behind
These days, there's a shortage of chips everywhere you look. Some of it is related to idiosyncratic events specifically related to logistics. Some of it is related to production challenges relating to long, pre-existing
Over the last few years, ESG has become a gigantic industry. Due to concerns over climate, the treatment of workers, and other public matters, there's been a huge influx of money into investments that take into account e
"Decentralized Finance," "Yield farming"... you've probably heard these terms before, but have very little idea about how they all work. On a recent episode , we spoke with one of the creators of the largest decentralize
By now, everybody knows that global supply chains are a mess. Not a day goes by where there isn't news of some shortage or bottleneck. Chips, shipping containers, lumber, you name it. So how did it happen and how does it
Jared Bernstein has been a longtime advisor to President Joe Biden. He was his advisor while Biden was Vice President, and today he serves on the Council of Economic Advisors. On the latest Odd Lots, he joins us to talk
What will the economy really look like when things normalize? Lots of people are, of course, anticipating a sustained rise in inflation, even beyond this burst in prices right now. Our guest this week is skeptical. We sp
There's an irony with crypto. While so much of it is ostensibly about circumventing legacy finance, many of the most important pieces of crypto infrastructure are centralized financial entities. For example, the newly pu
This year, everyone's become aware of the hollowing out of U.S. semiconductor manufacturing capacity. Whether it's the rise of TSMC, the stumbles at Intel, or the inability of car companies to acquire much-needed chips,
There's probably nobody better at synthesizing massive events like Columbia professor Adam Tooze. His book Crashed , which came out in 2018, was probably the definitive take on the Great Financial Crisis. Later this year
It's not often that lumber becomes a national obsession. But this year it has. Thanks to a combination of factors, including diminished sawmill capacity, a renovation boom, and then a homebuilding boom, the price of fini
There's a huge question mark at the moment about whether markets are at some sort of important turning point. For instance, we've seen big amounts of fiscal stimulus in the U.S., sparking concerns that inflation might fi
It's a weird moment for the markets. The big stock indices are near all time highs. And yet there have been some high profile meltdowns and blowups. There was the collapse of the vendor financing firm Greensill. And ther
Whenever the government is engaging in fiscal or monetary expansion, people like to invoke the history of Weimar Germany and how soon we might all go around transporting dollars in wheelbarrows. But what really happened
When GameStop shares skyrocketed earlier this year, numerous pundits were quick to ascribe political significance to the whole thing. Was it a rebellion? Was it class warfare in the spirit of Occupy Wall Street? On this
The U.S. Treasury market is the biggest, most liquid market in the world. Its smooth functioning is also crucial to the economy and the financial system. Yet it keeps experiencing bizarre, seemingly inexplicable bouts of
In the modern age, we expect to be able to turn on our computers, enter in a ticker, and know the actual price of a financial instrument, such as a stock or a bond. But this is easier said than done, especially with bond
The crypto market has come a long way in recent years. But it's still far less efficient than your typical established market. To understand more about crypto market structure, we spoke with Sam Bankman-Fried. Sam is a f
The Ever Given has been freed from the Suez Canal. But the whole situation was indicative of a broader issue in global supply chains: increasingly large ships are contributing to logistical bottlenecks. This was true lon
When the GameStop and Robinhood story exploded at the end of January, suddenly everyone took an interest in market structure and things like payment for order flow, as well as the role that high-frequency trading shops p
What is the connection between the big trend in interest rates over the last several years and the cost of climate change mitigation? This is a question that's been analyzed by Josh Younger, a rates derivative strategist
Over the last several weeks, we've seen major developments in the macro situation. The vaccine rollout has accelerated. We've gotten a stimulus. The economic outlook has improved. And rates have risen across the curve si
In a sense, Modern Monetary Theory has won. This is not because policy measures are necessarily in line with what MMT adherents would prescribe. Rather, the debate over economic policy, in particular fiscal policy, is ha
For decades, the dominant economic philosophy of the United States has been that fiscal policy should be relatively inert, and that the Fed should be the primary driver of macroeconomic stabilization. But that may be cha
By some measures, the Chinese economy did better in 2020 than just about anywhere else. For one thing, it actually grew last year. Also because of the country's success at virus containment, it returned to normalcy faste
Bob Dylan did it last year. Shakira did it in January. More and more famous musicians are selling off the rights to their back catalogs to investors. But why now? Why is there so much demand for this asset? On the latest
More than 150 years after the end of slavery in the U.S., the net worth of a typical white family is nearly six times greater than that of the average Black family. Season 3 of The Pay Check digs into into how we got to
The Treasury market just experienced what some might call a tantrum. Across the yield curve, we saw rates shoot up. And it's not even clear why it happened. There was no comment from a Fed official like there was with th
SPACs, sometimes referred to as blank check companies, are incredibly hot. After being a sort of sleepy and sometimes sketchy backwater of the finance world, the last several months have seen them go on an absolute tear,
There are lots of hot areas in the market, which everybody knows. Stocks are obviously hot, as are industrial commodities like copper. Agricultural commodities are surging as well. If you look at a chart of corn or soy o
The world is facing a chip shortage. Numerous companies, including the auto sector, are facing an inability to get semiconductors, hampering their ability to manufacture their goods and generate sales. Part of this is an
As you might have heard, so-called value investing has not had a good run. At least from a quantitative standpoint, strategies that aim to buy low-valued stocks (based on metrics such as price-to-earnings or price-to-boo
During the worst of the pandemic, people loaded up on staples from their grocery store. Shelf-stable food items, beverages, canned tuna, canned soup, chips... all that kind of stuff. But the big food and consumer staples
When you think about the big winners in the stock market over the past couple of decades, you might think about Amazon or Apple or some other tech winner. Or maybe, if you've listened to Odd Lots before, you think about
In a world dominated by passive investing on one end and retail YOLO traders on the other, there aren't many star fund managers these days. There's one big exception though. Cathie Wood, the head of the ARK family of fun
Bitcoin, and crypto more broadly, have been on a huge tear lately. Then, with the chaos surrounding GameStop, there's been more discussion about whether financial markets could be rebuilt in a fairer way, perhaps involvi
It's been a weird several days in the market. What started with a short squeeze in GameStop, driven by Reddit traders, somehow morphed into a huge surge in demand for silver. Whether it started on WallStreetBets is uncle