Odd Lots

Bloomberg’s Joe Weisenthal and Tracy Alloway take you on a not-so random weekly walk through hot topics in markets, finance and economics.
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The Islamic State is mostly discussed in terms of its threat to the safety and security of the world. But as a geopolitical entity, its leadership ha…
The stock market is currently in one of its longest bull markets ever, but that doesn't hold a candle to what's going on bonds. According to Paul Sch…
Welcome to the start of the new year! 2016 defied almost everyone's expectations, but that won't stop us from making predictions for 2017. On this ep…
It was quite a year, 2016! Trump and Brexit alone made it one for the history books. But there was more than political upheaval. In this end-of-year …
One of our favorite topics here at Odd Lots is market structure. On multiple occasions, for example, we've talked about how trading bonds is fundamen…
What's the optimum amount of money you should bet on a particular outcome? The answer is dictated by mathematics, yet plenty of people still go again…
Something huge happened in November. No, we're not talking about the U.S. presidential election. We mean the worst month in history for the the Bloom…
By now you've probably heard of Bitcoin. But Bitcoin isn't the only digital currency. In fact, there are hundreds of "altcoins" out there, all of whi…
All great civilizations eventually collapse. It's inevitable. So what are the signs of their demise? On the latest edition of Odd Lots, we speak with…
There's a lot to process from last week's U.S. election. One surprising thing already is the market reaction. Equities surged following the vote, and…
One could argue that "expert" has become a bad word. People routinely roll their eyes at the advice of experts and sometimes mock them. Perhaps nowhe…
Investors are often said to exhibit herding behavior when they follow each other into crowded positions — creating market bubbles that are susceptibl…
Dani Rodrik, a professor of International Political Economy at Harvard University, was writing about the downside of globalization before it was cool…
What does psychoanalytic philosophy tell us about capitalism? In this edition of Odd Lots, we speak to Ole Bjerg, a professor at the Copenhagen Busin…
Brad Katsuyama has racked up oceans of newspaper ink since being propelled into the public spotlight as the protagonist of Michael Lewis's book on hi…
How is it that stocks are traded on electronic exchanges in the blink of an eye but bonds still trade over-the-counter by phone and sometimes even by…
"Disruption," "incubation," "innovation"... you hear these words nonstop these days as people talk about the incredible changes taking place in socie…
The most valuable commodity for investors is information, and hedge funds and asset managers are going to great lengths to get it -- even to outer sp…
Could you walk away from a reward of over $8 million? The guest on our latest episode of the Odd Lots podcast did just that. Eric Ben-Artzi was a ris…
"What is money?" This seemingly simple question has the ability to drive people crazy. Is it a unit of account? Is it something about exchange? Does …
The hit show Seinfeld is often referred to as the show about nothing, but maybe it's actually a show all about economics. Alan Grant is an associate …
In developed economies, younger generations have faced stagnant wages, mediocre employment prospects and dizzying costs of homeownership. One culprit…
The 2016 Summer Olympics in Rio de Janeiro have been tainted by protests, economic slowdown, and a massive political scandal. In this episode we take…
This week is the summer edition of Odd Lots and we're talking about the market forces shaping the price of two essential ingredients for any pool par…
This week Odd Lots takes to the high seas to discuss how modern-day pirates in the form of illegal fishers are able to take out insurance policies on…
There's nothing better than financial crisis hindsight and earlier this month we got a big dose of it in the form of a 218-page paper by Laurence Bal…
The result of the U.K.'s Brexit referendum blindsided many and led to acrimonious accusations by supporters on either side of the vote. In the U.S., …
Emanuel Derman was one of the pioneers of quantitative finance, having gone from studying physics to working on Wall Street in 1985. His memoir, My L…
Emanuel Derman was one of the pioneers of quantitative finance, having gone from studying physics to working on Wall Street in 1985. His memoir, My L…
In the runup to the Brexit vote polls were mixed. Some showed remain winning. Others showed leave winning. Nonetheless, markets, pundits, and bookmak…
On this week's episode we take a trip down one particular road on the Gulf peninsula to explore how sudden market shocks — and the political discord …
When Federal Reserve Chair Janet Yellen speaks, the world watches — and one group watches especially closely. ``Fed watchers'' have made a career out…
The Great Recession was characterized by a historic and gigantic wave of foreclosures all around the country. Left and right, people were being remov…
David Hendler made his reputation as a bank analyst at the independent research firm CreditSights Inc., foreseeing many of the problems that led to t…
The U.S. spends 8 percent of its GDP on finance -- twice the amount it did 40 years ago, according to economist Brad DeLong. That figure set off a wa…
At a time when retail sales are dominated by online behemoths like Amazon Inc. and big chain stores, independent brick-and-mortar shops are under gro…
Peer-to-peer lending was supposed to disrupt the traditional way people borrowed money. Instead of going to some giant, soulless institution, online …
If you're like most people, you only bet on horses once a year, the day of the Kentucky Derby. You might try to cram a little beforehand, bone up abo…
In less than two months, the U.K. will vote on whether to leave the EU in the so-called Brexit referendum. The stakes are potentially massive for the…
How can you tell whether people in any given country are happy or not? That's the topic we wrestle with on the latest edition of the Odd Lots podcast…
Country music lost a legend when Merle Haggard passed away earlier this month at the age of 78. At first glance, there doesn't seem to be much connec…
Iceland is known for geothermal beauty, fishing and as the birthplace of Bjork. It also made international headlines in 2008 thanks to a banking cris…
A high-flying hedge fund manager lost everything back in 2007 after an accounting scandal prompted investors to pull money from his $12 billion fund.…
Short-selling, the practice of betting against stocks by agreeing to sell equities that you don't own, has been in the headlines recently. The share …
For years, the image of a stock market trader was synonymous with images of Testosterone-fueled traders wheeling and dealing on the floor of big exch…
Asset purchases! Currency devaluations! Low interest rates! Negative interest rates! And... more? The world's central banks have unleashed a torrent …
In 1987, investors watched in horror as the Dow Jones Industrial Average plunged 22 percent in an event that became known as "Black Monday." Months l…
In late 2008, as markets tanked thanks the the global financial crisis, two massive Ponzi schemes unraveled. One was the $17.5 billion fraud engineer…
Everybody knows by now that a handful of hedge funders made a fortune by betting against housing before the market crashed back in 2008. But, people …
In theory, anyone with an internet connection can became an expert on just about anything from just about anywhere. In the latest edition of Odd Lots…
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