logo
episode-header-image
Aug 2022
17m 38s

Why central banks are baffling investors

Financial Times
About this episode
tail spinning
Up next
May 27
The 18th-century woman who made saving possible for the poor
Priscilla Wakefield was a Quaker, writer and social reformer who believed financial security shouldn’t be reserved for the wealthy. Living in late 18th- and early 19th-century England, she founded the country’s first penny savings bank, giving working women and children a safe pl ... Show More
46m 36s
May 20
The deal that put the dollar at the centre of the world
Take 730 delegates from 44 countries, plus another 2,000 or so hangers-on. House them in a remote, dilapidated hotel with holes in the roof and broken furniture. Deliver a train wagon filled with alcohol. Throw in some Russian spies, German prisoners of war, a troupe of bombshell ... Show More
53m 24s
May 13
Why money is the biggest shared hallucination in human history
What is money? And what can a small island in Micronesia teach us about how it works? On Yap, a remote island in the western Pacific, giant calcite “Rai” stones once functioned as currency, where ownership and collective trust — rather than physical possession — defined wealth an ... Show More
44m 44s
Recommended Episodes
Mar 2023
MM104: Silicon Valley Bank (SVB) contagion fears spark a global banking sell-off
<p>In this episode, we take a look at what exactly happened to SVB and why the collapse in their share price on Thursday rippled through the banking sector resulting in the largest four US banks losing some $47bn of market value in just one day.</p><br><p>Was the move justified? ... Show More
25m 46s
Jul 2022
What the Fed's Big Balance Sheet Unwind Means for Markets
The Federal Reserve recently began shrinking its massive balance sheet, unwinding trillions of dollars worth of bond purchases that it started making during the depths effort to offset the effects of the Covid-19 pandemic. It's not the first time that the Fed has undertaken 'quan ... Show More
47m 18s
Mar 2023
MM107: Nasdaq 100 moves back into a bull market!
<p>The Nasdaq 100 Index surged into a new bull market Wednesday for the first time in nearly three years.</p><br><p>Technology stocks have outperformed this year as investors speculate that weakening economic data and the risk of a recession, heightened by recent bank stresses, m ... Show More
44m 22s
Jun 2022
12: Inflation & Interest Rate News: The Ugly Truth Investors NEED to Know
Inflation and interest rates—two things we rarely talk about when the market is going smoothly. Just this week, the Federal Reserve made some stark moves surrounding interest rates with the hope of cooling down the rampant inflation we’re experiencing. But what exactly is causing ... Show More
35m 22s
Nov 2021
Bond investors and central banks
tail spinning
10 m
Sep 2022
It's a Busy Week for Central Bankers
The Federal Reserve is just one of 16 central banks making interest-rate decisions this week, but it is the most widely watched monetary policy body in the world. And its current path – errant though it may be – is having a profound effect on the global economy by pushing up the ... Show More
35m 29s
May 2023
Andrew Sheets: Unresolved Questions Create Market Uncertainty
<p>Optimistic investors have pushed stocks and bond yields to the high end of the recent range. But inflation, banks and the debt ceiling status are still raising questions that have gone unanswered.</p><p><br></p><p>----- Transcript -----</p><p>Welcome to Thoughts on the Market. ... Show More
3m 12s
Aug 2023
Darrell Duffie On How to Fix the World’s Most Important Market
In the global financial system, US Treasuries play a special role. They’re basically as close to cash as a financial asset can get and their yields act as the "risk-free" rate against which all other assets are measured. In other words, the US Treasury market is supposed to be th ... Show More
47m 29s