logo
episode-header-image
Dec 2023
22m 52s

Lots More on Shohei Ohtani's $700 Millio...

bloomberg
About this episode

This week was a huge one for the soft landing camp. The inflation data came in cool and the Federal Reserve indicated its confidence that it can begin monetary tightening fairly soon. Meanwhile, baseball superstar Shohei Ohtani signed a staggering $700 million contract with the Los Angeles Dodgers that comes with a highly unusual deal structure. To break it down, we talked with Bloomberg Opinion columnist Conor Sen about what it all means.

See omnystudio.com/listener for privacy information.

Up next
Yesterday
Lev Menand on Trump's Attempt to Fire the Fed's Lisa Cook
Criticism and threats to Federal Reserve independence have been building for some time in this administration. But it was taken to a new height on August 25, when Trump posted that he intended to fire Fed Governor Lisa Cook, a Biden appointee. According to our guest, Columbia Law ... Show More
28m 41s
Yesterday
Adam Posen on a Surreal Jackson Hole in a Post-American World
The annual Jackson Hole symposium is, formally speaking, an academic conference. Economists and central bankers gather to discuss the most important, cutting edge ideas in monetary policy. But there was certainly a different feel this year because of the relentless attacks on Fed ... Show More
57m 41s
Aug 25
Tom Barkin on Why Central Banking Is on Hard Mode Now
According to Richmond Federal Reserve Bank President Tom Barkin, much of the time central banking is straightforward. Sometimes it's clear that rate cuts are needed. Sometimes it's clear that rate hikes are needed. Other times everything is going great, and central bankers don't ... Show More
28m 45s
Recommended Episodes
May 2021
Inflation Shocker
A shockingly high reading in the consumer price index landed with a bang in markets this week. Zachary Griffiths, a macro strategist with Wells Fargo, joined the “What Goes Up” podcast to discuss what inflation pressures he’s got his eye on and why he doesn’t think the latest num ... Show More
40m 34s
Jul 2023
Atlanta Braves CEO Derek Schiller Talks Spin-off
Atlanta Braves President and CEO Derek Schiller speaks with Bloomberg's Kailey Leinz and Dani Burger about his team becoming the only publicly traded MLB team. See omnystudio.com/listener for privacy information. 
8m 41s
Jun 2022
The Fed’s big swing at inflation
The Federal Reserve announced its largest interest rate increase since 1994. And it's the equivalent of the US central bank taking a baseball bat to the economy, according to the FT’s US financial commentator Robert Armstrong.   In this week’s episode, Armstrong is helping us to ... Show More
19m 43s
Sep 2022
The global impact of a robust dollar
As the dollar reaches historic highs against currencies in both emerging and developed markets, the chances of battling inflation rates shrink outside the United States. The Euro, the British pound, and the Japanese yen have depreciated at unprecedented this year. Steve Hanke, a ... Show More
50m 48s
Sep 2023
NY Fed President John Williams Talks Policy
Federal Reserve Bank of New York President John Williams said US monetary policy is “in a good place,” but officials will need to parse through data to decide on how to proceed on interest rates. He spoke in an exclusive conversation with Bloomberg Economics Editor Michael McKee, ... Show More
37m 1s
Nov 2023
Mark Attanasio Talks Private Debt, Sports; BI on Cable
Private credit offers double-digit returns with structures that can reduce risk, just as increased competition boosts secondary trading options, says Mark Attanasio, co-founder of Crescent Capital. “We don’t see a bubble yet,” he tells Bloomberg News senior reporter Lisa Lee and ... Show More
35m 41s
Feb 2023
CNBC Special Report: Taking Stock 2/14/23
CNBC’s Frank Holland has your post-CPI playbook. Bleakley Advisory Group’s Peter Boockvar discusses the hotter-than-expected CPI report and what it means for the Fed going forward. David Steinberg, co-founder and CEO of Zeta Global, a data-driven cloud marketing company, discusse ... Show More
44m 51s
Dec 2023
👄 “SmileDirectFlub” — SmileDirectClub’s shutdown. Pinterest’s Trend Forecast. Shohei Ohtani’s $700M economy.
SmileDirectClub hit a $9B valuation by cutting out the dentalman… but it just shut down — The lesson? Some industries simply aren’t tech. And prob never will be.Pinterest uses data to predict next years trends, and they’re right 80% of the time — The 2024 predictions say we’re no ... Show More
23m 38s
Aug 2021
Serial SPAC-er Betsy Cohen Finds Her Seventh Target
Serial SPAC dealmaker Betsy Cohen joined to talk about finding her seventh target, Pico, a New York-based technology provider for financial services companies that merged with FTAC Athena Acquisition Corp. in a $1.75 billion blank-check company deal. Senator Cynthia Lummis, Repub ... Show More
28m 21s
Sep 2023
GE CEO Larry Culp Talks Aerospace Opportunities
GE chairman and chief executive officer Larry Culp sees strong post-pandemic recovery in aerospace pushing annual revenue above $40 billion, which would mark a new record for its aviation business. He speaks with host David Westin in an exclusive conversation, airing in its entir ... Show More
4m 26s