logo
episode-header-image
Apr 2024
12m 53s

The diamond market disrupted

Financial Times & Pushkin Industries
About this episode

Diamond output by the mining giant De Beers is down 23% this quarter. Demand is slowing as a bounce from the coronavirus pandemic wears off and synthetic diamonds eat into market share. Today on the show, we try to understand the market for diamonds. Also, we go short Charles Dickens in the theatre and short UK weather. 


For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer

You can email Katie Martin at katie.martin@ft.com


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

Up next
Apr 16
Boing! Springtime for the markets
After a nervous couple of months, markets suddenly roared to life this week, with the S&P 500 reaching a new high. Struggling shoe company Allbirds led the charge with a pivot to AI and saw its stock leap 774 per cent. Today on the show, Katie Martin and Rob Armstrong try to figu ... Show More
21m 28s
Apr 14
Space ecstasy
Elon Musk’s SpaceX plans to go public this year in what may be the largest IPO of all time. But what is SpaceX, exactly? Today on the show, Katie Martin and Rob Armstrong speak with the FT’s west coast editor Richard Waters about the SpaceX listing and why it isn’t like any other ... Show More
23m 42s
Apr 9
What has changed?
As President Donald Trump’s confusing messages on the Iran war seem to coalesce around a retreat, markets have risen. But are we really going back to anything like what we had before February 28? Today on the show, Katie Martin and Rob Armstrong try to understand the meaningful c ... Show More
20m 54s
Recommended Episodes
Jul 2020
Diamond Wars | The Alchemists | 7
<p>It’s the 2000s and the diamond cartel is dead. Now, De Beers must adjust to its new status as the market leader rather than the monopoly. But the threats to its business aren’t going away.&nbsp;&nbsp;</p><p>Diamonds are losing their luster with the young, and Zimbabwe’s underm ... Show More
25m 58s
Sep 2023
Diamonds in the Rough: Unravelling A Multi-Billion Dollar Crisis
<p>India's massive diamond industry is grappling with a prolonged crisis. Western sanctions on big miner Russia, inflation in the US and a downturn in China have hit the industry which cuts and polishes nine of ten diamonds in the world. Exports from the world's top diamond expor ... Show More
26m 23s
Jul 2020
Diamond Wars | The Future of the Diamond Industry | 8
<p>Today we conclude our Diamond Wars series.</p><p>&nbsp;These precious stones are known to be undeniably beautiful, rare and a symbol of luxury. But&nbsp;diamonds have also been associated with war, human rights abuses and death. In response, consumers these days are demanding ... Show More
20m 49s
Dec 2021
The Ultimate Guide to Buy a Diamond and Save Money
There's a lot to know when you buy a diamond. What size should diamond should you buy, how to save money, and where to buy a diamond are all common questions. Michael Fried is the CEO of Diamond Pro,  an affiliate website that offers unbiased information and objective guides. He ... Show More
40m 56s
Jun 2023
MM114: Is a US debt ceiling deal actually bad for stocks?!
<p>On The Trading Floor this week, Piers and I discuss three hot topics:</p><br><p>1) Now a US debt ceiling deal has been struck what next for financial markets?</p><br><p>2) Stocks are still going up, mainly led by big tech but market commentators keep talking about a narrow mar ... Show More
42m 25s
Nov 2023
The Stock Market is on Fire & Marvel is in Crisis
Episode 190: Neal and Toby explain why the stock market has been on fire lately and what investors are thinking. Plus, the AI pin you can wear that is trying to replace smart phones and why Marvel Studios could be in trouble. The guys share their winners of the weekend (imagine b ... Show More
28m 44s
Aug 2022
Busting Myths: Stock Market Crashes
<p>Hello hello! This week we're busting myths baby and can we just say - we are IN OUR ZONE going back to our roots. Just a reminder that episode requests are always open on the gram - just message us. Join us as we discuss four of the most common stock market myths:&nbsp;</p><p> ... Show More
19m 56s