logo
episode-header-image
Dec 2024
13m 4s

The dangers of investor groupthink

Financial Times
About this episode

HSBC is reviewing its retail banking operations outside the UK and Hong Kong, and the European Central Bank cut interest rates by a quarter-point to 3 per cent. The FT’s markets columnist Katie Martin provides a few insights for investing in 2025. Plus, human referees are set to be increasingly phased out as machines become more efficient at making critical decisions in sport.  


Mentioned in this podcast:

HSBC reviews retail banking outside UK and Hong Kong

Donald Trump election win sparks trading surge for banks and brokers

​​ECB lowers rates to 3% and paves way for more cuts

In sport, the race is on to let technology decide who wins


Send us your questions for Swamp Notes! Write to ethan.plotkin@ft.com.


The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.


Read a transcript of this episode on FT.com


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

Up next
Nov 21
The Big Tech stock rollercoaster
<p>Tech stocks have been on a rollercoaster since Nvidia reported earnings, the US added 119,000 jobs in September but unemployment reached its highest level in four years, and the US has formally handed Ukraine a sweeping peace plan drawn up with Moscow. Plus, we’ll go over all ... Show More
12m 22s
Nov 20
The bidding war for Warner Brothers Discovery begins
<p>Nvidia grew sales of its chips even faster than Wall Street anticipated in its latest quarter, and UK inflation fell to 3.6 per cent in October. Plus, Paramount is trying to buy Warner Brothers Discovery and China’s opaque economic data is coming under scrutiny.&nbsp;</p><br>< ... Show More
12m 36s
Nov 19
Brussels sprouts critical minerals plan
<p>Meta has won the antitrust case that threatened to break it apart, the EU plans to create a central body to co-ordinate the purchasing and stockpiling of critical minerals. Plus, US tech stocks sold off on Tuesday as worries mounted over high valuations for artificial intellig ... Show More
10m 7s
Recommended Episodes
Oct 13
What’s up with the US economy? With Austan Goolsbee
Austan Goolsbee, president of the Federal Reserve Bank of Chicago and a voter on the Fed’s interest rate-setting committee, speaks to the FT’s economics commentator Chris Giles about the outlook for the US economy amid a boom in AI investment, sluggish hiring, President Donald Tr ... Show More
24m 57s
Nov 10
1013. News: Big moves in the mortgage market - and is everyone using AI to manage their finances?
About this episode: Host Benjamin Ensor, Director of Research and Strategy at 11:FS, is joined by a fantastic panel of guests as we dive into some of the biggest stories from the worlds of fintech, banking, and wider financial services this week. Stories covered on the podcast th ... Show More
1h 3m
Oct 17
Britain: a beacon of economic stability?
The countdown is on: Chancellor Rachel Reeves has just six weeks to finalise her Autumn Budget before the November 26 deadline. This week, she was in Washington DC for the annual meeting of the IMF, where she hinted at tax rises for the rich, while pinning some blame for Britain’ ... Show More
33m 12s
Nov 2024
915. News: LATAM fintech is booming, Metrobank slapped with a hefty fine, and why Klarna chose NYC for its IPO
Join hosts Laura Watkins and Benjamin Ensor alongside some great guests as we look at the biggest financial services and fintech stories of the past week. Topics covered include: a LATAM fintech roundup featuring news from Nubank, Ualá, and Tako; Klarna announcing plans to IPO i ... Show More
1h 7m
Sep 2024
895. News: Industry coalition pushes digital IDs, Phase 2 of Saudi open banking, new Singapore anti-fraud powers
Join hosts Kate Moody and Dave Morris, along with some great guests as we discuss the biggest fintech and financial services news this week. Topics covered include: New PensionBee research for Pensions Awareness Week reveals less than 15% of Brits know how much they have in pensi ... Show More
1h 3m
Sep 15
111. Charlie Kirk’s Murder and the Politics of Hate
What forces fueled the violence behind Charlie Kirk’s murder? Can America recover from the rising tide of political violence? What does Charlie Kirk’s killing reveal about the state of democracy in the US? Join Katty Kay and Anthony Scaramucci as they answer all these questions a ... Show More
30m 27s
Sep 17
Fed Cuts Rates by Quarter-Point; Powell Cites Weakness in Jobs
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Federal Reserve officials lowered their benchmark interest rate by a quarter percentage point and penciled in two more reductions this year following months of intense pressure from the White House to slash borr ... Show More
39m 20s
Sep 2024
Much to absorb in this data-heavy week
<p>Investors are grappling with a flood of data this week. Yesterday’s releases from the US revealed a two-year high in the trade deficit, a slowdown in the labour market and a cautious outlook from the Fed’s Beige Book. However, there was some respite as US factory orders reboun ... Show More
15m 58s
Jan 2024
Andy Verity on LIE-BOR: Shocking New Evidence Suggest Interest Rate Scandal Is Much, Much, Bigger Than Originally Reported
Andy Verity, Economics Correspondent for BBC News, joins Forward Guidance to discuss revelations from his new book, “Rigged: The Incredible True Story Of The Whistleblowers Jailed After Exposing The Rotten Heart Of The Financial System.” Verity argues that the traders who were co ... Show More
1h 39m
Oct 23
461. Question Time: The Tel Aviv Fan Ban & Japan’s New Thatcher
This episode has been edited to remove a discussion on the China spy case. The Rest Is Politics wishes to make clear that Mr Christopher Cash and Mr Christopher Berry were found not guilty of gathering and providing information prejudicial to the safety and interests of the state ... Show More
31m 38s