Listen to the 'Here's Why' podcast: - on Apple: https://apple.co/3Lg3RGn - on Spotify: https://spoti.fi/3LiIX9q - or Anywhere: https://bit.ly/3xYsHHy. Each episode of 'Here's Why' uses experts at Bloomberg to explain one news story in just a few minutes.See omnystudio.com/listener for privacy information.
7/12/2024 • 30 seconds
Airline Mergers and Restaurant Loyalty
We explore airline mergers, COVID boosters, and the impact of generational wealth. We also discuss how loyal customers are to their favorite restaurants. Columnists FD Flam, Brooke Sutherland, Allison Schrager, and Bobby Ghosh join. Amy Morris hosts.See omnystudio.com/listener for privacy information.
1/11/2024 • 35 minutes, 21 seconds
Fossil Fuel Use and Drug Development
We take a closer look at fossil fuels, cancer drug development, and the pros and cons of buying American. Plus, just how dangerous are hair straighteners for your health? We explore it all with the Bloomberg Opinion team. Columnists Lara Williams, Romesh Ratnesar, Lisa Jarvis, and FD Flam join. Amy Morris hosts.See omnystudio.com/listener for privacy information.
1/5/2024 • 35 minutes, 28 seconds
AI, Critical Thinking, Ultra-Processed Foods
Artificial intelligence threatens jobs, but will it enable people to think critically? We explore that topic, along with vaccines, housing, and the negative health effects of ultra-processed foods. Bloomberg Opinion columnists Allison Schrager, Lisa Jarvis, Conor Sen, and Bobby Ghosh join. Amy Morris hosts.See omnystudio.com/listener for privacy information.
12/27/2023 • 35 minutes, 12 seconds
Eco Sentiment and Food Experiments
We dig into economic sentiment and consumer spending in the US, reliance on science during the pandemic, and experimenting with food. Columnists Conor Sen, Faye Flam, Jonathan Levin, and Howard Chua-Eoan join. Amy Morris hosts.See omnystudio.com/listener for privacy information.
12/19/2023 • 35 minutes, 16 seconds
Trust in Science, Politics, and Taylor Swift
Taylor Swift's Eras Tour confronts the climate crisis - what can she and others do to take action. We discuss that story, science reliability, trust in government, and the fiscal apocalypse. Columnists Lara Williams, Faye Flam, Clive Crook, and Kathryn Edwards join. Amy Morris hosts.See omnystudio.com/listener for privacy information.
12/14/2023 • 35 minutes, 24 seconds
Credit Card Penalties and EV Subsidies
We discuss whether credit card penalties are ethical, and whether they should be legal. We also examine electric vehicle subsidies, Donald Trump's take on healthcare, and the intelligence of rats. We speak with Bloomberg Opinion columnists Erin Lowry, Frank Wilkinson, Chris Bryant, and Faye Flam. Amy Morris hosts.See omnystudio.com/listener for privacy information.
12/7/2023 • 35 minutes, 6 seconds
Generic Drugs and Marijuana Legislation
We examine the effectiveness of generic drugs and over-the-counter decongestions, and how COVID anxiety is still in the minds of many Americans to this day. Also, would passing marijuana legislation be useful to President Biden's re-election campaign? Bloomberg Opinion's Jonathan Bernstein thinks so. He joins us, along with columnists Rachel Rosenthal, FD Flam, and Lisa Jarvis. Amy Morris hosts.See omnystudio.com/listener for privacy information.
11/30/2023 • 35 minutes, 6 seconds
Remote Work and Senate Practices
We examine remote work and its impact on women, families, and office spaces, and also discuss the state of the Senate. Columnists Betsey Stevenson, Jonathan Bernstein, Beth Kowitt, and Justin Fox join. Amy Morris hosts.See omnystudio.com/listener for privacy information.
11/22/2023 • 34 minutes, 48 seconds
2% Inflation and Small Business Outlook
We discuss the effect of inflation on small businesses and restaurants, and how soon the US will reach 2%. Also, we dig into generational economic anxiety. Bloomberg Opinion's Jonathan Levin, Jessica Karl, Erin Lowry, and Justin Fox join. Amy Morris hosts.See omnystudio.com/listener for privacy information.
11/16/2023 • 35 minutes, 30 seconds
Introducing: Bloomberg Hot Pursuit!
Matt Miller and Hannah Elliott have a new podcast focused on cars. Listen for drive reviews, news updates and dealership details from auto industry insiders. If you like this episode, download more and subscribe on Apple, Spotify or anywhere you get your podcasts. Apple: http://apple.co/4935eTf Spotify: http://spoti.fi/3MaWkJT Anywhere: http://bit.ly/3QqrPC2 See omnystudio.com/listener for privacy information.
11/11/2023 • 58 seconds
Worker Relocation and eSports in the Olympics
We explore the worker exodus from major cities, weight loss drugs, and developing America's risk-takers. We also dig into a debate around eSports - should it be an Olympic sport? Bloomberg Opinion's Adam Minter thinks so. Adam Minter joins us, as do Bloomberg Opinion columnists Conor Sen, Lisa Jarvis, and Allison Schrager. Amy Morris hosts.See omnystudio.com/listener for privacy information.
11/8/2023 • 35 minutes, 18 seconds
COVID Data Findings and the Impact of Teleheatlh
We examine some key topics in the healthcare space, from the effectiveness of telehealth, to the ineffectiveness of recent vaccine rollouts and some COVID-19 prevention strategies. We also talk about the latest developments in working-from-home. Bloomberg Opinion columnist Sarah Green Carmichael, Justin Fox, Lisa Jarvis, and F D Flam join the discussion. Amy Morris hosts.See omnystudio.com/listener for privacy information.
11/2/2023 • 35 minutes, 25 seconds
Laundry's Effect on Climate Change; Traffic Cameras Saving Lives
Scientists say climate change is accelerating, but their voices are getting drowned out. Might using the drier while doing laundry be counterintuitive, or helpful, in slowing climate change. We also dig into the effectiveness of traffic cameras and Gen Z's relationship with live sports. Lara Williams, David Fickling, Justin Fox, and Adam Minter join. Amy Morris hosts. Transcript: 00:01Speaker 1
You're listening to the Bloomberg Opinion podcast count US Saturdays at one and seven pm Eastern on Bloomberg dot Com, the iHeartRadio app and the Bloomberg Business App, or listen on demand wherever you get your podcasts. Welcome to Bloomberg Opinion. I'm Amy Morris. On this week's show, we'll look at what's better for the planet running the dryer or using a clothesline. The answer might surprise you. Plus, since the beginning of the pandemic, traffic deaths in the US have risen sharply. What will it take to get those numbers back down? And finally, if Taylor Swift can't bring gen Z to the NFL, who can? But we begin with the heat. The global temperature continues to rise and scientists are beside themselves. Officials from NASA and the National Oceanic and Atmospheric Administration say this past July was the hottest month for the Earth on record. NASA Administrator Bill Nelson certainly is self evident that the Earth is heating up. And what we find is that July of this year the temperatures are the hottest ever on record, and last month was the hottest September on record by far. This past June the warmest June ever recorded. Yeah, we're seeing the trend. Let's talk with Bloomberg opinion columnist Laura Williams, who covers climate change, and scientists are using some pretty unscientific language to describe the temperatures that they're seeing. If your column is any indication, Laura, what have you heard? Yeah, so we've had dobsmackingly bananas. We've had astounding, staggering and nerving, bewildering, flabber dusting, dusting, distrioting, dobsmacking. Scientists have been really, really surprised by the kind of the level of heat that we saw in September compared to previous records. It is a bit alarming that they seem so surprised by this because they've been calling attention to climate change and climate change issues and the effects for years. Why did this catch them so off guard? Yeah, it's just because it's half a degree celsius higher than the previous record in twenty twenty, and so when we see these records getting broken, they're not usually broken by that margin. And so it is a kind of market in Greece, and it looks like it could be. Some are saying an acceleration in the rate of global woman which would be worry. Yeah, I wondered was this an outlier, was just this is a one time thing. Is there's something that caused it specifically, or are we seeing an acceleration. It's going to just get hotter and hotter and hotter in the next few years. So that's something that scientists are debating. So there are two camps of scientists. The first camp and I spoke to sociologists and he'd kind of terms these guys accelerationists, and they are concerned that this is an acceleration. Basically, what we've seen, particularly this year, is there are these sulfur dioxide emissions which are comes from like crew like cruise ships and you know, ships like taking all our stuff across the oceans, and they've cleaned up their act and so we're seeing way fewer aerosols being emitted into the atmosphere. So that's a good thing for our health. But those aerosols have historically served to mass human induced climate change because they reflect the Sun's heats back into space, and so the fewer thing fewer of those that we have, the more solar radiation reaches the earth surface. The scientists that think that we've seen an acceleration point to that trend of you know, sulfur emissions going down, and point to the trend of you know, these these huge temperature records that we've seen over the past few months and say that it could be an acceleration. Now, I would argue that the other team of scientists, the observationists, are right in that this is just you know, it's a few data points, and there's there's lots of things that could be making this. You know, this the Earth a lot warmer right now, a lot of temporary things. So of the September that we've just seen was one point seventy five degrees celsius warmer than pre industrial temperatures. Now that's very scary. Number. One point two degrees celsius of that we know is down to US burning fossil fuels. The remaining zero point five degrees celsius or so is due to with a combination of different factors, and so it could be aerosols, but it should also be the fact that we are in an l Nino cason, which is a naturally occurring climate pattern that warms global temperatures. It should also be that, you know, there was this huge underwater volcano which held an immense plume of water vapor, which is a greenhouse gas into the atmosphere last year, and that would be enough to temporarily elevate global temperatures for a few years. It would be partly aerosols, and it should partly be the fact that we'll see we've got we've had reduced ice at the poles this year. So the more dark sea that's exposed, the more heat that's absorbed by the water. Oh, there's a lot there. Yeah. But no matter which side they're on, whether they believe that this is an acceleration or they believe this is just par for the course, the observationists, if you will, is there a new sense of urgency? Now? Well, I think that there's always a sense of urgency, and I you know, whether it's an acceleration or not, the overwhelming trend is that the Earth is just in warmer and that we are still not doing enough to combat that warming. And so if it weights people up and is a reminder that we actually need to, you know, take some severe action to stop this trend, then I guess that, yeah, there could be a call for a renewed sense of urgency. The urgency was needed all along, but yeah, I suppose that this would be a weight of call. We are talking with Bloomberg opinion columnist Laura Williams about the quote gob smackingly Banana's heat, as scientists describe it, and as it's listed in your column on the Bloomberg terminal. Laura, it was a great read, very interesting to see how they are using terms that you might you might hear among the laypersons such as myself, you don't usually expect to hear from people who study this for a loving What do they believe this could mean for the coming winter months. Are we going to see a milder than usual winter or because it's an extreme, where we going to see a colder winter. That's a good question, and I guess we'll find out when the data comes out, But I think for now, October is looking to be warmer than average. And I would say that with you know the fact that we're in an El Nino that tends to make things warmer. It actually tends to make parts of the world, So I think Europe might be might be CNA holder slightly tolder winter if their only pattern holds true. But I certainly wouldn't be surprised if we saw a warmer than average October and November. So there may be some disagreement about what these temperature trends are telling us right now among signs, but they do agree on one thing, and that there's an issue with political will. There isn't enough of it. Where does that stand? Yeah, so you know, I would say that the fissure between science and political will is huge. We need to be deterbinizing with farmer urgency. So according to the website the Climate Actioning Tractor, which takes stock of all of the promises and policies of countries around the world, and then not a single country in the world is taking action that's compatible with limiting warm into one point five degree celsius above pre industrial temperatures. The UK has rolled backs and that zero tardets. Germany's approved bringing toll fired power plants back in line over the winter. US oil production is running at an all time high. It's not really how you'd expect country is reacting to climate crisis to be acting. Is that in part because of the geopolitical climate that we are dealing with right now, what's going on in uk and now what's going on in the Middle East, and what it's going to mean for heating fuel being shipped out to those areas. Yeah, I think, I think definitely the geobilistal you know, environment is not helping. And we've also got a you know, really high inflation, which is you know, stretching people's wallets, and whether we like it or not, we have to admit that, you know, sometimes net zero action is going to cost people more in the in the short term. In the long term, you'd hope that it would, you know, eventually bills should come down. We rolled out renewables enough, but certainly in the short term we're feeling in our wallets. Have they been able to get any traction with this, to get the attention of those lawmakers and those leaders who would be able to take the lead on this, or are they being shouted down, if you will, or drowned out by what is going on in the rest of the world and the really urgent need in the rest of the world for things like heating fuel because of what's happening in Ukraine and Israel. For sure, I think that at the moment, it definitely feels like, you know, the scientists are being drowned out just because of the urgency of these other prices. It will be really interesting to see at COP twenty eight in Dubai in December, what kind of happens there, you know, whether we're able to kind of come around the table and re you know, set our sights on more ambitious climate action there and kind of you know, center ourselves around that, or whether indeed, you know, the under end conflicts kind of again makes it another kind of non event, all right, and we're going to watch it with you. Thank you so much, Laura for bringing us up to speed on this. Thank you very much for having me. Larah Williams a Bloomberg Opinion columnist. She covers climate change and coming up, we're going to continue this climate change conversation. We'll talk about what's better for the earth. Using a clothesline to dry your clothes or just run the dryer might surprise you. You're listening to Bloomberg Opinion. You're listening to the Bloomberg Opinion podcast. Catch us Saturdays at one and seven pm Eastern on Bloomberg dot Com. The iHeartRadio app and the Bloomberg Business app, or listen on demand wherever you get your podcasts. You're listening to Bloomberg Opinion. I'm Amy Morris. Okay, what's better for the planet running your clothes dryer or hanging your clothes on a line outside? It might depend. We welcome Bloomberg Opinion columnist David Fickling, who covers energy and commodities. David, thank you for taking the time with us. Your column starts with this intriguing thought when running the dryer maybe actually be better for the planet. And this is all about solar power changing how grids operate bring us up to speed. Yeah, sure, well, I mean this literally was a dilemma that confronted me a few weeks ago on a Saturday afternoon when I'd just done a load of laundry and it was a lovely day for putting laundry out on the line. It was a beautiful, bright, sunny spring day. I'm in Sydney, of course, so it's spring here at the moment. But then I am someone who regularly writes about energy, and so a thought occurred to me, which is, if the weather is so good for the sun drying clothes on the line. It's probably also very good for powering solar panels, and Australia is one of the most heavily solar rooftop solar dense places in the world. You know, per capital, we have more solar panels than any other country. And so of course what this means is, in the same weather conditions, you're actually going to have a surge of solar generation hitting the grid, which is possibly going to be too much for the grid. I had a look at the website of the grid operator and it turned out that at that point the price of electricity wholesale in the market was about minus seventy Australian dollars about minus fifty US dollars per per meguar tower. So it was a negative price there was. You know, normally, obviously you have to pay for electricity, but this was the opposite because there was so much solar hit hitting the grid at this point that they were essentially the market was prepared to pay people like me. Of course, I was not actually going to get any money from this because of the way bills are structured, but it was prepared to pay users to take the electricity off their hands. So this completely changes the calculus of it, because if you want to have strong grids, and if you want to have also a you know, a financially viable renewables sector paying into the grid, you actually you want to be running the dryer at the middle the middle of the day. You don't want to be putting the stuff on the line because you actually want these imbalances in the grid to sort themselves out. So the balance of power then in the most hyper local energy infrastructure within your own home hyper local, that's got to be a challenge because you have to pay attention to that. You have to pay attention to how much is hitting the grid. I mean, I should say hardly anyone is paying attention to this, and there's several reasons for that. I've actually I used to have pounds on my roof at my current place. I only moved in about nine months ago, so I don't actually have that at the moment, So it doesn't make any difference to my electricity costs. I pay the same tariff regardless of the time of day. That makes no difference at all. In addition, in almost every market that the wholesale price of electricity does not reflect the retail price of electricity, and the only extent to which it does is actually something that in a lot of markets is very anachronistic. I can get a I can get a an electricity tariff whereby it cost me less to run appliances at night. I get a cheap off peak tariff at night, and I'll get a on peak tariff, particularly you know, at the peak in the evening, it'll be the highest. Now, it's probably right that it's highest in the evening, but actually night is not really a time when you want to be making it cheaper to get electricity, because in places like Australia and other places. You know, California is actually the first market that really saw this, and we've seen it in Germany and other places as well. It's the middle of the day when the sun is shining most brightly and all those cellar panels are just pumping out electricity. That's actually the time when you really need to fix some of these imbalances that are happening in the grid. We are talking to Bloomberg Opinion columnist David Fickling about how to manage power from the solar grid and how sometimes running the clothes dryer could be good for the planet. Okay, So David, would it be the up to the consumer to adjust that imbalance that you were describing, or is this just one of the growing pains that we're finding as more places are converting to more renewable sources of energy. Is this this part of it, it's not going to be really for the consumer to sort of out. It's a hard thing for the consumers. Sort of the easiest way you can you can fix it as a consumer, but this will only apply to fairly affluent consumers. Certainly people in Australia and California and Germany would apply. Is of course, to attach a solar to a battery to your solar system. The time the toughest time, well, the two to toughest times for grids at the moment, or of course, the middle of the day, which we were talking about, and the evening the sun goes down. Everyone gets home, they switch on appliances, air conditioning, televisions, you know, or manner of things, and of course the solar that was there in the middle of the day is no longer there within your own home home solars, you know, home system. If you attach a battery to it you can be charging it in the middle of the day and discharging it in the evening, and that that potentially works quite well. But across the you know, across grids as a whole, things much more ambitious need to be done than that, and it's and it's a significant problem. You know, we're seeing things like here in Australia, for instance, there is a very big pumped pumped hydro project being built at the moment, which essentially what happens is when there is too much electricity in the middle of the day, a load of water is pumped uphill to a lake high up on a mountain just sort of southwest of Sydney, and then during the evening, when all that electricity is needed, then the water goes down through turbines like a standard hydroectionri dam and it will do this day after day. And there are lots of places, I think in California the same thing applies. There are lots of places where pump hydro is being used. And of course batteries as well for dispatchable power will be you know, utility scale batteries will be more active. But I think one of the problems that we're facing over the coming years. Is that the speed with which households are installing are installing solar power is faster than the sort of utility scale storage solutions can catch up. And dispatchable power, of course, dispatchable power, by which I mean you can switch on and off, you know, with the flick of a switch, which of course is not the case with any renewable power, also not really the case with is not the case with nuclear either. With dispatchable power, you know, most of it is fossil fossil fired, and that's a real problem because of course we want to get rid of fossil fossil fire electricity right now. And so it sounds like the two big things that need to be resolved would be managing the storage issue, the battery, making sure that those can be not only a portable but easy to acquire and quickly charged. And the infrastructure as a whole. Yeah. I mean one other solution, of course, which is again a lot of this depends on having the right market settings in place, and regulators I think in many ways have been somewhat slow to catch up on some of these things because it is all changing so very fast. But of course one thing to bear in mind is is we're seeing surging cells of electric vehicles. Electric vehicles another thing that should be sucking up power in the middle of the day and potentially could be used to discharge electricity in the evening, but at the moment in most markets there is very little regulation that would allow people to do that, you know, so instead we're seeing things like in South Australia, one of the states in Australia which has a particularly high volume of solar. Basically, the grid operator can switch off rooftop solar panels when there is too much of it, which is something that's possibly necessary to stop to stop stress on the grid. But ideally you want to find ways to use it. You don't want to be reducing the amount of zero carbon power that you're producing. You want to be using it more productively. So we're seeing a lot of these teething pains at the moment. David, this is just fascinating. Thank you for taking the time with us today. No, it's lovely to talk. Bloomberg Opinion columnist David Fickleing covers energy and commodities. Don't forget We're available as a podcast on Apple, Spotify or your favorite podcast platform. This is Bloomberg Opinion. You're listening to the Bloomberg Opinion podcast counts Saturdays at one in seven pm Eastern on Bloomberg dot Com, the iHeartRadio app and the Bloomberg Business App, or listen on demand wherever you get your podcasts. This is Bloomberg Opinion. I may you Morris Now. Since the beginning of the pandemic, traffic depths in the US have risen sharply, and during the high ight of the pandemic shutdown, speeding related accidents actually increased. At the time, Pamela Fisher of the Governor's Highway Safety Association explained, why fewer cars on the road, you should have fewer crashes. But the behaviors that were happening out there. People were seeing open highway, open roadways, local roads as well, not just on highways, and they were driving at really crazy speeds and engaging in other unsafe behaviors. Well, it hasn't improved much since then. Preliminary numbers from the Centers for Disease Control and Prevention indicate forty six twenty people died in accidents involving motor vehicles in twenty twenty two. That's down just a bit from twenty twenty one, but still eighteen percent more than in twenty nineteen. Let's look at what's happening. Bloomberg opinion columnist Justin Fox covers Business and joins me, Now, Justin, you have voluminous amounts of data and some really nifty helpful charts to kind of guide us as to why all of this is happening. And you were even able to use this information to a limit. They some of the candidates for what is causing this? But what is the problem? Well, yeah, I mean when you bring this up that traffic fatalities are up in the US, and there's been a big jump since twenty nineteen, but they'd already started rising around I don't know, twenty fifteen or so. And a lot of times people will bring up smartphones or just the pandemic. But if you compare the US to other rich countries, I made a chart of the US, France, Germany, Canada, Australia and the UK. None of the rest of them have had this stall in the improvement in traffic fatalities like the US has. There In all those countries, they've kept going down. In the US, they stopped going down about a decade ago, and they've really gone up significantly over the past few years. So, okay, what's different about the US from these places? And one thing that's been brought up is we have these gigantic pickup trucks and SUVs that are you know, really safe if you're in them and get it in a a crash, but not so great for people in the other cars, and especially for pedestrians. I think there's some really big issues with the really high bumper pickups and SUVs being extreme pedestrian risk because they just you can't see what you're doing as well. So there's some research on that and the thought that maybe some percentage of the increase ten percent something like that is caused by the bigger trucks, and so that lame leaves Okay, well, what happened in the US since twenty nineteen that didn't happen in other places. And obviously it was this sort of national conflict rethinking argument about the role of the police, you know, especially in the wake of George Floyd's murder. Although obviously this discussion been going on for longer, you can sort of date it really coming to the fore to you know, Ferguson back in which I think was the end of two thousand and fourteen, and it if you look, you know, there aren't great national statistics on police stops for traffic violations. There's you know, there's a ole that the Bureau of Justice Statistics does and they're definitely down a little bit. But if you look at specific cities, it's pretty I mean, San Francisco is the champion in the San Francisco Chronicle was the first to report this a few weeks ago that traffic stops are down ninety four percent in San Francisco over the last eight years. But you find and Seattle is almost that much. You find a lot of other cities where they're down pretty significantly too. Now you ascribe some of this, at least to that sort of conflict between police and society what happened with the killing of George Floyd during the height of the pandemic. But could speed cameras, red light cameras, those types of traffic cameras also be a factor. Where you have an electronic eye versus a human eye keeping tabs on how we are on the highway right, those are much more common in most of these other countries that have had big, continued declines in traffic fatalities. We have some in the US, not many speed cameras outside a few big cities, a lot of red light cameras, but actually fewer than there were a decade ago. And that's something that there's been a lot of research done on over the years that especially the speed cameras seem to have a really pretty dramatic effect on reducing traffic fatalities. And it's I mean, I knew I've written about them before and I got lots of emails from people and I got them again now that just Americans hate this idea, and I think the one way to think about it is we also a lot of these other countries are kind of a little more reasonable about their speed limits, like Germany or something. You can drive really fast on the autobot in Germany. You just if you drive faster and you're allowed, you are likely to get in trouble. And I think the UK has been really the toughest on this and has had a really amazing decline in traffic fatalities. So yeah, it's like, Okay, we've dramatically cut back on the kind of traffic enforcement that we mostly do in the US, and at the same time, we're still really reluctant to embrace this other way of doing that has been pretty effective in other countries. It is, I mean, I will and I haven't checked if Kevin Newsom has signed it yet, but California has legislation that the Assembly and the Senate passed that would at least allow San Francisco and a few other cities to start experimenting with speed cameras, and I mean there aren't like New York has tons of both, and I think in general they have been shown to be pretty effective in making the city a lot safer than it used to be, although again New York has had a pretty big drop, you know, not like ninety percent, it's more like twenty or forty or something in enforcement and an increase in fatal accidents. And we are talking with Bloomberg opinion columnist Justin Fox about these sharp rise in traffic related deaths and what can be done about it. I want to get back to the speed camera, the red light camera situation, because you said something about how people just really aren't getting behind it. Anecdotally, I can tell you that when I would cover local news local traffic issues, local neighborhood issues in the Washington, DC area, If you are a driver a motorist, no, you are not crazy one hundred percent in love with those of the traffic cameras. But if you were in a neighborhood, you know, take that driver out of the car and put him in his living room with the kids who are outside playing in the yard. You want those traffic cameras in your neighborhood. I've talked to many people who are actually lobbying, petitioning to get a traffic camera in their neighborhood to slow people down, right, And that's like one reason why we have lots in New York City, because drivers are in the minority here and the people who are worried about getting hit by drivers are in the majority exactly. But that's just a really hard equation in a lot of the country. And I mean, I do think there's some history of the speed cameras being used by you know, small towns in Texas to nab people without adequate warning. And because Texas is one of the states that the legislatures outright banned them. I think there are nine states that have banned speed cameras and eight red light cameras, and then most states just don't have any law permitting them and therefore don't really have any But then they're like Maryland has tons. I don't know. I just think American motorists and I get it because so many people are so dependent on their cars to do everything in their lives. But American motorists are the most entitled people in the world. Like when they're thinking in car thought, sometimes when they get out of the car and realize, oh, I live in a neighborhood with that cars drive through, then they can change that. But just the knee jerk reaction from people, you know, I don't think the enforcement should be unreasonable, in the speed limit should be reasonable, but yeah, why not have automated enforcement rather? Because it has been shown pretty clearly. There was a really interesting, very recent study done using data from lyft and lift drivers in Florida where they could, because of lift's location data, tell exactly how fast the cars were going. They knew who all the drivers were, and black drivers were significantly who were driving the exact same speed as white drivers were significantly more likely to be pulled over. And yeah, with speed cameras, you don't have that. It's really it sort of Police jobs are the kinds of jobs that are hard to hire people for right now. I mean, across the economy, there's this big shortage of young people. I mean, there's lots of them doing it, but the demand, there's this big demand and supply mismatch of especially young people coming into non college degree requiring and police is one of them. And so there's this sort of overall issue. And I just think in a lot of cities people feel like, yeah, do I really want to be a cop? In San Francisco, it doesn't. They pay pretty well, but it doesn't seem like a high status job, and all the police cars are thirty years old, so I don't know. Justin it is a great column. I recommend everybody check it out. Thank you so much for taking the time with us. Thanks for having me. You're listening to Bloomberg Opinion. I n Amy Morris, it's the problem makes me. Actually, Taylor Swift isn't the problem for the NFL at all, but she might not be enough either because for the most part, gen Z couldn't care less about traditional sports. I want to talk about this now with Bloomberg opinion columnist Adam Mentor, he covers the Business of sports, and he joins us, Now, Adam, what will it take besides Taylor Swift for the NFL to win over gen Z? They've spent years worrying about this, and one of the things they're finding is that no matter what they do, overall, the interests of gen Z in their product and in other pro sports traditional sports products is declining. So they're looking and Taylor Swift, they hoped, would provide that a little bit of and temporarily she has, but once she's gone, they're looking for some way to fill that vacuum. So there was a little bit of a boost, but that didn't last. Where does this indifference come from? You know, if you grew up like I did, you sort of had your sports fandom passed on generationally. You watched the football game on Sunday with Grandpa or you watch it with dad, and then you went to school and everybody was talking about what they watched on Sunday with grandpa or dad or mom or whoever it was, and maybe that was inspiration to go and join the high school or elementary school football team. That's breaking down because everybody has their own screen at home now, and so you aren't getting what people who study this called generational fandom. It's not being passed on any more. People either have to find it on their own, they have to find their own way of embracing football, baseball, hockey, whatever it is, or they're just going to find other ways to entertain themselves. And increasingly that's the case. And it's a reason for panic for the NFL, the NHL, and all the major sports leagues. So does this also impact say, the NCAA and those leagues as well. Yes, and no. I mean yes in the sense that sure, you know you're gonna learn to watch Alabama with your parents who was an alum. But even so, you still have your own screen that you can sit on the couch and watch esports on. And we're finding that esports are incredibly popular for gen z, you know, roughly aged twenty six and younger. You know, then it used to be that way. If you're sitting on the couch and there's one TV in the house and it's tuned to the Alabama game, you're watching the Alabama game, not somebody playing you know, League of Legends, you know, with somebody else in Hong Kong. Is there a cultural or even economic impact that comes from the indifference. Right now, we're seeing, you know, huge media rights deals. For example, for the NFL. You know, the NFL is has just started this year a multi billion dollar deal. Amazon is paying a billion dollars a year to show Thursday Night NFL games. That deal is going to last for years. But you know gen Z is starting to age into its prime earning years. And you know the companies, the Googles, the ABC's, the espns, the ESPN, ABC are the same. You know, as they start projecting out what these media rights deals are going to be worth in five or ten years, they're going to look at these demographics and say, hey, wait a second. You know gen Z isn't as interested in this stuff as the millennials were or gen X was, and thus we're not going to pay as much. So it is a long term risk to their business models. I was going to ask, how do you win over the next generation, But it sounds like they don't really know. They haven't figured that part out yet. Yeah, I mean that's the thing they're struggling. One of the things that you hear the league say in the network say, well, we have to meet the fans where the fans are. Well, you know, that used to be at the one television in the living or more or at the stadium. It's not so easy now Now you have to meet them on TikTok. You know, you have to meet them on other social media sites. That gets harder. Who's going to create the content that attracts them? You know. One of the things that the NFL is doing is they're starting to hire influencers, gen z influencers, people who are popular, you know, on these social media service. Is it working? You know, I don't think anybody can say yet. You know, you're not going to see, certainly a Taylor Swift tight bump from a well known influencer on TikTok, you know, reflected in this week's TV ratings, but maybe long term you will. Bloomberg Opinion columnist Adam Mentor covers the business of sports and that does it for this week's Bloomberg Opinion. We're produced by Eric Mullow, and you can find all of these columns on the Bloomberg Terminal. We're also available as a podcast on Apple, Spotify or your favorite podcast platform. Stay with us Today's top stories and global business headlines. Just ahead, I may me Morris. This is Bloomberg.See omnystudio.com/listener for privacy information.
10/26/2023 • 35 minutes, 12 seconds
The Latest Vaccine Rollout and Science Celebrities
We discuss work-from-home myths, the latest vaccine rollout, and science celebrity culture. We also dig into why women are a neglected asset in the inflation fight. Columnists Claudia Sahm, Sarah Green Carmichael, Lisa Jarvis, and FD Flam join.See omnystudio.com/listener for privacy information.
10/19/2023 • 35 minutes, 15 seconds
Child Care Costs and a Glimmer of Hope for Housing
This week, we discuss child care affordability and legislation. We also examine the causes of natural disasters, a dysfunctional housing market, and biking to work. We're joined by Bloomberg Opinion's Sarah Green Carmichael, Conor Sen, Lara Williams, and Justin Fox. Amy Morris hosts.See omnystudio.com/listener for privacy information.
10/13/2023 • 35 minutes, 13 seconds
Labor Fights and the Miami Tech Boom... or Bust?
We discuss the state of labor in the US, the outlook for the GOP and Democrats, Miami's potential tech boom, and genetics and AI. Columnists Betsey Stevenson, Jonathan Bernstein, Lisa Jarvis, and Jonathan Levin join. Amy Morris hosts.See omnystudio.com/listener for privacy information.
10/7/2023 • 35 minutes, 32 seconds
Being Black in America and Damp Eco Sentiment
We discuss why Americans are pessimistic on the economy despite a drop in inflation. We also dig into Moderna and vaccines, climate change's relationship with farming, and being black in America. Claudia Sahm, Justin Fox, Lara Williams, and Lisa Jarvis join. Lisa Mateo hosts.See omnystudio.com/listener for privacy information.
9/21/2023 • 35 minutes, 15 seconds
Hurricanes, Housing, and Tipping
We talk Hurricanes, manufactured homes, and the relationship between weight loss drugs and alcohol. Bloomberg Opinion columnists David Fickling, Jonathan Levin, and Lisa Jarvis join for those discussions. We also talk tipping with editor Bobby Ghosh. Amy Morris hosts.See omnystudio.com/listener for privacy information.
9/14/2023 • 35 minutes, 22 seconds
INTRODUCING: Bloomberg News Now
Bloomberg News Now is a comprehensive audio report on today's top stories. Listen for the latest news, whenever you want it, covering global business stories around the world. Listen and Subscribe on: Apple: apple.co/3Eyz9EX Spotify: spoti.fi/45IG5LR Anywhere: bit.ly/460OMka See omnystudio.com/listener for privacy information.
9/13/2023 • 30 seconds
Climate and the Economy
We dig into a variety of climate-related topics with the Bloomberg Opinion team. Columnist Claudia Sahm explains how the heat is dragging on economic productivity. Opinion's Liam Denning raises the alarm on how the wildfires in Hawaii can affect communities across America. F.D. Flam discusses how fossil fuels are threatening baby penguins, and editor Jessica Karl joins to wrap Opinion's commentary on extreme weather. Amy Morris hosts.See omnystudio.com/listener for privacy information.
9/5/2023 • 35 minutes, 13 seconds
UPS and the Fed and Wind 'Turbinegeddon'
UPS has a message for the Federal Reserve, says Bloomberg Opinion's Conor Sen, and he tell us the Fed should listen. What is wind "turbinegeddon," and why is it a troubling climate omen? Bloomberg's Chris Bryant joins us to explain. We also explore why even wealthy Americans are anxious about money with Bloomberg's Allison Schrager. And can an electric vehicle be a muscle car? Bloomberg's Bobby Ghosh says it just may be able to. Amy Morris hosts.See omnystudio.com/listener for privacy information.
8/31/2023 • 35 minutes, 19 seconds
COVID, Alcohol Consumption, and Childcare Costs
What to make of the recent COVID uptick? Bloomberg Opinion editor Brooke Sample talks about the possible responses to the recent rebound. Columnists Kathryn Edwards and Lisa Jarvis also join us, discussing childcare costs as well as alcohol consumption> We also explore the expensive office lunch with Allison Schrager. Amy Morris hosts.See omnystudio.com/listener for privacy information.
8/24/2023 • 35 minutes, 18 seconds
The GOP and Polls and a Postpartum Breakthorugh
How much attention should voters pay to Donald Trump's huge lead in the GOP primary polls? Bloomberg Opinion columnist Jonathan Bernstein says not too much. He joins to explain. Opinion's Faye Flam also provides some political analysis, as it relates to Robert F. Kennedy Jr., vaccines, and conspiracy. Columnist Lisa Jarvis joins to discuss the potential benefits of a postpartum depression pill, and Sarah Green Carmichael talks about her column on the misconception Zoom calling workers into the office. Amy Morris hosts.See omnystudio.com/listener for privacy information.
8/14/2023 • 35 minutes, 28 seconds
An Unlikely College Sports Marriage and Emergency Nest Eggs
Bloomberg Opinion Adam Minter says as student athletes generate billions of dollars for universities and now earn money themselves, a marriage of college sports and private equity makes sense. He joins to explain. Columnist Faye Flam talks about outrage currency and how Robert F. Kennedy Jr. is cashing in. And we also welcome Allison Schrager and Merryn Somerset Webb, who discuss emergency savings in the US and ESG investing as it relates to Big Food. Amy Morris hosts.See omnystudio.com/listener for privacy information.
8/11/2023 • 35 minutes, 28 seconds
Donald Trump, Manhattan Real Estate, and Taylor Swift
Bloomberg Opinion's Jonathan Bernstein joins to talk about the GOP and Donald Trump in the wake of his latest indictment. We also discuss the nation's hottest real estate market: Manhattan. Columnist Justin Fox has the details on that story. Erin Lowry and Jonathan Levin join, talking about the value of a college education and Taylor Swift. Amy Morris hosts.See omnystudio.com/listener for privacy information.
8/4/2023 • 35 minutes, 27 seconds
Human Rights in El Salvador and Race in Hiring
Bloomberg Opinion's Eduardo Porter discusses El Salvador's controversial iron fist policy that raises complicated questions about democracy. Columnist Lisa Jarvis says, if you never got COVID, thank you genes. She joins to explain. Kathryn Edwards says assertions of racial bias against white men are not supported by unemployment data. And Faye Flam joins to talk about rising temperatures. Hosted by Amy Morris.See omnystudio.com/listener for privacy information.
7/28/2023 • 35 minutes, 15 seconds
GOP House Conflicts and San Francisco in Crisis
How much longer can Kevin McCarthy appease House members and is a government shutdown inevitable? Jonathan Bernstein joins to discuss the latest in DC. Bloomberg's Sarah Green Carmichael joins to talk about Shopify's approach to meetings and whether other corporations should consider how often, and how long, they meet. Opinion's Justin Fox discusses the similarities and differences between Detroit and San Francisco, and Conor Sen talks about northern migration during the summer months. Amy Morris hosts.See omnystudio.com/listener for privacy information.
7/20/2023 • 35 minutes, 18 seconds
Arctic Drilling and Cricket in the US
Drilling in the Arctic is like drilling on the moon, according to columnist Liam Denning, who joins us again to talk about his findings on his trip north. Closer to the equator, it's much hotter, and Opinion's Andrea Felsted discusses where folks are going amid the summer travel season. Columnists Faye Flam breaks down the danger of aspartame, and Bobby Ghosh tells us whether he thinks a new cricket league will be successful in the US. Amy Morris hosts.See omnystudio.com/listener for privacy information.
7/13/2023 • 35 minutes, 19 seconds
BONUS EPISODE: Student Loan Supreme Court Fallout
After the Supreme Court threw out President Biden's plan to cut student loan debt, more than 40 million people are preparing to resume payments on their debt. And it's not just former students who could feel the pain. The broader economy could also take a hit. Bloomberg's Denise Pellegrini has details in this special report. See omnystudio.com/listener for privacy information.
7/9/2023 • 6 minutes, 54 seconds
Lehman II and Remembering Richard Ravitch
Are we staring down "Lehman II?" In a way, yes, according to Bloomberg Opinion's Chris Bryant. He joins to explain. We also dig into the UK's climate miss with columnist Lara Williams, and Opinion's Brooke Sutherland joins to talk about AI's impact on manufacturing. And Allison Schrager discusses her column on Richard Ravitch. Amy Morris hosts.See omnystudio.com/listener for privacy information.
7/6/2023 • 34 minutes, 49 seconds
The GOP and Hunter Biden and Roe One Year Later
We explore the GOP's focus on Hunter Biden and the political implications of their investigations. Bloomberg Opinion's Jonathan Bernstein joins. Columnist Lisa Jarvis joins to discuss the impact of overturning Roe v. Wade one year later. Columnists Conor Sen and Justin Fox also discuss their columns on stagflation and work productivity. Amy Morris hosts.See omnystudio.com/listener for privacy information.
6/30/2023 • 35 minutes, 16 seconds
Alibaba's Shakeup and Rethinking College
Bloomberg Opinion's Tim Culpan analyzes Alibaba's leadership change and outlook for the company, as well as the overall economic picture in China. Economist Kathryn Edwards also joins to discuss her Opinion column about inequality in the US. Editor Romesh Ratnesar discusses the value of a college education and why some students are choosing not to attend. And columnist Faye Flam breaks down the importance of sleep. Amy Morris hosts.See omnystudio.com/listener for privacy information.
6/23/2023 • 35 minutes, 20 seconds
A Fed Pause and an Arctic Army
A Fed pause, a travel boom, and an army on top of the world. We dig into those stories and more on this week's episode of Bloomberg Opinion. Columnists Jonathan Levin, Liam Denning, Rachel Rosenthal, and Brooke Sutherland join to discuss. Amy Morris hosts.See omnystudio.com/listener for privacy information.
6/16/2023 • 35 minutes, 18 seconds
NEW PODCAST: Bloomberg Talks
Get today’s top interviews from Bloomberg News on the NEW Bloomberg Talks podcast. On Apple: apple.co/45Oio52 On Spotify: spoti.fi/3NdBTM7 On Stitcher: bit.ly/45MmtGW Anywhere: bit.ly/3oODwaOSee omnystudio.com/listener for privacy information.
6/11/2023 • 45 seconds
EVs and Climate Change and the Paparazzi Economy
We discuss the effectiveness of electric vehicles on climate change goals with Romesh Ratnesar of Bloomberg Opinion, and also dig into the exodus from New York City with columnist Justin Fox. Opinion's Lisa Jarvis joins to talk about social media's affect on adolescent mental health, and columnist Allison Schrager discusses the new paparazzi economy. Amy Morris hosts.See omnystudio.com/listener for privacy information.
6/8/2023 • 35 minutes, 22 seconds
Airline Mergers and Health Worker Concerns
We explore airline mergers and regulation with Bloomberg Opinion's Brooke Sutherland. We also talk about the shortage of nurses and the concern in the UK over doctors. Editor Rachel Rosenthal and columnist Therese Raphael join for those discussions. We also talk about unemployment insurance with Bloomberg's Kathryn Edwards. Amy Morris hosts.See omnystudio.com/listener for privacy information.
6/1/2023 • 35 minutes, 22 seconds
GOP Urban Deserts and Ghost Kitchens
Bloomberg Opinion columnist Jonathan Bernstein joins the show to discuss Republican disinterest in appealing to America's urban regions. Lisa Jarvis, columnist with Bloomberg Opinion, discusses the FDA liberating the Opill. Lara Williams joins to talk about protecting lions to save the climate. And where did ghost kitchens go? Opinion's Leticia Miranda tells us they're a phenomenon of pandemic's past. Amy Morris hosts.See omnystudio.com/listener for privacy information.
5/26/2023 • 35 minutes, 20 seconds
Biden's Fed Pick Miss and Lowering the Voting Age
This week, we dig into President Biden's nomination of Adriana Kugler for the Fed's Board of Governors. Bloomberg Opinion columnist Allison Schrager says the president's made a mistake. Opinion's Jonathan Bernstein also joins, critiquing Vivek Ramaswamy's plan to raise the voting age. We also discuss life as a middle manager in corporate America with Sarah Green Carmichael, and discuss why plastic might, sometimes, be better than paper with Adam Minter. Amy Morris hosts.See omnystudio.com/listener for privacy information.
5/19/2023 • 35 minutes, 21 seconds
Consumers Cruise as AI Looms over Labor
Bloomberg Opinion columnist Jonathan Levin parses through cruise data and says it presents further evidence that consumers are resilient. Conor Sen with Bloomberg Opinion also joins to discuss the threat artificial intelligence poses to jobs. Lisa Jarvis explains the health risks of loneliness and columnist Leonid Bershidsky also joins to talk about the war in Ukraine and Vladimir Putin's ambitions. Amy Morris hosts.See omnystudio.com/listener for privacy information.
5/12/2023 • 35 minutes, 21 seconds
The Price of Bank Runs and the Value of Twitter Blue
Bloomberg Opinion columnist Paul Davies says although JPMorgan's rescue of First Republic calmed markets for a brief moment, regulators should consider how the costs of such a move could ripple through the economy. Opinion's Lisa Jarvis joins to discuss the weight loss drug race. We also consider the implications for America's democracy if we do in fact see a Biden-Trump rematch with columnist Clive Crook. Bloomberg's Allison Schrager also joins to talk about the value of Twitter Blue, and whether it's been destroyed by Elon Musk. Amy Morris hosts.See omnystudio.com/listener for privacy information.
5/5/2023 • 35 minutes, 22 seconds
The Cure to Bank Runs and the AM Radio Quagmire
How do you stop bank runs? Bloomberg Opinion's Paul Davies says the less banks, the less runs. We also discuss the US housing market and childcare in America. Bloomberg Opinion's Conor Sen and Kathryn Edwards say, respectively, both are broken. And Opinion columnist Liam Denning also joins, explaining why electric vehicles are a threat to AM Radio. Amy Morris hosts.See omnystudio.com/listener for privacy information.
4/28/2023 • 35 minutes, 15 seconds
Fed Disunity and the Mifepristone Court Battle
Is Fed disunity coming at just the wrong time? Bloomberg Opinion's Jonathan Levin talks about the Fed dissent and how it could affect inflation in the US. Opinion's Lisa Jarvis says the recent ruling on mifepristone is a threat not only to women's health, but also pharmaceutical innovation. Bloomberg Opinion editor Sarah Green Carmichael critiques complicated hiring practices, and columnist Lara Williams offers a warning: flights are about to get a lot more expensive. Amy Morris hosts.See omnystudio.com/listener for privacy information.
4/20/2023 • 35 minutes, 15 seconds
Will Americans Push Back on Inflation, and Farmers on America First?
Bloomberg Opinion columnist Chris Bryant says we're all being too passive on inflation. What action can consumers take? He joins to explain. Opinion's Adam Minter also joins, discussing how protectionism negatively impacts farmers. Frank Wilkinson and Conor Sen also talk about their recent columns, "Tennessee Gun Politics Are Warped by Racism" and "Major League Baseball’s Revolution Has Just Begun." Amy Morris hosts.See omnystudio.com/listener for privacy information.
4/14/2023 • 34 minutes, 40 seconds
Biden's Missed Oil Opportunity and CDC Mistrust
President Biden promised to refill the Strategic Petroleum Reserve when oil prices reached a certain threshold. It hit that level, and Biden flinched. Now, he'll pay for it, says Liam Denning, columnist with Bloomberg Opinion. Liam joins us alongside columnists Justin Fox, Faye Flam, and Beth Kowitt. With the Bloomberg Opinion team, we examine New York City's COVID rebound, the CDC's attempt to re-establish trust, and what "workaholism" means for women. Amy Morris hosts.See omnystudio.com/listener for privacy information.
4/6/2023 • 35 minutes, 15 seconds
A Netanyahu Pivot and Federal Spending Lessons
Israeli Prime Minister Benjamin Netanyahu pivots from his controversial judiciary proposal in the face of mass protests. Opinion columnist Bobby Ghosh discusses the questions it raises about Israel's democracy. Bloomberg's Allison Schrager and Timothy Lavin also join. Allison talks about how rising rates are making us re-examine federal spending, and Lavin explains why the expensive government semiconductor bill is headed towards failure. Opinion's Andrea Felsted also joins, discussing how recent bank crises are impacting Big Bling. Amy Morris hosts.See omnystudio.com/listener for privacy information.
3/31/2023 • 35 minutes, 12 seconds
Gen Z Workers and America's Needed Real Estate Bust
Columnist Conor Sen describes the real estate bust that America's suburbs need.
Justin Fox is looking for the labor force's missing Gen Z workers.
Beth Kowitt explains how abortion politics put Walgreens in a no-win situation.
Jonathan Bernstein asks 'will the GOP stick by Trump'
Hosted by Amy Morris. See omnystudio.com/listener for privacy information.
3/24/2023 • 35 minutes, 1 second
In Search of the New SVB and the Future of Cancer Drugs
Opinion columnist Tim Culpan joins the program to discuss the future of startups and venture capitalists who found a home in Silicon Valley Bank. Lisa Jarvis with Bloomberg Opinion digs into the Pfizer-Seagen deal, exploring the possibilities for cancer drug development. Opinion's Jonathan Bernstein also joins, weighing the future of the Republican Party should former President Trump be indicted. And columnist Allison Schrager discusses why workers feel so unhappy, despite ample lesiure time.See omnystudio.com/listener for privacy information.
3/17/2023 • 34 minutes, 11 seconds
Ohio Looks for Answers, Workers Call for Benefits
Who owns train cars? Not who you think, according to Bloomberg Opinion's Brooke Sutherland. She joins to explain. Editor Sarah Green Carmichael also joins to talk about giving workers benefits, as opposed to raises. And Opinion columnist Alexis Leondis talks about the mortgage lender lie, while Lara Williams discusses ocean health.See omnystudio.com/listener for privacy information.
3/10/2023 • 34 minutes, 13 seconds
Data Dependency and the Global Energy Pivot
Opinion columnist John Authers reflects on the week in markets and looks at the Fed's rate hike path. He explains why the phrase "data dependent" carries more meaning than it might seem. Opinion's David Fickling describes the unintended consequences of Russia's war in Ukraine as it relates to energy. And columnist Shuli Ren previews China's National People's Congress.See omnystudio.com/listener for privacy information.
3/3/2023 • 33 minutes, 47 seconds
The Fed Lag and Mortgage Rate Dilemma
Bloomberg Chief Rates correspondent Garfield Reynolds says the strong start to 2023 might just be a red herring. He joins to break down rate moves and explains what recent eco-data and hawkish Fed messaging might mean for the US economy. Opinion's Tim Culpan discusses the exploding interest in ChatGPT and outlines the risks of artificial intelligence developed in China. Columnist Alexis Leondis also joins to discuss the mortgage double-edged sword.See omnystudio.com/listener for privacy information.
2/24/2023 • 34 minutes, 10 seconds
Fed Hawks Emerge as Inflation Remains Sticky
St. Louis Federal Reserve president James Bullard and head of the Cleveland Fed Loretta Mester roil markets late in the week after suggesting the Fed could raise rates for longer than anticipated. How does the rate hike path affect investing strategies? Bloomberg Chief Rates correspondent Garfield Reynolds discusses what this week’s market moves mean for investors and breaks down recent bond market activity. Bloomberg Opinion columnist Tim Culpan takes a close look at Japanese conglomerate SoftBank and explains why it might seem too big to fail, but actually is not. Opinion’s Alexis Leondis also joins, talking about the inflation pinch on childcare and why the tax code cannot keep up with costs.See omnystudio.com/listener for privacy information.
2/17/2023 • 34 minutes, 33 seconds
Should the Fed Cut Rates... and Should You Cut Meat?
Could we see rate cuts this year? Maybe, says Bloomberg Chief Rates Strategist Garfield Reynolds. But it'll come at a cost. Adani isn't Evergrande - it's worse, according to Bloombrerg Opinion's Shuli Ren. We discuss what's next for Gautam Adani. We also explore meat alternatives with Opinion columnist Stephen Mihm.See omnystudio.com/listener for privacy information.
2/10/2023 • 34 minutes, 18 seconds
Man versus market: Powell and Adani Go it Alone
John Authers and Mark Cranfield pick apart the market reaction to Fed Chair Jerome Powell's post-FOMC news conference. They appraise the market's response to what it heard. Indian industrialist Gautam Adani found himself at the mercy of the market this week too. Shuli Ren explains Adani's predicament and what any permanent damage may mean for India's growth trajectory. See omnystudio.com/listener for privacy information.
2/3/2023 • 33 minutes, 9 seconds
Tanks in Ukraine and China's Reopening
The US and Germany will supply Ukraine with top tier battle tanks. How will it help Ukraine fight against Russian aggression? Retired Navy Admiral and Bloomberg Opinion columnist James Stavridis offers his outlook. Bloomberg Executive Editor for Asia Markets Paul Dobson also joins to discuss the push and pull between US and Asian markets. In this episode, we also cover the political instability in Myanmar with Opinion's Clara Ferreira Marques, and columnist Justin Fox explains why retail could surprise in 2023. Listen to the latest Bloomberg Opinion podcast for all of these stories from this week.See omnystudio.com/listener for privacy information.
1/27/2023 • 33 minutes, 31 seconds
The Fed’s Impact on EM and America’s Drinking Problem
How will rate hikes from the Federal Reserve play out in emerging markets? We get the view from Bloomberg Opinion columnist John Authers. Plus, Garfield Reynolds tells us why fighting the Bank of Japan could be a losing bet. And Justin Fox weighs in on the post-pandemic drinking binge that just won't end. Listen to the latest Bloomberg Opinion podcast for fresh takes on these and other stories in the news this week.See omnystudio.com/listener for privacy information.
1/20/2023 • 34 minutes, 23 seconds
House on Fire
Republicans elected a House Speaker. Although Kevin McCarthy seems secure in the role, for now, Bloomberg Opinion columnist Jonathan Bernstein believes there's more instability to come. And Bloomberg's John Liu examines China's geopolitical and economic risks.See omnystudio.com/listener for privacy information.
1/13/2023 • 33 minutes, 36 seconds
China's COVID Pivot and Speakership Stagnation
Shuli Ren discusses returning home amid China's reopening and the devastating effects of zero-COVID. John Authers breaks down market risks, as they relate to inflation, the Fed, and DC gridlock. And Tim Culpan weighs Twitter's future.See omnystudio.com/listener for privacy information.
1/6/2023 • 32 minutes, 13 seconds
The Best of Bloomberg Opinion
Join us as we wrap the top stories we covered this year. Philosopher Volodymyr Yermolenko breaks down Ukrainian and Russian identities and post-war questions. Clara Ferreira Marques remembers Mikhail Gorbachev. David Fickling examines the world's bread baskets, and Cambridge professor Helen Thompson discusses the new world order.See omnystudio.com/listener for privacy information.
12/28/2022 • 34 minutes, 16 seconds
Not So Negative Anymore
Global reaction to the Bank of Japan's decision to tweak its yield curve control mechanism with Marcus Ashworth and Paul Dobson. Jonathan Bernstein wraps up the year in politics. And Bobby Ghosh joins to discuss the lessons the 2022 World Cup had to teach us.See omnystudio.com/listener for privacy information.
12/22/2022 • 34 minutes, 41 seconds
Match of the Day
Jonathan Levin and John Authers join to discuss the Fed’s response to the inflation outlook for 2023 and beyond: fairly unanimous until it’s not. The market, too, a player in this game. David Fickling joins to discuss fusion, how it works (now that it does) and what’s to be done with that “BFD”, in the phrasing for Energy Secretary Granholm.See omnystudio.com/listener for privacy information.
12/16/2022 • 33 minutes, 40 seconds
Around The World
We start in the US this week with John Authers explaining the Roman calendar is only tangentially related to market moves. But it is responsible for the hefty load of predictions arriving right about now. Stephen Mihm explains why The Bahamas is good at keeping secrets. Then we move to Kazakhstan, a country other countries need to be on good terms with. And finally Shuli Ren explains how taxation works in China, as the country prepares for an era of "common prosperity" while attempting to recover from Covid and Covid Zero. See omnystudio.com/listener for privacy information.
12/9/2022 • 33 minutes, 18 seconds
Carrots and sticks
Clara Ferreira Marques joins to discuss the protests that erupted in China this week and how authorities are apt to handle the dissent. Barry Ritholtz joins to discusses markets in 2022 as we kick off the final month of the year.See omnystudio.com/listener for privacy information.
12/1/2022 • 29 minutes, 16 seconds
Harvesting Time
Alexis Leondis joins with a guide to making the most of this year's investing losses. We also speak with Shuli Ren on Xi Jinping's efforts to have big tech help with common prosperity. Stephen Mihm discusses how export controls have intersected with US foreign policy and how current controls will impact the US and Chinese economies. And Jonathan Levin dissects what Fed speakers will aim to say to the market before the next batch of data and the December 14th FOMC decision. See omnystudio.com/listener for privacy information.
11/24/2022 • 31 minutes, 32 seconds
Buffett Beware
We take a look at market short-covering and recap the Midterms. We also consider the hackneyed label: "The Next Warren Buffett." Cam Crise, Jonathan Bernstein, and Justin Fox join.See omnystudio.com/listener for privacy information.
11/18/2022 • 30 minutes, 18 seconds
Electoral Incentives
As Midterm results trickle in, a deeply divided Congress is taking shape. Inter-party divides are also on display. Bloomberg Opinion's Jonathan Bernstein discusses the challenges the next Congress will face.See omnystudio.com/listener for privacy information.
11/15/2022 • 17 minutes, 58 seconds
Inflation slows, a Red Wave wrinkles
Inflation slows, for now. Where will markets and the Fed go from here? And where exactly was the red wave? Are more permanent voting blocks forming? We explore those questions with Bloomberg Opinion's Jonathan Levin and Jonathan Bernstein.See omnystudio.com/listener for privacy information.
11/11/2022 • 29 minutes, 32 seconds
The Red Ripple
The balance of power in Washington is yet to be decided days after the Midterm elections. That's not what Republicans thought would happen as Election Day approached. Bloomberg Opinion's Jonathan Bernstein explains why the country didn't experience a "red wave" this election cycle.See omnystudio.com/listener for privacy information.
11/10/2022 • 14 minutes, 59 seconds
It's the Economy, Stupid... or is it?
The Fed raises rates yet again. No surprise there, but its forward guidance was. And how much are Republicans and Democrats actually thinking about the economy when they head to the polls Tuesday? Jonathan Levin, Jonathan Bernstein, and Stephen Mihm join the conversation.See omnystudio.com/listener for privacy information.
11/3/2022 • 30 minutes, 43 seconds
Radicalism on the Ballot
We preview the 2022 Midterm Elections. What's at stake at the local, state and Federal levels? And how is radicalism driving voters to the polls? Jonathan Bernstein joins.See omnystudio.com/listener for privacy information.
11/2/2022 • 14 minutes, 12 seconds
The Global Investment Pivot
Investors are closely monitoring a Fed pivot, but there's another pivot they should have their eyes on: leadership turnover in China and the UK. Shuli Ren and Adrian Wooldrige on those stories. And Alexis Leondis discusses another type movement... a physical kind. State migration in part motivated by high taxes.See omnystudio.com/listener for privacy information.
10/27/2022 • 31 minutes, 21 seconds
Difficult Decisions Ahead
New UK Prime Minister Rishi Sunak will soon put forth his economic plan. Will it bring the stability the nation yearns for? Bloomberg Opinion's Adrian Wooldridge joins.See omnystudio.com/listener for privacy information.
10/26/2022 • 12 minutes, 15 seconds
Oil Peak? Consumer pique?
A bold call from David Fickling on oil this week... see if you agree. We also examine data showing the beginnings of a shift in US consumer behavior with Jonathan Levin. And John Authers discusses why we haven't yet seen capitulation in equity markets. See omnystudio.com/listener for privacy information.
10/20/2022 • 30 minutes, 48 seconds
Consumer Cracking
A hotter-than-expected September inflation print portends another jumbo rate hike. Today, we take a deep dive into the data, examining how inflation is influencing consumer behavior. We discuss with Jonathan Levin.See omnystudio.com/listener for privacy information.
10/19/2022 • 12 minutes, 35 seconds
Standoff
Market participants will be on the alert for signs President Xi Jinping's Covid-zero policy might be nearing the end of its shelf-life when Xi addresses the 20th National Congress of the CPC this weekend. The chip war between the US and China ramped up this week with more restrictions from the US on Chinese semiconductor companies. Another hot CPI reading whipsaws markets. And David Fickling discusses food insecurity. John Authers, Shuli Ren, Tim Culpan and David Fickling join.See omnystudio.com/listener for privacy information.
10/14/2022 • 31 minutes, 6 seconds
Q4... Continue Watching
Jonathan Bernstein joins to look at the midterms slate five weeks out. Clara Ferreira Marques discusses Jair Bolsonaro's performance in the first round of the Brazilian election relative to poll predictions, and why 'Bolsonarismo' looks like it will remain a force post-election, no matter the result. And Mike Regan takes the temperature of a very whippy market digesting more Fed speak and lower lows as Q4 begins.See omnystudio.com/listener for privacy information.
10/7/2022 • 31 minutes, 21 seconds
Dollar for Your Thoughts
Dollar strength is fast becoming an Achilles heel for global economies, already grappling with geopolitical uncertainty and unmanageable inflation. Sterling’s plunge this week after a stunning HM Treasury announcement added a layer to FX market turmoil. Tom Orlik, Dan Moss and Andreea Papuc join. We also speak with Justin Fox on how labor market participation in the US could help the Fed. See omnystudio.com/listener for privacy information.
9/30/2022 • 31 minutes, 32 seconds
Hawkish Rhetoric
Markets were faced with streams of hawkish rhetoric this week. In Russia, Vladimir Putin ordered the mobilization of reservists and, again, hinted at nuclear options. In Washington, Fed Chair Jerome Powell, again, signaled the Fed would crush inflation at the expense of growth, and delivered another 75 bps hike. Admiral James Stavridis, Jonathan Levin and John Authers join.See omnystudio.com/listener for privacy information.
9/23/2022 • 31 minutes, 10 seconds
Advance and Retreat
This week we discuss market maneuvers post-CPI and pre-FOMC with John Authers. Clara Ferreira Marques discusses Putin’s options as domestic criticism emerges and President Xi fails to offer public acknowledgment of, or support for, Putin’s war. And Justin Fox notices a trend in one industry that illuminates changes in the US labor force. See omnystudio.com/listener for privacy information.
9/16/2022 • 31 minutes, 17 seconds
Blackouts Loom
The Fed is about to enter its traditional pre-FOMC blackout period, so speakers were plentiful this week. We speak with Conor Sen about whether traders are pricing in the right move in September. Clara Ferreira Marques joins to analyze Vladimir Putin's propaganda agenda via RT. And Shuli Ren considers how China could learn lessons on growth from its Communist neighbor Vietnam. See omnystudio.com/listener for privacy information.
9/8/2022 • 30 minutes, 40 seconds
Leaders Come; Leaders Go
Adrian Wooldridge joins to explore what a Liz Truss premiership might mean for markets, as she looks set to take over from Boris Johnson as Tory Party leader and British Prime Minister. Clara Ferreira Marques discusses Mikhail Gorbachev’s complicated legacy with Russia’s Vladimir Putin currently at war. One leader staying put and on message is Fed Chair Jerome Powell. We discuss his 2022 Jackson Hole message to markets with Nir Kaissar. See omnystudio.com/listener for privacy information.
9/2/2022 • 31 minutes, 16 seconds
The Fall
It's all about what the fall will bring. For market participants, Jackson Hole might provide a clue - Jonathan Levin joins on the Fed's glide-path. Leonid Bershidsky discusses the evolution of Russia's war in Ukraine and how Russians who have left, or want to leave, should proceed. Andreas Kluth joins from Berlin on Germany's energy conundrum: should the country delay nuclear exit a fourth time? Should it ration usage in a war economy pose?See omnystudio.com/listener for privacy information.
8/25/2022 • 29 minutes, 19 seconds
It's Tightening, Jim, But Not As We Know It
Marcus Ashworth on another tool central banks are ramping up. Not the PBOC though, which actively eased this week as 2022 GDP growth looks increasingly precarious. Dan Moss joins us. And Jared Dillian on markets, looking towards Jackson Hole and companies digest a new 1 percent buyback tax in the Inflation Reduction Act.See omnystudio.com/listener for privacy information.
8/19/2022 • 30 minutes
Inflation Reduction
Inflation may have cooled a degree in July, but pressures are still simmering. John Authers and Jonathan Levin weigh expectations and volatility... and the usefulness of models. Jonathan Bernstein looks at the week in politics and primaries. Anjani Trivedi considers data on the popularity of the traditional financial hubs.See omnystudio.com/listener for privacy information.
8/12/2022 • 31 minutes, 6 seconds
Dire Straits?
The House Speaker's visit to Taiwan vied with the 'Fed Pivot' in dominating the market narrative this week. John Authers and Tim Culpan assess. We speak with Liam Denning about a green map of America that may surprise. And David Fickling explains why falling grain prices and the reopening of the Port of Odesa provides little comfort for governments trying to feed nearly 800 million hungry citizens.See omnystudio.com/listener for privacy information.
8/5/2022 • 31 minutes, 12 seconds
Dollar Strength; Global Pain
This week we examine how dollar strength is intertwined with pain for developing nations. Sri Lanka is serving as a warning to investors with nearly two dozen countries currently staring at default. Europe, too, faces tough choices as Russia closes the energy spigots. We speak with Liam Denning, Ruth Pollard and Stephen Mihm.See omnystudio.com/listener for privacy information.
7/29/2022 • 30 minutes, 50 seconds
Decisions, decisions…
Interest rates, political leadership, mortgage payments... It was quite the week for decisions. We speak with John Authers, Shuli Ren and Brooke Sutherland on the difficult choices faced by institutions, companies, and global political leaders this week. Hosted by Vonnie Quinn.See omnystudio.com/listener for privacy information.
7/22/2022 • 31 minutes, 15 seconds
Recession Obsession
Inflation worsened and expectations for a 100-basis point move from the Fed revived debate over whether recession is here, imminent, or to come. We speak with Barry Ritholtz and Nir Kaissar. Jonathan Bernstein analyzes what we learned from the seventh January 6th hearing. Hosted by Vonnie Quinn.See omnystudio.com/listener for privacy information.
7/15/2022 • 30 minutes, 55 seconds
Helen Thompson on the New World Disorder
We bring you an earlier conversation with Helen Thompson, political economist at Cambridge University, and author of 'Disorder: Hard Times in the 21st Century'. She discusses discuss global energy entanglements and the geopolitical consequences of alliances disrupted by energy supply and security. She also talks about the fragilities of democracy, including dwindling 'losers' consent'. Hosted by Vonnie Quinn.See omnystudio.com/listener for privacy information.
7/8/2022 • 30 minutes, 37 seconds
The Market Bottom
Jared Dillian discusses investing strategies and when it's the right time to time the market. Jonathan Bernstein examines the latest developments from the House January 6th Committee public hearings; David Fickling has more on the risks of food shortages across the world. Hosted by Vonnie Quinn.See omnystudio.com/listener for privacy information.
7/1/2022 • 31 minutes, 14 seconds
Little Boxes All The Same
Justin Fox on the big, boxy apartment buildings that are proliferating at a never-before seen pace post-pandemic; Jonathan Bernstein assesses the progress of the House January 6th Committee public hearings; Shuli Ren and Tim Culpan examine China's economic woes from youth unemployment to weakening economic growth. Hosted by Vonnie Quinn.See omnystudio.com/listener for privacy information.
6/24/2022 • 31 minutes, 23 seconds
The Hiking Trip
Fed Chair Jerome Powell's admission that a single data-point forced the Fed to change tack and front-load rate increases kicks off this week's Opinion. John Authers, Nir Kaissar and Jonathan Levin on what we learned from outsized moves in the markets and from the Fed. We consider, too, what might be in store for July. And Lisa Jarvis gives us an update on Covid-19 in the US as omicron sub-variants circulate and the CDC relaxes travel rules. Hosted by Vonnie Quinn.See omnystudio.com/listener for privacy information.
6/17/2022 • 31 minutes, 16 seconds
It's 9 O'Clock Somewhere
As workers retreat from big city offices once again due to new Covid sub-variants and other factors, we examine crime statistics with Justin Fox. We also look at the history of remote work with Stephen Mihm - turns out it all started as one giant leap for mankind. Alexis Leondis explains how someone on a quarter mil a year can still feel the pinch. And John Authers considers the odds the economy experiences a soft landing while markets experience a hard one.See omnystudio.com/listener for privacy information.
6/10/2022 • 31 minutes, 54 seconds
Deep Bread Basket Blues
David Fickling details how close hundreds of millions of people are to hunger, stunted growth, and worse as the world's bread baskets fail to feed. Ruth Pollard details Sri Lanka's chaos from Colombo and why international investors are studying Sri Lanka's default as a case study for other developing economies. And Jonathan Bernstein on the House January 6th Committee public hearings which start next week: Will they engage viewers, aka voters? Hosted by Vonnie Quinn.See omnystudio.com/listener for privacy information.
6/2/2022 • 30 minutes, 24 seconds
"Little Fires Everywhere"
Mohamed El-Erian's warning informs the show this week. We examine the strengthening dollar with Marcus Ashworth. Tim Culpan discusses the ever-simmering tensions between the U.S. and China over Taiwan. Admiral James Stavridis gives his views on whether Taiwan will be a flashpoint this year. The former Supreme Allied Commander also discusses NATO expansion and introduces us to his new book 'To Risk It All: Nine Conflicts and the Crucible of Decision'.See omnystudio.com/listener for privacy information.
5/26/2022 • 29 minutes, 35 seconds
Two Years On
Two years after George Floyd's murder and the movement towards rectifying race imbalances we audit the performance of the finance industry with John Rogers Jr., founder of Ariel Investments. The 40-year veteran of value investing also gives us his thoughts on the market selloff. Jonathan Bernstein revisits the wacky week in primaries. And David Fickling explains why hundreds of millions of people worldwide are at risk of a shortage of even the cheapest, emptiest source of nutrition. Hosted by Vonnie Quinn.See omnystudio.com/listener for privacy information.
5/20/2022 • 30 minutes, 58 seconds
Taking Cover
Sell in May is taking on new velocity with Nir Kaissar; A look-ahead to the Pennsylvania primaries with Jonathan Bernstein; Hal Brands on whether Russia's war in Ukraine is turning into a proxy war; And nostalgia is the new black - not just in Russia, but also in The Philippines, where 'Bongbong' Marcos is returning the dynasty to the presidential palace. Clara Ferreira Marques gives her analysis. Hosted by Vonnie Quinn.See omnystudio.com/listener for privacy information.
5/13/2022 • 31 minutes, 30 seconds
Interpreting Fed Transparency, JD Vance, and the Roe Leak
Bloomberg Opinion with Vonnie Quinn: Deeper conversations on the week's most significant developments. This week, Jonathan Levin on interpreting transparency; Harvard's Theda Skocpol on the Stacey Abrams playbook - right there for Democrats seeing challenges piling up; Jonathan Bernstein on the meaning of JD Vance; and David Fickling on Pakistan's fundamental deficiency..See omnystudio.com/listener for privacy information.
5/6/2022 • 31 minutes, 13 seconds
The New World Disorder
Bloomberg Opinion with Vonnie Quinn: deeper conversations on the week's most significant developments. This week, a conversation with Helen Thompson, political economist at Cambridge University, and author of 'Disorder: Hard Times in the 21st Century'. They discuss global energy entanglements and the geopolitical consequences of alliances disrupted by energy supply and security. They also discuss the fragilities of democracy, including dwindling 'losers' consent'.See omnystudio.com/listener for privacy information.
4/29/2022 • 30 minutes, 28 seconds
Elon Musk's Twitter Bid And France's Election
This week we look at Elon Musk's Twitter gambit with Matt Levine - will Musk follow through? Now that there's a more committed path to financing, what are the capital markets telling us via those commitments, and what are the next steps for Musk, Twitter's board, and shareholders? We also revisit China's 2022 growth target with Shuli Ren, who called it 'fantasy' on the show two weeks ago before this week's downgrades by the IMF and various institutions. Finally, we examine a new, ever more fractured French electorate with Lionel Laurent as France votes in the presidential runoffs. Hosted by Vonnie Quinn.See omnystudio.com/listener for privacy information.
4/22/2022 • 31 minutes, 19 seconds
Ukraine, The Global Economy, And Supply Chain
Bloomberg Opinion with Vonnie Quinn: deeper conversations on the week's most significant developments. Tune in and join in! This week, John Authers and Conor Sen on peak inflation; peak job growth. And Ukrainian philosopher Volodymyr Yermolenko on Ukrainian, Soviet and Russian identities and questions for a future post-war period. Leonid Bershidsky, Bobby Ghosh and Brooke Sutherland also join.See omnystudio.com/listener for privacy information.
4/15/2022 • 31 minutes, 31 seconds
Globalization, Energy, And The War In Ukraine
We sit down with Bloomberg Opinion columnists to break down some of the week's top stories. Guests include Bloomberg's John Authers, Adrian Wooldridge, Javier Blas, Shuli Ren, Clara Ferreira Marques, and Nir Kaissar. Hosted by Vonnie Quinn.See omnystudio.com/listener for privacy information.