Odd Lots

Bloomberg
Bloomberg
  • 4.7 (3)
  • Investing

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday, Thursday, and Friday

  1. 4 hr ago

    Bhaskar Sunkara Thinks the Market Has a Place Under Socialism

    In September, Gallup released a poll that showed that 43% percent of Americans viewed socialism positively, the highest approval since Gallup began the poll back in 2010. Since Zohran Mamdani won the NYC mayoral election, the left has made a number of gains across national politics. Still, the majority of Americans view socialism negatively, according to Gallup. As a longtime DSA member and veteran of leftist media, Bhaskar Sunkara is one of socialism's leading advocates, and he's spent much of his career charting what a socialist economy in America might look like. Unlike some other leftists, he believes the market has a place. In fact, he thinks markets and entrepreneurs are an objective good in society. He proposes a vision of so-called "market socialism" in his recent co-authored book The Blueprint, and he lays out this system for us in today's episode. We talk about how many features of capitalism — from small businesses to monetary policy — might be remade under socialist principles. Read more:Ocasio-Cortez Boosts El-Sayed and 2028 Talk With $1 Million CheckAn Economist Makes the Case for Mamdani-Style Populism Only Bloomberg - Business News, Stock Markets, Finance, Breaking & World News subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at  bloomberg.com/subscriptions/oddlots Subscribe to the Odd Lots NewsletterJoin the conversation: discord.gg/oddlots See omnystudio.com/listener for privacy information.

  2. 1 day ago

    James Robinson on What It Looks Like When a State is Failing

    The third and last episode from our Chicago live show is with James Robinson, a professor at the University of Chicago and a recipient of the 2024 Nobel Prize in economics (which he shared with Daron Acemoglu and Simon Johnson). His most famous work is 2012's Why Nations Fail, and in that book he and his co-author Acemoglu document the institutional factors — whether it is reliably run elections or open markets that help facilitate innovation — that determine why some states thrive and others don't. So we ask Robinson the big question: What would have to happen for the US to be considered a failed state?Read More: ‘Middle Powers’ Grapple With New Survival Strategies Under TrumpOnly Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox, plus unlimited access to the site and app. bloomberg.com/subscriptions/oddlots See omnystudio.com/listener for privacy information.

  3. 2 days ago

    CME's Terry Duffy on the Disconcerting State of Finance Regulation

    The Commodity Futures Trading Commission was practically brand new when Terry Duffy started working at CME Gropu almost five decades ago, and over the course of his career at the exchange, this legend of the trading world has seen an enormous amount of change when it comes to finance regulation, including the rise of prediction markets, 24/7 trading and perpetual futures. Duffy is set to transition out of his current position as CEO next year, and this conversation, recorded live at City Winery in Chicago, is a sort of exit interview. He tells us how regulation has evolved since the start of his time at the CME. We also talk about why he is against perps, the credibility issues prediction markets face, his definition of spreads versus futures, and what he wishes he knew at the start of his career, now that he is nearing retirement. See omnystudio.com/listener for privacy information.

  4. 3 days ago

    Don Wilson on the GPU Market's Trillion Dollar Question

    When we spoke to Don Wilson, founder and CEO of DRW, in Chicago last year, he told us he wanted to build a market for GPUs that would eventually be bigger than oil. A year's time in the age of AI is an eternity, and so for the first episode of this year's Chicago live show - recorded at City Winery - Wilson joins us on stage again to talk about what's changed and what hasn't in his quest to help build this market. We get his take on the recent tech selloff, including credit concerns around neocloud CoreWeave. And we also discuss how DRW is developing a “crunch spread” (the GPU version of a crack spread), the latest on his plans to launch GPU futures, and the possibility of token futures too.Read more: Jump, DRW Bet on New Compute Market as AI Boom Faces ScrutinyOnly Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox, plus unlimited access to the site and app. bloomberg.com/subscriptions/oddlots See omnystudio.com/listener for privacy information.

  5. 5 days ago

    David Byrne Explains How Forgotten Ideas Come Back to Life

    History is littered with ideas that have been tossed aside, only for them to gain relevance at some later date. Think of Moby-Dick: forgotten in Melville's time, but now regarded as the great American novel. Or the work of economist Hyman Minsky, which became influential a decade after his death, when the 2008 financial crisis made “the Minsky Moment” a mainstream term. These are just a couple of the things we talk about with the legendary musician David Byrne on today's podcast. Byrne's new book, Sleeping Beauties: Why Good Ideas Go Dormant and How They Wake Up, looks to categorize numerous “sleeping beauties” - ideas that were lost but then rediscovered. Besides Melville and Minsky, we also talk about the lost Roman recipe for concrete and we get into Byrne's thoughts on how to write a song and his own experience of having his music rediscovered by a new generation. Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox, plus unlimited access to the site and app. bloomberg.com/subscriptions/oddlots See omnystudio.com/listener for privacy information.

  6. 6 days ago

    The French Political Crisis That's Turning Into a Debt Crisis

    Just about everyone is worried about what is going on in France right now: the country's public finances are in sorry shape and there are fears that the French bond selloff, and the country's growing debt crisis, might spillover into the rest of Europe. On top of that, the 2027 elections have investors worried: The two leading candidates, Marine Le Pen and Jean-Luc Mélenchon, aren't seen to be up to the task of taming France's fiscal turmoil. Shahin Vallée was an advisor to Emmanuel Macron when he was an economic minister and during his first presidential election campaign. Since then, he's paid close attention to the situation in France — he is currently a senior fellow at the German Council of Foreign Relations and he advises institutional investors — and he understands, better than most, what went wrong during Macron's nine years in office. Today, he speaks to us about the origins of the current French debt crisis, how similar it is to the challenges Greece faced during the first euro crisis, and why the 2027 elections are making an unstable situation even worse. Read more:Market for Funding Bonds in France Shows Crisis Is Way OffBank of France Survey Shows Sharp Jump in Business Uncertainty Only Bloomberg - Business News, Stock Markets, Finance, Breaking & World News subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at  bloomberg.com/subscriptions/oddlots Subscribe to the Odd Lots NewsletterJoin the conversation: discord.gg/oddlots See omnystudio.com/listener for privacy information.

  7. 15 Oct

    Jeff Yan's Plan to Bring the Entire Financial Industry Onto Hyperliquid

    Traders and market watchers around the world started talking about a crypto platform called Hyperliquid earlier this year, when speculators used markets built on top of it to trade crude oil after war broke out in Iran. What Hyperliquid allowed for was a 24/7 market on the blockchain. Then in August, President Trump said the CFTC was working on bringing “Hyperliquid into the United States in a fully compliant and legal fashion.” Hyperliquid currently operates outside the US, but that hasn't stopped it from growing prodigiously in the last year. Jeff Yan, CEO and co-founder of Hyperliquid Labs, joins us today to explain how exactly the platform works: He walks us through the protocol he and his co-founders built, the ecology of actors and assets that are tied to Hyperliquid (like the platform's cryptocurrency HYPE), how perps are bought and sold on the platform, he explains what a blockchain oracle is, and he discusses what has to happen for Hyperliquid to start operating in the US. Read more: Strategy’s Saylor Sees Bitcoin Moving Back Up Beyond $100,000 A $90 Million Spyware Hack Sparks Review of Crypto Wallet Sales Only http://Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at  bloomberg.com/subscriptions/oddlots Subscribe to the Odd Lots Newsletter Join the conversation: discord.gg/oddlots See omnystudio.com/listener for privacy information.

  8. 12 Oct

    Nate Soares on How AI Really Could Kill Us All

    Since the Hugging Face incident, concerns over AI doomsday scenarios has entered the mainstream. But of course, some people have been warning about this for years, long before LLMs or ChatGPT. In their 2025 book If Anyone Builds It, Everyone Dies, Nate Soares and Eliezer Yudkowsky spelled out their vision of humanity's inevitable demise once superintelligent AI is built. In this episode, we speak with Soares, who serves as president of the Machine Intelligence Research Institute, about why he believes it's impossible to "align" superintelligent AI, and how exactly the technology can and will go rogue as it gets more and more advanced. Read more: Anthropic IPO Investors Struggle to Put a Price on Rogue AI Risk AI Bubble Risks Worst S&P 500 Crash Since 2008, Strategist Says Only http://Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at  bloomberg.com/subscriptions/oddlots Subscribe to the Odd Lots Newsletter Join the conversation: discord.gg/oddlots See omnystudio.com/listener for privacy information.

See All (1.3k)

Trailer

Shows with Subscription Benefits

Upgrade for ad-free + exclusive bonus content

View Subscription FAQs

Hosts & Guests

Ratings & Reviews

4.7
out of 5
3 Ratings

About

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday, Thursday, and Friday

Information

  • Channel
    Bloomberg
  • Creator
    Bloomberg
  • Years Active
    2015 - 2026
  • Episodes
    1.3k
  • Rating
    Clean
  • Copyright
    2026 iHeartMedia, Inc. © Any use of this intellectual property for text and data mining or computational analysis including as training material for artificial intelligence systems is strictly prohibited without express written consent from iHeartMedia
  • Show Website
    Odd Lots
  • Provider
    Bloomberg L.P.

More From Bloomberg

You Might Also Like