139 episodes

Money goes where it's treated best. That simple truth is a big reason why more and more money—trillions, in fact—flows into a powerful, low-cost tool that's quietly transformed investing in recent years. Exchange-traded funds, or ETFs, let you invest in everything from the stock market to gold like never before. This biweekly podcast will demystify them—and delight you in the process.

Trillions Bloomberg Finance Talk

    • Business
    • 5.0 • 3 Ratings

Money goes where it's treated best. That simple truth is a big reason why more and more money—trillions, in fact—flows into a powerful, low-cost tool that's quietly transformed investing in recent years. Exchange-traded funds, or ETFs, let you invest in everything from the stock market to gold like never before. This biweekly podcast will demystify them—and delight you in the process.

    High-Dividend ETFs Are Having a Moment

    High-Dividend ETFs Are Having a Moment

    When markets plummet like they have this year, investors want to grab onto something—anything—that isn’t in free-fall. High-dividend exchange-traded funds, with their exposures to the energy and utilities sectors, have emerged as a rare bright spot, or at least a less-dim one. They’ve seen $25 billion in inflows already, which is a record—one that could double by the end of the year. 

    On this episode, Eric and Joel speak with Todd Rosenbluth, head of research at VettaFi, and reporter Suzanne Woolley about a category of ETFs punching above their weight. They discuss some of the noteworthy ETFs, including $VYM, $DVY, $HDV, $DHS; analyze holdings and performances, and share how investors can dabble with these made-for-the-moment products.



    See omnystudio.com/listener for privacy information.

    • 34 min
    Just Keep Buying

    Just Keep Buying

    Investing in stock and bond markets during a boring, decade-long bull market is easy enough. It’s a little more difficult when everything is trending downward, inflation is at record highs and even Cardi B is tweeting about recession jitters. And yet, strong flows into exchange-traded funds and index funds show investors are very much willing to follow this wealth-creation strategy.

    Eric and Joel speak with Nick Maggiulli, chief operating officer at Ritholtz Wealth Management, about his new book, “Just Keep Buying.” They discuss saving versus investing, the importance of income-producing assets, international exposure, index investing and more.

    See omnystudio.com/listener for privacy information.

    • 35 min
    The Psychology of a Selloff

    The Psychology of a Selloff

    Unlike most declines, stocks and bonds have been sinking together so far this year. Rising inflation and a hawkish U.S. Federal Reserve are providing little comfort to investors. And yet ETFs continue to see massive flows.

    Eric and Joel speak with Gina Martin Adams, chief equity analyst at Bloomberg Intelligence, as well as Jon Maier, chief investment officer of Global X ETFs, about the search for the bottom, the odds of a recession, Fed policy, trending ETFs, Twitter’s love of the word “capitulation” and more.

    See omnystudio.com/listener for privacy information.

    • 32 min
    The ESG Backlash

    The ESG Backlash

    BlackRock and Vanguard collectively own about 15% of every US company, but are they voting their shares in a way that aligns with investors in their funds? One new exchange-traded fund company, Strive Asset Management, says they aren’t, claiming they’ve gone against their fiduciary duty by becoming too “woke” and forming an “ideological cartel.” Now it has plans to offer alternatives.

    We talk to Vivek Ramaswamy and Anson Frericks, co-founders of Strive. They plan to launch ETFs similar to those of BlackRock and Vanguard, but promise to keep politics and ESG concerns out of their voting. They discuss criticisms of ESG investing, stakeholder vs. shareholder capitalism and what Ramaswamy calls “excellence capitalism.” They also talk about how Strive will compete against the two biggest asset managers on the planet, and its noteworthy backers—including Peter Theil and Bill Ackman.

    See omnystudio.com/listener for privacy information.

    • 32 min
    Inside "The Bogle Effect"

    Inside "The Bogle Effect"

    Three years ago, Bloomberg’s Eric Balchunas and Joel Weber went to Jack Bogle’s office in Malvern, Pennsylvania, and recorded an episode of Trillions. That chat helped inspire Balchunas’s new book, “The Bogle Effect,” about the Vanguard founder’s influence on investing and the financial industry. 

    On this episode of the podcast, Balchunas and Weber are joined by reporter Annie Massa to go over some of the bigger points Balchunas makes in his book. They go over why Vanguard’s ownership structure was the real innovation, and how the rise of passive investing is pushing active managers to get way more active. They also discuss the writing process and Balchunas’s motivation for publishing his second book. 

    See omnystudio.com/listener for privacy information.

    • 36 min
    The Great Emerging Markets Debate

    The Great Emerging Markets Debate

    This past year has reminded everyone why they’re called “emerging” markets. But it’s gone further this time, with investors questioning whether they even want to own anything in countries ruled by authoritarian governments, such as those in Russia and China. The conversation, in other words, has evolved. 

    On this week’s episode of Trillions, we recorded live from the Exchange conference in Miami with Perth Tolle, founder of Life + Liberty Indexes, Jeremy Schwartz, chief information officer of WisdomTree and Bloomberg reporter Katie Greifeld. Tolle and Schwartz have a friendly debate about whether China and Russia deserve a spot in a portfolio. We also discuss currency-hedged exchange-traded funds and life as a small ETF issuer.

    See omnystudio.com/listener for privacy information.

    • 43 min

Customer Reviews

5.0 out of 5
3 Ratings

3 Ratings

Top Podcasts In Business

TED
Farnam Street
Pushkin Industries
France Culture
Spuerkeess | Lëtzebuerger Journal
Il Sole 24 Ore

You Might Also Like

Bloomberg
Bloomberg
Bloomberg
Michael Batnick and Ben Carlson
The Compound
Bloomberg

More by Bloomberg

Bloomberg
Bloomberg
Bloomberg
Bloomberg
Bloomberg
Bloomberg