Odd Lots

4.5 (2)
INVESTING

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

1 HR AGO

The Hidden History of Eurodollars, Part 2: Defending the Dollar System

In this special three-part series, Odd Lots is exploring the history of the eurodollar market. As we enter the turbulent 1960s, the eurodollar market has grown big enough to catch the eye of regulators. The Federal Reserve mounts a fact-finding mission to better explore this rapidly-expanding market. And soon, policymakers have to decide just how helpful eurodollars can be when it comes to solidifying and expanding the greenback's role in international finance at a time when the gold-backed dollar is about to be put under massive pressure. The story is told by Columbia Law School Professor Lev Menand and Federal Reserve Bank of New York Policy Advisor Josh Younger. Read more:Trump Team Studies Gradual Tariff Hikes Under Emergency PowersCanadian Ambassador Warns of ‘Tit-For-Tat’ Retaliation to US Tariffs Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots See omnystudio.com/listener for privacy information.

43 min
1 DAY AGO

The Hidden History of Eurodollars, Part 1: Cold War Origins

At more than $10 trillion outstanding, the eurodollar market is one of the biggest forms of shadow banking activity out there. It's also one of the most interesting markets in existence, allowing non-US banks to hold and lend offshore dollars that effectively sit outside of the Federal Reserve's control. But where did eurodollars actually come from? Why did the US allow these "shadow dollars" to exist at all? And what do eurodollars mean for the greenback's role in the global financial system? In this special three-part series, we look back at the hidden history of the eurodollar market. The story is told by Columbia Law School Professor Lev Menand and Federal Reserve Bank of New York Policy Advisor Josh Younger. We start in the aftermath of World War II, when Europe is in the midst of an expensive reconstruction and the world is in the early throes of the Cold War. It's here that the eurodollar is born. Read more:Russia Sanctions Arm Trump for Talks With PutinScholz Steps Up Criticism of Trump’s Expansionist Rhetoric Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots See omnystudio.com/listener for privacy information.

34 min
2 DAYS AGO

Why Government Hiring Is So Inefficient

Regardless of your political ideology, it's easy to agree that government should work well; that it should be able to hire talented officials, and build things in a timely, cost-effective manner. Of course, what that means in practice is open for debate, and different people will have different priorities. But at the moment, there are reasons to believe the public sector isn't operating optimally. Things move incredibly slow in many cases. Software systems are often old and extremely costly, and don't do a good job serving the public's needs. It can be extremely difficult to bring on the best workers, even setting aside questions about public sector salaries. Jennifer Pahlka is the author of Recoding America, and was the founder of Code for America. She has also served as the US Deputy Chief CTO and has seen how much of government operates up close. We talk to her about what she's seen, how waste happens, how government operations get bogged down by inertia, and why simply identifying things that are going wrong isn't enough to change them. She talks to us about Elon Musk's Department of Government Efficiency, and why a major jolt may be necessary to get better results. Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots See omnystudio.com/listener for privacy information.

48 min
2 DAYS AGO

Evolving Money: A Faster, Cheaper Way to Pay (Sponsored Content)

In the 1950s, a businessman, looking for a new way to settle his lunch tab, sparked a payments revolution and paved the way for today’s cashless economy. Now, the growing use of stablecoins like USDC is leading businesses and consumers to an era of digital payments that’s even faster and cheaper than a credit card. This episode is sponsored by Coinbase. See omnystudio.com/listener for privacy information.

17 min
5 DAYS AGO

Lots More on the Global Selloff in Government Bonds

One of the biggest stories in markets right now is the huge selloff in government bonds. And we're not just talking about the US here. The UK is seeing multi-year highs in long-end yields. So is Japan. And of course, the US 10-year Treasury is close to its highest level in a year, despite the recent rate cuts from the Federal Reserve. So what's going on? Is it just about inflation and growth expectations or is there more to it? On this episode, we speak to Jay Barry, head of global rates strategy at JPMorgan Securities, who breaks it all down and gives us his estimate of where fair value now stands.Read More: Fed’s Barkin Says Term Premium Moving Long Rates, Not Inflation Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots See omnystudio.com/listener for privacy information.

22 min
6 DAYS AGO

This Is How Electricity Rates Are Actually Set

Utilities in the US have a couple big jobs to do. On the one hand, they need to deliver affordable and reliable power to their customers. On the other hand, they also need to maintain and upgrade huge amounts of fixed infrastructure. Balancing those two jobs is getting more complicated thanks to America's aging electricity grid and the shift towards renewables. So how are big utilities squaring those two objectives? How do they decide how much money they need to fund new capital investment? How do they decide which customer pays what rate? And what role do regulators play in all these discussions? In this episode of the podcast, we speak with Lon Huber, senior vice president of pricing and customer solutions at Duke Energy, one of the largest utilities in the US. We talk about why the ramp-up in renewable energy hasn't led to lower electricity prices for everyone, why fuel is ultimately the most marginal cost of electricity generation, and how utilities are handling booming demand from data centers. Read More:AI Needs So Much Power, It's Making Yours WorseUK Set to Spend £1.8 Billion as Wind Power Overwhelms Grid Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots See omnystudio.com/listener for privacy information.

44 min
6 JAN

What It Felt Like When Everyone Was Hopeful, Happy, and Rich

If you look at various surveys, Americans feel grim about the state of the economy. But even outside of the economy itself, you see negative readings for faith in various American institutions. Pessimism seems to be in right now, at least on a societal level. But it wasn't always this way. In the 1990s, we were between the Cold War and the War on Terror. The stock market boomed through much of the decade. Optimism was in. So what was that like, and then how did it come to an abrupt end in the early years of the new millennium? On this episode, we speak to Colette Shade, author of the new book Y2K: How the 2000s Became Everything, about this time period in America, what stood out, and what is relevant today.Related reading: Author of 'Dow 36,000' Book on Lessons Learned Since the 1999 Prediction Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots See omnystudio.com/listener for privacy information.

44 min
3 JAN

This Is How China Builds So Much Nuclear Power

In the US right now, there is a lot of talk about a so-called "nuclear revival." But it remains to be seen whether we'll see a meaningful uptick in actual power generation, from either new reactors, or old reactors getting a restart. Meanwhile, in China, nuclear construction is full steam ahead. In the last decade, China has built 37 nuclear reactors, and several more are coming down the pipe. So what does it take to build nuclear at scale? On this episode, we speak to David Fishman, a China-based energy analyst at The Lantau Group. He walks us through all the elements of the country's nuclear success, from financing to manufacturing to its domestic power markets. We also discuss what, if any, lessons could be applied elsewhere. Previously: What’s Next for Uranium After the Big Price SurgeOnly Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots See omnystudio.com/listener for privacy information.

47 min

See All (909)

Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices.

0.0 (0)

INVESTING
Bloomberg Radio host Barry Ritholtz has in-depth discussions with the people and ideas that shape markets, investing and business.

3.0 (3)

INVESTING
Elon Musk’s sprawling business empire has granted the billionaire a degree of power and global influence that transcends the industries he’s reshaped. He is the leader of no fewer than six hugely influential companies, spanning electric vehicles to wartime communications, and their innovations could shape the fates of nations. Musk is polarizing, confounding and inescapable. And he is the biggest business story of our time. Each week, listen in as host David Papadopoulos convenes a panel of Bloomberg Businessweek journalists who are tracking Musk’s companies and the surprising ways they intersect. They break down the business mogul's latest moves and analyze what they could mean for us all.

0.0 (0)

BUSINESS
The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment. Listen to Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern for the top interviews from Bloomberg Surveillance Television. And join Tom Keene and Paul Sweeney for the best conversations from Bloomberg Surveillance Radio. Watch Surveillance TV LIVE each mornings: http://bit.ly/3P7nstQ. Watch Surveillance Radio LIVE weekday mornings: http://bit.ly/3vTiACF.

0.0 (0)

BUSINESS NEWS
Bloomberg Daybreak delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 2,700 journalists and analysts in 120 countries.

0.0 (0)

BUSINESS NEWS
Foundering is an award-winning, serialized podcast from the journalists at Bloomberg Technology. Each season, Foundering brings you inside a different high-stakes drama from the technology industry, where its companies are wielding unprecedented capital and power.

5.0 (1)

TECH NEWS

View Subscription FAQs

4.5

out of 5

2 Ratings

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

Channel

Bloomberg
Creator

Bloomberg
Years Active

2015 - 2025
Episodes

909
Rating

Clean
Copyright

2025 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.