Capital Ideas podcast

Media analyst Brad Barrett has made a career of following both entertainment's traditional players (Disney, Fox, Time Warner) and its digital newcomers (Facebook, Google, Netflix). So, whether the topic is cable/satellite vs. online distribution, linear vs. streaming service or cord cutting vs. keeping cable, Barrett holds the remote. Your host Matt Miller is the policy and communications advisor...

Currency movements had a big impact on investment returns in 2017, especially as the U.S. dollar weakened throughout the year. Will that powerful trend continue? In this podcast, Capital Group currency analyst Jens Søndergaard offers his view on where the dollar may be headed in 2018, relative to the euro, the yen and other major currencies, as well as the key investment implications. Your host Ma...

Capital Group senior counsel Jason Bortz has a lot of experience analyzing the U.S. tax code in his 20-plus years practicing law. In this podcast, Bortz digs into the specifics of 2018 tax reform and discusses what changes for investors, and what stays the same. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former  Washington Post  columnist, Matt...

Capital Group portfolio manager Steve Watson, a long-time investor in Chinese equities, shares his views on U.S.-China trade relations just as tensions appear to be boiling over. Will aggressive talk about import tariffs become a reality? And, if so, what are the investment implications? Steve sheds light on these pressing issues as the U.S. seeks to forge a new relationship with one of its bigges...

The U.S.'s recent surge in domestic oil and gas supply has profound implications for the longstanding geopolitical power structure. In her new book, Windfall: How the New Energy Abundance Upends Global Politics and Strengthens America's Power , Harvard International Affairs professor Meghan O'Sullivan details the ripple effect already at play across the globe, proving just how intertwined energy m...

In this conversation, Capital Group's head of fixed income, Mike Gitlin, addresses the recent market volatility and its root causes. He also reveals what key roles fixed income should play in an investor's portfolio and what it means to upgrade a portfolio's bond funds to "true core." This conversation was recorded February 8, 2018. Mike has 24 years of investment industry experience and joined Ca...

Capital Group chairman and chief executive officer Tim Armour discusses the sudden return of volatility to the markets and provides helpful context for advisors and investors. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former  Washington Post  columnist, Matt was co-host of the public radio program  Left, Right & Center . This content is publish...

As an advisor and industry trendspotter, Michael Kitces and his Nerd's Eye View blog are required reading for many financial advisors. In turn, Kitces devotes much of his time generating free content for the blog, which has become central to his strategy and to his other advisor-related businesses. In this podcast, Kitces discusses how content can pull in new business for advisors. He also gives p...

Capital Group portfolio manager Carl Kawaja has spent three decades traveling the world to uncover compelling investment opportunities. In this podcast, Carl shares his optimistic outlook for non-U.S. equities and explains the key drivers to a sustained rally. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former  Washington Post  columnist, Matt wa...

Today's internet sector has many investors nervous, with the recent meteoric success of the FANG stocks (Facebook, Apple, Netflix, Google/Alphabet) combined with high valuations and a prolonged bull market. Is this a replay of the 2000 "dot-bomb," or do these stocks have room to run? Investment analyst Will Craig acknowledges the prevailing tech industry angst but offers a long-term view of the in...

Capital Group's annual Outlook is a widely anticipated watch/listen/read within the investment community. Listen to this 2018 podcast rendition and learn whether global equities are still attractive during this protracted bull market, how fixed income assets might react to rising interest rates and how the economic outlook is shaping up for developed and emerging markets. Want continuing education...

Capital Group portfolio manager Shaw Wagener has witnessed the remarkable evolution of emerging markets investing over a career spanning 30-plus years. In this podcast, Shaw discusses the unique challenges of investing in developing markets, the current drivers of EM returns and his thoughts on a bright future for the dynamic and rewarding asset class. Your host Matt Miller is the policy and commu...

Given the explosive popularity of Amazon, some traditional retailers have resorted to introducing in-store "experiences" to lure shoppers through their doors. Others, meanwhile, rely on key competitive advantages to insulate themselves from retail's biggest disruptor. And what does all this change mean for the great American shopping mall? Here to make sense of the shifting landscape is investment...

Women in the U.S. control more than $11 trillion of investable assets. That's no small constituency for financial advisers and asset managers. In today's podcast, we'll hear from Heather Lord, Capital Group's head of strategy and innovation, about the growing clout of women investors, based on the findings from our "Wisdom of Experience" investor surveys. And we'll try to dispel a few myths along...

How financial markets work has long been the subject of debate between two academic camps: the efficient markets theorists and the behavioral economists. Into the breach stepped finance professor and author Andrew Lo, who joins Matt to discuss his efforts to bridge this ideological divide. Instead of viewing financial markets as "a physical system like a mechanical clock," says Lo, "we really need...

With the Federal Reserve raising interest rates, Capital Group portfolio manager John Queen discusses his outlook for the U.S. bond market, short- and long-term interest rates, and the important role that bond funds can play in a diversified investment portfolio. Listen and learn: Why U.S. interest rates are likely to stay "lower for longer" despite Fed tightening How a lack of inflation is compli...

The U.S. may have led the global economic expansion to date, but other major markets provide fertile ground for today's investor as well. Portfolio manager Gerald Du Manoir, a 27-year investment industry veteran who specializes in international portfolios for Capital Group, discusses where he's finding opportunities outside the U.S. during this lengthy, if tepid, global recovery. Listen and learn:...

As the September 24 German elections approach, former U.S. Ambassador to Germany John Emerson discusses his outlook for the political contest, the future of Europe in the age of populism, and his new role helping Capital Group expand its investment offerings around the world. Emerson, now Vice Chairman of Capital Group International, served as the ambassador to Germany during a particularly moment...

If you have a credit card, a car loan or any number of other financial products, Wall Street has an impact on your life. In this podcast, author and former investment banker William D. Cohan explains "Why Wall Street Matters" to just about everyone. That's also the title of his new book, which provides a counterargument to the widespread vilification of Wall Street in the national media and on Cap...

Today's pharmaceutical industry is teetering between an innovation renaissance and an affordability crisis. Investment analyst Craig Gordon, a former practicing physician, takes us inside the complex world of pharma and biotech, where the interests of doctors, patients, insurers and policymakers can often be at odds. Listen and learn: What made 2016 an off year for pharma investors What leading-ed...

This special episode features conversations with two authors from the world of big ideas: TV executive David Goldhill and law professor Tim Wu. A family tragedy propelled Goldhill into an exhaustive analysis — and eventual indictment — of America's health care system. Listen and learn why the system of incentives in U.S. health care needs a new prescription, and what commonly held myths could be a...

You wouldn't want your dog behaving like a cat, so why invest in a bond fund that behaves like a stock fund? In this podcast, Mike Gitlin — Capital Group's head of fixed income — explains why this concept is so important for investors seeking a well diversified portfolio. Listen and learn: Why bond investors may want to avoid excessive credit risk How "bond math" can protect you from rising intere...

At the midyear point, answers to some of 2017's burning questions about the global economic recovery and financial markets are coming into focus. Capital Group portfolio managers Jody Jonsson and David Hoag and economist Darrell Spence join host Matt Miller for a lively exchange of ideas with profound implications for investors. Want continuing education credit? U.S. financial professionals can ta...

Municipal bonds provide financing for hospitals, roads, schools and many other public projects we all know and utilize, yet many investors are unfamiliar with the inner workings of this nearly $4 trillion market. In this podcast, Capital Group portfolio managers Karl Zeile and Chad Rach explain how the U.S. tax-exempt municipal market works and offer their view on how it might be affected by gover...

Do U.S. Equities Have Room to Run? Eight years into its current expansion, the U.S. economy has given investors cause for concern. How much longer can it grow? Portfolio manager Mike Kerr acknowledges the elephant in the room but continues to find conditions favorable for U.S. equities in a number of key industries. Listen and learn: Which three industries are poised to lead U.S. growth in the dec...