Merryn Talks Money

The former Chancellor of the Exchequer explains that the Tory prime minister has been “liberated” to tackle the UK’s tax burden. But will he in the next budget? Kwarteng joins this week's episode to talk taxes, the "mini-budget" and what he thinks the Tory party should do before the next election.  See omnystudio.com/listener for privacy information.

Making parallels between the Spanish flu pandemic and Covid-19, the Wall Street veteran says a growth boom could be coming. He also discusses what he considers the arbitrary nature of central banks’ 2% inflation target, and why he sees Bitcoin as digital gold.  See omnystudio.com/listener for privacy information.

Just like gold, Bitcoin is `only worth what people will pay for it,’ says Oaktree Capital Management co-founder Howard Marks. He discusses crypto, explains why he believes the investment environment has undergone a “sea change,” and that we won’t be returning to the world of 0% interest rates in the foreseeable future. So instead of Bitcoin or gold, investors should be in a high-yield bond fund. F...

As you await this week's Merryn Talks Money conversation with OakTree's Howard Mark , check out another podcast from our team here at Bloomberg: Daybreak Europe Edition. Every episode delivers the day's top stories, with context, in just 15 minutes. Available every morning by 7am GMT in your feed.   Subscribe On Apple Subscribe On Spotify Subscribe On Youtube  Subscribe On Podcast Addict  Subscrib...

All too many commentators on the UK economy are “default decliners,” according to Simon French, chief economist and head of research at UK investment bank Panmure Gordon: there’s nothing they can’t put a lousy spin on. French and Janus Henderson portfolio manager Laura Foll join this week’s Merryn Talks Money  to share their UK economic outlook for 2024. The data on the British economy isn’t looki...

Saxo Bank has published the latest in its annual series of “outrageous predictions,” and among the bigger calls is that American capitalism is ending. As US debt spirals ever upwards, the federal government will have to make government bonds tax-free, according to Chief Investment Officer Steen Jakobsen, who joins this week’s Merryn Talks Money to discuss the list. “The hand of government is just...

Professor and filmmaker Peter Byck says lessons from ancient bison herds can make cattle farming less of a climate disaster and more profitable. Merryn speaks to him about his latest 4-part documentary series "Roots So Deep (you can see the devil down there)" and the future of farming.  See omnystudio.com/listener for privacy information.

As the US and China vie for supremacy, Pippa Malmgren, economist, author and former adviser to US President George W. Bush, says the threat of conflict is growing. But there may be a silver lining. See omnystudio.com/listener for privacy information.

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.        on Apple: trib.al/Mx9TCh1      on Spotify: trib.al/T4BG8s4      Anywhere: trib.al/O4EX6BA See omnystudio.com/listener for privacy information.

Senior Reporter John Stepek joins Merryn to discuss her conversation with Kokou Agbo-Bloua, the Societe Generale global head of economics, cross-asset and quant research. See omnystudio.com/listener for privacy information.

Recessions aren’t like they used to be, says Kokou Agbo-Bloua, The Societe Generale global head of economics, cross-asset and quant research contends fixed rate-debt and hefty cash piles have help companies develop short-term immunity to rising interest rates. So has the “kinetic velocity” of the vast fiscal stimulus of the last few years, he says.  Agbo-Bloua argues on this week’s Merryn Talks Mo...

Merryn and senior reporter John Stepek discuss the conversation with financial historian Edward Chancellor.  See omnystudio.com/listener for privacy information.

Financial historian Edward Chancellor tells Merryn how low rates resulted in capital being misallocated, and why that’s bad news for any soft landings. Plus, John Stepek tells investors how to get exposure to cheap UK equities.  See omnystudio.com/listener for privacy information.

Merryn and senior reporter John Stepek discuss the conversation with Argonaut’s Barry Norris.  Links of research/stories referenced in the show and aftershow:  https://www.argonautcapital.co.uk/stockumentaries/2023/10/26/britains-a-goner-with-the-wind/ https://www.these-islands.co.uk/publications/i390/an_inconvenient_fact.aspx https://www.gov.uk/government/news/boost-for-offshore-wind-as-governmen...

Argonaut’s Barry Norris, whose fund has been making money by shorting renewable energy firms, joins Merryn Talks Money to explain. Links of research/stories referenced in the show and aftershow:  https://www.argonautcapital.co.uk/stockumentaries/2023/10/26/britains-a-goner-with-the-wind/ https://www.these-islands.co.uk/publications/i390/an_inconvenient_fact.aspx https://www.gov.uk/government/news/...

Merryn Somerset Webb and senior reporter John Stepek reflect on Asante’s assessment of the current EM landscape, debate his argument for choosing India over China as a place to invest and how he chooses what companies to put his money behind.  See omnystudio.com/listener for privacy information.

Emerging markets have had a bad stretch, but fund manager Jonathan Asante explains how picky investors can make them work. After taking a break from the industry in 2019, Asante is getting back in with the launch of the Chikara Global Emerging Markets Opportunities Fund. Plus, John Stepek joins to talk about the leasehold reform mentioned in this week's King's Speech.  See omnystudio.com/listener...

At Bloomberg, we’re always talking about the biggest business stories, and no one is bigger than Elon Musk. In this new chat weekly show, host David Papadopoulos and a panel of guests including Businessweek’s Max Chafkin, Tesla reporter Dana Hull, Big Tech editor Sarah Frier, and more, will break down the most important stories on Musk and his empire. Listen wherever you get your podcasts.   See o...

Cathie Wood says she would unambiguously bet on Bitcoin — rather than gold or cash — to safeguard against the possibility of deflation in the coming decade. The head of ARK Investment Management  joins this week’s  Merryn Talks Money podcast and reiterates her view that she expects an era of falling prices, backed by new technologies including artificial intelligence, electric vehicles, robotics,...

Despite a rough few years for her Innovation exchange-traded fund, Ark Investment Management founder Cathie Wood still sees a bright future. She joins this week to talk about her outlook, Tesla, the merits of Bitcoin and more.  Plus, John Stepek joins to discuss the Bank of England's decision to keep rates unchanged.  See omnystudio.com/listener for privacy information.

In the UK, there are 70% fewer listed companies today than in 1996. Around the world, equity markets are getting progressively smaller as the number of publicly traded companies dwindles. So where have all the companies gone? In this week’s episode of  Merryn Talks Money , Schroders’s Duncan Lamont and Douglas Abbott join host Merryn Somerset Webb to try and answer that question. See omnystudio.co...

Why have equity markets around the world, and in the UK in particular, been shrinking? According to Duncan Lamont and Douglas Abbott of Schroders, the answer is simple: a robust private equity industry means more companies are going private. The two men joined Merryn Somerset Webb this week on the podcast  Merryn Talks Money to discuss this state of affairs, both globally and in Britain where the...

The way the British government funds itself is complicated—ridden with fiscal drag and stealth levies. Everyone seems to hate the system for something, and there’s arguably a dire need for reform. That’s the case that was made by Institute for Fiscal Studies Director Paul Johnson during an episode of  Merryn Talks Money this week. But what kind of changes are we talking about, and will they work?...

Institute for Fiscal Studies Director Paul Johnson joins this week’s episode of  Merryn Talks Money to explain how the seemingly impossible can be achieved. See omnystudio.com/listener for privacy information.

In a new series, Merryn Somerset Webb and John Stepek are examining housing markets across the globe to see how they’re holding up, and if there are any lessons we can read across to the UK. On this episode, they take a look at Germany with Bloomberg editor Benedikt Kammel and TV correspondent Oliver Crook, both in Berlin, and talk about the profitable world of subletting, the consequences of rent...