Trumponomics

What does the business of flashy superyachts for the megarich have to do with the health of the U.S. economy? A lot, it turns out. They’re often seen as a barometer of consumer spending, and as the holiday shopping season gets in full swing, all eyes are on American wallets. On this week’s episode of “Stephanomics,” Bloomberg reporter Michael Sasso visits a big boat show in Florida only to discove...

This week’s episode of Stephanomics comes to you from Beijing, where Bloomberg hosted the second annual New Economy Forum , bringing together global leaders to discuss how to solve the world’s biggest challenges.  Stephanie Flanders first interviews Nicholas Stern, one of the world’s foremost experts on climate change and economics—a combined subject that’s gained increasing urgency for policymake...

Beneath the tariffs, counter-tariffs and on-again off-again negotiations between the U.S. and China over trade policy, a deeper confrontation is brewing—one with potentially bigger consequences. In a punitive, short-term move, the U.S. is preventing Chinese companies from using some American technologies. But longer-term, the tactic may trigger a “Silicon Curtain” behind which China develops homeg...

The 2020 U.S. presidential election may be a year away but one policy idea is already stirring fierce debate: a big-time tax on the richest Americans. Katia Dmitrieva reports on why Bernie Sanders and Elizabeth Warren want to implement a wealth tax, and how it might work. Many economists have also been warming to the idea of taxing wealth. But you can't help noticing that most of the European coun...

Economies represent the ultimate sum of millions of people and businesses making millions of decisions. And if enough of those businesses are frozen on how to respond to the U.S.-China trade war -- like the owner of a Los Angeles cosmetics company featured in this week's episode -- then the U.S. economy will be in trouble. Sarah McGregor, editor of Bloomberg's real-economy team, reports on how the...

What is the future for international institutions like the International Monetary Fund - and what, if anything, can it do to help Argentina? These are just some of the topics in a special episode from the annual meetings of the Fund and World Bank in Washington. Stephanie speaks about the future of the world on an all-star panel with former India central bank chief Raghuram Rajan and ex-Bundesbank...

Bloomberg's Travel Genius podcast is back! After clocking another hundred-thousand miles in the sky, hosts Nikki Ekstein and Mark Ellwood have a whole new series of flight hacking, restaurant sleuthing, and hotel booking tips to inspire your own getaways—along with a who's who roster of itinerant pros ready to spill their own travel secrets. From a special episode on Disney to a master class on pa...

The macroeconomic kind of economist tends to get the most attention - talking about growth, inflation and whether interest rates should go up or down. But it’s the micro economists working away quietly on smaller parts of the economy who have typically done most to change the world. This week Stephanie Flanders talks to one of them - Harvard University’s Michael Kremer about winning the 2019 Nobel...

Growth has been slowing around the developed world — not just in recent months but for decades. One potential reason is that women are having fewer babies. On this week's Stephanomics, reporter Jeannette Neumann visits a region in Spain with the lowest fertility rate in Europe to find out why this is happening and what it means for the global economy. Host Stephanie Flanders also talks with Darrel...

Stephanie Flanders returns with a new season of Stephanomics, bringing on-the-ground insights from Bloomberg's reporters and economists into the forces driving the global economy. On this week's episode, senior trade reporter Shawn Donnan heads to the front lines of the US-China trade war in Wisconsin, and Stephanie talks through its global impact with Penny Goldberg, chief economist at the World...

Stephanie Flanders, head of Bloomberg Economics, returns to bring you another season of on-the-ground insight into the forces driving global growth and jobs today. From the cosmetics maker in California grappling with Donald Trump's tariff war, to the coffee vendor in Argentina burdened by the nation's never-ending crises, Bloomberg's 130-plus economic reporters and economists around the world hea...

On this new season of Prognosis, we look at the spread of infections that are resistant to antimicrobial medicines. You're probably more likely to have heard of these as superbugs. Their rise has been described as a silent tsunami of catastrophic proportions. We travel to countries on the frontline of the crisis, and explore how hospitals and doctors around the world are fighting back. Prognosis’...

Under pressure from President Donald Trump, Mexico is cracking down on migrants coming from its own southern neighbor, Guatemala. But the hit to the local economy could have unanticipated consequences for the U.S. Bloomberg's Eric Martin reports from the border, while Stephanie takes stock of these and other challenges for international economic cooperation at a conference in Bretton Woods, New Ha...

The yellow-vest protests that shook France last year may be over, but the forces of political and economic anger continue to ripple around the world. Stephanie visits the City of Lights to speak with two key figures about how the country is faring and how major nations' finance chiefs are tackling these issues -- as well as Facebook's proposed digital currency, Libra -- at this week's Group of Sev...

Donald Trump’s trade policies have created winners and losers around the world. Among the big losers so far, count Spanish olive farmers. Their exports to the U.S. were hit with a huge tariff last year. U.S. officials claimed they had been undercutting California olive growers by selling Spanish olives on the cheap. Though barely a blip on the global trade war, it has been very bad news for the ol...

This week we bring you a special conversation between host Stephanie Flanders and Financial Times columnist Martin Wolf. They try to make sense of the rise in populism in recent years, what it means for the global economy, and whether it spells the end of liberal democracy. The event was recorded in London on July 1. See omnystudio.com/listener for privacy information.

This week we focus on the two giants of the global economy: China and India. At first glance, China seems to be shrugging off the effects of U.S. tariffs, but Bloomberg economists looked closer and found that Chinese exports to the US in 1,000s of product categories had been hit hard and this trade had not also been replaced by U.S. production or exports from other countries. Host Stephanie Flande...

European Central Bank President Mario Draghi earned the ire of Donald Trump this week with his farewell speech at a major annual conference. Editor Paul Gordon was there at the prestigious gathering in Sintra, Portugal, and breaks down Draghi's comments with host Stephanie Flanders.    Then hear a special recording of Stephanie's engaging live panel discussion this week in London with two of the c...

Workers around the globe are in for a shock in coming decades as automation transforms the workplace and maybe destroys their jobs. But for Nobel-winning economist Christopher Pissarides, it's not all dismal. Host Stephanie Flanders has an extended talk with the London School of Economics professor about the upsides of automation and how Europe may actually be well-positioned to survive this trans...

If you live in the U.K., your workweek could soon be a day shorter if the political winds tilt more heavily toward the left. Jess Shankleman reports on how the proposal is gaining momentum and how it might affect Britain, then Bloomberg Opinion columnist Noah Smith joins host Stephanie Flanders for a deeper look at the economic questions raised by the four-day week. See omnystudio.com/listener for...

On this week's episode, former Obama administration official Wendy Cutler draws on her deep experience as a trade negotiator to offer her views on the tariff standoff between the U.S. and China. Guest host Tom Orlik, Bloomberg's chief economist, also gets an inside look at the talks from reporter Jenny Leonard in Washington. Meanwhile, reporter Ivan Levingston sheds light on how Israel is desperat...

“What Goes Up” is a new show from Bloomberg that tracks the main themes influencing global markets. Hosts Sarah Ponczek and Mike Regan speak with guests about the wildest movements in markets and what they mean for your investments. The show is out now, and can be found on Apple Podcasts or wherever you listen. See omnystudio.com/listener for privacy information.

Marty Markowitz had his share of problems. His parents had recently died. He had troubles at work. A failing relationship. He needed someone to help him through this rough patch in his life. So he decided to get some professional help from a psychiatrist. What he did not count on, was what happened in his life over the next twenty-nine years. This is a story about power, control, and turning to th...

The longest economic expansion in the developed world may not be much longer for this world -- and that fear helped drive the shock election result in Australia last week. In the country where GDP has been growing for an amazing almost 28 years, Bloomberg's Chris Bourke explores how the cratering real estate market is threatening the first recession since Vanilla Ice topped the music charts.    Ho...

Germany's engineering prowess has driven the nation's economic success for decades. Now that model is being questioned thanks to rising protectionism, slowing global growth, new technologies and Germany's own underinvestment in its infrastructure. Bloomberg's Catherine Bosley has a report from the factory floor, then host Stephanie Flanders talks with columnist Ferdinando Giugliano about what's ai...