Unhedged

As interest rates rise, funding for a lot of marginally profitable companies is drying up. These corporate “zombies” are wandering the markets, looking for the cheap credit they used to feast on. Toda...

21 Nov 202315min

It’s earning season, and the first big news might be from Walmart, whose stock dropped 7 per cent after it reported concerns about the health of the consumer. This is a counter narrative to the strong...

16 Nov 202316min

Four months ago, the FT’s Rob Armstrong and Elaine Moore placed their bets on two portfolios of three stocks each picked from the “Magnificent Seven” tech stocks that have been dominating markets this...

14 Nov 202319min

How many bears does it take to change a lightbulb? None, it will never happen. Join us today as we debrief reporter Jenn Hughes, recently back from a conference hosted by the biggest bear of them all,...

9 Nov 202314min

Today on the show, host Katie Martin pits two teams against one another in a historic finance trivia showdown, complete with trash talk, ridiculously hard questions, and strongly-worded protests. In o...

7 Nov 202326min

Reporter Joshua Oliver joins us just hours after the closing arguments of the fraud trial of Sam Bankman-Fried, founder of the FTX crypto exchange. We talk about why it’s hard to find a smoking gun in...

2 Nov 202319min

GDP numbers are strong. Wages are strong. Household debt is relatively low. So why is the stock market so blue? Since July 31, it is down 10 percent – formally a “correction” – and that includes the s...

31 Okt 202319min

In the third quarter, the US economy, as measured by annualised GDP, grew 4.9%. In an environment of skyrocketing interest rates, that is an extraordinary number. And it’s being powered by an extraord...

26 Okt 202313min