What'd You Miss This Week

This week, Emily Weis, emerging market strategist at State Street, went through the implications of Brazilian President Bolsonaro firing the CEO of the state-run oil company Petrobras and the outlook for emerging markets. Scott Irwin, the Laurence J. Norton Chair of Agricultural Marketing at the University of Illinois, who is an expert in futures and commodity markets, discussed the surge in commodity prices and whether a new supercycle has arrived. KR Sridhar, the founder and CEO of Bloom Energy, spoke about how their technology like hydrogen fuel cells could make a power grid more robust and prevent disasters like the mass blackouts in Texas. Then Rod Alzmann, co-proprietor of GMEDD.com and a long-time Gamestop bull, returned to talk about the resurgence of the meme trade and what changes have happened at Gamestop since its initial surge.See omnystudio.com/listener for privacy information.

This week, Josiah Neeley, the Texas director and resident senior fellow for energy at the R Street institute, spoke about some reforms that could prevent the energy crisis in Texas from happening again. Jason Bordoff, a Columbia Unversity professor and the founding director of the Center on Global Energy Policy, talked about whether the blackouts will impact President Biden's green energy plan. Brett Winton, the director of research at ARK Invest, joined to discuss how the failure of Texas's electrical grid will push people to look more at batteries for storing renewable energy. Then Noah Davis, a post-War and contemporary art specialist at Christie's, outlined the auction house's decision to start accepting cryptocurrencies as payment.See omnystudio.com/listener for privacy information.

This week, Michael Saylor, the MicroStrategy CEO-turned-king of bitcoin treasuries, called upon fellow business executives to avoid the path of financial “serfdom” and outlined a strategy for corporate bitcoin adoption. Nic Carter, the founding partner at Castle Island Ventures, joined to discuss what get people get wrong about bitcoin's climate footprint. Matt Bruenig, founder of the People's Policy Project, came on to talk about Senator Mitt Romney's plan to fight child poverty and the problems he sees with using tax credits to alleviate poverty. Then Claudia Sahm, a former Federal Reserve economist and Bloomberg Opinion columnist, made the case for going as broad as possible with stimulus checks.See omnystudio.com/listener for privacy information.

This week, Ken Lewis, the CEO of ApMex, often called the Walmart of precious metals, came on to talk about the record demand he saw for silver as the hoard of Reddit-fueled retail traders discovered the commodity market and drove silver to its highest price in nearly eight years. Adrian Ash, the director of research at BullionVault, a physical gold and silver market for private investors online, also discussed how unprecedented silver's run this week was. Jill Carlson, the co-founder of the Open Money Initiative and principal at the VC firm Slow Ventures, came back on to talk about the future of fintech amid the retail frenzy and the industry's adoption of crypto. Then Samuel Hammond, the director of poverty and welfare policy at the Niskanen Center joined to make the case for Sen. Mitt Romeny's ambitious plan to tackle child poverty by giving direct payments to families and how government checks can be conservative policy.See omnystudio.com/listener for privacy information.

This week was one like no other with GameStop taking over the markets, internet and zeitgeist and What'd You Miss covered the story from all sides. Benn Eifert, principal and chief investment officer at QVR Advisors, explained the gamma squeeze phenomenon at play. Gabriel Grego, managing partner at Quintessential Capital Management, made the case for short-selling and discussed whether advertising a short position is now a career risk. Howard Lindzon, the co-founder of StockTwits, went thought the online nature of this Reddit-fueled retail frenzy. One of the original GameStop bulls Rod Alzmann, the proprietor of GMEDD.com, made the bullish case for the company and talked about how his theory took off.See omnystudio.com/listener for privacy information.

Liz Pancotti, a senior advisor at Employ America, joined to discuss President Biden's stimulus plan and the economic challenges ahead for the new administration. Nobel Prize-winning economist and Columbia professor Joe Stiglitz explained why he thinks the White House stimulus package is sufficient enough to ensure that we get back to pre-pandemic levels of output. Conference Board chief economist Dana Peterson went through the biggest issues weighing on the minds of CEOs for the year ahead. Then Corey Hoffstein, the Co-founder and CIO of Newfound Research, joined on the changing market dynamic for quants amid the influx of retail investors.See omnystudio.com/listener for privacy information.

This week, Jill Carlson, Slow Venture principal and Open Money Initiative co-founder, joined to discuss bitcoin's record start to the year and the influx of institutional money into the space. Julia Coronado, Macropolicy Perspectives president and founder, came on to talk about why some Fed officials fanned talk of tapering bond buying and investor flashbacks to the 2013 taper tantrum. Willy Shih, professor of management practice at Harvard Business School, joined to go through the global chip stock rally triggered by Taiwan Semi's $28 billion spending blitz and the executive shakeup at Intel. Sharyn O'Halloran, Columbia professor of political economy and international and public affairs, joined to talk about whether the Trump administration has created a lasting new normal for the U.S.-China relationship.See omnystudio.com/listener for privacy information.

This week, Caroline puts the CEO Spotlight on Chevron chairman and chief executive Mike Wirth, who has been with the company since 1982 and at its helm since the beginning of 2018. Wirth discusses his outlook for energy demand and oil prices in the year ahead amid the ongoing pandemic, climate change, balancing their responsibilities to shareholders and the environment, and what the incoming Biden administration means for Chevron.See omnystudio.com/listener for privacy information.

This week, Exante Data founder and CEO, Jens Nordvig, joined to discuss what he calls "the big myth about money and inflation." Jon Turek, author of Cheap Convexity, offered his maco outlook for markets amid the simultaneous risk-on rally in stocks and breakevens. Zach Maril, the founder of the Knuckleheads Club, who has spent years researching Google's search engine, explained why Google's webcrawler is a natural monopoly and should be regulated as one. Then Seth Ginns, managing partner and head of liquid investments at Coinfund, discussed the increasing institutional interest in bitcoin as the cryptocurrency continues to surge.See omnystudio.com/listener for privacy information.

This week, Catherine Mealor, an analyst at KBW, came on to talk about what KBW's restoration index says about the road to economic recovery and how dependent it is on further fiscal stimulus. Mark Palmer, a fintech analyst at BTIG, joined to discuss how fintech companies like the Cash App are trying to ride the cryptocurrency wave. Win Thin, the global head of currency strategy at Brown Brothers Harriman, offered his outlook for global FX as emerging markets near record highs. Then Leigh Drogen, the founder and CEO of Estimize, goes through the week of eye-watering IPOs with DoorDash and Airbnb and the impact of such high retail interest in the IPOs.See omnystudio.com/listener for privacy information.

This week, Claudia Sahm, former economist at the Federal Reserve and a contributor to Bloomberg Opinion, joined to discuss President-Elect Biden's economic team. Opal Tometi, one of three co-founders of Black Lives Matter, discussed the direction of the incoming Biden administration. Paul Krugman, Nobel Laureate economist, New York Times columnist and distinguished economics professor in the PhD program at the City University of New York, came on to talk about his outlook for the economic recovery. Then Jed Kolko, the chief economist at Indeed, offered a preview of Friday's jobs report and discussed the tension between headline and core unemployment.See omnystudio.com/listener for privacy information.

This week, Alan Blinder, former vice chairman of the Federal Reserve, member of President Clinton's original Council of Economic Advisers, and Princeton professor, joined to talk about the road ahead for the economic recovery, the new slate of policymakers who will be at the helm of it and whether the Trump administration is trying to make their eventual job more difficult. Columbia Law School professor Kathryn Judge discussed what a Janet Yellen Treasury means for financial regulation. Skanda Amarnath, director of research and analysis at Employ America, took us through the tensions playing out between Treasury Secretary Steven Mnuchin and the Federal Reserve. Then David Wilcox, a former senior adviser to the last three Federal Reserve chairs and current senior fellow at the Peterson Institute for International Finance came on to discuss his new report about the role of generational wealth and economic mobility.See omnystudio.com/listener for privacy information.

Naufal Sanaullah, macro strategist at EIA Alpha Partners, joined to talk about his outlook for the market and the risks he sees ahead as long-term optimism about a covid-19 vaccine seems to be winning out over short-term fear of renewed lockdowns. Catherine Coley, the CEO of Binance U.S., and Nic Carter, the founding partner at Castle Island Ventures, came on to discuss what is driving the massive bitcoin rally that has pushed the cryptocurrency up to the $17,600 mark, a level reminiscent of the bitcoin craze days of December 2017. Then Employ America senior adviser Liz Pancotti joined to discuss her new report put out by the Century Foundation detailing the upcoming fiscal cliffs twelve million Americans will face this December when additional aid from the first stimulus package is cut off.See omnystudio.com/listener for privacy information.

This week, longtime emerging markets expert Paul McNamara, investment director at GAM, joined to talk about what was driving EM to its highest levels since 2018. Gigi Sohn, a distinguished fellow at the Georgetown Law Institute for Technology Law & Policy and former counselor for the Federal Communications Commission, came on to discuss why Silicon Valley is bracing for a different Joe Biden this time around in the White House. Jon Turek, the Author of Cheap Convexity blog, explained how investors should be positioning amid the resurgence in covid-19 cases. Then Robin Farley, a consumer cyclical analyst at UBS, joined to discuss the outlook for the cruise industry.See omnystudio.com/listener for privacy information.

This week, Morgan Harper, American Economic Liberties Project senior advisor, joined ahead of election day to talk about Proposition 22 in California and the implications for gig workers. Ursula Burns, the former CEO of Xerox and senior advisor at Teneo, came on to talk about the responsibilities of the private sector in the face of divided government. Guy Lebas, chief fixed income strategist at Janney Montgomery Scott, discussed the outlook for markets amid uncertainty over the election winner. Then Andy Blocker, head of U.S. government affairs at Invesco, joined to talk about what the election outcome means for the prospect of further stimulus.See omnystudio.com/listener for privacy information.

This week, former New York Federal Reserve president and Bloomberg Opinion columnist Bill Dudley joined to talk about why the Federal Reserve is running out of fire power to fight the economic downturn and why we should not rule out a double-dip recession. Vivien Azer, managing Director and senior Research analyst at Cowen, came on to talk about how this upcoming election is a pivotal moment in the push for legalizing cannabis as states look for innovative ways to make municipal ends meet. Then eBay president and CEO Jamie Iannone joined to react to the company's third quarter earnings and explain his plan to keep their stay-at-home-fueled momentum going and win over Gen Z.See omnystudio.com/listener for privacy information.

This week, Caroline puts the CEO Spotlight on Delta chief executive Ed Bastian and talks to him about leading an airline through the pandemic, his outlook for travel, what he would like to see from the government in terms of further stimulus and how Delta has reacted to the reckoning over racial injustice as Atlanta has found itself at the center of it.See omnystudio.com/listener for privacy information.

This week, Michael Render, better known as Killer Mike, the Grammy-winning rapper of the hip-hop duo Run the Jewels, joined to talk about the launch of his digital bank Greenwood. Karl Smith, co-founder of the blog Modeled Behavior, came on to talk about why he thinks Joe Biden is the one to break the impasse in stimulus talks. Former Federal Reserve economist Claudia Sahm explained why she thinks the last real chance for further fiscal relief has already been missed and why the Federal Reserve needs to figure out how to do more to help the economy without Congress. Then Martha Gimbel, senior manager of economic research at Schmidt Futures, joined to talk about the long-term structural changes to the labor market as more workers work from home. See omnystudio.com/listener for privacy information.

This week, Tyler Goodspeed, the acting chairman and Vice Chairman of the White House Council of Economic Advisers, joined ahead of jobs day to react to the new consumer data. Arpit Gupta, assistant professor of finance at the New York University Stern School of Business, came on to talk about his new data showing how the pandemic is exasperated existing economic inequality in New York City and making economic mobility even more difficult. Then a What'd You Miss debate tackling one of the biggest cliches of 2020: there is no connection between the stock market and the economy. Nathan Tankus, research director of the Modern Money Network and publisher of the newsletter "Notes on the Crises" joined to put the adage to the test and explain why he thinks there is less disconnect than people think. Then Bloomberg Opinion columnist Nir Kaissar came on to offer the other side of the debate and explain why the idea is a cliche for a good reason.See omnystudio.com/listener for privacy information.

This week, Michael Purves, the founder and CEO of Tallbacken Capital, joined to talk about how a Supreme Court fight became a market event. University of Oregon economics professor Tim Duy came on to discuss the economic collateral damage of no further fiscal stimulus. J.W. Mason, Roosevelt Institute fellow and City University of New York associate economics professor, joined to explain his new study about what we can learn from the economic mobilization during World War II and how it can be applied to both the ongoing climate emergency and the coronavirus crisis. Then Chris McGratty, the Head of U.S. Bank Research at KBW, came on to talk about what is dragging regional banks down.See omnystudio.com/listener for privacy information.