How to Lose a Global AI Monopoly in One Afternoon
Last week, shortly after Anthropic launched its most powerful AI models, the U.S. government imposed export controls restricting foreign nationals from accessing them - and rather than try to verify t...
21 Jun 28min
What SpaceX, Anthropic and OpenAI’s IPOs mean for investors
Yesterday SpaceX became the largest company ever to go public, in an IPO that values Elon Musk's rocket-and-AI conglomerate at $1.78 trillion. But SpaceX is just the first. Anthropic and OpenAI have b...
14 Jun 39min
When a Housing Boom Turns to Bust
A three-bedroom "dunger" in New Zealand with peeling paint and boarded-up windows sold for 1.81 million dollars at the peak of the boom. A few years later, prices had fallen by as much as a third in r...
7 Jun 27min
This Is Probably Fine!
US 30-year Treasury yields just hit 5.2% — the highest level since July 2007. UK gilt yields are at levels not seen since 1998. Japanese bond yields are at record highs. Something is happening in glob...
30 Mai 30min
The Most Unprofitable IPO in Wall Street History
This week, SpaceX filed the prospectus for what is expected to be the largest IPO in history. The document is extraordinary — part financial disclosure, part science fiction, and part governance struc...
23 Mai 30min
What Trump's China Visit Actually Achieved.
As Donald Trump and Xi Jinping wrap up their summit in Beijing with little more to show for it than a few awkward handshakes, the media is left wondering where the big breakthrough went. But as we exp...
17 Mai 26min
The Dumbest Takeover Bid
GameStop — the meme stock famous for selling physical video game discs to people who no longer buy physical video game discs — has made an unsolicited 56 billion dollar offer to acquire eBay. GameStop...
10 Mai 30min
The Unanchored Central Banker: Manoj Pradhan on Inflation, Demographics, and Why AI Won't Save Us
Today, Manoj Pradhan of Talking Heads macro and Fundamenta capital returns to the show to discuss his new book, co-authored with Charles Goodhart, which serves as a highly anticipated sequel to their ...
6 Mai 50min
