Are Unfunded Pensions Secretly Driving Markets? (With Brian Reynolds and Tyler Neville)

Are Unfunded Pensions Secretly Driving Markets? (With Brian Reynolds and Tyler Neville)

Brian Reynolds, former chief market strategist at Rosenblatt Securities, tells why unfunded pension liabilities are the real engine for the U.S. credit boom, and how this financial engineering has produced one of the greatest bull markets ever. A legal mandate requires these funds to earn 7.5% returns, and when they fail to do so, taxpayers foot the bill. As a larger percentage of these pensions are moved onto corporate balance sheets, the tightrope these pension funds walk gets more and more precarious. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Episoder(1958)

The Knock-On Effect #25 - Urbanization, Obesity, and India’s Exports

The Knock-On Effect #25 - Urbanization, Obesity, and India’s Exports

Why does rapid population growth in urban centers mean we may see more exports from India? Alex and Justine discuss — also touching on the worldwide obesity epidemic, the state of the world in 1800, and the general decline of sexual activity. Learn more about your ad choices. Visit podcastchoices.com/adchoices

23 Nov 201834min

The Knock-On Effect #24 - Why Fruit Patents Matter

The Knock-On Effect #24 - Why Fruit Patents Matter

What does China’s shifting attitude toward intellectual property mean for the fruit industry? Justine and Alex discuss - also touching on the Bacardi family and the quest for the next celebrity apple. Learn more about your ad choices. Visit podcastchoices.com/adchoices

16 Nov 201834min

The Knock-On Effect #23 - Are Bear Markets Actually Good?

The Knock-On Effect #23 - Are Bear Markets Actually Good?

Real Vision’s Ash Bennington joins Alex to reflect on a trope frequently heard in the cryptocurrency world these days: “The best projects are built in bear markets.” Plus: The differences between crypto conferences and muni bond conferences, why Bitcoin Cash has become a punchline, and what Alex learned from an Aria bellhop. Learn more about your ad choices. Visit podcastchoices.com/adchoices

9 Nov 201832min

The Knock-On Effect #22 - Why the trucker shortage matters, part 2

The Knock-On Effect #22 - Why the trucker shortage matters, part 2

How does the recent mandate to electronically log trucker hours impact the labor force, Amazon and U.S. consumers? Justine and Alex speak with Will Pletcher, president of transportation company MCAH Ltd, about surging wages and costs in trucking. Will also sets the record straight on some common trucker stereotypes. Learn more about your ad choices. Visit podcastchoices.com/adchoices

2 Nov 201834min

The Knock-On Effect #21 - Why does the growth of China's billionaire class mean wine bottles will get a lot more complicated?

The Knock-On Effect #21 - Why does the growth of China's billionaire class mean wine bottles will get a lot more complicated?

If the trade war winds down, why might we see more security measures on wine bottles? Alex and Justine discuss, touching on nail-biting auctions, vineyard pests and new uses for the blockchain. Learn more about your ad choices. Visit podcastchoices.com/adchoices

26 Okt 201840min

The Knock-On Effect #20 - Why might our honey obsession lead to more mini-robotic drones?

The Knock-On Effect #20 - Why might our honey obsession lead to more mini-robotic drones?

How does the health food craze contribute to the production of drones? Justine and Alex discuss, touching on global smuggling rings, food fakery and sauerkraut flavored honey. Learn more about your ad choices. Visit podcastchoices.com/adchoices

19 Okt 201836min

The Knock-On Effect #19 - Elections, Payday Loans & Stolen Goods

The Knock-On Effect #19 - Elections, Payday Loans & Stolen Goods

If the Republicans maintain control of Congress, why might it become easier to buy stolen goods by accident? Alex and Justine discuss, also touching on wordy regulations, the emotional reaction to wealth disparities, and Justine's mixed driving record. Learn more about your ad choices. Visit podcastchoices.com/adchoices

12 Okt 201847min

The Knock-On Effect #18 - Why will trucking surveillance lead to problems for holiday shoppers?

The Knock-On Effect #18 - Why will trucking surveillance lead to problems for holiday shoppers?

Why does a recent mandate for increased workplace surveillance spell trouble for retailers? Justine and Alex discus — also touching on implanted microchips, byzantine trucking regulations, and Alex’s affinity for “the open road.” Learn more about your ad choices. Visit podcastchoices.com/adchoices

5 Okt 201845min

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