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 Maj 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 Maj 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 Maj 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 Maj 50min
Is Inflation About to Get Much Worse?
U.S. consumer sentiment has fallen to a 74-year low. Brent crude is above $125 a barrel. And several highly credible economists had been warning that inflation was coming back — long before the first ...
3 Maj 32min
Energy Markets are on the Verge of a Disaster
The stock market just hit a record high. Meanwhile, captains in the Persian Gulf are turning off their transponders and sneaking through the Strait of Hormuz in the dead of night. Only five ships made...
26 Apr 28min
The Bizarre World of Prediction Markets
Prediction markets like Kalshi and Polymarket have been described as "truth machines" that produce more accurate forecasts than traditional polling. In this video we look at how they actually work, wh...
19 Apr 29min
How Did the Metaverse Fail So Badly?
In October 2021, Mark Zuckerberg stood in front of the world and announced that the future of human interaction would be something called the metaverse. He was so confident about this that he renamed ...
12 Apr 30min
