Latest Interviews
Showing 1–15 of 247 transcripts.
Clear all filters- The Economist8 min
Why knowing the future doesn't always help predict markets | The Economist
Elm Wealth's study compared the performance of laypeople, artificial intelligence models, and professional macro traders by simulating 15 days of trading with perfect future news on historical market data. While professionals doubled their starting capital by dynamically adjusting leverage based on confidence, average human and AI participants barely broke even or lost their entire stake due to poor bet sizing. The findings highlight that successful investing relies more on capital allocation and risk management than on superior directional prediction accuracy.
- The Economist8 min
Has the AI boom entered a manic new phase? | The Economist
Henry Curr, Mike Bird, Josh Roberts
US equity markets have reached near-record capitalization levels driven primarily by massive AI-focused "giga IPOs" like SpaceX and anticipated offerings from Anthropic and OpenAI. This concentration, now comprising nearly 40% of the S&P 500, coincides with unusual retail participation and inverted options pricing that signal a shift toward speculative mania. Simultaneously, major technology firms have redirected capital expenditure toward infrastructure, causing a collapse in free cash flow and transforming the sector into a dominant force in global corporate debt markets.
- The Economist9 min
Peptides are not a miracle drug | The Economist
Natasha Loder, Tim Cross, Jason Palmer
Driven by high-profile endorsements and internet culture, the unregulated global market for peptides bypasses clinical trials to offer performance-enhancing substances riddled with purity risks and unknown long-term health effects. Regulatory bodies in the United States and United Kingdom are attempting to address this crisis through compounding pharmacy oversight and vendor crackdowns, yet enforcement struggles against the speed of online sales and social media promotion. Experts warn that without rigorous scientific validation, the current environment prioritizes profit and self-experimentation over the biological safety required to distinguish beneficial compounds from dangerous contaminants.
- The Economist9 min
Why Israel is closely watching the Iran protests
Anshel Pfeffer, Jason Palmer, Eva
Following a twelve-day war in June, intensified protests and economic instability in Iran threaten to shatter the regime's hold on power while prompting leadership concerns over potential external retaliation to divert attention. In response, Israeli Prime Minister Benjamin Netanyahu is maintaining a low-profile strategy of strategic patience, allowing internal Iranian dynamics to unfold rather than launching immediate military strikes. This approach aims to facilitate long-term geopolitical shifts, including the eventual erosion of Iran's proxy network and the potential for a future strategic alliance that could end decades of hostility.
- The Economist23 min
Fed man walking? Trump v Powell
Trump, Powell, Jason Palmer, Simon Rabinovich, Archie Hall, Emily Steinmark
President Trump's threats to dismiss Federal Reserve Chair Jerome Powell triggered a market crisis and highlighted legal hurdles protecting the central bank's autonomy, though analysts warn that undermining the Fed could force higher rates and deepen economic stagnation. Simultaneously, global remote work trends are solidifying a five-year post-pandemic equilibrium in English-speaking nations, driving suburban housing prices up while introducing social challenges like increased isolation. Concurrent environmental assessments reveal that despite eliminating tailpipe emissions, electric vehicles generate significant non-exhaust particulate matter due to heavy battery packs, prompting calls for lighter designs and stricter regulatory oversight.
- The Economist24 min
Gene genies: CRISPR’s critical moment
Jason Palmer, Rosie Bloor, Emily Steinmark, Leo Marani, Eleanor Whitehead
The 2020 Nobel Prize in Chemistry recognized Emmanuelle Charpentier and Jennifer Doudna for CRISPR, a precision gene-editing tool now enabling curative treatments like Kisjevi for sickle cell disease while facing regulatory hurdles distinct from traditional genetic modification. Simultaneously, Asian markets drove nearly two-thirds of global gold demand to hedge against currency instability and capital controls, with India and China leading consumption despite the trade deficits this high import volume creates. In New Zealand, an accelerated net brain drain of nearly 129,000 emigrants was fueled by economic recession and housing costs, as professionals migrated to Australia seeking higher wages under the Trans-Tasman Agreement.
- The Economist22 min
Cash and checks: Argentina’s next IMF loan
Rosie Bloor, Jason Palmer, Charlie Salmon, Aaron Braun, Stanley Pignol
The IMF approved a $20 billion loan package for Argentina to implement flexible exchange rates and lift capital controls, a move President Javier Milei claims strengthens foundations while risking renewed inflation and political instability ahead of midterms. Concurrently, Texas has seen a sevenfold increase in high-speed police chases under Operation Lone Star, resulting in over 100 deaths despite reduced illegal border crossings and prompting local calls for safer pursuit guidelines. Across Europe, governments like Sweden's are mandating civil preparedness kits and considering mandatory training to counter evolving security threats from Russia and natural disasters.
- The Economist21 min
Doomed traders: Trump’s tariff fallout
Trump, Rosie Bloor, Rachna Shambhog, Tom Sass, Emily Steinmark
Following the US announcement of global tariffs on April 2, major economies including China and Canada implemented retaliatory measures that triggered a $12 trillion drop in global market value and elevated recession probabilities to 60%. Despite diplomatic outreach from approximately 50 nations, the US administration maintains its stance, with officials describing the policy as a permanent restructuring of trade that has forced corporations to delay capital investments. Analysts warn that these developments will likely result in two decades of protectionism and reduced global economic integration.
- The Economist20 min
Right down: Le Pen barred
Le Pen, Rosie Bloor, Sophie Pedder, Callum Williams, Anne Rowe
A Paris criminal court banned Marine Le Pen from future elections for five years due to embezzlement, effectively removing her from the 2027 presidential race and plunging the National Rally into strategic uncertainty. Concurrently, a separate report highlights sustained rental inflation across wealthy nations driven by migration and supply shortages, while acknowledging that these costs have likely peaked despite remaining high. Finally, the obituary section honors Oleg Gordievsky, the high-ranking KGB officer who successfully defected to MI6 in 1985 after covertly gathering intelligence for decades.
- The Economist26 min
Whack of all trades: America’s economy
Jason Palmer, Simon Rabinovich, Sarah Larniuk, Oleg Tsenkoltadze, Lyudmila Mironenko, Kate Mikluka, Andrew Miller
Amidst record economic uncertainty driven by President Trump's imminent tariff announcements, small businesses face paralysis while the auto industry risks severe disruption from new protectionist measures. In parallel, Japan continues its extensive non-military support for Ukraine through reconstruction grants, workforce retraining, and cultural preservation initiatives that have helped sustain 4% economic growth despite the war. Meanwhile, the viral success of the Netflix series "Adolescence" has intensified global debates on the impact of toxic online cultures and generational disconnects in addressing male violence against women.
- The Economist19 min
Canuck of the draw: Canada’s election campaigns
Rosie Bloor, Jason Palmer, Rob Russo, Aaron Connelly, Alexandra Sewich-Bass
Following Justin Trudeau's resignation, Mark Carney led the Liberal Party to victory in the April 28th snap election by pivoting to economic pragmatism while leveraging a two-horse race against Pierre Poilievre's Conservatives that focused on managing the geopolitical threat of Donald Trump. Simultaneously, China maintained a hardline diplomatic stance in the South China Sea, utilizing strategic pressure on regional partners like India and Australia while avoiding conciliatory negotiations due to President Xi Jinping's centralized control over foreign policy. These political shifts occurred alongside a surge in dystopian fiction sales and cultural analysis, as works like Leila Lalami's *The Dream Hotel* reflected society's increasing acceptance of mass surveillance and risk-based governance in response to domestic instability.
- The Economist22 min
Cold call: Putin thwarts Trump
Putin, Trump, Rosie Bloor, Chris Lockwood, Simon Wright, Katherine Nixie
President Trump and Vladimir Putin failed to secure a comprehensive ceasefire during a two-hour call, with Putin rejecting blanket terms in favor of a limited energy infrastructure halt that Russia violated hours later. This diplomatic setback, compounded by unaddressed US demands regarding Ukrainian recruitment and military aid, has alarmed European leaders who are responding by suspending debt brakes and withdrawing from landmine treaties. Meanwhile, the broader geopolitical outlook suggests a potential US pivot toward Russia in the Middle East that risks sidelining Ukraine, leaving Europe to accelerate its own defense preparations amid fears of diminished American reliability.
- The Economist24 min
Peace broken: war returns to Gaza
Rosie Bloor, Jason Palmer, Angel Pfeffer, Oliver Morton, Sarah Wu
Israel initiated extensive airstrikes in Gaza following the collapse of a fragile ceasefire, a move confirmed by the United States and coordinated with simultaneous operations against Houthis to pressure Iran. This military escalation, justified by Israeli Prime Minister Benjamin Netanyahu as a response to rejected negotiation offers, also serves domestic political aims to stabilize his coalition ahead of a critical budget vote. Concurrently, Israel is preparing a larger ground offensive intended to fully dismantle Hamas's military capabilities, while international mediators explore potential pathways for a new interim agreement.
- The Economist25 min
Wheels of justice: the ICC gets Duterte at last
Duterte, Jason Palmer, Aaron Connolly, John Joe Devlin, Cassio de Gea, Tobias Adielson, Charmec Elmi, Anne Rowe
The International Criminal Court successfully transferred former Philippine President Rodrigo Duterte to The Hague for trial on crimes against humanity related to his "war on drugs," a move enabled by a political rift between his family and President Ferdinand Marcos Jr. Concurrently, Sweden confronts an unprecedented surge in gang violence involving coordinated bombings and the recruitment of vulnerable minors, prompting legislative changes regarding wiretapping and intensified debate over immigration policies. In a separate development, celebrated apartheid-era playwright Athol Fugard passed away at age 92, leaving a literary legacy that chronicled the moral complexities of South African oppression and the enduring resilience of its people.
- The Economist24 min
No question, Mark: Canada’s new PM
Mark Carney, Donald Trump, Rose Girone, Rosie Bloor, Jason Palmer, Rob Russo, Sarah Wu, Anne Rowe
Mark Carney has won the Liberal Party leadership to succeed Justin Trudeau, leveraging his technocratic background and a nationalist backlash against US tariff threats to close the polling gap with the Conservatives ahead of a potential April or May election. Concurrently, China is driving a $205 billion winter sports strategy to revitalize its Northeast Rust Belt, with Harbin serving as the global hub for this sector expansion designed to reach 300 million participants by 2030. In a tribute to historical resilience, Rose Gerone, the last known Holocaust survivor in New York, passed away at 113 after surviving Kristallnacht and sustaining her family through a knitting business in Shanghai and the Adirondacks.