Every week, we feature the best and most interesting interviews from Bloomberg's daily market close show, "What'd You Miss" hosted by Joe Weisenthal, Caroline Hyde and Romaine Bostick. We want to take you beyond the headlines and bring you a unique perspective on the week's top stories, and those you may just have missed. It's the perfect way to kick off your weekend.
The Lumber Market is Full of Cowboys
This week, Jeff Korzenik, joined to talk about his new book "Untapped Talent: How Second Chance Hiring Works for Your Business and the Community" and why people with criminal backgrounds should not be employees of last resort. Binance.US CEO Catherine Coley came on to react to the Coinbase listing and discussed whether there was room for multiple winners in this space. Roshun Patel, vice president of institutional lending at Genesis, a digital currency prime brokerage, also discussed the Coinbase listing and crypto market structure. Then Deacon Lumber Company CEO Stinson Dean joined to talk about the frenzy in the lumber market and why prices are rising like he's never seen before.
What History Tells Us About the Difference Between Hyperinflation and Inflation
This week, Alon Levy, a fellow at NYU's Marron Institute, joined to discuss why the U.S. is not good at infrastructure and why public works projects carry a higher price tag in the U.S. as compared with other countries. Diogo Monica, the co-founder and president of Anchorage, a digital asset platform for institutions, came on to talk about Visa allowing transactions with UDS stablecoin. Boris Jordan, the executive chairman of Curaleaf, which just closed a deal to buy Emmac Life Sciences for $285 million giving the company entry into the European market, discussed the cannabis sector's growing momentum in both the U.S. and Europe. Then Zach Carter, the author of the best-selling book "The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes," joined to talk about what history tells us about the difference between hyperinflation and inflation.
It's Hard to be a Bear Right Now
Joshua Younger, head of U.S. interest rate derivatives strategy at J.P. Morgan, joined to talk about the worst quarter for Treasuries since 1980. Yesha Yadav, law professor at Vanderbilt Law School and former legal counsel for the World Bank, discussed the volatility in Treasuries and the impact of the lack of regulation in the space. Unison Advisors founder and Bloomberg Opinion columnist Nir Kaissar explained why it's hard to be bear right now. Then Priyanka Desai, a member of the NFT-focused DAO or decentralized autonomous organization Flamingo, came on to talk about the new NFT craze and how people can participate.
The I Word
This week, Jason Tuvey, Capital Economics senior emerging markets economist, joined to talk about the sharp selloff in Turkish assets after President Erdogan ousted the country's central bank governor and what comes next for the country's economy and financial markets. Bloomberg Opinion columnist Noah Smith explained why local price changes aren't inflation. Harvard Business School professor Willy Shih discussed Intel's ambitious bid to regain its manufacturing lead. Then Sridhar Ramaswamy, a former senior vice president at Google, who ran the company's ad business for fifteen years, reacted to the House tech hearing and discussed whether these companies' business models will ever be put under threat.
$1.9 Trillion in Stimulus is Coming. Will Inflation Follow?
This week, Ursual Burns, the former Xerox CEO and first black woman to lead a Fortune 500 company discussed the gap between companies' rhetoric and results on International Women's Day. Tim Duy, SGH Macro Advisors economist, University of Oregon professor, and Bloomberg Opinion Columnist, joined to talk about the inflation debate ahead of next week's Federal Reserve rate decision. Liz Pancotti, Employ America senior advisor, broke down the economic impact of President Biden's $1.9 trillion stimulus package. Then Declan Kelly, chairman, CEO and co-founder of the global consulting firm Teneo, joined to discuss corporate America's reaction to the passage of Biden's stimulus package.
Could a Commodity Supercycle Be Upon Us?
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.