Unhedged

Can 2026 match 2025?

What went right in 2025? What could go wrong in 2026? Recorded last week for the FT’s digital conference The Global Boardroom, Katie Martin and Rob Armstrong talk with Ian Smith, the FT’s senior markets correspondent, about the incredible resilience of the US stock market, and the challenges ahead. Also, they go long boring companies and short KPop Demon Hunters.  For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer [https://www.ft.com/unhedgedoffer]. You can email Robert Armstrong and Katie Martin at unhedged@ft.com [unhedged@ft.com]. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Who gets to buy Warner Bros Discovery?

Netflix and Paramount are in a bidding war to take over Warner Bros Discovery and its historic collections of movies and television series. Today on the show, Rob Armstrong talks to US deals correspondent Oliver Barnes and US finance editor James Fontanella-Khan about a battle that will have a lasting impact on entertainment and the news. Also they go long indie cinema and short Christmas.  For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer [https://www.ft.com/unhedgedoffer]. You can email Robert Armstrong and Katie Martin at unhedged@ft.com [unhedged@ft.com]. Read a transcript of this episode on FT.com [https://www.ft.com/content/7894265d-dae0-4e96-8884-50b0ca42a8d7] ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

A satanic list of inflationary factors

Today on the show, Katie Martin and Rob Armstrong talk with special guest Adam Posen about the prospects for inflation and even a financial crisis. Posen has worked for both the Federal Reserve Bank of New York and the Bank of England, and is the current president of the non-profit Peterson Institute for International Economics. They talk about the options facing the next Fed chair, the conditions for serious inflation, and AI’s role in our economic future. Also they go short crypto and long the New England Patriots.  For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer [https://www.ft.com/unhedgedoffer]. You can email Robert Armstrong and Katie Martin at unhedged@ft.com [unhedged@ft.com]. Read a transcript of this episode on FT.com [https://www.ft.com/content/c5040528-c2bc-467b-ad3c-d02d77b4cf48] ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Bonds vs budgets

Mature economies such as France, the UK and the US are spending more than they take in. They make up the rest in borrowing. But how long can that last? Today on the show, Katie Martin speaks with Ian Smith, the FT’s senior markets correspondent, about the UK’s latest Budget and bond sales, and what it means for governments around the globe. Also they go long chocolate and short cats.  For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer [https://www.ft.com/unhedgedoffer]. You can email Robert Armstrong and Katie Martin at unhedged@ft.com [unhedged@ft.com]. Read a transcript of this episode on FT.com [https://www.ft.com/content/8d7dcd7c-bdb2-4755-8f93-17db32895661] ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

What are the hedge funds shorting?

Short interest in the market is rising. But what are the big players betting against? And what can investors learn from it? Today on the show, Katie Martin joins the editor of the FT’s Alphaville newsletter Robin Wigglesworth to discuss high finance’s low expectations. Also they go short Bloom Energy and short the crypto bros.  To sign up for free to the new FT Alphaville newsletter on substack, go to ftav.substack.com [http://ftav.substack.com/]. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer [https://www.ft.com/unhedgedoffer]. You can email Robert Armstrong and Katie Martin at unhedged@ft.com [unhedged@ft.com]. Read a transcript of this episode on FT.com [https://www.ft.com/content/c01d23b4-39b9-48e2-81fe-020432a24437] ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.