Global Carry Trade Chaos
The Yen is disrupting global trade, Trump makes his Fed chair nomination, and CEOs are speaking up for the first time in a while.
Slate Money · Slate Podcasts
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Show Notes
This week: Volatility in the Japanese bond market is threatening the global trade house of cards. Felix Salmon, Elizabeth Spiers, and Emily Peck, unpack the changes in Japan’s economy and why they have such a big worldwide impact. Then, they discuss the weakening US dollar and what Trump's fed chair nominee says about his administration. And finally, corporate messaging around social issues has all but gone away, but the recent horrors in Minnesota have somewhat turned that tide. The hosts get into what factors pushed CEOs to speak out against actions of ICE, if somewhat mildly, and what it might mean in terms of Big Tech’s support of Trump.
In the Slate Plus episode: Can we defend…Elon Musk?
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Podcast production by Jessamine Molli and Cheyna Roth.
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