33 min listen
How short-termism is misunderstood, millennials won't leave home and a battle of two Wall St bankers
FromFT Alphachat
How short-termism is misunderstood, millennials won't leave home and a battle of two Wall St bankers
FromFT Alphachat
ratings:
Length:
61 minutes
Released:
Jan 29, 2016
Format:
Podcast episode
Description
Corporate short-termism, or a company's tendency to reduce internal investment and focus on share price and dividend payments, is widely criticised by economists and politicians for its effect on the stock market. Michael Mauboussin, head of global financial strategies at Credit Suisse, explains his skepticism about this consensus. Then, a recent Goldman Sachs report suggests more millennials lived in their parents' homes in 2015 than the year before, despite a strengthening jobs market. The FT's Anna Nicolaou joins Cardiff and Shannon to discuss what's holding millennials back despite the fact that they are not unemployed. Finally, Lex writer Sujeet Indap shares a tale of two Wall St bankers. Music by Podington Bear and Broke For Free.
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Released:
Jan 29, 2016
Format:
Podcast episode
Titles in the series (100)
Michael Pettis on the Chinese economy: In this edition, Cardiff Garcia talks with Peking University finance professor Michael Pettis about the limits of China's economic model, why we shouldn't trust the country's growth numbers, and the state of its banking system. Pettis al... by FT Alphachat