<description>&lt;p&gt;Yields on UK gilts are skyrocketing. But the UK is not the only country facing rising borrowing costs. Today on the show, Katie Martin and Rob Armstrong talk to new Unhedged contributor and former Bank of England employee Daire MacFadden about the new landscape of borrowing. Also, they go short the Lime e-bike IPO and long macarons.&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;For a free 30-day trial to the Unhedged newsletter go to: &lt;a href="https://www.ft.com/unhedgedoffer" rel="noopener noreferrer" target="_blank"&gt;https://www.ft.com/unhedgedoffer&lt;/a&gt;.&lt;/p&gt;&lt;br&gt;&lt;p&gt;You can email Robert Armstrong and Katie Martin at &lt;a href="mailto:unhedged@ft.com" rel="noopener noreferrer" target="_blank"&gt;unhedged@ft.com&lt;/a&gt;.&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/64bc0215-5eb5-4ff0-b328-c68879be7f6b" rel="noopener noreferrer" target="_blank"&gt;&lt;strong&gt;Read a transcript of this episode on FT.com&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt;&lt;hr&gt;&lt;p style='color:grey; font-size:0.75em;'&gt; Hosted on Acast. See &lt;a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'&gt;acast.com/privacy&lt;/a&gt; for more information.&lt;/p&gt;</description>

Why yields are going up around the world

Yields on UK gilts are skyrocketing. But the UK is not the only country facing rising borrowing costs. Today on the show, Katie Martin and Rob Armstrong talk to new Unhedged contributor and former Bank of England employee Daire MacFadden about the new landscape of borrowing. Also, they go short the Lime e-bike IPO and long macarons.&nbsp; For a free 30-day trial to the Unhedged newsletter go to: <a href="https://www.ft.com/unhedgedoffer" rel="noopener noreferrer" target="_blank">https://www.ft.com/unhedgedoffer</a>. You can email Robert Armstrong and Katie Martin at <a href="mailto:unhedged@ft.com" rel="noopener noreferrer" target="_blank">unhedged@ft.com</a>. <a href="https://www.ft.com/content/64bc0215-5eb5-4ff0-b328-c68879be7f6b" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a><hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

What’s bothering bonds?

<description>&lt;p&gt;GameStop, the video game retailer and iconic meme stock, has announced an attempt to take over the much larger eBay. Today on the show, Rob Armstrong and John Foley talk about how a smaller company can take over a larger company and whether it’s even a good idea. Also, they discuss the rise of Cerebras, the chip maker challenging Nvidia, and go short Hyrox and long continuing inflation.&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;For a free 30-day trial to the Unhedged newsletter go to: &lt;a href="https://www.ft.com/unhedgedoffer" rel="noopener noreferrer" target="_blank"&gt;https://www.ft.com/unhedgedoffer&lt;/a&gt;.&lt;/p&gt;&lt;br&gt;&lt;p&gt;You can email Robert Armstrong and Katie Martin at &lt;a href="mailto:unhedged@ft.com" rel="noopener noreferrer" target="_blank"&gt;unhedged@ft.com&lt;/a&gt;.&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/a77305ce-6132-48e4-bf96-ee7936f03dd4?" rel="noopener noreferrer" target="_blank"&gt;&lt;strong&gt;Read a transcript of this episode on FT.com&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt;&lt;hr&gt;&lt;p style='color:grey; font-size:0.75em;'&gt; Hosted on Acast. See &lt;a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'&gt;acast.com/privacy&lt;/a&gt; for more information.&lt;/p&gt;</description>

What happens when a small company tries to buy a big company

GameStop, the video game retailer and iconic meme stock, has announced an attempt to take over the much larger eBay. Today on the show, Rob Armstrong and John Foley talk about how a smaller company can take over a larger company and whether it’s even a good idea. Also, they discuss the rise of Cerebras, the chip maker challenging Nvidia, and go short Hyrox and long continuing inflation.&nbsp; For a free 30-day trial to the Unhedged newsletter go to: <a href="https://www.ft.com/unhedgedoffer" rel="noopener noreferrer" target="_blank">https://www.ft.com/unhedgedoffer</a>. You can email Robert Armstrong and Katie Martin at <a href="mailto:unhedged@ft.com" rel="noopener noreferrer" target="_blank">unhedged@ft.com</a>. <a href="https://www.ft.com/content/a77305ce-6132-48e4-bf96-ee7936f03dd4?" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a><hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

Can GameStop buy eBay?

<description>&lt;p&gt;US companies are crushing it this year and it’s not just Big Tech. More than 80 per cent of the S&amp;amp;P 500 companies that have reported first-quarter earnings have beaten expectations. Katie Martin and Rob Armstrong discuss the buoyant earnings and how the Middle East conflict could weigh things down. Also, they go short open bars and long muntjacs in the UK.&lt;/p&gt;&lt;br&gt;&lt;p&gt;For a free 30-day trial to the Unhedged newsletter go to: &lt;a href="https://www.ft.com/unhedgedoffer" rel="noopener noreferrer" target="_blank"&gt;https://www.ft.com/unhedgedoffer&lt;/a&gt;.&lt;/p&gt;&lt;br&gt;&lt;p&gt;You can email Robert Armstrong and Katie Martin at &lt;a href="mailto:unhedged@ft.com" rel="noopener noreferrer" target="_blank"&gt;unhedged@ft.com&lt;/a&gt;.&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/00056af0-9290-4c01-b398-a75e821f04a0" rel="noopener noreferrer" target="_blank"&gt;&lt;strong&gt;Read a transcript of this episode on FT.com&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt;&lt;hr&gt;&lt;p style='color:grey; font-size:0.75em;'&gt; Hosted on Acast. See &lt;a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'&gt;acast.com/privacy&lt;/a&gt; for more information.&lt;/p&gt;</description>

The rebound is real. Will it last?

US companies are crushing it this year and it’s not just Big Tech. More than 80 per cent of the S&amp;P 500 companies that have reported first-quarter earnings have beaten expectations. Katie Martin and Rob Armstrong discuss the buoyant earnings and how the Middle East conflict could weigh things down. Also, they go short open bars and long muntjacs in the UK. For a free 30-day trial to the Unhedged newsletter go to: <a href="https://www.ft.com/unhedgedoffer" rel="noopener noreferrer" target="_blank">https://www.ft.com/unhedgedoffer</a>. You can email Robert Armstrong and Katie Martin at <a href="mailto:unhedged@ft.com" rel="noopener noreferrer" target="_blank">unhedged@ft.com</a>. <a href="https://www.ft.com/content/00056af0-9290-4c01-b398-a75e821f04a0" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a><hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

The Buy America trade

<description>&lt;p&gt;Transformative technologies create speculative frenzies. Robin Wigglesworth, host of the new FT podcast &lt;em&gt;The Story of Money&lt;/em&gt;, joins Katie Martin and Rob Armstrong to talk about what financial history can teach us about today’s AI-driven stock market. Also, we go short GameStop’s attempt to acquire eBay, and long tiny ice cream treats.&lt;/p&gt;&lt;br&gt;&lt;p&gt;Subscribe to&lt;em&gt; The Story of Money&lt;/em&gt; wherever you get your podcasts, and on the show's dedicated YouTube channel &lt;a href="https://www.youtube.com/@FTTheStoryOfMoney" rel="noopener noreferrer" target="_blank"&gt;here&lt;/a&gt;. Learn more at &lt;a href="http://ft.com/tsom" rel="noopener noreferrer" target="_blank"&gt;ft.com/tsom&lt;/a&gt;.&amp;nbsp;&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;For a free 30-day trial to the Unhedged newsletter go to: &lt;a href="https://www.ft.com/unhedgedoffer" rel="noopener noreferrer" target="_blank"&gt;https://www.ft.com/unhedgedoffer&lt;/a&gt;.&lt;/p&gt;&lt;br&gt;&lt;p&gt;You can email Robert Armstrong and Katie Martin at &lt;a href="mailto:unhedged@ft.com" rel="noopener noreferrer" target="_blank"&gt;unhedged@ft.com&lt;/a&gt;.&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/298e5e10-64bc-40f6-8fea-ec5db9002c1e?" rel="noopener noreferrer" target="_blank"&gt;&lt;strong&gt;Read a transcript of this episode on FT.com&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt;&lt;hr&gt;&lt;p style='color:grey; font-size:0.75em;'&gt; Hosted on Acast. See &lt;a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'&gt;acast.com/privacy&lt;/a&gt; for more information.&lt;/p&gt;</description>

To understand what’s going on in the sector, look at 19th-century railroads

Transformative technologies create speculative frenzies. Robin Wigglesworth, host of the new FT podcast The Story of Money, joins Katie Martin and Rob Armstrong to talk about what financial history can teach us about today’s AI-driven stock market. Also, we go short GameStop’s attempt to acquire eBay, and long tiny ice cream treats. Subscribe to The Story of Money wherever you get your podcasts, and on the show's dedicated YouTube channel <a href="https://www.youtube.com/@FTTheStoryOfMoney" rel="noopener noreferrer" target="_blank">here</a>. Learn more at <a href="http://ft.com/tsom" rel="noopener noreferrer" target="_blank">ft.com/tsom</a>.&nbsp;&nbsp; For a free 30-day trial to the Unhedged newsletter go to: <a href="https://www.ft.com/unhedgedoffer" rel="noopener noreferrer" target="_blank">https://www.ft.com/unhedgedoffer</a>. You can email Robert Armstrong and Katie Martin at <a href="mailto:unhedged@ft.com" rel="noopener noreferrer" target="_blank">unhedged@ft.com</a>. <a href="https://www.ft.com/content/298e5e10-64bc-40f6-8fea-ec5db9002c1e?" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a><hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

Are AI stocks the new railroad bonds?

<description>&lt;p&gt;The economist John Kenneth Galbraith once quipped that “there can be few fields of human endeavour in which history counts for so little as in the world of finance.” This show sets out to prove the opposite. Each week, FT columnist Gillian Tett and FT Alphaville editor Robin Wigglesworth dig into the ideas, personalities and institutions that have shaped global finance.&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;From unregulated banking in 19th-century frontier America to institutionalised debt jubilees in ancient Mesopotamia, and from the birth of credit derivatives to the great market meltdowns of the past, Robin and Gillian uncover the story of money because time and again, the same manias and mistakes resurface. Tune in and you might just understand where the next financial opportunities and disasters could be hiding.&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;Subscribe to The Story of Money wherever you get your podcasts and watch the show on &lt;a href="https://www.youtube.com/@ftthestoryofmoney" rel="noopener noreferrer" target="_blank"&gt;YouTube&lt;/a&gt;.&amp;nbsp;&lt;/p&gt;&lt;p&gt;Learn more about the show at &lt;a href="http://ft.com/tsom" rel="noopener noreferrer" target="_blank"&gt;ft.com/tsom&lt;/a&gt; and find out more about Gillian Tett &lt;a href="https://www.ft.com/gillian-tett" rel="noopener noreferrer" target="_blank"&gt;here&lt;/a&gt; and Robin Wigglesworth &lt;a href="https://www.ft.com/robin-wigglesworth" rel="noopener noreferrer" target="_blank"&gt;here&lt;/a&gt;.&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;Follow FT Alphaville &lt;a href="https://www.ft.com/alphaville" rel="noopener noreferrer" target="_blank"&gt;here&lt;/a&gt;.&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;Hosts: Gillian Tett and Robin Wigglesworth&amp;nbsp;&lt;/p&gt;&lt;p&gt;Producer: Lulu Smyth&amp;nbsp;&lt;/p&gt;&lt;p&gt;Senior Producer: Michela Tindera&amp;nbsp;&lt;/p&gt;&lt;p&gt;Executive Producers: Flo Phillips and Manuela Saragosa&amp;nbsp;&lt;/p&gt;&lt;p&gt;Original music and sound engineering: Breen Turner&amp;nbsp;&lt;/p&gt;&lt;p&gt;Podcast Development: Laura Clarke&amp;nbsp;&lt;/p&gt;&lt;p&gt;Global Head of Audio: Cheryl Brumley&lt;/p&gt;&lt;hr&gt;&lt;p style='color:grey; font-size:0.75em;'&gt; Hosted on Acast. See &lt;a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'&gt;acast.com/privacy&lt;/a&gt; for more information.&lt;/p&gt;</description>

A new video podcast from the FT

The economist John Kenneth Galbraith once quipped that “there can be few fields of human endeavour in which history counts for so little as in the world of finance.” This show sets out to prove the opposite. Each week, FT columnist Gillian Tett and FT Alphaville editor Robin Wigglesworth dig into the ideas, personalities and institutions that have shaped global finance.&nbsp; From unregulated banking in 19th-century frontier America to institutionalised debt jubilees in ancient Mesopotamia, and from the birth of credit derivatives to the great market meltdowns of the past, Robin and Gillian uncover the story of money because time and again, the same manias and mistakes resurface. Tune in and you might just understand where the next financial opportunities and disasters could be hiding.&nbsp; Subscribe to The Story of Money wherever you get your podcasts and watch the show on <a href="https://www.youtube.com/@ftthestoryofmoney" rel="noopener noreferrer" target="_blank">YouTube</a>.&nbsp;Learn more about the show at <a href="http://ft.com/tsom" rel="noopener noreferrer" target="_blank">ft.com/tsom</a> and find out more about Gillian Tett <a href="https://www.ft.com/gillian-tett" rel="noopener noreferrer" target="_blank">here</a> and Robin Wigglesworth <a href="https://www.ft.com/robin-wigglesworth" rel="noopener noreferrer" target="_blank">here</a>.&nbsp; Follow FT Alphaville <a href="https://www.ft.com/alphaville" rel="noopener noreferrer" target="_blank">here</a>.&nbsp; Hosts: Gillian Tett and Robin Wigglesworth&nbsp;Producer: Lulu Smyth&nbsp;Senior Producer: Michela Tindera&nbsp;Executive Producers: Flo Phillips and Manuela Saragosa&nbsp;Original music and sound engineering: Breen Turner&nbsp;Podcast Development: Laura Clarke&nbsp;Global Head of Audio: Cheryl Brumley<hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

Introducing: The Story of Money

Katie Martin, Robert Armstrong and other markets nerds at the Financial Times explain the big ideas behind what’s happening in finance right now. Every Tuesday and Thursday.<hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

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