Offbeat Wall Street

Offbeat Wall Street

By Offbeat Wall StreetBusinessInvesting
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Offbeat Wall Street episodes

  • Ep. 41: Alien - Monsters Growing In The Economy? And Google's Not Generic!
    On Wall Street, no one can hear you scream...
    With Alien: Covenant out in theaters and Russia growing like a xenomorph in Donald Trump's chest, we're wondering what monsters might be gestating in the economy.
    The last GDP report showed anemic growth in the first quarter.  This week, we'll get an update on those statistics.  We detail how the numbers look and what to expect.
    We also preview some housing data due out this week and take a look at some upcoming earnings reports.
    And as always, we'll harvest some of Wall Street's more exotic organisms...
    We've got an NBA fan suing over what happened in the first Spurs/Warriors playoff game.  We've got InfoWars admitting to some fake news.  We've got Facebook facing exile from a country over a picture of a man in a crop-top.  We've got Google convincing a judge that it’s not generic.  And we've got the official end to an iconic media format.
    13 min
  • Ep. 40: Guardians Of The Economy - Fed, Jobs and the Avocado Market
    This week, with the release of "Guardians of the Galaxy," we're looking at those men and women who guard our financial galaxy.  That is, the good people at the Federal Reserve.  The Fed held interest rates steady at its last meeting, as expected.  But rates are looking to move up in the near future.  We'll preview what's in store for monetary policy over the next few months.
    We'll also reveal the latest jobs data and preview what's coming up on Wall Street, including inflation data and earnings from Disney.
    Meanwhile, we'll take our usual tour of some out of the way planets in the financial universe.  We've got a Google co-founder building a secret airship.  We've got a museum dedicated to some of the worst business decisions of all time.  We've got a legendary band suing the namesake of its most famous song.  And we've got a couple of markets that have gotten out of control lately.  Hint: Guacamole might start to get a lot more expensive.
    13 min
  • Ep. 39: Devil Wears Prada - Hard Work With The Jobs Data
    Last week, we had administrative professionals’ day.  This week, we'll get the latest employment data.  It's a good time to think about jobs.
    We'll take a look at the upcoming jobs report.  Last month was a real stinker - the worst showing in 10 months.  We'll detail the current labor situation headed into the new data.
    We'll also check in with the Federal Reserve and detail what to expect from the biggest upcoming earnings report, including results from Apple.
    And as always, we'll check in on some of Wall Street's weirder stories.  We've got a company looking to launch a flying car in the next 3 years.  We've got record support for legalizing pot.  We've got golf balls in hash browns and a liberal dream coming to Canada.
    14 min
  • Ep. 38: Death Proof - Auto Earnings Death Match And Econ Check In
    This week, we're looking at another batch of earnings reports.  A large number of companies are set to release their quarterly results.
    Among the highlights: two of the world's largest car companies.  Both Ford and General Motors are set to release their results.  We'll preview those reports and take a look at some of the other big names on the docket.
    We're also driving head-on into some high-profile economic data.
    We're going to get our first look at how the economy did in the first three months of the year.  This is the first GDP report of the Trump years.  We'll let you know what to look for from that.
    And as always, we'll spin out on some of Wall Street's back roads.
    We've got stories about Eli Manning's jerseys, Subway's Canadian chicken feud and Facebook's plan to let you hear with your skin.  We have a new poll that shows what people think about upper-income taxes.  And we've got a sign about what Steve Ballmer thinks about government spending.
    14 min
  • Ep. 37: Fast & Furious - Earnings Season Is Revving Up
    The Fate of the Furious is just out and on Wall Street, that's how the earnings reports are going to start coming: fast and furious.
    We'll look at some of the big reports due out.  This includes reports from Goldman Sachs, Bank of America and Netflix.
    There's also some economic data due out in the next few days.  We'll preview some key housing data that set to be released.  And we'll do our usual check-in on the Fed and see what the future holds for interest rates.
    And as always, we race around some of the more out-of-the-way neighborhoods on Wall Street...
    We've got Lyft getting its own nitrous boost - another $500 million capital injection.  We've got Adidas making shoes with 3-D printing.  We've got Google explaining how it doesn't underpay women employees.  And we've got a couple stories about robots, including Burger King trying to hijack your Google Home device.
    13 min
  • Ep. 37: Fast & Furious - Earnings Season Is Revving Up
    The Fate of the Furious is just out and on Wall Street, that's how the earnings reports are going to start coming: fast and furious.
    We'll look at some of the big reports due out.  This includes reports from Goldman Sachs, Bank of America and Netflix.
    There's also some economic data due out in the next few days.  We'll preview some key housing data that set to be released.  And we'll do our usual check-in on the Fed and see what the future holds for interest rates.
    And as always, we race around some of the more out-of-the-way neighborhoods on Wall Street...
    We've got Lyft getting its own nitrous boost - another $500 million capital injection.  We've got Adidas making shoes with 3-D printing.  We've got Google explaining how it doesn't underpay women employees.  And we've got a couple stories about robots, including Burger King trying to hijack your Google Home device.
    13 min
  • Ep. 36: Clueless - Like, Retail And The Fed, Or Whatever
    This week, we're talking retailers...
    Statistics on monthly retail sales are due out in a few days.  We'll preview the report and detail the troubles the retailing sector has seen lately.
    The number of bankruptcies in the industry continue to mount.   We'll put the recent problems in perspective and take a look at some of the new additions to the bankruptcy list.
    We'll also check in on the Fed.  First we'll examine what the Fed's minutes told us about the future of monetary policy.  Then, we'll dive into the latest jobs report and look at what that means for both the economy and for interest rates.
    And as always, we'll try on some of the funkier outfits hanging in Wall Street's closet...
    We've Uber using psychological tricks to get the most out of its drivers.  We've got the IRS turning to private debt collectors.  We've got real-life college scholarships for video games.  And we've got yet another business for Amazon: showing football games.
    16 min
  • Ep. 35: Bull Durham - Don't Mess With The Jobs Streak
    Baseball season is getting underway.  Which means it's a time of superstition.  It's time to get your garters on, breathe through your eyelids and let the mold grow on your shower shoes.  And baseball has a lesson for Wall Street: never mess with a streak.
    This is a good week for that lesson.  The jobs data is set to come out.  After two straight months of more than 200,000 jobs added, we'll see whether we can keep the streak alive this time around.
    We preview the employment report and take a look at what the labor market has looked like lately.
    And as always, we'll clear the fence at some of Wall Street's more out of the way ballparks...
    This week we've got some stories about the Trump Administration.  Toronto school kids aren't coming to America anymore, thanks to the threat of a travel ban.  And the Treasury Secretary is in trouble for a movie recommendation.  We've got a couple of tough overseas stories about Coca-Cola.  There's human waste discovered in a shipment in Ireland, and a Nigerian judge calls Coke products "poisonous."  And we've got  more stories of a real-life Borg takeover.  Elon Musk, for one, thinks resistance is futile.
    15 min
  • Ep. 34: Crazy Stupid Love - Obamacare (Un)Repeal, Brexit And Lawsuits Galore!
    Last week was marked by breakups and family quarrels.  We had the U.K. taking steps to enact Brexit - signing the divorce papers as it were. And we had the drama on Capitol Hill.  Despite controlling both houses of Congress and the White House, the Republicans weren't able to get their Obamacare replacement smoothly through the House. 
    We take a look at both Brexit and the failed health care bill.  We also look ahead to some economic statistics due out this week, including a last look at the economic legacy of the Obama Administration.
    Lastly, we take our usual tour of out-of-the-way spots on Wall Street.  It's a theme week this week. Inspired by the discord in both Europe and in Washington, we run out a list of the strangest lawsuits we have seen recently.  We've got lawsuits about alleged fake chicken.  Lawsuits about golf balls.  Lawsuits about drinkable sunscreen.  We've got a case involving the look of cheerleader uniforms that reached the U.S. Supreme Court.  And we have an overtime dispute that turned on the absence of a comma.
    16 min
  • REBROADCAST: The Founding Of Apple In 7 Minutes
    This week, we're taking a break from our normal format to bring you an episode we first broadcast in the middle of last year. Usually, we take a look at what's going on in the markets and look ahead at what to expect in the near future. This week, we're going to look back - way back.
    Last year marked the 40th anniversery of the founding of Apple Computer. We're going to take a little time to tell that story - 7 minutes to be precise.
    We'll look at how Steve Jobs went from being a wunderkind to the greatest icon in the history of tech to a guy universally acknowledged as one of the biggest jerks in modern business history.  And of course, eventually back again to icon. But today, we're just telling the first part of the story.
    8 min

About Offbeat Wall Street

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A seriously less-than-serious look at the world of finance, bringing you a lighter look at all the important news and insights about money and investing.