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Historic El Niño May Cost Trillions – Odd Lots Podcast

Bloomberg Markets •
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The Bloomberg Odd Lots podcast examines a historic El Niño that could cost the world trillions, highlighting how extreme weather can destabilize agriculture, trigger devastating droughts and floods, and ripple through global markets and supply chains.

It also covers the resurgence of trucking, where freight volumes and billing have surged over the past year, yet drivers voice discontent amid new regulatory limits on who may operate on the road, while NYT CEO Meredith Kopit Levien discusses the newspaper’s evolution through acquisitions such as The Athletic, Wirecutter and Wordle, and its push to integrate AI into video production.

Additional episodes explore the rise of premium tinned fish, exemplified by brands like Fishwife, the unprecedented US‑Japan coordinated intervention in the yen after 15 years—selling euros to shore up the currency—and a Bloomberg Opinion warning that the tungsten market, a super‑element linked to war, signals looming conflict.

Further segments analyze Iran’s post‑revolution economic transformation since 1979, the shift toward ‘national market liberalism’ as described by Branko Milanovic, and the broader implications for a world moving beyond traditional globalization. These topics together illustrate how macro‑economic forces, commodity markets, and policy decisions intertwine to shape everyday life and investment outlook.