Here's Why

Despite hitting repeated record highs, US stock indexes have actually underperformed markets elsewhere in 2025. Our Senior Equity Strategist Michael Msika joins Stephen Carroll to discuss what drove this trend, and the expectations for 2026.See omnystudio.com/listener for privacy information.

Prediction markets, platforms where people bet against one another on the outcomes of real-world events, are growing rapidly. The likes of Polymarket and Kalshi now collectively handle billions of dollars in bets every week. These markets have blurred the lines between gambling and trading, and their growth has been helped by a relaxed regulatory environment under US President Donald Trump. Our digital finance reporter Emily Nicolle joins Stephen Carroll to discuss.See omnystudio.com/listener for privacy information.

China is drawing lessons from the Trump administration’s still unfinished “peace plan” for Russia and Ukraine. President Xi Jinping is using the opportunity to sharpen the lines around his long-declared objective of unification with Taiwan. Bloomberg Opinion columnist Karishma Vaswani joins Stephen Carroll to discuss. You can read her latest piece on the topic here: Is China Preparing an Ukraine-Style Plan for Taiwan?See omnystudio.com/listener for privacy information.

Oil prices have been falling as this year looks set to end with the first supply glut since 2020. While lower prices benefit some, they're not good news for everyone. Bloomberg's Oil Strategist Julian Lee joins Caroline Hepker to explain.See omnystudio.com/listener for privacy information.

The world's biggest tech firms are pouring hundreds of billions of dollars into artificial intelligence. Those building AI technology are predicting massive growth. Despite all the bullish sentiment, some investors are still worried about future costs. Bloomberg Tech Europe anchor Tom Mackenzie joins Stephen Carroll to discuss.See omnystudio.com/listener for privacy information.