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.

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.

Here’s Why answers the questions behind today’s biggest news stories in just a few minutes.

Each episode starts with a simple question and gets straight to the point. Why do nuclear arms treaties still matter. What is behind the recent weakness in the US dollar. How are artificial intelligence and global politics reshaping power and markets. Using expert reporting and clear analysis, Here’s Why explains what is happening, why it matters and what to watch next.

Episodes unpack nuclear security, shifts in global markets, the race to build AI infrastructure, political change in Europe and China’s thinking on Ukraine and Taiwan. The focus is always on clarity, not complexity. Insight without overload.
If you want to understand the world without getting lost in it, this podcast is for you. 

If you want to understand the world without getting lost in it, this podcast is for you. You have questions. We have answers.

Here&rsquo;s Why answers the questions behind today&rsquo;s biggest news stories in just a few minutes. Each episode starts with a simple question and gets straight to the point. Why do nuclear arms treaties still matter. What is behind the recent weakness in the US dollar. How are artificial intelligence and global politics reshaping power and markets. Using expert reporting and clear analysis, Here&rsquo;s Why explains what is happening, why it matters and what to watch next. Episodes unpack nuclear security, shifts in global markets, the race to build AI infrastructure, political change in Europe and China&rsquo;s thinking on Ukraine and Taiwan. The focus is always on clarity, not complexity. Insight without overload. If you want to understand the world without getting lost in it, this podcast is for you. If you want to understand the world without getting lost in it, this podcast is for you. You have questions. We have answers.

Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to provide company and industry research.

Here's Why

Here&rsquo;s Why answers the questions behind today&rsquo;s biggest news stories in just a few minutes. Each episode starts with a simple question and gets straight to the point. Why do nuclear arms treaties still matter. What is behind the recent weakness in the US dollar. How are artificial intelligence and global politics reshaping power and markets. Using expert reporting and clear analysis, Here&rsquo;s Why explains what is happening, why it matters and what to watch next. Episodes unpack nuclear security, shifts in global markets, the race to build AI infrastructure, political change in Europe and China&rsquo;s thinking on Ukraine and Taiwan. The focus is always on clarity, not complexity. Insight without overload. If you want to understand the world without getting lost in it, this podcast is for you. If you want to understand the world without getting lost in it, this podcast is for you. You have questions. We have answers.

Here's Why US Stocks Underperformed The World in 2025

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7d70732f-383d-47e2-b260-b3b800b429aa/transcript

Recent outbreaks of Ebola and Hantavirus are reminders that when such rare diseases flare up, they have the potential, in our interconnected world, to spread beyond their points of origin. Bloomberg's Health Reporter Jessica Nix joins Caroline Hepker to explain why while neither of these deadly menaces is thought likely to provoke a global epidemic they’ve stoked anxiety about the ability to respond to such a threat. 

Recent outbreaks of Ebola and Hantavirus are reminders that when such rare diseases flare up, they have the potential, in our interconnected world, to spread beyond their points of origin. Bloomberg's Health Reporter Jessica Nix joins Caroline Hepker to explain why while neither of these deadly menaces is thought likely to provoke a global epidemic they&rsquo;ve stoked anxiety about the ability to respond to such a threat.&nbsp;

Here's Why Trump's Policies Have Weakened US Pandemic Readiness 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4414d937-64a7-41e6-8e9a-b46600d79fc3/transcript

The 2026 World Cup is just days away, but the tournament is already being overshadowed by political tensions, security concerns and questions about whether the US can deliver a smooth global event. Bloomberg's Randall Williams joins Caroline Hepker to explain how geopolitics are becoming one of the biggest storylines heading into kickoff.

The 2026 World Cup is just days away, but the tournament is already being overshadowed by political tensions, security concerns and questions about whether the US can deliver a smooth global event. Bloomberg's Randall Williams joins Caroline Hepker to explain how geopolitics are becoming one of the biggest storylines heading into kickoff.

Here's Why This World Cup Is a Political Minefield

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c68497c5-d3c3-454c-aabd-b46000c920f0/transcript

A prolonged period of elevated long-term bond yields is ramping up borrowing costs around the world. That in turn affects the cost of mortgages, credit card debt, car loans and other borrowing, squeezing households and companies and weakening economic activity. Bloomberg's Head of Economics and Government Stephanie Flanders joins Caroline Hepker to discuss what's behind the rise, how it changes the global economy and if some countries are at risk a bond doom loop.

A prolonged period of elevated long-term bond yields is ramping up borrowing costs around the world. That in turn affects the cost of mortgages, credit card debt, car loans and other borrowing, squeezing households and companies and weakening economic activity. Bloomberg's Head of Economics and Government Stephanie Flanders joins Caroline Hepker to discuss what's behind the rise, how it changes the global economy and if some countries are at risk a bond doom loop.

Here’s Why a Debt Doom Loop Is Brewing

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/147b1439-7fa8-4d5d-ada4-b45900ac38a8/transcript

Here's Why US Stocks Underperformed The World in 2025

In 1 playlist(s)

Here's Why

Social links

Follow podcast

Recent clips