In this week's roundup, Merryn Somerset Webb, speaks with Money Distilled newsletter author John Stepek about how US tariffs have highlighted a benefit of Brexit and why they believe the minimum wage is too high. 

In this week's roundup, Merryn Somerset Webb, speaks with Money Distilled newsletter author John Stepek about how US tariffs have highlighted a benefit of Brexit and why they believe the minimum wage is too high.&nbsp;

Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices.

Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices.

Merryn Talks Money

Tariffs, Brexit Benefits and the Minimum Wage 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ec0f28aa-4f63-4318-91e8-b2b40127016e/transcript

Here it is! The second in our special two-part series, where John Stepek and Merryn Somerset Webb tell the extraordinary story of John Law: a fugitive Scots gambler who became the most powerful financier in France and helped invent the modern monetary system.

From murder and exile to paper money, banking revolutions and spectacular collapse, Law’s life reveals why today’s financial system works the way it does—and why it sometimes blows up. It’s history, scandal and monetary theory rolled into one irresistible tale.

We used a range of sources for this podcast but two key books to read if you'd like to find out more are:
John Law: A Scottish Adventurer of the Eighteenth Century (2018), by James Buchan
John Law: Economic Theorist and Policy-Maker (1997), by Antoin Murphy

Here it is! The second in our special two-part series, where John Stepek and Merryn Somerset Webb tell the extraordinary story of John Law: a fugitive Scots gambler who became the most powerful financier in France and helped invent the modern monetary system.
From murder and exile to paper money, banking revolutions and spectacular collapse, Law&rsquo;s life reveals why today&rsquo;s financial system works the way it does&mdash;and why it sometimes blows up. It&rsquo;s history, scandal and monetary theory rolled into one irresistible tale.
We used a range of sources for this podcast but two key books to read if you'd like to find out more are: John Law: A Scottish Adventurer of the Eighteenth Century (2018), by James Buchan John Law: Economic Theorist and Policy-Maker (1997), by Antoin Murphy

John Law: The Gambler Who Invented Modern Money (Part 2) 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/1725d381-03f1-4d3f-9d46-b3c5012d5585/transcript

In this special two-part series, John Stepek and Merryn Somerset Webb tell the extraordinary story of John Law: a fugitive Scots gambler who became the most powerful financier in France and helped invent the modern monetary system. From murder and exile to paper money, banking revolutions and spectacular collapse, Law’s life reveals why today’s financial system works the way it does—and why it sometimes blows up. It’s history, scandal and monetary theory rolled into one irresistible tale.

We used a range of sources for this podcast but two key books to read if you'd like to find out more are:
John Law: A Scottish Adventurer of the Eighteenth Century (2018), by James Buchan
John Law: Economic Theorist and Policy-Maker (1997), by Antoin Murphy

In this special two-part series, John Stepek and Merryn Somerset Webb tell the extraordinary story of John Law: a fugitive Scots gambler who became the most powerful financier in France and helped invent the modern monetary system. From murder and exile to paper money, banking revolutions and spectacular collapse, Law&rsquo;s life reveals why today&rsquo;s financial system works the way it does&mdash;and why it sometimes blows up. It&rsquo;s history, scandal and monetary theory rolled into one irresistible tale.
We used a range of sources for this podcast but two key books to read if you'd like to find out more are: John Law: A Scottish Adventurer of the Eighteenth Century (2018), by James Buchan John Law: Economic Theorist and Policy-Maker (1997), by Antoin Murphy

John Law: The Gambler Who Invented Modern Money (Part 1) 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/099954cd-796a-4f22-9537-b3ba013d6982/transcript

Marker 01

On this week's markets roundup, hosts Merryn Somerset Webb and John Stepek look back at an unexpectedly strong year for global markets, with equities, gold and even silver delivering standout performances. They dig into whether 2025’s surprising rotations—from US mega-caps to value, energy and long-ignored small caps—could carry into next year, and what persistent inflation, UK rate cuts and shifting attitudes toward net zero might mean for investors. 

On this week's markets roundup, hosts Merryn Somerset Webb and John Stepek look back at an unexpectedly strong year for global markets, with equities, gold and even silver delivering standout performances. They dig into whether 2025&rsquo;s surprising rotations&mdash;from US mega-caps to value, energy and long-ignored small caps&mdash;could carry into next year, and what persistent inflation, UK rate cuts and shifting attitudes toward net zero might mean for investors.&nbsp;

Gold’s Shine, Small Cap Hopes and What to Watch in 2026

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/09bef46d-6b83-46c7-b332-b3b7015f6dc5/transcript

Tariffs, Brexit Benefits and the Minimum Wage

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