Americans are paying more and getting less for their health care than ever before. On the new season of Prognosis, reporter John Tozzi explores what went wrong. 

Americans are paying more and getting less for their health care than ever before. On the new season of Prognosis, reporter John Tozzi explores what went wrong.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday, Thursday, and Friday

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday, Thursday, and Friday

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation for interviews with the most interesting minds in finance, economics and markets.

Odd Lots

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday, Thursday, and Friday.

On Bloomberg&rsquo;s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday, Thursday, and Friday.

Introducing Prognosis Season 4: America's Broken Health-Care Costs

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/acf8730f-e117-437f-b0e8-ae27005152ad/transcript

Just about everyone is worried about what is going on in France right now: the country's public finances are in sorry shape and there are fears that the French bond selloff, and the country's growing debt crisis, might spillover into the rest of Europe. On top of that, the 2027 elections have investors worried: The two leading candidates, Marine Le Pen and Jean-Luc Mélenchon, aren't seen to be up to the task of taming France's fiscal turmoil. Shahin Vallée was an advisor to Emmanuel Macron when he was an economic minister and during his first presidential election campaign. Since then, he's paid close attention to the situation in France — he is currently a senior fellow at the German Council of Foreign Relations and he advises institutional investors — and he understands, better than most, what went wrong during Macron's nine years in office. Today, he speaks to us about the origins of the current French debt crisis, how similar it is to the challenges Greece faced during the first euro crisis, and why the 2027 elections are making an unstable situation even worse.

Read more:
Market for Funding Bonds in France Shows Crisis Is Way Off
Bank of France Survey Shows Sharp Jump in Business Uncertainty

Only Bloomberg - Business News, Stock Markets, Finance, Breaking & World News subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at  bloomberg.com/subscriptions/oddlots

Subscribe to the Odd Lots Newsletter
Join the conversation:discord.gg/oddlots

Just about everyone is worried about what is going on in France right now: the country's public finances are in sorry shape and there are fears that the French bond selloff, and the country's growing debt crisis, might spillover into the rest of Europe. On top of that, the 2027 elections have investors worried: The two leading candidates, Marine Le Pen and Jean-Luc M&eacute;lenchon, aren't seen to be up to the task of taming France's fiscal turmoil. Shahin Vall&eacute;e was an advisor to Emmanuel Macron when he was an economic minister and during his first presidential election campaign. Since then, he's paid close attention to the situation in France &mdash; he is currently a senior fellow at the German Council of Foreign Relations and he advises institutional investors &mdash; and he understands, better than most, what went wrong during Macron's nine years in office. Today, he speaks to us about the origins of the current French debt crisis, how similar it is to the challenges Greece faced during the first euro crisis, and why the 2027 elections are making an unstable situation even worse.
Read more: <a href="https://www.bloomberg.com/news/articles/2026-10-15/france-s-bond-turmoil-leaves-repo-funding-unscathed-for-now?utm_medium=referral&amp;utm_source=podcast&amp;utm_campaign=odd_lots&amp;utm_content=article" data-renderer-mark="true" data-is-router-link="false" data-testid="link-with-safety">Market for Funding Bonds in France Shows Crisis Is Way Off</a> <a href="https://www.bloomberg.com/news/articles/2026-10-12/bank-of-france-survey-shows-sharp-jump-in-business-uncertainty?utm_medium=referral&amp;utm_source=podcast&amp;utm_campaign=odd_lots&amp;utm_content=article" data-renderer-mark="true" data-is-router-link="false" data-testid="link-with-safety">Bank of France Survey Shows Sharp Jump in Business Uncertainty</a>
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The French Political Crisis That's Turning Into a Debt Crisis

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/9eaa512a-78cf-4f3a-b125-b4e401078052/transcript

Traders and market watchers around the world started talking about a crypto platform called Hyperliquid earlier this year, when speculators used markets built on top of it to trade crude oil after war broke out in Iran. What Hyperliquid allowed for was a 24/7 market on the blockchain. Then in August, President Trump said the CFTC was working on bringing “Hyperliquid into the United States in a fully compliant and legal fashion.” Hyperliquid currently operates outside the US, but that hasn't stopped it from growing prodigiously in the last year. Jeff Yan, CEO and co-founder of Hyperliquid Labs, joins us today to explain how exactly the platform works: He walks us through the protocol he and his co-founders built, the ecology of actors and assets that are tied to Hyperliquid (like the platform's cryptocurrency HYPE), how perps are bought and sold on the platform, he explains what a blockchain oracle is, and he discusses what has to happen for Hyperliquid to start operating in the US.

Read more:
Strategy’s Saylor Sees Bitcoin Moving Back Up Beyond $100,000
A $90 Million Spyware Hack Sparks Review of Crypto Wallet Sales

Only http://Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at  bloomberg.com/subscriptions/oddlots

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Join the conversation:discord.gg/oddlots

Traders and market watchers around the world started talking about a crypto platform called Hyperliquid earlier this year, when speculators used markets built on top of it to trade crude oil after war broke out in Iran. What Hyperliquid allowed for was a 24/7 market on the blockchain. Then in August, President Trump said the CFTC was working on bringing &ldquo;Hyperliquid into the United States in a fully compliant and legal fashion.&rdquo; Hyperliquid currently operates outside the US, but that hasn't stopped it from growing prodigiously in the last year. Jeff Yan, CEO and co-founder of Hyperliquid Labs, joins us today to explain how exactly the platform works: He walks us through the protocol he and his co-founders built, the ecology of actors and assets that are tied to Hyperliquid (like the platform's cryptocurrency HYPE), how perps are bought and sold on the platform, he explains what a blockchain oracle is, and he discusses what has to happen for Hyperliquid to start operating in the US.
Read more: <a href="https://www.bloomberg.com/news/articles/2026-10-13/strategy-s-saylor-sees-bitcoin-moving-back-up-beyond-100-000?utm_medium=referral&amp;utm_source=podcast&amp;utm_campaign=odd_lots&amp;utm_content=article" data-prosemirror-content-type="mark" data-prosemirror-mark-name="link">Strategy&rsquo;s Saylor Sees Bitcoin Moving Back Up Beyond $100,000</a> <a href="https://www.bloomberg.com/news/articles/2026-10-13/ledger-to-review-sale-policies-after-crypto-spyware-attack?utm_medium=referral&amp;utm_source=podcast&amp;utm_campaign=odd_lots&amp;utm_content=article" data-prosemirror-content-type="mark" data-prosemirror-mark-name="link">A $90 Million Spyware Hack Sparks Review of Crypto Wallet Sales</a>
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Jeff Yan's Plan to Bring the Entire Financial Industry Onto Hyperliquid

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b143850e-7e8f-4144-8299-b4e30171ca7d/transcript

Since the Hugging Face incident, concerns over AI doomsday scenarios has entered the mainstream. But of course, some people have been warning about this for years, long before LLMs or ChatGPT. In their 2025 book If Anyone Builds It, Everyone Dies, Nate Soares and Eliezer Yudkowsky spelled out their vision of humanity's inevitable demise once superintelligent AI is built. In this episode, we speak with Soares, who serves as president of the Machine Intelligence Research Institute, about why he believes it's impossible to "align" superintelligent AI, and how exactly the technology can and will go rogue as it gets more and more advanced.

Read more:
Anthropic IPO Investors Struggle to Put a Price on Rogue AI Risk
AI Bubble Risks Worst S&P 500 Crash Since 2008, Strategist Says

Only http://Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at  bloomberg.com/subscriptions/oddlots

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Join the conversation:discord.gg/oddlots

Since the Hugging Face incident, concerns over AI doomsday scenarios has entered the mainstream. But of course, some people have been warning about this for years, long before LLMs or ChatGPT. In their 2025 book If Anyone Builds It, Everyone Dies, Nate Soares and Eliezer Yudkowsky spelled out their vision of humanity's inevitable demise once superintelligent AI is built. In this episode, we speak with Soares, who serves as president of the Machine Intelligence Research Institute, about why he believes it's impossible to "align" superintelligent AI, and how exactly the technology can and will go rogue as it gets more and more advanced.
Read more: <a href="https://www.bloomberg.com/news/articles/2026-10-08/anthropic-ipo-investors-struggle-to-put-a-price-on-rogue-ai-risk?utm_medium=referral&amp;utm_source=podcast&amp;utm_campaign=odd_lots&amp;utm_content=article" data-prosemirror-content-type="mark" data-prosemirror-mark-name="link">Anthropic IPO Investors Struggle to Put a Price on Rogue AI Risk</a> <a href="https://www.bloomberg.com/news/articles/2026-10-08/ai-bubble-risks-worst-s-p-500-crash-since-2008-strategist-says?utm_medium=referral&amp;utm_source=podcast&amp;utm_campaign=odd_lots&amp;utm_content=article" data-prosemirror-content-type="mark" data-prosemirror-mark-name="link">AI Bubble Risks Worst S&amp;P 500 Crash Since 2008, Strategist Says</a>
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Nate Soares on How AI Really Could Kill Us All

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f6fd1a43-7c77-47c2-ae42-b4e0016e2d9b/transcript

Introducing Prognosis Season 4: America's Broken Health-Care Costs

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