Cardiff Garcia

U.S. Alphaville Editor, Financial Times

Cardiff Garcia appears in the following:

The Diamond-Water Paradox

Wednesday, July 25, 2018

The Diamond-Water Paradox poses the question: If we need water to survive and we don't need diamonds, why are diamonds expensive and water cheap?

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Trump Vs. The Fed, Or Trump Vs... Trump?

Tuesday, July 24, 2018

President Trump broke with tradition by lamenting that rising rates are keeping the dollar strong and the trade deficit wide. But rising rates and a stronger dollar are the results of his own agenda.

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Google's Mobile Monopoly

Monday, July 23, 2018

The European Commission just slapped Google with a $5 billion fine for abusing its Android monopoly. How did it create the alleged monopoly? By making Android free.

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Explaining The 'Yield Curve'

Friday, July 20, 2018

Can the yield curve predict recession, or is it a dated model? Planet Money explains.

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Three Indicators To Keep A (Side)eye On

Thursday, July 19, 2018

Three worrying indicators to keep an eye on — less complicated than the yield curve, but something you can talk about at the water cooler.

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Trade Wars And The Batman Problem

Wednesday, July 18, 2018

It may be too late to avoid a trade war between the U.S. and China, but there might be a simple way to stop the trade wars of the future.

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We Hear You

Friday, July 13, 2018

We respond to your letters, tweets and messages: We talk Iran, yield curve and how to pronounce Hyundai.

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The Last Straw

Thursday, July 12, 2018

Starbucks, Ikea, Vancouver, Scotland: They've all banned plastic straws. The movement is meant to help reduce plastic waste in the ocean. But will it work, or will it backfire?

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Fed Accounts For All!

Wednesday, July 11, 2018

Banks and other financial institutions have their own banking accounts at the Federal Reserve. Morgan Ricks argues that regular folks should have access to Fed accounts, too.

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The Price of A Hyundai in Iran

Tuesday, July 10, 2018

President Trump recently announced strict economic sanctions in Iran. Today on the show, we talked to a young Iranian man about what it's like to live in the Iranian economy right now.

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The Recession Predictor, Still Predictive?

Monday, July 09, 2018

Every time the yield curve has inverted since 1970, the economy has fallen into recession. It's getting close to inverting now, but it may no longer be the recession predictor it once was.

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Episode 852: Two Summer Indicators

Friday, July 06, 2018

Two stories from our Indicator team. One province in China makes many of the world's flags. It's a unique window on global trade. And we find out why so few teenagers are working summer jobs.

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Jobs: 10 Questions in 10 Minutes

Friday, July 06, 2018

It's jobs Friday! For a comprehensive mid-year update on the labor market, we ask labor economist Betsey Stevenson ten questions in ten minutes.

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The Long French Goodbye

Thursday, July 05, 2018

A quirk in French labor law makes it especially difficult for a company to lay off its employees. It's a system designed to protect workers, but it also has consequences for the rest of the economy.

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Star Spangled Indicator

Tuesday, July 03, 2018

Flags: symbol of a country, patriotic rallying cry, and a telling economic indicator. Today on the show, a factory in China that makes American flags, and what it tells us about the modern economy.

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The Problem With Unobservable Variables

Monday, July 02, 2018

The unemployment rate is already below the Federal Reserve's estimate for maximum employment. But former Fed Governor Sarah Bloom Raskin says it may still have further to fall.

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Dungeons & Dragons & Balance Sheets

Friday, June 29, 2018

Every year, the nation's biggest banks are subjected to stress tests, hypothetical disaster scenarios designed to test their balance sheets. But the stress tests could soon be getting less stressful.

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Bubble, Bubble, Oil And Trouble

Thursday, June 28, 2018

The price of oil continued climbing throughout this year, catching forecasters and consumers by surprise. What happened, and what might make it move in the second half of the year?

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Happy Birthday, Smith v. Keynes

Wednesday, June 27, 2018

June marks the birthday of two of the most famous economists of all time: Adam Smith and John Maynard Keynes. Whose ideas are most relevant today? Stacey and Cardiff duke it out.

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The Beautiful Indicator

Monday, June 25, 2018

Team Indicator takes on the World Cup. We drink, we cheer, we watch the game and, of course, we bring our economic indicators.

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