The Wall Street Skinny

In this interview, Wellington’s head of U.S. macro Mike Medeiros argues that the prevailing consensus—rising equities, a steepening yield curve and easy monetary policy—is misplaced, pointing to strong first‑half 2024 drivers such as a fiscal stimulus package equal to about 1 % of GDP, interest rates still below a higher neutral rate, a more predictable trade‑tariff environment and modest deregulation that together support robust nominal GDP growth. He cautions that the outlook could flip in the second half as fiscal support peaks, midterm elections inject political risk, and a tightening labor market may flatten the curve, while maintaining a structural case for a steeper yield curve and a short‑term bullish view on employment.

Join the hosts as they dissect Season 4, Episode 1 of HBO Max’s “Industry,” breaking down the episode’s new characters, the American‑Psycho‑inspired opening, and the tangled hedge‑fund politics surrounding Harper’s short‑only fund. The deep dive also explores themes of predation, talent versus luck, and the show’s sharp commentary on modern finance culture.

In this limited‑edition “He Said / She Said” episode, Dan Nathan and Guy Adami of The Wall Street Skinny sit down with founders Jen Sarbach and Kristen (Kristen) to celebrate their partnership and explore the mission behind their finance‑education platform. The conversation dives into the challenges women face on Wall Street, the nuances of bank valuation (price‑to‑tangible‑book vs. PE), upcoming earnings, yield‑curve dynamics, and how they translate complex market concepts into accessible, entertaining content.

The hosts arrive at the New York City red‑carpet for HBO’s *Industry* Season 4 premiere, sharing their excitement about meeting the cast, creators, and soaking up the buzz while offering quick, fan‑focused reactions to the opening episode. They also tease their forthcoming episode‑by‑episode deep‑dive podcast, promising detailed line‑by‑line analyses of every finance‑flavored twist throughout the new season.

In this live NYC episode, former investment bankers Jen and Kristen riff on “Industry” S3E8 “Infinite Largesse,” breaking down the finale’s themes of generosity, succession and financial power plays while sharing the excitement of attending the Season 4 red‑carpet premiere. They also blend personal anecdotes about scrambling to the event, behind‑the‑scenes insights on the show’s storytelling, and a playful look at finance‑industry culture.

Let's produce.Former investment bankers Jen and Kristen break down Season 3, Episode 7 of HBO Max’s “Industry,” exposing how the show’s Pure Point collapse mirrors the real‑world Lehman Brothers bankruptcy and the ensuing derivatives fallout. They separate Hollywood drama from actual Wall Street mechanics—like collateral agreements, emergency capital injections, and the scramble to offload toxic positions—while offering insider anecdotes from the 2008 crisis.

Join Jen and Kristen in this episode of "The Wall Street Skinny" as they dive into HBO Max's "Industry" Season 3, Episode 6, titled "Nikki Beach, or So Many Ways to Lose." They explore the episode's intertwining themes, character dynamics, and real-world parallels, specifically tracing narratives reminiscent of the Jeffrey Epstein case, while contemplating the often transactional nature of relationships in the finance world.

In this episode of the unofficial companion podcast for HBO Max's "Industry," hosts Jen and Kristen dive into the key plot points of Season 3, Episode 5, titled "Company Man." They discuss the increasing tension surrounding Robert's upcoming interrogation over Pure Point's handling of a disastrous IPO and the moral dilemmas faced by the characters amidst the looming corporate fallout.

In this episode of "Trading vs. Gambling," former Morgan Stanley bankers Jen and Kristen analyze season 3, episode 4 of HBO Max's "Industry," titled "White Mischief." They delve into the themes of trading culture, gambling behaviors on the trading floor, and their evolving perceptions of the eponymous episode, all while highlighting parallels drawn from real-world financial events.

In this insightful episode, Jen and Kristen welcome Liz Meyers, the Global Chair of Investment Banking and Capital Markets at JP Morgan, to discuss the evolving landscape of IPOs and equity capital markets. They explore the intricacies of how IPOs work, the significance of upcoming deals like SpaceX, and share personal anecdotes that highlight the importance of network and education in navigating a successful finance career.

In this episode of 'Skinny on Wall Street,' Kristin and Jen dissect Paramount's audacious $108 billion hostile bid for Warner Brothers Discovery, exploring the intricate backstory and financial mechanics behind the high-stakes offer. Amid a significant shift in the media landscape, the hosts reveal how this bid resembles a leveraged buyout and delve into the broader implications of foreign influence and corporate strategy in today's market.

In this episode of "Wall Street Skinny," Jen and Kristen delve into the complexities of Season 3, Episode 3 of HBO's "Industry," discussing themes such as the fallout from a disastrous IPO, non-compete clauses in hedge funds, and the hypocrisy surrounding ESG investing. They dissect the narrative's exploration of the financial industry while contrasting it with real-world events, providing insights into the intricate dynamics between finance and morality.

In this episode of Wall Street Skinny, hosts Jen and Kristen welcome Sarah Kapnick, JP Morgan's global head of climate advisory and former chief scientist at NOAA, to discuss the intersection of climate science and finance. Sarah’s unique background in mathematics and climate science reveals how understanding environmental factors can lead to substantial financial gains and inform investment strategies in an increasingly uncertain world.

In this episode of "The Skinny on Wall Street," Kristen and Jen dive into Netflix's groundbreaking $83 billion acquisition of Warner Bros' streaming and content assets, analyzing the deal's complexities such as its structure and regulatory challenges. As they break down the implications for shareholders and the future of HBO content, they highlight the intricate dynamics of M&A transactions, including bidding wars and potential impacts on the theatrical film industry.

In this engaging video, Kristen and Jen delve into Michael Burry's recent accusations of fraud against major tech companies like Meta and Oracle, sparked by concerns over their accounting practices regarding GPU depreciation. They unpack the implications of these claims, how they relate to the broader conversation about an AI bubble, and offer insights into the ongoing dynamics of the fixed income markets ahead of the upcoming Fed meeting.

In this episode of "Skinny on Wall Street," Kristen and Jen discuss the recent volatility in the markets, particularly focusing on the implications of Nvidia's impressive earnings report and ongoing speculation about an AI investment bubble. They also delve into potential changes in Federal Reserve interest rate policies and the controversial concept of introducing 50-year mortgages to address housing affordability issues.

In this episode, finance expert Michael Gatto discusses the intricacies of distressed debt investing, highlighting its differences from traditional investment strategies, particularly in the current challenging economic landscape. He shares insights from his newly released book, "The Credit Investor’s Handbook," offering invaluable advice for investors navigating the complexities of private credit and bankruptcy proceedings.

Join us in this insightful episode of Wall Street Skinny as we delve into the world of Carlyle, one of the largest private equity firms globally, with Shane Clifford, the firm’s global head of wealth. Discover how Carlyle is innovating the private markets landscape by making investments more accessible for a wider range of investors through cutting-edge financial structures like evergreen funds.

In this episode of "The Skinny on Wall Street," Kristen and Jen explore the recent decisions by the Federal Reserve, including a surprising halt to quantitative tightening and Jerome Powell's impactful remarks during the press conference. They also delve into Meta's latest earnings, examining its unique project financing for a new data center and the implications for the tech sector's future.

In this episode of Wall Street Skinny, Jen and Kristen interview Paul Dodd, Senior Operating Partner at Sixth Street, to explore growth equity strategies and the value creation process in private equity. They discuss the implications of AI in finance, the evolution of Sixth Street from its origins in TPG, and the importance of understanding financial models within investment banking.

In this insightful episode of "Wall Street Skinny," hosts Jen and Kristen delve into the tumultuous credit markets, spotlighting the recent challenges faced by First Brands during their restructuring efforts. They explore Apollo's controversial blacklisting from lending to First Brands and discuss crucial operational lessons from a transformative book that could benefit anyone managing or investing in companies.

In this episode of "The Skinny on Wall Street," Kristen and Jen discuss the notable parallels between the record-setting 2025 Electronic Arts LBO and the TXU LBO from 2007, which preceded the Global Financial Crisis. They explore how the current economic climate—including the effects of the government shutdown—impacts market stability and investor sentiment, drawing essential lessons from the past.

In this episode of "Skinny on Wall Street," hosts Kristen and Jen dive into the recent bankruptcy of First Brands, exploring the implications of alleged fraud within the company and its impact on private credit markets. They also discuss the surge in gold prices and a bizarre lawsuit involving a banking analyst, providing insights into current trends and potential financial pitfalls.

In this episode of the Wall Street Skinny podcast, hosts Jen and Kristen engage in a captivating discussion on quantitative investing, featuring Stacy Mintz, PGIM's Head of Quantitative Equity. Listeners will gain valuable insights into the fundamentals of quant investing, its differences from traditional investment strategies, and how to incorporate it into a diversified portfolio.