# Global Carry Trade Chaos Page: https://stenobird.com/podcast/slate-money-319188/global-carry-trade-chaos Text version: https://stenobird.com/podcast/slate-money-319188/global-carry-trade-chaos.md Podcast: [Slate Money](https://stenobird.com/podcast/slate-money-319188) Published: 2026-01-31T08:00:00+00:00 Episode link: https://shows.acast.com/slate-money/episodes/697cfad0f0f157225a508693 Audio file: https://sphinx.acast.com/p/open/s/695ead68a32e86d775858194/e/697cfad0f0f157225a508693/media.mp3 Processing state: processed JSON: https://stenobird.com/v1/public/podcasts/slate-money-319188/episodes/global-carry-trade-chaos Duration seconds: 2707 ## Resource This week: Volatility in the Japanese bond market is threatening the global trade house of cards. Felix Salmon , Elizabeth Spiers , and Emily Peck , unpack the changes in Japan’s economy and why they have such a big worldwide impact. Then, they discuss the weakening US dollar and what Trump's fed chair nominee says about his administration. And finally, corporate messaging around social issues has all but gone away, but the recent horrors in Minnesota have somewhat turned that tide. The hosts get into what factors pushed CEOs to speak out against actions of ICE, if somewhat mildly, and what it might mean in terms of Big Tech’s support of Trump.  In the Slate Plus episode: Can we defend…Elon Musk? Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify . Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Hosted on Acast. See acast.com/privacy for more information. ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/slate-money-319188/episodes/global-carry-trade-chaos/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/slate-money-319188/global-carry-trade-chaos.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.