{"podcast":{"title":"Reuters Morning Bid","slug":"reuters-morning-bid-7596246","podcast_index_feed_id":7596246,"rss_url":"https://feeds.megaphone.fm/THRH7907651499","website_url":"https://www.reuters.com/podcasts/","image_url":"https://megaphone.imgix.net/podcasts/8d7badb4-26b3-11f0-a040-1fe12f445fb2/image/d01020d1288700b6588ee45cac9e3bc0.jpg?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"Reuters","episode_count":212,"summary":"Everything you need to know to start your trading day. Unfiltered markets news and analysis straight from the Reuters newsroom.","last_synced_at":"2026-07-16T20:20:19.209944+00:00","page_url":"https://stenobird.com/podcast/reuters-morning-bid-7596246"},"episode":{"title":"What is the NACHO trade?","slug":"what-is-the-nacho-trade","published_at":"2026-05-05T09:33:00+00:00","page_url":"https://stenobird.com/podcast/reuters-morning-bid-7596246/what-is-the-nacho-trade","show_page_url":"https://stenobird.com/podcast/reuters-morning-bid-7596246","url":"https://traffic.megaphone.fm/THRH6341834552.mp3","audio_url":"https://traffic.megaphone.fm/THRH6341834552.mp3","summary":"Oil holds above $110 a barrel as fighting in the Gulf intensifies, with Iranian forces striking a UAE oil installation and small boats exchanging fire with U.S. forces near the Strait of Hormuz. Meanwhile, a sharp upgrade to U.S. earnings forecasts and soaring AI spending projections keep equity investors from heading for the exits. Today’s recommended read: Forget 3% US inflation. It's heading for 4%, Jamie McGeever Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest Read more from Amanda Cooper and Anna Szymanski Produced by Eliza Davis Beard, Ethan Plotkin and Abisoye Adelusi Sound engineering and music by Sebastian and Josh Sommer Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. Learn more about your ad choices. Visit megaphone.fm/adchoices","meta_description":"Oil holds above $110 a barrel as fighting in the Gulf intensifies, with Iranian forces striking a UAE oil installation and small boats exchanging fire wit…","key_points":[],"chapters":[],"topics":[],"duration_seconds":479,"processing_state":"processed","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/reuters-morning-bid-7596246/episodes/what-is-the-nacho-trade/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/reuters-morning-bid-7596246/what-is-the-nacho-trade.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}