Marketplace for Thursday, March 5, 2015
Mar 5, 2015

Marketplace for Thursday, March 5, 2015

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Airing on Thursday, March 5, 2015: China has just set 7 percent as its target for annual growth, which would be its slowest growth in years. But what would 7 percent growth look like in the U.S.? Is it even possible in a developed country like the U.S.? We investigate. Plus, Etsy will be one of the biggest tech IPOs to come out of New York in recent years. But Etsy was built on a philosophy of handmade and small-scale  its roots are in the “maker movement”. How will this sit with a shiny future on Wall Street? We explore the culture clash behind the ETSY IPO. And after, oil prices are up. But futures prices are even higher. This creates a situation that oil traders call ‘contango.” The situation is now becoming so extreme that some banks are calling it “super contango.” What does it mean? It means some people are gonna make bank. And unlike most plays in the commodity markets, this one comes with no risk and a cast-iron guarantee to make money.

 

Segments From this episode

What a 7 percent growth rate could look like

Mar 5, 2015
China has set 7 percent as its growth target. What would that look like here?

Oil, futures and 'super contango.' What's it all mean?

Mar 5, 2015
When low prices and high supplies converge, you get a super-rare situation.

Young tech workers sought in tightening labor market

Mar 5, 2015
As competition heats up, companies are working harder to poach talent.

Dollar signs on the doilies

Mar 5, 2015
Etsy's scaling up, but how does that sit with its socially-minded users?

The Chinese villages of Wasteland, Mud Town and Lonely Outpost

Mar 5, 2015
Michael Meyer spent three years in Chinese villages that are nothing like their names.

Just who is watching the banks?

Mar 5, 2015
Previously unreleased documents reveal a new Federal Reserve oversight system
Federal Reserve Board Chairwoman Janet Yellen and D.C. Federal Reserve governor Daniel Tarullo talk with participants after a Financial Stability Oversight Council meeting last May in Washington. 
Alex Wong/Getty Images

Airing on Thursday, March 5, 2015: China has just set 7 percent as its target for annual growth, which would be its slowest growth in years. But what would 7 percent growth look like in the U.S.? Is it even possible in a developed country like the U.S.? We investigate. Plus, Etsy will be one of the biggest tech IPOs to come out of New York in recent years. But Etsy was built on a philosophy of handmade and small-scale  its roots are in the “maker movement”. How will this sit with a shiny future on Wall Street? We explore the culture clash behind the ETSY IPO. And after, oil prices are up. But futures prices are even higher. This creates a situation that oil traders call ‘contango.” The situation is now becoming so extreme that some banks are calling it “super contango.” What does it mean? It means some people are gonna make bank. And unlike most plays in the commodity markets, this one comes with no risk and a cast-iron guarantee to make money.

 

Music from the episode

AM/FM !!!
Leaving Los Feliz Mark Ronson, Kevin Parker