WSJ's Take On the Week brings you the insights and analysis you need to get a leg up on the world of money and investing. We cut through the noise and dive into...
WSJ’s Take On the Year: Market Trends to Watch in 2025
AI was a big stock market theme in 2024. We’ve talked about it, and heard it many times. But it was far from the only thing that happened in stocks last year. We saw record-breaking growth from power companies like Vistra. Cult stocks like Palantir and MicroStrategy also had a moment. And of course, Nvidia, a company that needs no introduction, had a blockbuster year.
But where there are winners, there are also losers. The announcement of Walgreens’ potential sale highlighted the challenges within the retail pharmacy sector. Shares of the biotech company Moderna also slumped partly due to waning demand for its Covid-19 vaccine and booster. And discount chain Dollar Tree took a hit this year as its shoppers showed signs of belt-tightening.
For our first episode of 2025, we’re joined by global editor of WSJ’s Heard on the Street column, Spencer Jakab, and deputy editor of WSJ’s Heard on the Street, Aaron Back, to reveal more of the market’s winners and losers in 2024 and examine what their wins or losses could mean for investors and the economy in the year ahead.
Further Reading
Walgreens Is in Talks to Sell Itself to Private-Equity Firm Sycamore Partners
Tech-Loving Hedge Funds Have a Crush on Utility Stocks
For more coverage of the markets and your investments, head to WSJ.com, WSJ’s Heard On The Street Column, and WSJ’s Live Markets blog.
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24:37
Goldman Sachs Economist Jan Hatzius on His 2025 Economic Outlook
Jan Hatzius, chief economist and head of global investment research at Goldman Sachs, joins co-hosts Gunjan Banerji and Telis Demos for the show’s last episode of 2024. They talk about Jan’s 2025 economic outlook, the role tariffs could play in the second Trump Administration, and the Federal Reserve’s latest interest-rate decision. They even get into the holiday spirit and chat about gift-giving.
A note to listeners: WSJ’s Take On the Week is going to take a break for the holidays and will return on Jan. 5. Happy Holidays!
Have an idea for a future guest or episode? How can we better help you take on the week? We’d love to hear from you. Email the hosts at [email protected] and [email protected].
Further Reading
For more coverage of the markets and your investments, head to WSJ.com, WSJ’s Heard On The Street Column, and WSJ’s Live Markets blog.
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22:35
Is the YOLO Trade Back? Robinhood CEO Vlad Tenev Weighs In
Welcome to WSJ’s Take On the Week. Co-hosts Gunjan Banerji, lead writer for Live Markets, and Telis Demos, Heard on the Street’s banking and money columnist, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead.
Gunjan and Telis start off by discussing the upcoming Federal Reserve interest rate decision, and tackling what’s been going in the market for risky derivatives, where activity is on track to hit an all-time high this year.
Later on, the co-hosts are joined by Robinhood CEO Vlad Tenev. Before the trading platform Robinhood became a one-stop app offering a slew of financial products, from credit cards to retirement accounts, it was at the center of the 2021 GameStop and meme stock frenzy. Gunjan, Telis and Vlad discuss Robinhood’s transformation and the rise and future of retail investing.
Have an idea for a future guest or episode? How can we better help you take on the week? We’d love to hear from you. Email the hosts at [email protected] and [email protected].
Further Reading
Robinhood Wants to Grow Up
The Thrill Factor Is Back for Retail Investors
Robinhood Sets Sights on New Bounty: The Rising Rich
For more coverage of the markets and your investments, head to WSJ.com, WSJ’s Heard On The Street Column, and WSJ’s Live Markets blog.
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27:26
Why Restaurants Are Making a Comeback, With Toast CEO Aman Narang
Welcome to WSJ’s Take On the Week. Co-hosts Gunjan Banerji, lead writer for Live Markets, and Telis Demos, Heard on the Street’s banking and money columnist, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead.
This week, Telis and Gunjan debrief on BlackRock’s $12 billion acquisition of private credit manager HPS. Then they tackle the “i word” – inflation – and the upcoming consumer-price index report. They also chat about bitcoin cresting over $100,000 in the wake of an expected crypto-friendly Washington under a Trump presidency.
Later on in the show, Telis gets into what’s driving people to restaurants at projected record levels, even though the cost of food and dining out have been high. He’s joined by Aman Narang, CEO and co-founder of Toast, a technology company that sells software and hardware to restaurants for digital payments, online apps, takeout and delivery, kitchen management and more. They talk about how the restaurant industry has fared since the pandemic and how technology like Toast’s has brought the sector further into the 21st century.
Have an idea for a future guest or episode? How can we better help you take on the week? We’d love to hear from you. Email the hosts at [email protected] and [email protected].
Further Reading
For more coverage of the markets and your investments, head to WSJ.com, WSJ’s Heard On The Street Column, and WSJ’s Live Markets blog.
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24:08
Coinbase’s Paul Grewal on the Future of Crypto Under Trump
Welcome to WSJ’s Take On the Week. Co-hosts Gunjan Banerji, lead writer for Live Markets, and Telis Demos, Heard on the Street’s banking and money columnist, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead.
This week, Telis and Gunjan skip debriefing about the headlines and jump straight into a special interview with Coinbase’s chief legal officer, Paul Grewal, to talk all things crypto, which has captivated both Main Street and Wall Street since the U.S. elections. They talk about what the crypto exchange is looking for when it comes to potential legislation and regulations under another Trump administration. They also get into what’s going on with stablecoins, tokens and cryptoassets, like bitcoin, dogecoin and dogwifhat. Later they discuss the SEC and what the industry could look like in the years to come.
Further Reading
The Crypto World Is Preparing for a Renaissance Under Trump
Is Trump Really So Great for Bitcoin?
For more coverage of the markets and your investments, head to WSJ.com, WSJ’s Heard On The Street Column and WSJ’s Live Markets blog.
WSJ's Take On the Week brings you the insights and analysis you need to get a leg up on the world of money and investing. We cut through the noise and dive into markets, the economy and finance. Join The Wall Street Journal's Telis Demos and Gunjan Banerji in conversation with the people closest to the hot topics in markets to get incisive analysis on the big trades, key players in finance and business news. The duo will bring actionable insights to a range of investors and business leaders while also entertaining a broader audience with lively, relatable conversations. Episodes drop Sundays.