George Steer

Brooke Masters, FT’s US managing editor and finance veteran, joins George Steer, an FT reporter on US markets and trading. They dig into investors decoding Trump’s Iran signals through wild oil swings, eyebrow-raising derivatives bets, redemption caps rattling private credit funds, a landmark ruling against Meta and Google, and why the WTO may be running out of road.

George Steer, a US markets reporter at the Financial Times, dives into the world of 'pump and dump' schemes—fraudulent practices that entice investors only to see stock prices collapse. He discusses how social media fuels these scams and the psychological tricks scammers use. The conversation highlights the growing concern over investment fraud, the need for investor vigilance, and strategies to identify stock manipulation. With anecdotal humor, they also explore real estate investments and the cultural significance of envy in finance.

George Steer, U.S. markets correspondent, discusses the recent downturn in the cryptocurrency market where Bitcoin has lost significant ground. He warns of impacts from tariff threats and regulatory shifts. Alison Killing, an investigative reporter, dives into the ambitious yet precarious Neom project in Saudi Arabia, highlighting its staggering costs and feasibility issues. She reveals why the futuristic megastructure may take decades to complete, largely due to material needs and investor hesitancy.