Rephonic
Artwork for The Spillover
Artificial Intelligence
United States
China
Openai
Federal Reserve
Bitcoin
Tariffs
Private Credit
IRAN War
Europe
India
Oil Markets
US Dollar
Kalshi
Planet Labs
K-Shaped Economy
Tokyo, Japan
Planetary Intelligence
Gold
War In Middle East

How do critical international developments shape economic and financial markets worldwide? Each week, The Spillover examines the ripple effects of global events across policy, geopolitics, economics, finance, and technology. This podcast helps you better understand what’s happening, and why it matters to businesses, global markets, and the world.

PublishesWeeklyEpisodes33Founded7 months ago
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Latest Episodes

This week, host Rebecca Patterson sits down with energy and climate expert Vijay Vaitheeswaran to discuss the U.S. government's acquisition of 35 percent equity stake in a Venezuelan oil company and how managing demand and boosting efficiency are cri... more

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The financing behind the AI boom has grown so large that treasury bond yields are approaching levels not seen since the leadup to the 2008 financial crisis. But is the risk to the financial market overblown? This week, Rebecca Patterson and Sebastian... more

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Artificial intelligence has become the biggest variable in the U.S. economy, but is the country really positioned to win the global race for economic dominance in AI? This week, Rebecca Patterson and Sebastian Mallaby draw on Patterson's new chapter ... more

Five months of war in Iran have completely reshaped energy markets. This week, the Baker Institute’s Kristian Coates Ulrichsen joins Rebecca Patterson and Sebastian Mallaby to examine how conflict in the Strait of Hormuz exposed the fragility of the ... more

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Recent Guests

Rebecca Patterson
Expert on AI and economics (guest)
Episode: The Hosts Pick a Global AI Winner + The Advanced Economy Deployment Problem + The Question Even the Experts Can't Answer
Kristian Coates Ulrichsen
Fellow for the Middle East at Rice University's Baker Institute for Public Policy and co-director of the Middle East Energy Roundtable
Rice University/Baker Institute
Episode: How China Is Quietly Winning the Iran War Energy Crisis
Jordan Schneider
Founder of ChinaTalk podcast and newsletter
ChinaTalk
Episode: Jordan Schneider Thinks the Real AI Race Is About Compute, Not Models
Dan Kurtz-Phelan
Host of the Foreign Affairs Interview Podcast
Foreign Affairs
Episode: The AI Trilemma + Open-Weight Proliferation + the “Singularity Delusion”
Rahm Emanuel
Former White House Chief of Staff, Ambassador of Japan, Mayor of Chicago
Former U.S. government official
Episode: Rahm Emanuel Talks Israel, Midterm Elections, and the Democratic Party
John Hillman
Senior Fellow at CFR, tracks government interventions in private equity
Council on Foreign Relations
Episode: Washington Considers a Stake in OpenAI + Altman’s Gambit + America, Inc.
Martin Wolf
Chief economics commentator, Financial Times
Financial Times
Episode: Two Brits Unpack America’s 250th Birthday + The Cultural Civil War
Roger Ferguson
Former Vice Chair of the Federal Reserve
Former Federal Reserve Vice Chair
Episode: What Will the Fed Become Under Chair Kevin Warsh? + Greenspan's Legacy
Ajay Banga
President of the World Bank
World Bank
Episode: "A Job Beats a Handout" + Why the World Bank Is Betting Everything on Employment

Hosts

Rebecca Patterson
Host of The Spillover; affiliated with the Council on Foreign Relations (CFR); former Bridgewater Associates.
Sebastian Mallaby
Co-host of The Spillover; affiliated with CFR; noted author and commentator on economics and policy.

Reviews

4.9 out of 5 stars from 40 ratings
  • Great content and very engaging format

    Excellent podcast. Highly engaging and informative. Just the right amount of substance; smart but not too wonky. Great chemistry between hosts.

    Apple Podcasts
    5
    TBN4life
    United States6 months ago
  • A new fan!

    Brilliant and fresh take on what’s going on now in the global economy

    Apple Podcasts
    5
    justsomekid
    United States6 months ago
  • Fast Paced & Informative

    Enjoyed the episode on the Supreme Court ending the tariffs. The show flies by and you realize you learned a lot. The host was very likable.

    Apple Podcasts
    5
    PodsforPeoplePayingAttention
    United States7 months ago
  • A whirlwind discussion of the fragile four economies and worldwide implications …

    The goals of this podcast were met without exception and in an entertaining fashion. Looking forward to the next episode!

    Apple Podcasts
    5
    Dr. Eddey
    United States7 months ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

High-caliber guests and credible hosts create thoughtful, credible conversations.
Insightful, data-driven macro analysis that connects policy to markets.
Pacing is fast and informative, with clear host chemistry.
Engaging take on global energy, AI, and finance with actionable takeaways.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Talking Points

Recent interactions between the hosts and their guests.

The AI Trilemma + Open-Weight Proliferation + the “Singularity Delusion”
Q: Is there a viable regulatory framework for AI safety that could be practical and effective?
Yes—an approach analogous to aviation and pharmaceuticals, with a federal authority that conducts mandatory red-teaming and safety checks before frontier models are released, could create clear safety guardrails and accountability without stifling legitimate innovation.
The AI Trilemma + Open-Weight Proliferation + the “Singularity Delusion”
Q: What do you mean by the AI trilemma, and why is it hard to balance these aims?
The trilemma describes the need to stay ahead of competitors, reassure an anxious public, and sustain rapid innovation simultaneously; the difficulty is that improvements in one area often worsen another, and piecemeal policies are unlikely to harmonize these competing demands.
Washington Considers a Stake in OpenAI + Altman’s Gambit + America, Inc.
Q: What are the risks of market distortion and conflicts of interest when the government takes stakes in private companies?
Risks include mispricing of risk, favoritism, and potential misuse of government influence to benefit friends or family; the discussion emphasizes oversight, clear legal frameworks, and potentially a centralized, insulated entity to manage exits and governance.
Washington Considers a Stake in OpenAI + Altman’s Gambit + America, Inc.
Q: What is the rationale behind the OpenAI 5% stake proposal and how might it compare to Intel's government stake?
The OpenAI proposal is framed as aligning the government with a key AI player to secure strategic advantages and potential contracts, while Intel's stake was positioned as a national security and supply chain hedge—yet both raise questions about returns, exits, and taxpayer value.
What Will the Fed Become Under Chair Kevin Warsh? + Greenspan's Legacy
Q: What stands out most about Greenspan's legacy and his influence on Fed policy?
Ferguson emphasizes Greenspan's deep economic grasp, his ability to navigate crises, and the lasting impact of FedSpeak and communication practices that together shaped how markets interpreted policy, even when not all decisions were perfectly predictable.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

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Frequently Asked Questions About The Spillover

What is The Spillover about and what kind of topics does it cover?

This show consistently tackles how major international developments ripple through policy, geopolitics, economics, and markets. Episodes blend timely macro trends with deep dives into energy, AI, finance, and technology, often featuring policy makers, researchers, and industry thinkers. Notable strengths include rigorous analysis from CFR-affiliated voices, high-profile political and economic guests, and a knack for connecting global events to business implications. Listeners are likely strategic decision-makers seeking to understand risk, resilience, and opportunity in complex global systems. Potential sponsors and guests may find it valuable to align with discussions about global finance, policy, and technology leadership, as well as the ... more

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Which podcasts are similar to The Spillover?

These podcasts share a similar audience with The Spillover:

1. The President’s Inbox
2. The Foreign Affairs Interview
3. Odd Lots
4. ChinaPower
5. ChinaTalk

How many episodes of The Spillover are there?

The Spillover launched 7 months ago and published 33 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on The Spillover?

Recent guests on The Spillover include:

1. Rebecca Patterson
2. Kristian Coates Ulrichsen
3. Jordan Schneider
4. Dan Kurtz-Phelan
5. Rahm Emanuel
6. John Hillman
7. Martin Wolf
8. Roger Ferguson

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