Episode Details

Further year-end confirmation of a robust global consumer (outside China) supports the call that the expansion is weathering the various US policy risks. The key missing ingredient remains labor markets. The Fed will have to find its way amid strong growth and elevated inflation this year. With personnel changes coming up, leadership questions abound. 

Speakers:

Bruce Kasman

Joseph Lupton

This podcast was recorded on 23 January 2026.

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