Podcast Episodes
Back to SearchA Top Down View of the Earnings Surge
Episode 347
The earnings season has started with a blast. As of Friday morning, 49 of the S&P500 companies had reported second-quarter earnings, with 85% beating…
3 months, 1 week ago
The Fed Communications Debate: Bernanke Versus Warsh
Episode 346
Alan Greenspan, who served as Fed Chairman for almost 20 years, died last month at the age of 100. He was a talented and faithful public servant who …
3 months, 3 weeks ago
Consumer Sentiment and the Stock Market
Episode 345
Despite very average economic performance, consumer sentiment remains at extraordinarily low levels. While there are many interesting aspects to this…
3 months, 3 weeks ago
The Healing of Housing
Episode 344
In the pantheon of running injuries, there is a well-established hierarchy. A recreational runner, finishing any marathon, or exerting themselves at …
4 months ago
The MOU and Warsh: A Changing Macro Landscape
Episode 343
Last week, as a frothy stock market continued to zigzag across a high plateau, two events occurred with significant implications for the macroeconomi…
4 months, 1 week ago
The Inflation Outlook and Fed Policy under New Leadership
Episode 342
Last Wednesday’s CPI report, while not a surprise, still showed a year-over-year inflation rate of 4.2% - higher than in any month since April, 2023.…
4 months, 2 weeks ago
Investing in a Divergent Economy
Episode 341
Two weeks ago, Sari and I took a vacation - an extended road trip down the East Coast as far as Charleston and then inland back to New York through t…
5 months ago
Five Scenarios for the Federal Debt
Episode 340
The Financial Accounts of the United States is a quarterly Federal Reserve publication containing a great many large numbers but very little commenta…
5 months, 1 week ago
Quarter Days and the Economic Outlook
Episode 339
In 19th century English novels, so-called “quarter days” often provided a chronological backdrop to the plot. A relic of medieval times, the quarter …
5 months, 4 weeks ago
AI, Inflation and Interest Rates
Episode 338
On Tuesday, the Senate Banking Committee will hold hearings to consider the nomination of Kevin Warsh to be the next Fed chair. His confirmation will…
6 months, 1 week ago