Podcast Episodes
Back to SearchThe Investment Implications of the Wealth Surge
Episode 277
I have a habit, or so my wife tells me, of staring intently, for minutes at a time, into an open refrigerator, in search of one particular item. When…
2 years, 1 month ago
The Investment Implications of a $769,900,000,000 Mistake
Episode 276
On Thursday, the Bureau of Economic Analysis, commonly known as the BEA, will release revised data on the national income and product accounts going …
2 years, 1 month ago
Previewing the Fed: Easy Does It
Episode 275
Cutting short-term interest rates from a peak is a little like hauling a piano down a flight of stairs. The operation is best done slowly and with ca…
2 years, 1 month ago
The Jobs Mosaic
Episode 274
On Wednesday of next week, the Federal Reserve will almost certainly embark on its long-anticipated easing cycle. However, whether the first cut in t…
2 years, 1 month ago
Demographics, Debt, the Dollar and Apocalyptic Assets
Episode 273
The U.S. working age population is growing relatively slowly. The Bureau of Labor Statistics estimates that the U.S. population aged 18 to 64 grew by…
2 years, 2 months ago
Jackson Hole and the Speed of Fed Easing
Episode 272
Every August, for more than 40 years now, the Federal Reserve has held a retreat in Jackson Hole, Wyoming. It has become an important venue for Fed c…
2 years, 2 months ago
The Outlook for Housing in a Macro Game of Inches
Episode 271
The last two weeks have provided a vivid reminder of how sensitive markets can be to small changes in the macro-economic outlook.
With a nudge down i…
2 years, 2 months ago
The Slowdown Scenario
Episode 270
We live at a time when extreme voices get the most attention and so it is tempting, following a string of weak economic numbers, to yell the word “re…
2 years, 3 months ago
Concentration Risk as the Fed gets Ready to Cut
Episode 269
My wife, Sari, and I love old movies and one of our favorites is the Long, Long Trailer, staring Lucille Ball and Desi Arnaz. Desi and Lucy are newl…
2 years, 3 months ago
Is 4.1% Unemployment a Recession Warning?
Episode 268
Despite a slightly higher-than-expected payroll job gain, the June employment report was on the soft side, with downward revisions to payroll gains f…
2 years, 3 months ago