Macrocast: The retail hangover continues
The Penta Podcast Channel
English - March 03, 2023 18:00 - 24 minutes - 17 MB - ★★★★★ - 37 ratingsBusiness News News Business Investing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Why the Fed is stuck between a rock and a hard place
Next Episode: Macrocast: This wasn't on the Fed's 2023 bingo card
On today's Macrocast, Bryan, John, and Brendan host John Dick from Civic Science and Ylan Mui, a managing director at Penta. Ylan just joined Penta by way of CNBC, where she covered economic and regulatory policy for six years. The group discusses the latest economic sentiment index, which shows consumer optimism ticking down from the record high two weeks ago and more evidence of a "hangover" in spending following the post-COVID surge. Plus, the group looks ahead to Federal Reserve Chair Powell's upcoming testimony before the Senate Banking Committee on Tuesday, where Democrats like Sherrod Brown are likely to press Powell on the threat to employment posed by rate hikes.
Take a look at Penta's latest ESI analysis here.