Macrocast: Why now, Fitch?
The Penta Podcast Channel
English - August 04, 2023 17:00 - 32 minutes - 22.2 MB - ★★★★★ - 37 ratingsBusiness News News Business Investing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Breaking down Basel III Endgame with Greg Baer of BPI
Next Episode: Bidenomics: Brilliant strategy or bound to backfire?
On this week's episode, K. Stratton Kirton, a Penta Strategy Partner, joins the Macrocast as a guest host with John Fagan and Brendan Walsh from Markets Policy Partners. The group discusses the middle of the road jobs day and what they think this means for Fed policy and the long discussed recession.
They also explore Fitch's decision to downgrade the United States credit rating and recent central bank decisions around the world, including the Bank of England and Reserve Bank of Australia. Finally, the group talks about Saudi Arabia's decision to extend their oil production cut and China's continuing economic lag.
Read Penta's Jobs Day analysis here.