Macrocast by FTP & Markets Policy Partners
A pod at the intersection of financial markets and government policy
Macrocast by FTP & Markets Policy Partners
Summer Heat: Retail Booms, Housing Slumps, and a Hawkish Fed ft. John Dick
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In this episode, Macrocast regular John Dick of CivicScience joins the team to unpack the latest consumer sentiment numbers. The Economic Sentiment Index just hit its highest point since mid-April, retail sales came in nearly double expectations, and yet housing starts dropped to a six-year low. So what's actually going on with the American consumer?
They also get into how much sports and cultural moments like the World Cup are moving spending patterns, plus Ed's read on new Fed Chair Kevin Warsh's hawkish debut and what it means for rates by year-end. They close out on the Iran deal and why consumers aren't exactly celebrating.
For more about the hosts, please see below:
