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The Penta Podcast Channel
The Penta Podcast Channel is home to all of Penta's podcasts, including the Macrocast and What's At Stake: A Penta Podcast. The Macrocast, produced by Penta and Markets Policy Partners, features weekly insight and analysis on the latest macroeconomic trends. What's at Stake: a Penta Podcast features in-house experts and often special guests for analysis on the biggest issues shaping business and public policy.
The Penta Podcast Channel
Macrocast: To hike or not to hike, that is the question
On today's Macrocast, Ylan, John Fagan, and Brendan are joined by John Dick of Civic Science. The group chats about the latest consumer data from the ESI, which indicates that consumers might be "coming back to reality" as some are trading down for purchase categories like going out to eat. Despite the decrease in the overall consumer sentiment in the ESI reading, the group notes that some retailers had very positive second quarter earnings calls.
Later in the episode, they also discuss the minutes from the latest FOMC meeting, the biggest challenges currently impacting China's economy, and Secretary Yellen's recent trip to China. You won't want to miss this one!
Check out more information about the ESI and this week's update here.