logo
episode-header-image
Feb 2023
26m 23s

Restaurant tabs … as an economic indicat...

MARKETPLACE
About this episode

The average consumer is hungry — to go out, that is. Sales at restaurants and bars are up nearly 25% since last January, but that spending surge coincides with dimming consumer confidence. What can all that going out tell us about the economy more broadly? Also on the show: bans on American investments in China, TikTok’s numbered days on government devices and Tubi’s CEO on ad-supported streaming.

Up next
Mar 2024
Will safety issues at Boeing seriously impact air travel?
Consumer trust in Boeing is wearing thin since an airplane door ripped off a 737 Max 9 in January, which has been followed by a string of other recent Boeing safety incidents. So how much does faltering trust actually impact the business of air travel? Plus, President Joe Biden w ... Show More
8m 36s
Mar 2024
China’s National People’s Congress comes to a close
From the BBC World Service: China’s annual policy meeting has drawn to a close at a time when the country has mountains of debt, high youth unemployment and a property sector in crisis. So what is the government’s plan to boost confidence and steady the economy? Also on today’s p ... Show More
7m 44s
Mar 2024
AI can’t handle the truth when it comes to the law
Almost one in five lawyers are using AI, according to an American Bar Association survey. But there are a growing number of legal horror stories involving tools like ChatGPT, because chatbots have a tendency to make stuff up — such as legal precedents from cases that never happen ... Show More
9m 50s
Recommended Episodes
Jul 2022
Michelle Weaver: Checking On The Consumer
As inflation continues to be a major concern for the U.S., investors will want to pay attention to how spending, travel and sentiment are changing for consumers. -----Transcript----- Welcome to Thoughts on the Market. I'm Michelle Weaver, a U.S. equity strategist for Morgan Stanl ... Show More
4m 9s
Sep 2023
An end-of-summer consumer bum-out
Earlier this year, people were feeling more upbeat about the economy, with the job market hot and inflation cooling. But consumer confidence fell for the second straight month in September, according to The Conference Board. What’s weighing on consumers’ minds? We also unpack the ... Show More
7m 45s
Jul 2022
Two recession Indicators
So are we in a recession or not? The jury is still out, but there are some warning signs. GDP is down and inflation is up. But how much do we know about the 'indicators' that tell us how the economy is doing? Today, the stories of two of our most important indicators, the Consume ... Show More
20m 11s
May 2023
Consumer Debt Hits New High Ahead of Retail Earnings Reports 5/15/23
Consumers keep piling on the debt and now it’s at a new recovery level as the major retailers get set to report this week. How worried should investors be that the spending spigot is about to get turned off?  Fast Money Disclaimer  
44m 22s
Mar 2023
Stocks Manage Gains, But Banks Drop Again, and TikTok’s CEO Takes on Capitol Hill 3/23/23
Major indexes all closed well off their highs of the day, even as the rates market seemed to come to terms with the end of the Fed’s rate hike cycle. But which market has the real read on the outlook? Plus TikTok’s CEO making his appeal to not have the app banned in the U.S. What ... Show More
43m 59s
Feb 2023
Retailers are stocking more stuff, a good sign for the economy
The most recent issue of the Logistics Managers Index, an industry gauge of retail inventories, showed that sellers expanded their stocks in January. That suggests that consumer demand is remaining strong and that supply chains are sorting themselves out, all good signs for the e ... Show More
7m 56s
Nov 2022
Amid Rising Inflation and Slowing Growth, How is the U.S. Consumer Faring?
As the holiday shopping season kicks off — against a backdrop of high inflation and slowing economic growth — will consumers continue to remain a bright spot in the U.S. economy? In the latest episode of Exchanges at Goldman Sachs, Goldman Sachs Research’s David Mericle, chief U. ... Show More
22m 45s
Mar 2023
L’économie chinoise va-t-elle renouer avec sa fabuleuse croissance?
En Chine, l’activité industrielle est repartie sur les chapeaux de roue en février. L'économie chinoise semble se relever plus rapidement que prévu. Elle sort de trois ans d’isolement imposé au nom de la politique « zéro covid ». Ces bons chiffres de l'industrie sont bienvenus à ... Show More
3m 49s
Mar 2022
Special Episode: Inflation, Energy and the U.S Consumer
As inflation remains a focal point for the U.S. consumer, higher energy costs will dampen discretionary spending for some. But not all are impacted equally and there may be good news in this year’s tax refunds and the labor market. -----Transcript----- Ellen Zentner: Welcome to T ... Show More
8m 27s
Apr 2023
US economy slows in the first quarter of 2023
The US economy grew 1.1% in the year to March, down from 2.6% in the previous quarter. American consumers kept spending despite inflation, contributing to GDP expansion. But growth slowed down as businesses pulled back on investment and hiring. We hear from experts and businesses ... Show More
50m 23s