When I first arrived in this country, 40 years ago this summer, my strongest impression was that America was a land of optimists. European economists, politicians, commentators and consumers all saw the outlook as dark and troubled. However, Americans, facing equal challenges, seemed to see the glass as half full.
Jul 6
Consumer Sentiment and the Stock Market
Despite very average economic performance, consumer sentiment remains at extraordinarily low levels. While there are many interesting aspects to this phenomenon, one is of particular relevance to investors. As we show on page 32 of the Guide to the Markets, peaks and troughs in c ... Show More
12m 1s
Jun 22
The MOU and Warsh: A Changing Macro Landscape
Last week, as a frothy stock market continued to zigzag across a high plateau, two events occurred with significant implications for the macroeconomic outlook. First, the President signed a Memorandum of Understanding with Iran, potentially bringing the Iran war to a close. Secon ... Show More
10m 31s
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
Nov 2024
The Truth About the US Economy!
The US Economy has been booming in recent years and most Americans are doing better than they were a year ago, unemployment is lower, wages are growing, and inflation is declining. It’s not just the one percent either, the statistics show that Americans across ages and social cla ... Show More
19m 55s
Feb 2024
Global Outlook 2024 Podcast – A soft landing, with risks
<p>As we enter 2024, we’re seeing a story of divergence across key economies. While the US has been surprisingly resilient, confidence in China’s economy is under pressure from property-sector woes and concerns about the labour market. What are the implications for other markets? ... Show More
21m 47s