logo
episode-header-image
Jan 2024
7m 17s

What a difference a year makes

MARKETPLACE
About this episode

Expectations for 2023’s economy were rather sour — and what delivered blew predictions out of the water. But what are economists anticipating for the year ahead? Plenty of high hopes, including predictions of a rising S&P 500 index, falling inflation, lower interest rates and an economy that is slowing but resilient. And later: Could the state of the U.S. and China’s economies be a chance for thawing economic relations?

Up next
Apr 8
Uh oh, Pinot: How tariffs will impact the U.S. wine economy
Care for a glass of Chianti or Bordeaux after recent market volatility? It’ll cost ya. After a tense few weeks, President Donald Trump announced a 20% tariff on all EU goods, including wine. While you might think that U.S. producers would be cheering, domestic wineries and wine s ... Show More
8m 6s
Apr 8
Some calm has come back to financial markets
Overseas stock markets and U.S. stock index futures are showing an upward move in prices today, and volatility is down in sharp contrast to yesterday morning. Yesterday’s rollercoaster ride resulted from false information about a potential tariff pause. Some $2.5 trillion went in ... Show More
9m 28s
Apr 8
China’s not backing down in the tariff fight
From the BBC World Service: In a push toward a full-blown global trade war, China has reacted strongly to President Donald Trump’s threat to raise tariffs on its exports to more than 100%, saying it would “fight until the end.” Meanwhile, markets in Asia and Europe are more stabl ... Show More
8m 1s
Recommended Episodes
Aug 2024
What the Stock Market Panic Says About the Economy
Slow job growth in the U.S. and interest rate cuts in Japan triggered a global stock market sell off on Monday. WSJ’s Nick Timiraos breaks down how it happened, what it says about the economy, and what it means for the Federal Reserve’s long-term goal of a soft landing. Further L ... Show More
18m 9s
Apr 28
Should we be optimistic about the US economy? With Michael Strain
Almost a month since ‘liberation day’, the potential impacts of President Donald Trump’s tariff regime are starting to sink in. US hard data isn’t yet showing much negative impact from changes to US trade policy – but economists are gloomy on US growth prospects. The IMF last wee ... Show More
31m 2s
Mar 2025
The week begins on a risk-off note
US inflation concerns intensified, with the core PCE rising 2.8% year-on-year, fuelling fears of stagflation. Tariffs remain a significant concern, with the US poised to unveil new measures on Wednesday. The EU is bracing itself for a potential 20% tariff, and Goldman Sachs has i ... Show More
12m 22s
Aug 2021
US yields jump, gold dives ahead of US inflation!
Asian stock markets kicked off the week on a positive note, although the US indices had nothing more exciting than mixed performance after the announcement of strong jobs data on Friday. The US jobs data gave a small boost to the Dow and the S&P500 which closed Friday’s session 0 ... Show More
10m 42s
Apr 25
Tariffs Could Drag on Growth in Asia as Well as U.S.
Our U.S. and Asia economists Michael Gapen and Chetan Ahya discuss how tariff uncertainty is shaping their expectations for these economies over the second half of 2025. Read more insights from Morgan Stanley.  ----- Transcript ----- Michael Gapen: Welcome to Thoughts on the Mark ... Show More
11m 19s
Aug 2024
Michael Drury on China's Trillion Dollar Secret and Why The U.S. Is Not Headed Imminently Into A Recession
This interview with Michael Drury explores how China’s problems affect the global economy, its economic advantages, and where it spends its trillion-dollar surplus. We also discuss the US economy’s resilience, why Michael doesn’t see a recession, and much more.–Follow Jack Farley ... Show More
1h 17m
Nov 2023
Could a Housing Recession Take Down the U.S. Economy?
One year ago, it was a matter of conventional wisdom among experts that the U.S. was on the brink of a recession. They were wrong. The latest GDP report showed America’s real output growing at a 4.9 percent annualized rate. That's huge. But just as we zagged a year ago, when we c ... Show More
37m 1s
Dec 2023
Can we ever get good news?
In the last week, we’ve seen some solid labor and retail data. Unemployment is low, job availability is high and consumers are spending more than they did last year. But in an economy that’s hyperfocused on tamping down inflation, what’s good for workers might not be good for pri ... Show More
27m 19s
Jul 2
S&P 500 Hits Record on Vietnam Deal as Tech Climbs
Watch Bloomberg Businessweek Daily LIVE every day on YouTube: http://bit.ly/3vTiACF.A rally in several big techs fueled gains in stocks, with the market extending its advance as President Donald Trump said he reached a trade deal with Vietnam. Treasuries fell as a selloff in UK b ... Show More
45m 6s
Jul 2024
Here's Why China’s Economic Outlook Keeps Getting Worse
China's economy has been having a tough time. The latest growth figures show the slowest pace of expansion in more than a year. Consumer spending is weak and the property slump is ongoing. The official target of growing the economy by 5% a year is still within reach - thanks to a ... Show More
7m 1s