logo
episode-header-image
Mar 2024
11m 1s

Americans are opting to stay put

MARKETPLACE
About this episode

Americans have long been known for pulling up stakes and moving for economic opportunity. But rather than chasing higher-paying jobs, more Americans are reluctant to move — and housing costs have something to do with it. Plus, there’s plenty of economic data on the table to discuss: Wholesale inflation came in warm but not hot, retail sales rebounded, and unemployment has stayed under 4% for 25 months now.

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
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
Three Reasons the U.S. Consumer Outlook Remains Strong
Despite a likely softening of the labor market, U.S. consumer spending should remain healthy for 2024. ----- Transcript ----- Welcome to Thoughts on the Market. I’m Sarah Wolfe from the US Economics Team. Along with my colleagues bringing you a variety of perspectives; today I’ll ... Show More
2m 48s
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
Apr 30
Some of America's Most Important Economic Data Is Decaying
Gathering official economic data is a huge process in the best of times. But a bunch of different things have now combined to make that process even harder. People aren't responding to surveys like they used to. Survey responses have also become a lot more divided along political ... Show More
47m 23s
Aug 2024
This Was the Point of NO return (CPI Breakdown)
This was supposed to be all about "inflation" and instead everything is coming up jobs - including the latest CPI report. From Home Depot's most recent admission to now US refiners taking drastic steps to avoid getting caught with an energy glut (yep, that's right), the entire ec ... Show More
17m 43s
Feb 2024
Roses are red, violets are blue, you may not reach 2% this year too. | MarketTalk: What’s up today? | Swissquote
The market has been very quick in swallowing and digesting this Tuesday’s less than ideal inflation data from the US. Yields and the USD retreated, stocks rebounded. Tech led the rally. But the rate cut expectations are being scaled back in the US, and a further appreciation in t ... Show More
10m 28s
Apr 2023
Morgan Stanley Braces for a Soft Landing
Runaway inflation. Surging interest rates. Bank failures. For a while it seemed like all of these issues would combine to trigger a US recession. Not so fast, says Morgan Stanley’s Seth Carpenter, the bank’s global chief economist. He joined the What Goes Up podcast to explain wh ... Show More
30m 51s
Apr 2024
What Does 3.5% Inflation Really Mean?
On today’s show we are taking a look at the Macro economy. The bureau of Labor and Statistics published the latest CPI data which came in a bit hotter than expected. This is implying that the Fed will need to keep interest rates higher for longer to combat inflation. The Fed keep ... Show More
6m 38s
Oct 2024
Des records, encore des records !
Il y a deux jobs à éviter aujourd'hui. Ministre des finances français et investisseurs baissier sur les indices américains. Un peu la routine, en somme. Hier, les minutes de la dernière réunion de la Fed n'ont pas apporté beaucoup d'enseignements. Elles n'ont en tout cas pas empê ... Show More
8m 42s
Aug 2024
The Slowdown Scenario
We live at a time when extreme voices get the most attention and so it is tempting, following a string of weak economic numbers, to yell the word “recession”. However, a balanced assessment of demand and supply suggests that we are, thus far, merely transitioning to slower growth ... Show More
10m 53s