Podcasts about federal reserve chairman alan greenspan

Chuck Todd breaks down a seismic primary night in New York, where Mamdani-backed Democratic Socialist candidates swept their races — and argues the DSA may be on the verge of becoming the far-left equivalent of the Freedom Caucus, a small but disciplined faction capable of making the establishment's life genuinely miserable. The most stunning data point: Chuck argues Chuck Schumer likely couldn't win a Democratic primary anywhere in New York right now, that Dan Goldman lost his primary handily, and that while Schumer clearly shouldn't run again, politicians rarely walk away on their own. It was also a quietly bad night for Hakeem Jeffries, and Chuck raises the genuinely open question of whether Jeffries would even survive a primary challenge — and whether he still has a clear path to the speakership if Democrats take the House. The strategic lesson the left has internalized, Chuck argues, is that the smaller the Democratic majority, the more leverage a committed progressive bloc can apply, which means Democrats may have to govern in a fundamentally different way than their leadership wants. But Chuck repeatedly returns to the central tension: this brand of far-left politics plays beautifully in coastal cities but the socialist label simply doesn't travel well elsewhere, the rise of far-left politics has become uncomfortably intertwined with rising antisemitism, pro-Israel Democrats may soon find themselves politically homeless, and the real test will be whether progressives can win anywhere outside their urban strongholds. It all amounts, Chuck says, to a genuine fight for the heart and soul of the Democratic Party. He closes with a heartfelt remembrance of former Federal Reserve Chairman Alan Greenspan, who passed away at 100 — recalling a man who always grounded his opinions in data, and what a personal treat it was to have known him. Oklahoma City Mayor David Holt — the popular Republican who has won all three of his mayoral elections with at least 60% of the vote — joins the Chuck Toddcast to make an impassioned and deeply substantive case for pluralism as the foundation of the entire American experiment. Holt, who recently gave a notable speech on the subject, argues that the American system was fundamentally built on the acceptance of pluralism and the idea that compromise should produce something "good enough" rather than perfect for any single faction — and that the founders gave us a pretty good system specifically designed to channel disagreement away from political violence. The problem, Holt argues, is that the system is now actively making compromise harder. He points to closed partisan primaries as a central culprit: because he faces all voters rather than a narrow partisan base, he's incentivized to build consensus, but most candidates today are forced to pass bizarre litmus tests with base voters and campaign on culture-war messaging rather than the bread-and-butter issues people actually care about. The conversation broadens into the structural and cultural threats Holt sees to a pluralistic society. He argues this era has revealed the long-ignored flaws in American democracy — that we've all taken the system for granted — and makes the case that getting rid of closed partisan primaries, sometimes through ballot initiatives, is one of the most important reforms available, provided it's done in a way that doesn't simply flip parties or states for partisan advantage but instead empowers minority-party voters to act as genuine swing votes. Holt is sharp on education's role in all of this: he worries that the voucherization of schools and the explosion of private schools risk teaching kids in ideological monocultures, and laments the erosion of civics education over the past two decades, noting that public schools deliberately deemphasized social studies after No Child Left Behind. He and Chuck dig into whether pluralism can even be taught or whether it has to be lived in a genuinely diverse place, the difficulty of having a nuanced public conversation about AI data centers, and the housing crisis that Holt argues is not getting nearly enough attention from either the national media or Washington — closing with a concrete look at what a federal housing bill would actually mean for a fast-growing city like Oklahoma City. Finally, skip the reflecting pool… Chuck presents his ToddCast Top 5 list of his favorite Washington D.C. monuments & answers listeners’ questions in the Ask Chuck segment. Link in bio or go to https://getsoul.com & enter code TODDCAST for 30% off your first order. Protect your family with life insurance from Ethos. Get up to $3 million in coverage in as little as 10 minutes at https://ethos.com/chuck. Application times may vary. Rates may vary. Refresh your wardrobe with Quince. Go to https://Quince.com/chuck for free shipping on your order and 365-day returns. Take your personal data back with Incogni! Use code CHUCKTODDCAST at the link below and get 60% off an annual plan: https://incogni.com/chucktoddcast Timeline: (Timestamps may vary based on advertisements) 00:00 Chuck Todd’s introduction 04:00 Mamdani backed DSA candidates sweep in NY primaries 06:00 Democratic socialists could become the far left equivalent of Freedom Caucus? 06:45 Chuck Schumer likely couldn’t win any Democratic primary in New York 07:30 Dan Goldman lost his primary handily 09:45 Schumer shouldn’t run again, but politicians rarely walk away 10:30 It was a bad night for Hakeem Jeffries, would he survive a primary? 13:30 The left has learned that you can make life miserable for the establishment 15:00 The smaller the Dems majority, the more pressure the left can apply in Congress 15:45 Hakeem Jeffries may not have a clear path to the speakership 17:00 Democrats will have to govern differently if the majority is narrow 19:00 The far left politics play on the coasts, but can it win elsewhere? 21:45 The socialist label doesn’t travel well outside the left leaning cities 23:30 Far-left politics has become intertwined with rise of antisemitism 24:45 Pro-Israel Democrats could become politically homeless 25:45 Big test will be if progressive can win elsewhere 27:45 There’s a real fight for the heart and soul of the Democratic party29:00 Alan Greenspan passes away at the age of 100 30:30 Greenspan always grounded his opinions in data 33:15 It was a treat to know Alan Greenspan personally 41:45 Mayor David Holt joins the Chuck ToddCast 42:30 Was the city in mourning after the OKC Thunder lost? 44:15 Are San Antonio and OKC set to become rival cities? 46:15 The mayor gave a speech about the importance of pluralism 47:00 The American experiment is based on the acceptance of pluralism 47:45 Compromise should result in “good enough”, not perfect for anybody 49:15 The founders gave us a pretty good system to avoid political violence 51:30 Nowadays, the system is making compromise harder 52:15 OKC’s politics mirror the country, went 49-48 for Trump in ‘24 53:45 Won all three mayoral elections with at least 60% of the vote 54:30 Mayor faces all voters rather than closed partisan primaries 55:45 Electoral system needs to incentivize consensus building 57:30 Candidates used to campaign on their ability to work across the aisle 59:00 Messaging from gubernatorial candidates are not bread & butter issues 01:00:15 Candidates are forced to pass bizarre litmus tests with base voters 01:02:15 Can you teach pluralism, or do you have to live in a diverse place? 01:04:00 There are always opposing views that exist even in highly red/blue areas 01:06:15 This era has revealed the flaws/weaknesses of our democracy 01:07:15 We’ve all taken our system for granted 01:07:45 We have to get away from closed partisan primaries 01:09:45 How do you convince parties in power to open up primaries to more voters? 01:10:45 Some states can get rid of partisan primaries via ballot initiatives 01:12:30 The process shouldn’t flip parties or states 01:14:15 Voters in the minority should act as swing votes 01:16:30 Voucherization of schools can lead kids to learning in a monoculture 01:18:00 There’s been explosion in the creation of private schools 01:19:45 There’s been an erosion in civics education the past two decades 01:21:15 Public schools deemphasized social studies after No Child Left Behind 01:23:30 Can the electorate have a nuanced conversation around AI data centers? 01:25:15 Hard for elected officials to go against the NIMBY crowd 01:25:45 Politicians have to argue for the positive trade offs 01:27:00 Bringing in tech and investment used to be good politics, it’s not with data centers 01:27:30 Housing is the issue that’s not getting enough attention from media & DC 01:28:30 What would the housing bill do for you in OKC? 01:29:45 Chuck’s thoughts on the interview with Mayor David Holt 01:32:00 ToddCast Top 5 list 01:33:30 Top 5 historical attractions in Washington DC 01:35:45 Honorable Mention - Mount Vernon 01:37:15 #5 The World War I Memorial 01:38:45 #4 Albert Einstein Memorial 01:40:30 #3 Arlington National Cemetery 01:43:00 #2 Korean War Memorial 01:44:15 #1 Vietnam Veterans Memorial 01:47:15 Ask Chuck 01:47:30 Thoughts on the predictions Trump might not finish his term? 01:56:15 Do leaders rise due to the political moment, or do they make the history? 02:03:00 Does George W Bush’s “go shopping” mindset say something about boomers? 02:09:15 Where would you rank the Iran war amongst top presidential blunders? 02:18:45 Why can’t the country ever deal with long term crises in advance? 02:23:15 How do you manage to juggle your busy schedule? 02:27:15 Does Trump’s leadership style hurt the ability to make peace?See omnystudio.com/listener for privacy information.

Chuck Todd breaks down a seismic primary night in New York, where Mamdani-backed Democratic Socialist candidates swept their races — and argues the DSA may be on the verge of becoming the far-left equivalent of the Freedom Caucus, a small but disciplined faction capable of making the establishment's life genuinely miserable. The most stunning data point: Chuck argues Chuck Schumer likely couldn't win a Democratic primary anywhere in New York right now, that Dan Goldman lost his primary handily, and that while Schumer clearly shouldn't run again, politicians rarely walk away on their own. It was also a quietly bad night for Hakeem Jeffries, and Chuck raises the genuinely open question of whether Jeffries would even survive a primary challenge — and whether he still has a clear path to the speakership if Democrats take the House. The strategic lesson the left has internalized, Chuck argues, is that the smaller the Democratic majority, the more leverage a committed progressive bloc can apply, which means Democrats may have to govern in a fundamentally different way than their leadership wants. But Chuck repeatedly returns to the central tension: this brand of far-left politics plays beautifully in coastal cities but the socialist label simply doesn't travel well elsewhere, the rise of far-left politics has become uncomfortably intertwined with rising antisemitism, pro-Israel Democrats may soon find themselves politically homeless, and the real test will be whether progressives can win anywhere outside their urban strongholds. It all amounts, Chuck says, to a genuine fight for the heart and soul of the Democratic Party. He closes with a heartfelt remembrance of former Federal Reserve Chairman Alan Greenspan, who passed away at 100 — recalling a man who always grounded his opinions in data, and what a personal treat it was to have known him. Finally, skip the reflecting pool… Chuck presents his ToddCast Top 5 list of his favorite Washington D.C. monuments & answers listeners’ questions in the Ask Chuck segment. Link in bio or go to https://getsoul.com & enter code TODDCAST for 30% off your first order. Protect your family with life insurance from Ethos. Get up to $3 million in coverage in as little as 10 minutes at https://ethos.com/chuck. Application times may vary. Rates may vary. Refresh your wardrobe with Quince. Go to https://Quince.com/chuck for free shipping on your order and 365-day returns. Take your personal data back with Incogni! Use code CHUCKTODDCAST at the link below and get 60% off an annual plan: https://incogni.com/chucktoddcast Timeline: (Timestamps may vary based on advertisements) 00:00 Chuck Todd’s introduction 04:00 Mamdani backed DSA candidates sweep in NY primaries 06:00 Democratic socialists could become the far left equivalent of Freedom Caucus? 06:45 Chuck Schumer likely couldn’t win any Democratic primary in New York 07:30 Dan Goldman lost his primary handily 09:45 Schumer shouldn’t run again, but politicians rarely walk away 10:30 It was a bad night for Hakeem Jeffries, would he survive a primary? 13:30 The left has learned that you can make life miserable for the establishment 15:00 The smaller the Dems majority, the more pressure the left can apply in Congress 15:45 Hakeem Jeffries may not have a clear path to the speakership 17:00 Democrats will have to govern differently if the majority is narrow 19:00 The far left politics play on the coasts, but can it win elsewhere? 21:45 The socialist label doesn’t travel well outside the left leaning cities 23:30 Far-left politics has become intertwined with rise of antisemitism 24:45 Pro-Israel Democrats could become politically homeless 25:45 Big test will be if progressive can win elsewhere 27:45 There’s a real fight for the heart and soul of the Democratic party29:00 Alan Greenspan passes away at the age of 100 30:30 Greenspan always grounded his opinions in data 33:15 It was a treat to know Alan Greenspan personally 38:15 Chuck’s thoughts on the interview with Mayor David Holt 40:30 ToddCast Top 5 list 42:00 Top 5 historical attractions in Washington DC 44:15 Honorable Mention - Mount Vernon 45:45 #5 The World War I Memorial 47:15 #4 Albert Einstein Memorial 49:00 #3 Arlington National Cemetery 51:30 #2 Korean War Memorial 52:45 #1 Vietnam Veterans Memorial 55:45 Ask Chuck 56:00 Thoughts on the predictions Trump might not finish his term? 01:04:45 Do leaders rise due to the political moment, or do they make the history? 01:11:30 Does George W Bush’s “go shopping” mindset say something about boomers? 01:17:45 Where would you rank the Iran war amongst top presidential blunders? 01:27:15 Why can’t the country ever deal with long term crises in advance? 01:31:45 How do you manage to juggle your busy schedule? 01:35:45 Does Trump’s leadership style hurt the ability to make peace?See omnystudio.com/listener for privacy information.

Day Break | FAUCI FILES, IRAN DEAL, AND THE TRUMP EFFECT --- 00:00 - Monologue 19:14 – Brian Pannebecker, veteran auto worker, founder of Auto Workers for Trump, and author of Blue Collar Conservative: From Reagan to Trump. Pannebecker discusses the political realignment of many working-class and union voters, sharing his perspective on how auto workers helped reshape American politics and why many blue-collar voters shifted from traditional Democratic support toward the Republican Party. 28:16 – Nick Hopwood, Certified Financial Planner and Founder of Peak Wealth Management. Hopwood discusses the passing of former Federal Reserve Chairman Alan Greenspan, recent market volatility driven by weakness in Asian technology stocks, and expectations for future interest rate policy. He also encourages listeners to conduct a mid-year financial review, including portfolio performance, retirement projections, tax-advantaged contributions, beneficiary updates, and cash-flow planning. 38:30 - Monologue 47:30 – James Taylor, President of The Heartland Institute. Taylor discusses efforts by the Trump administration to repeal the EPA's Endangerment Finding and argues that bureaucratic and regulatory challenges continue to complicate implementation of proposed environmental policy changes. 57:44 – Jack Tomczak, Vice President of Outreach for Americans for Citizen Voting. Tomczak discusses a proposal in Los Angeles that would allow noncitizens to vote in certain local elections, the public response to the proposal, and broader debates surrounding election law, citizenship requirements, and voting rights. 1:06:40 – Johanna Neuman, former Los Angeles Times and USA Today White House correspondent and author of Trump's Superpower: A Historical Novel About the Founding Fathers & One Founding Mother. Neuman discusses Hillary Clinton's continued role in public discourse, political divisions in America, and the ongoing debate surrounding the legacy of the 2016 and 2024 elections. 1:16:55 - Monologue 1:25:50 – Ryan Duffy, member of the Enbridge Communications Team. Duffy provides an update on the Line 5 tunnel project, explaining how water from Lake Michigan would be used during construction, what environmental safeguards are in place, the status of state permitting processes, and opportunities for the public to learn more about the project during community events in St. Ignace. 1:33:55 – Katie Heid, News Director for Michigan News Source. Heid delivers the Michigan Rundown, highlighting major state news stories, political developments, and breaking headlines affecting communities across Michigan. 1:44:50 – Ivey Gruber, President of the Michigan Talk Network. Gruber discusses an upcoming song being released in honor of America's 250th anniversary and reflects on patriotism and national heritage. The conversation also touches on a controversial MLB play in which a fan reached into the field of play and took a ball from a catcher's glove, sparking debate among baseball fans. --- Check out our brand new podcast, 'Forgotten America'... Episode 20 is live NOW at Steve Gruber on YouTube! Link below: https://youtu.be/rsjeaCh_UBA

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Iran said $12 billion of its frozen funds were set to be released as part of ongoing talks with the US, with the two sides broadly signaling progress in negotiations to formally end their war. The unfreezing of funds — as well as the US waiving sanctions on Iranian oil exports and pledging to help set up a $300 billion rehabilitation fund for Iran — has provoked criticism of President Trump. The US and Iran have agreed to set up technical working groups to deal with issues such as unwinding sanctions on the Islamic Republic and curbing its enrichment of uranium.2) Keir Starmer resigned as UK prime minister after two years in office, and the UK could be set for a quick transition to a new premiership as rivals t o frontrunner Andy Burnham stand aside. Burnham was sworn in as an MP, with the former mayor of Manchester positioned to become Labour’s next leader. The coming switch means the UK will soon have its seventh prime minister in the 10 years since the Brexit vote. Burnham could potentially become prime minister by July 17 if he faces no challengers3) Tributes to former Federal Reserve Chairman Alan Greenspan poured in after the news of his death early Monday, with many describing him as a driving force for change at the Fed and a guiding light for investors. Greenspan's former colleagues credit him for ensuring the central bank remained focused on inflation, spotting the impact of a productivity boom in the 1990s and shaking up how the Fed communicates. Greenspan's legacy is clouded by the 2008-09 global financial crisis, with critics saying he missed the build-up of a housing bubble that ultimately caused the worst economic downturn since the Great Depression.See omnystudio.com/listener for privacy information.

Josh opens the show with the latest developments surrounding the proposed U.S.-Iran deal, breaking down the MOU everyone keeps talking about and the high-stakes summit taking place in Switzerland. As details remain scarce, Josh asks the key question: what exactly is being negotiated, and why is the public still being kept in the dark? He then turns to the breaking political earthquake in the United Kingdom as reports emerge that Keir Starmer is stepping down, examining the broader political realignment taking place across Britain and what it could mean for the future of the U.S.-UK relationship. Finally, Josh reflects on the passing of former Federal Reserve Chairman Alan Greenspan, looking back on his legacy, the lessons from his decades of influence over the American economy, and what his tenure reveals. See omnystudio.com/listener for privacy information.

Many investors are wondering whether the market is getting ahead of itself, especially when it comes to artificial intelligence and technology stocks. But perhaps the better question is not, “Are we in a bubble?” The better question may be, “How should we respond if we are?” That was the focus of today's conversation with Mark Biller, Executive Editor and Senior Portfolio Manager at Sound Mind Investing. With AI continuing to drive market enthusiasm, many investors are feeling both excitement and concern. The challenge is learning how to respond with wisdom rather than fear. Why Investors Are Concerned About AI and Tech The AI story has been driving markets for several years. One clear example is the tech-heavy Nasdaq, which has risen sharply since the end of the 2022 bear market. More recently, many companies have reported rapid profit growth and have credited AI as a key factor. That has encouraged investors because it shows AI is not merely hype. Companies across many industries are beginning to see real benefits from AI tools, including improved efficiency and increased profitability. At the same time, the demand for AI computing power has caused certain sectors—especially semiconductor stocks—to soar. When any part of the market begins rising almost straight up, investors naturally become nervous. It brings to mind previous market manias that ended in painful declines. Is This Really a Bubble? Calling a bubble in real time is extremely difficult. Even when someone identifies one correctly, acting on that information too early can be costly. Mark pointed to the late 1990s internet bubble as an example. Many investors suspected that Internet stocks were overheated long before the bubble actually burst. Federal Reserve Chairman Alan Greenspan famously warned about “irrational exuberance,” but that warning came more than three years before the market peak. Investors who sold immediately missed significant gains before the downturn finally arrived. That illustrates an important point: even if a bubble is forming, that does not tell investors exactly what to do or when to do it. Markets are forward-looking. Investors are pricing companies not only on current earnings but also on what they believe those companies may earn in the future. If expectations rise dramatically, stock prices often rise with them. So it is possible that some parts of the market, such as semiconductor stocks, may be showing bubble-like characteristics while the broader market does not look as overheated. But the practical question remains: how should investors respond? Avoid Fear-Based Market Timing Most investors would love to avoid downturns without missing the upside. But in practice, that kind of market timing is extremely difficult. Investors often make one of two mistakes. Some sell too early and miss major gains. Others wait too long and sell only after stocks have already fallen, and fear has taken over. That is why a disciplined plan matters. Instead of trying to predict the exact top of the market, wise investors focus on staying invested while managing risk thoughtfully. Historically, some of the market's strongest gains occur late in bull markets. That does not mean investors should ignore risk, but it does mean that fear-based decisions can be costly. Diversification Still Matters One of the most practical ways to manage risk is through diversification. A well-balanced portfolio helps reduce the risk of becoming overly exposed to a single hot sector. Mark offered a helpful way to think about it: if everything you own is rising at the same time, or if nothing you own is rising, you may not be truly diversified. But if some holdings are doing very well while others seem to be lagging, that may actually be a sign that your portfolio is properly balanced. Diversification can feel frustrating when one part of the market is racing ahead. But its purpose is not to maximize every short-term gain. Its purpose is to help investors remain steady through a variety of market environments. Rebalancing Is a Disciplined Way to Manage Risk Another practical tool is rebalancing. When one part of a portfolio has grown significantly, rebalancing allows investors to shift some gains out of fast-rising assets and back into areas that have not run up as much. This helps manage risk without requiring investors to predict the future. Rebalancing also has an emotional benefit. It gives investors a clear process to follow. Instead of asking, “Should I sell everything?” they can simply make measured adjustments in line with their plan. That kind of discipline can help investors avoid impulsive decisions driven by fear or excitement. Keep Reasonable Expectations Investors also need realistic expectations. Markets do not move up in a straight line forever. If you stay invested in strong-performing sectors, there is a good chance you will eventually give back some gains when leadership changes or when a bear market arrives. That is part of investing. The goal is not to avoid every decline. The goal is to participate in the market's long-term growth while managing risk wisely along the way. Even defensive investing comes with trade-offs. Playing defense too aggressively—or too early—can lead to false alarms and missed returns. Staying invested longer may bring more growth, but it also means enduring discomfort when markets pull back. There is no perfect way to avoid every downside while capturing every gain. Know Your Temperament Successful investing is not only about knowledge. It is also about behavior. Investors who tend to do well over time are often those who can remain patient, diversified, disciplined, and emotionally steady in both strong and difficult markets. That is especially important when headlines are filled with bubble talk. Fear can push investors to sell too soon. Excitement can push them to chase what has already risen. Neither is a wise foundation for financial decision-making. A Wise Response to Market Uncertainty When markets look overheated, investors do not have to ignore the risks. But they also do not have to be ruled by them. A wise response begins with a disciplined, diversified, long-term plan. Rebalance periodically. Keep expectations realistic. Understand your own temperament. And avoid making major decisions based on fear, excitement, or the latest market chatter. Markets can stay hot longer than many people expect, and guessing the exact turning point usually creates more problems than it solves. But a thoughtful strategy can help investors respond with wisdom rather than react emotionally. For more on this topic, you can read Mark Biller's article, “How to Handle a Bubble,” at SoundMindInvesting.org. Sound Mind Investing has been helping Christians make biblically informed investing decisions for more than 30 years, offering practical guidance for investors who want to approach the markets with wisdom, discipline, and a long-term perspective. On Today's Program, Rob Answers Listener Questions: I have some very old debts that have been removed from my credit report. I want to handle them ethically and with integrity. Should I try to negotiate reduced settlements with creditors, or should I aim to repay the full amount I originally owed? I have a whole life insurance policy I no longer need because I already have adequate coverage. With a child heading to college in about a year and a half, is there a tax-wise way to use the policy's cash value for college savings? Resources Mentioned: Faithful Steward: FaithFi's Quarterly Magazine (Become a FaithFi Partner) Sound Mind Investing (SMI) | SMI Private Client How to Handle a Bubble by Mark Biller (Article on SoundMindInvesting.org) Our Ultimate Treasure: A 21-Day Journey to Faithful Stewardship by Rob West Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money Look At The Sparrows: A 21-Day Devotional on Financial Fear and Anxiety Rich Toward God: A Study on the Parable of the Rich Fool Find a Certified Kingdom Advisor® (CKA) FaithFi App Remember, you can call in to ask your questions every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God's resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Inflation has risen exponentially over the past several years - but is it a sudden occurrence, or is it the result of years of government mismanagement? David Stockman is an experienced equity investor, author, congressman, and member of the Reagan White House who is very knowledgeable about inflation and its effects. He discusses why inflation has been “lurking below the surface for a long time” and how the Federal Reserve is the most powerful entity in the nation, with the power to control the economy and, therefore, the world. He also breaks down what the “inflection point” of former Federal Reserve Chairman Alan Greenspan's approach to assuaging an economic meltdown during his time in office. TAKEAWAYS You can't have money growing at nine times the rate at which the economy is growing Biden is simply the final stage of the symptom of rampant inflation that is rooted in the Federal Reserve The job of the central banking system was originally to keep the value of money constant, steady, and stable You do not need inflation to maintain prosperity in the American economy

In a rare moment of candor, the then-Federal Reserve Chairman Alan Greenspan gave us an insight into what he feels are optimum conditions for workers. The so-called “healthy” economy that he presided over owed its success to what he called “growing worker insecurity.” Workers with precarious existences are not going to make demands, and this compromised position, coupled with diminishing wages, is the cornerstone to the global gig economy. This week Ross Ashcroft is joined by documentary filmmaker Shannon Walsh to discuss her new film – The Gig Is Up.

The global economy was completely changed in 2020 thanks to Covid-19. This is going to have long lasting effects, both in terms of what sectors are going to thrive and what countries are going to thrive. Adrian Wooldridge, editor, columnist, and political correspondent for The Economist, joins Adam and Naresh to discuss how the economy has been disrupted, what it's shown us about our society, how we can create an environment where our government can actually function despite our polarization, and more. Andrew is author of the New York Times' bestselling books The Fourth Revolution: The Global Race to Reinvent the State, Capitalism in America: An Economic History of the United States (with Federal Reserve Chairman Alan Greenspan), and the new book The Wake-Up Call: Why the Pandemic Has Exposed the Weakness of the West, and How to Fix it. Website: www.TheEconomist.com Featured Photo by Jack Cohen on Unsplash www.WorkFromHomeShow.com

In today's top payments news, former U.S. Federal Reserve Chairman Alan Greenspan said central banks have no reason to issue digital currency.

It will not be long before the spread of negative interest rates reaches the U.S., former Federal Reserve Chairman Alan Greenspan said. Watch the full episode on the RTD website here: https://www.rethinkingthedollar.com/negative-rates-are-coming-to-the-usa-says-alan-greenspan/

Back in 2005, Federal Reserve Chairman Alan Greenspan described the dramatic increases in residential real estate values as a “froth in housing markets.” Greenspan went on to say: “The increase in the prevalence of interest-only loans and the introduction of more-exotic forms of adjustable-rate mortgages are developments of particular concern…some households may be employing these instruments to purchase homes that would otherwise be unaffordable, and consequently their use could be adding to pressures in the housing market.” Greenspan was warning …

Subscribe to our channel for important financial market updates now! http://bit.ly/2t1HKOj Last week former Federal Reserve Chairman Alan Greenspan, a.k.a. “The Maestro” warned of a massive bubble in the bond market. Makes you wonder if we are nearing the point where the insanity ends, when even a former Federal Reserve Chairman is acknowledging that years of 0% interest rates have set the dollar up for a day of reckoning. Greenspan is a curious figure in financial history to be sure. Back in the 1960's he was close with Libertarian author Ayn Rand, based on their shared belief in a gold standard. Oddly the Maestro completely changed his tune (sorry…. couldn't resist that one….pretty punny, right?) during his tenure as Fed Chairman, when Greenspan's own low interest rate policy was the primary driver of the last credit fueled housing bubble. Now following 8 years of low interest rates under Ben Bernanke and Janet Yellin, Greenspan had the following comments. The current level of interest rates is abnormally low and there's only one direction in which they can go, and when they start they will be rather rapid. I have a chart which goes back to the 1800s and I can tell you that this particular period sticks out. But you have no way of knowing in advance when it will actually trigger. "It looks stronger just before it isn't stronger," he said. Anyone who thinks they can forecast when the bubble will break is "in for a disastrous" experience.” https://finance.yahoo.com/news/greenspan-bond-bubble-break-because-120711596.html Why Greenspan is out making these comments now, or why he couldn't see this when he was the Federal Reserve chair is anyone's guess. Despite that, he is most certainly right about what he's saying. The bond market has become the biggest bubble in history, and I do not believe that the Fed has an exit plan. If they do, there are a lot of market participants who would sure like to know what it is. - For more help understanding the markets or to talk with Chris visit: http://arcadiaeconomics.com/ - Subscribe to Arcadia Economics Youtube Channel: http://bit.ly/2t1HKOjSubscribe to Arcadia Economics on Soundwise

Tom Keene and David Gura talk to former the Federal Reserve Chairman Alan Greenspan, who says that Fed forecasts are no better than those of a good economist. Prior to that, RBC Capital Markets' Jonathan Golub says fiscal policy attempts to move something that is unmovable while Carl Weinberg, High Frequency Economics' chief economist, says the Fed is tightening in December no matter who wins the election. Then, James Stavridis, dean of The Fletcher School at Tufts University, says if Hillary Clinton wins, she will unlikely be different from President Obama. Finally, Dan Clifton, Strategas Research Partners' head of policy research, says Hillary Clinton has suggested she's going to try to be bipartisan early on in the administration if she wins. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Tom Keene and David Gura talk to former the Federal Reserve Chairman Alan Greenspan, who says that Fed forecasts are no better than those of a good economist. Prior to that, RBC Capital Markets' Jonathan Golub says fiscal policy attempts to move something that is unmovable while Carl Weinberg, High Frequency Economics' chief economist, says the Fed is tightening in December no matter who wins the election. Then, James Stavridis, dean of The Fletcher School at Tufts University, says if Hillary Clinton wins, she will unlikely be different from President Obama. Finally, Dan Clifton, Strategas Research Partners' head of policy research, says Hillary Clinton has suggested she's going to try to be bipartisan early on in the administration if she wins.

Federal Reserve Chairman Alan Greenspan spoke to graduates in 1999 on the value of personal character and education to the national economy.

The International Council of Shopping Centers-UBS Retail Chain Store Sales Index increased by 1.0% in the week ended November 3rd. On the year, chain store sales were up 2.4%.Former U.S. Federal Reserve Chairman Alan Greenspan said that cutting excess home inventories in the United States is the key to stabilizing the financial system at home and the rest of the world. Greenspan urged central banks to avoid suppressing asset bubbles, which is "exceptionally difficult" to do.Hovnanian Enterprises Inc. (HOV) said it delivered almost 4,000 homes during its fiscal fourth quarter, down 19 percent from last year, while net contracts fell 10 percent. Beazer Homes (BZH) said it's planning to take a $230 million fourth-quarter non-cash pre-tax charge to abandon land option contracts. It's already cut 650 positions, or 25% of its workforce, and stopped its 10-cents a share dividend.Ford Motor Co. (F) workers are expected to vote this week on a landmark tentative contract with the United Auto Workers that should help the ailing automaker by lowering wages for thousands of new workers and moving Ford's retiree health care obligations to a union-run trust.Exxon Mobil (XOM) sees alternative sources of energy rapidly expanding their share of the market, even if they require a big push in the form of government subsidies and legislation. In Forex News TodayThe dollar struck fresh all-time lows against the euro and a basket of major currencies in early European trade as the market retained its negative assessment of the U.S. economy. Strong U.S. economic last week data failed to put a floor under the dollar's broad slide against the single currency and persistent fears about credit risks also continued to hurt the U.S. Dollar.The euro has been helped by sentiment that the European Central Bank, which meets Thursday, has yet to finish a gradual campaign of rate increases, while the British pound has benefited from expectations that the Bank of England will leave rates untouched rather than follow the Fed in cutting the cost of borrowing.A higher euro also makes vacations in Europe more expensive for U.S. travelers and can make European companies choose between raising prices or cutting profitability on goods sold in the U.S. With the holiday season approaching, it may also attract more Europeans to make shopping trips to the U.S., where their currency buys more.The Japanese yen slipped broadly as gains in stock markets pointed to a pick-up in risk appetite and encouraged investors to re-enter risky carry trade bets funded by cheap borrowing in the Japanese currency. The Australian dollar rose ahead of the Reserve Bank of Australia's interest rate decision expected on Wednesday.Scheduled Economic Reports (Wednesday)Productivity (Q3), Wholesale Inventories (Sept), Consumer Credit (Sept)In Earnings NewsNortel Networks Corp. (NT) said it had a profit in the third quarter that totaled $27 million, or 5 cents per share. Analysts were expecting 11 cents. Church & Dwight?s (CHD) third-quarter net income rose 34% to $51.7 million, or 75 cents a share. On average, analysts expected earnings of 58 cents a share. Tenet Healthcare Corp. (THC) reported a loss that narrowed to $59 million, or 12 cents per share. Analysts forecast a loss of 7 cents per share.Scheduled Earnings Reports (Wednesday)General Motors, DirecTV, Time Warner, Frontier Oil, News Corp, Sara Lee, Harrah?s Entertainment, Orient-Express Hotels, Salem Communications, ValeroStocks in the NewsMolson Coors (TAP) reported higher costs and lower volume cut into the bottom line in the third quarter, as the brewer reported that its profit dipped slightly on the period.Sun Microsystems (JAVA) returned to a profit that matched Wall Street forecasts, but revenue fell a bit short of estimates.IndyMac Bancorp (IMB), parent of IndyMac Bank and a major mortgage lender, swung to a third-quarter net loss from a year-earlier profit.