Podcasts about ny fed

That super gross Kid Rock RFK workout video. State of the Union next Tuesday and the Democrats are planning a boycott. Eff you, Susan Collins for planning to vote for the SAVE Act. Voter fraud doesn't exist! The alleged sex criminal formerly known as Prince Andrew was arrested. Kevin Hassett threatens to discipline NY Fed staffers who told the truth about tariffs. Despite Donald's tariffs, the trade deficit hit a record high last year. The new U2 protest song. Donald considering war against Iran. Again. Study shows X algorithms make users more conservative. With Jody Hamilton, David Ferguson, music by Feed Your Wolves, Powder Pink and Sweet, and more! Brought to you by Russ Rybicki, SharePower Responsible Investing. Support our new sponsor and get free shipping at Quince.com/bob ! Sign up for Buzz Burbank's Substack.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week: Alphabet announced a rare 100-year bond issuance. Felix Salmon, Elizabeth Spiers, and Emily Peck, explain the calculation the tech giant is making here and how the market responded to the move. Then, an analysis from the NY Fed has concluded that most of the burden of Trump's tariff hikes is on US households and the hosts debate the possible pros – and obvious cons – of this sneaky tax hike. And then, Felix goes deep on one of his favorite topics: why knockoffs aren't so bad. In the Slate Plus episode: What's up with the new Ferrari design? Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Hosted on Acast. See acast.com/privacy for more information.

This week: Alphabet announced a rare 100-year bond issuance. Felix Salmon, Elizabeth Spiers, and Emily Peck, explain the calculation the tech giant is making here and how the market responded to the move. Then, an analysis from the NY Fed has concluded that most of the burden of Trump's tariff hikes is on US households and the hosts debate the possible pros – and obvious cons – of this sneaky tax hike. And then, Felix goes deep on one of his favorite topics: why knockoffs aren't so bad. In the Slate Plus episode: What's up with the new Ferrari design? Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Hosted on Acast. See acast.com/privacy for more information.

This week: Alphabet announced a rare 100-year bond issuance. Felix Salmon, Elizabeth Spiers, and Emily Peck, explain the calculation the tech giant is making here and how the market responded to the move. Then, an analysis from the NY Fed has concluded that most of the burden of Trump's tariff hikes is on US households and the hosts debate the possible pros – and obvious cons – of this sneaky tax hike. And then, Felix goes deep on one of his favorite topics: why knockoffs aren't so bad. In the Slate Plus episode: What's up with the new Ferrari design? Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Hosted on Acast. See acast.com/privacy for more information.

Breaking this hour: The New York Fed publishing its most recent report, showing the nation's household debt jumped in Q4 to $191B. Student loans playing a large part of the equation. Then the CEO of Hasbro joins the show with his first interview post-earnings, the stock doubling over the past two years. And a look at the tale of two AI markets. Why U.S. and Chinese markets have been having very different reactions to the latest AI advancements. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Epstein, Høiby, Mette-Marit og Jagland - snakker vi ikke om i Finansredaksjonen, men Kevin Warsh derimot, han er ukens mann for oss.I podkasten Finansredaksjonen denne uken snakker vi om Trumps lansering av Kevin Warsh som ny Fed-sjef etter Jerome Powell. Spekulasjonene går høyt i markedene om Warsh er hauk eller due i rentesettingen, og hvor misfornøyd Trump kan bli med han, dersom han ikke setter ned renten. Warsh kan tolkes i retning av å mene at økonomien tåler lavere rente, fordi effekten av økt bruk av AI vil øke produktiviteten i den amerikanske økonomien. Andre er helt uenig i at produktiviteten vil øke så raskt. Markedene oppførte seg litt ko-ko rundt utnevnelsen av Warsh, men var det på grunn av han? Kanskje, sier børskommentator Thor Christian Jensen. Neppe, mener finansredaktør Terje Erikstad. ¨ Hosted on Acast. See acast.com/privacy for more information.

Februar 2026 starter i et forrykende tempo, og markedet preges av ekstrem volatilitet i både gull og sølv. I denne episoden ser Anders Johansen og Eirik Torsnes Kveldro nærmere på Trumps nominasjon av Kevin Warsh som ny Fed-sjef - en mann med sterke bånd til både finanseliten og Trump-familien.De tar også en runde på det geopolitiske kartet, fra handelsavtaler mellom Europa og India til den spente situasjonen i Iran og energikampen om gass. Avslutningsvis diskuterer de det siste innen kunstig intelligens: lanseringen av "MoltBot/OpenClaw" - et sosialt nettverk for AI-agenter, hvor de allerede har utviklet egne personligheter, religioner og teorier om menneskelig undertrykkelse.Disclaimer: Podcasten er et markedsføringsmateriale fra Danske Bank. Uttalelsene i podcasten er ikke å regne som investeringsrådgivning eller en anbefaling til å investere, og uttalelsene er ikke et tilbud eller en oppfordring til å kjøpe eller selge et finansielt instrument. Vær alltid oppmerksom på at historisk avkastning ikke er en pålitelig indikator for fremtidig utvikling eller avkastning på en investering. Søk råd hos profesjonelle rådgivere omkring juridiske, skattemessige, finansielle eller andre forhold knyttet før du foretar en investering.

I denne uges Aktieuniverset ser vi på ugens markeds-smackdown og snakken om en ny FED-chair, hvor produktionsøkonomi og den nye amerikanske økonomi nok kommer i fokus. Ugens tema dykker ned i Jim Simons og den legendariske Medallion-fond, og hvad der gjorde den så ekstraordinær. Derudover gennemgår vi regnskaber fra bl.a. Apple, Tesla og Microsoft. Alt dette og meget mere!  Denne episode er sponsoreret af investeringsfonden NewDeal Invest's nye akkumulerende fond PMINDIAKK. Den er også blevet børsnoteret nu, så du kan nu finde den på din danske handelsplatform under PMINDIAKK. Den er akkumulerende, så den udbetaler ikke udbytte, og den kan bruges i en virksomhedsskatteordning.NewDeal Invest: ⁠newdealinvest.dk⁠ Denne episode er sponsoreret af Saxo Bank. Åbn din konto på Home.saxo og læs mere om fordelene. Denne episode er sponsoreret af Nlogic. Få skræddersyet din cybersecurity. Læs mere på Nlogic.dk. Denne episode er sponsoreret af Finobo. Få et gratis økonomitjek hos specialisterne i låneoptimering ved at bruge linket:finobo.dk/gratis-oekonomitjek-aktieuniverset/Prøv den nye omlægningsberegner på Finobo.dk/beregner-omlaegningsberegner/?utm_source=aktieuniverset  Tjek os ud på:FB gruppe: ⁠facebook.com/groups/1023197861808843⁠X: ⁠x.com/aktieuniverset⁠IG: ⁠instagram.com/aktieuniversetpodcast⁠ DISCLAIMER:Aktieuniverset indeholder markedsføring af investeringsforeningen Portfoliomanager NewDeal Invest, kl n (PMINDI), som Mads Christiansen er investeringsrådgiver for. Podcasten kan ligeledes referere til andre fonde.Indholdet i podcasten udtrykker alene værternes og gæsters egne holdninger, refleksioner og analyser, og skal ikke opfattes som en personlig anbefaling af bestemte værdipapirer eller strategier. Podcasten skal ikke anses som investeringsrådgivning, da den enkelte lytters finansielle situation, nuværende aktiver eller passiver, investeringskendskab og -erfaring, investeringsformål, investeringshorisont, risikoprofil eller præferencer ikke kan inddrages. Det afhænger af den enkelte investors personlige forhold og målsætning, om en bestemt investering eller investeringsstrategi er hensigtsmæssig, og vi anbefaler, at man rådfører sig med sin investeringsrådgiver, inden en eventuel beslutning om investering tages.PMINDI kan findes via Nordnet (https://www.nordnet.dk/markedet/investeringsforeninger-liste/18148998-portfolio-manager-new-deal-invest), Saxo Bank (https://www.saxoinvestor.dk/investor/page/product/Fund/38109485) eller ved at søge på ”DK0062499810” i din egen netbank.PMINDI er kun egnet for investorer med høj risikovillighed og en investeringshorisont på mindst 5 år. Alt investering medfører risiko, herunder potentielt tab af kapital. Historisk afkast er ikke en indikator for fremtidigt afkast, der kan afvige meget eller være negativt.Læs PRIIP KID for PMINDI for fulde risikoscenarier: https://fundmarket.dk/newdeal-invest-kl-n/. Overvej risici og fordele nøje før investering.Læs mere om risici her: https://newdealinvest.dk/risici/ og generelt om investeringsforeningen på www.newdealinvest.dk.Vil du have en månedlig oversigt over alle positionerne i PMINDI? Så skriv dig op til nyhedsbrevet her:https://newdealinvest.dk/nyhedsbrev/. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Morgonens nyheter den 30 januari med Andreas Johansson

Kia ora,Welcome to Thursday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.Today we start with news the fall of the USD is driving some renewed realignments.To start we should note that gold has surpassed US Treasuries as the world's largest reserve asset globally for the first time in 30 years driven primarily by sharply rising prices, and some aggressive buying by some (mainly autocrat) central banks.Elsewhere in the real economy, the private US ADP employment report for December rose by +41,000 jobs following a revised -29,000 retreat in November. The December result was slightly less than forecasts of a +47,000 gain. This huge sample has been in a yo-yo pattern since mid-2025 and over that six month period they have reported a net gain of +129,000 - but almost all that gain was in August. We get the December non-farm payrolls report on Saturday, and it is expected to show a gain of +60,000.US job opening shrank in November. They fell by -303,000 to 7.146 mln in the month, the lowest since September 2024 and well below market expectations of a good gain.The ISM Services PMI rose for a third consecutive month in December, well above what was expected due to more positive holiday season trading. It was their best services sector PMI since October 2024, and broad-based. This was quite a different view to yesterday's S&P Global services PMI which told the inverse story.Meanwhile the US released catch-up factory order data, delayed by their shutdown, and a desire to make bad data seem less relevant. This report for October revealed orders fell +1.3% from September, to be just +1.6% higher than a year ago, far less than current price inflation. A driver of this pullback has been lower aircraft orders.Meanwhile, the NY Fed's global supply chain pressure index jumped rather more than expected in December, a clear signal that American importers are feeling rising stress - although nothing like its pandemic stress.In Canada, their widely-watched Ivey PMI turned back to an expansion in December, and they reported lower cost pressures, even if they remain elevated.In China, their central bank said it will cut the reserve requirement ratio and interest rates in 2026 to keep liquidity up with a loose monetary policy.Meanwhile their foreign exchange agency explicitly committed to “effectively guaranteeing” fx access for all market players, a move to reassure businesses of currency liquidity amid the global pressures.And China's FX reserves rose to US$3.358 tln in December, a +4.9% or +US$160 bln change from a year ago, boosted in part by a falling USD. But next week, China will announce a +US$1 tln trade surplus in the same period, so it does make you wonder where the difference has gone. Clearly there are large capital outflows. China's gold reserves rose more than +55% in 2025, largely due to the rise in price. But they also added volume from local mining.Another consequence of this rise in reserves and the swelling trade surplus, is that the yuan is appreciating, especially against the USD (but not significantly against the AUD or NZD). However the appreciation against the USD is crucial because most of the world's trade in conducted or priced in USD.Taiwan said its CPI rose +1.3% in December from a year ago, and its PPI fell -2.6% on the same basis.In Europe, they said their CPI was up +2.0% in the euro area in December, a slight dip from November. So it is at the ECB target now. The range was from +0.7% in France to over +3.0% in front-line eastern countries. Germany was +2.0%, Spain +3.0% and Italy +1.2%.Australia's CPI inflation slowed to 3.4% in November from a year ago, down from 3.8% in October. This was a bigger fall than expected, but it is still above the RBA's 2–3% target. Still, this will ease the pressure on the RBA and push back any thought of rate rises. Housing was up 5.2%, food by 3.3%, and transport by +2.7%. As the electricity subsidy rollback fades, that is reducing pressure overall.Australian building consents rose sharply in November, up +15.2% to 18,406, a rise dominated by apartment approvals.And while we complain about high prices for dairy products and meat because of our low dollar and high international demand, get ready for much higher fish prices too. The West Australian government has permanently closed it's snapper fishery, and fish wholesalers there are now flying in New Zealand snapper to fill the shortage.The UST 10yr yield is now just under 4.14%, down -4 bps from this time yesterday. The key 2-10 yield curve is now at +67 bps.The price of gold will start today at US$4458/oz, and down -US$29 from yesterday. Silver is down -US$4 to US$78/oz.American oil prices are down -US$1.50 USc from yesterday at just under US$56/bbl, while the international Brent price is now at just under US$60/bbl. These are both near five year lows.The Kiwi dollar is little-changed from yesterday, still at just over 57.8 USc. Against the Aussie we are up +10 bps at 85.9 AUc. Against the euro we are also up +10 bps at 49.5 euro cents. That all means our TWI-5 starts today just over 61.8, and actually little-changed yesterday.The bitcoin price starts today at US$91,276 and down -1.3% from this time yesterday. Volatility over the past 24 hours has again been modest at just on +/- 1.4%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston and we'll do this again tomorrow.

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jill Schneider. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Breaking this hour: the NY Fed releasing new inflation expectations data and some new numbers surrounding the jobs market, showing improving sentiment. Then a former Netflix and Hulu executive weighs in on Paramount Skydance's hostile bid for Warner Brothers Discovery. And new reports over the weekend saying another top Apple executive could be looking to leave. A look at Apple's changing the leadership. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Chuck Zodda and Paul Lane discuss the Senate taking the first step in reopening the government. What could be the economic fallout from the shutdown? US household debt hits a new record, NY Fed finds. Why did SoftBank sell its entire stake in Nvidia? Is a 50-year mortgage a terrible idea? Many would-be buyers are frozen out of the housing market.

Manuel and Rod Garratt explore CBDCs, stablecoins, and tokenized deposits—covering privacy, politics, and the future of payments from Rod's journey at the NY Fed to global digital money innovation.

Kia ora,Welcome to Tuesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news gold is soaring on US missteps, and oil is falling as demand falters while supply is rising fast.Overnight US data was mixed. August pending home sales came in a little better than expected, up +4.0% from July, but only up +3.8% from year ago levels which themselves were relatively stunted. Less than 20% of American realtors expect the next three months to improve.But the Dallas Fed factory survey reported a sharpish turn lower, a second consecutive monthly contraction in manufacturing activity and the steepest since June. But they still have growth, just far less. New orders dipped again. Costs continue to rise faster than selling prices.The chances of a US federal government shutdown are rising with compromise no longer in anyone's vocabulary. Trump thinks no-one will blame him for his intransigence.And apparently, the next US tariff target is movie production - something both Australian and New Zealand creative industries will look at with trepidation.Singapore reported their producer prices rose. They grew by +1.1% in August from a year ago, after a -2.4% drop in the previous month. And this was their first producer price inflation since March 2025.Later today, China will release its August PMI data, the key releases before their Golden Week holiday break that starts tomorrow.In India, industrial production rose +4.0% in August from a year ago, slowing slightly from the upwardly revised 4.3% growth rate in July, but less than the expected +5% increase. Still, the result continued a reasonable first half of the year, showing that initial tariffs by the Americans did not have a significant immediate impact on their industrial activity.But today's big news will be the RBA's upcoming rate review. Analysts expect no change at 3.6%. Financial markets are of the same view with nothing priced in to secondary market wholesale rates. But the RBA will be weighing the impact of relatively strong labour markets, good economic growth, low budget deficits and a strong fiscal impulse, along with rising CPI inflation touching 3.0% in August. Waiting could leave them with a harder-to-control inflation problem, although to be fair, no-one expects a rise today even if many think it would be warranted and wise.The UST 10yr yield is now at 4.14%, down -5 bps from yesterday.The price of gold will start today at US$3830/oz, up +US$72 from yesterday and a new all-time high. Silver had yet another big spurt, now almost at US$47/oz. This latest surge puts the US gold stockpile at Fort Knox and the NY Fed now worth more than US$1 tln.American oil prices are down a sharpish -US$2 at just over US$63/bbl, with the international Brent price now just over US$67.50/bbl. With global demand wavering, the planned OPEC increase, plus the resumption of Iraqi oil from their Kurdistan region has traders talking about a glut.The Kiwi dollar is at just over 57.8 USc and up +10 bps from yesterday. Against the Aussie however we are down -25 bps at 87.9 AUc and that is the lowest in three years. Against the euro we are little-changed at 49.3 euro cents. That all means our TWI-5 starts today at just on 65.1, down -10 bps.The bitcoin price starts today at US$113,795 and up +3.2% from yesterday. Volatility over the past 24 hours has been modest at under +/- 1.8%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

Bloomberg Opinion Columnist and former NY Fed President Bill Dudley discusses what he expects the Fed to do this Wednesday, weakness of the labor market, steepening yield curve and more. Dudley spoke with Bloomberg's Jonathan Ferro and Lisa Abramowicz.See omnystudio.com/listener for privacy information.

Avory Around the Desk PodcastIn this episode of Avory Around the Desk Podcast, host Sean Emory, founder and Chief Investment Officer of Avory & Co, welcomes Garth Friesen, an acclaimed investor, author, consultant, and former hedge fund manager. Garth shares his insights on a wide range of topics including market outlook, macroeconomic trends, the Federal Reserve's policies, and the impact of geopolitical events. Discussions also cover the effects of tariffs, real estate investment opportunities, and the transformative role of AI in various sectors. Whether you're a seasoned investor or new to the field, this episode offers valuable perspectives on navigating today's complex financial landscape.00:00 Introduction to Avory Around the Desk Podcast00:13 Meet Garth Friesen: Investor, Author, and Consultant00:49 Garth's Career Journey and Current Activities01:19 Current Market and Macro Environment04:01 Impact of Tariffs and Market Reactions13:36 Fed's Role and Economic Indicators16:12 Inflation, Data Accuracy, and Fed's Decision Making23:02 Strategic Views on Fed's Easing Cycle25:59 Impact of Fed Policies on Long-Term Rates27:29 Current State of the Real Estate Market29:08 Opportunities in Commercial Real Estate34:26 AI's Role in Investment Strategies45:01 Advice for Retirees and New Investors48:03 Where to Follow the Speaker's Work—Hosted by:Sean Emory, Founder & Chief Investment Officer, Avory & Co.https://www.avory.xyzGuest:Garth FriesenFollow Avory & Co or Sean Emory

(0:00) Introducing Adena Friedman (1:16) Nasdaq's business, expanding beyond a stock exchange (2:44) Big announcement! Nasdaq will offer tokenized securities, crypto going mainstream, the 24/5 trading schedule (7:21) How the IPO market can change to help companies go public faster (13:37) Evolution of markets: predictions, options, SPVs, secondaries (18:18) State of the stock market, role at the NY Fed, data issues at the Fed Thanks to our partners for making this happen! Solana: https://solana.com/ OKX: https://www.okx.com/ Google Cloud: https://cloud.google.com/ IREN: https://iren.com/ Oracle: https://www.oracle.com/ Circle: https://www.circle.com/ BVNK: https://www.bvnk.com/  Follow Adena: https://x.com/adenatfriedman  Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg  Follow on X: https://x.com/theallinpod  Follow on Instagram: https://www.instagram.com/theallinpod  Follow on TikTok: https://www.tiktok.com/@theallinpod  Follow on LinkedIn: https://www.linkedin.com/company/allinpod  Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg  Intro Video Credit: https://x.com/TheZachEffect

US equities were higher in uneventful Monday trading, with the Dow Jones, S&P500, and Nasdaq finishing up 25bps, 21bps, and 45bps respectively. Upside was limited and trading very rangebound, though the Nasdaq still set a fresh record close. Data from the NY Fed showed 1-year inflation expectations up 10bps m/m to 3.2%; noted job replacement/rehiring optimism lowest since June of 2013. Echostar finished up nearly 20% on a deal to sell AWS-4 and H-block spectrum licenses to SpaceX for around $17B in cash and stock.

US equities were higher in Wednesday trading, with the Dow Jones, S&P500, and Nasdaq closing up 32bps, 24bps, and 21bps respectively. Market was still in waiting mode for Nvidia results after the close and PCE inflation on Friday. NY Fed's Williams telling CNBC monetary policy is moderately restrictive and data could warrant a gradual reduction in rates. Treasury's auction of $70B in 5s saw a 0.7bp tail, though domestic demand was solid. Earnings results included some well-received prints out of the cloud software space and mixed takeaways surrounding the consumer-facing names.

Kia ora,Welcome to Thursday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news in search of short-term riches, the Cook Islands is establishing itself as a haven base for deep sea mining, it be used by both great powers.But first, American mortgage applications rose last week with a modest +3.1% gain from the prior week attributed to a small fall in benchmark mortgage interest rates. It was the stronger +5% refinance activity that drove the modest gain rather than new home purchases.Those benchmark rates may keep falling. There was slightly softer demand for the latest overnight US Treasury 10yr Note auction, but the resulting median yield came in at 4.20%, down from 4.31% at the prior equivalent event a month ago. However the yield is up on more recent levels.Separately, the NY Fed monitoring of global supply chain pressure eased again in July.In Canada, they are seeing residential real estate markets operating like we see here. For example Toronto sales transactions are rising (+13% in July from a year ago), but prices falling (-5.4% on the same basis).The Reserve Bank of India kept its key policy rate at 5.50% during its August meeting, now holding a neutral stance, following a larger-than-expected -50 bps decrease in June. There were no surprises here and the rate remains at its lowest level since August 2022. Easing inflation and the recent US tariff challenges were key considerations.Meanwhile, the US has doubled its tariffs on India to 50% as 'punishment' for buying Russian oil. Interestingly it has boosted Modi's standing at home in India and brought bi-partisan support for him in resisting the US.In China, they have brought in a ¥3,600 yuan (NZ$845) per year child care subsidy for under threes, designed to boost household consumption and ease pressure on family budgets. Encouraging childbirth is probably the core motivation for this subsidy. It is just another is a broadening range of consumer subsidies China is rolling out to support its economy and build domestic demand.EU retail sales volumes impressed in an overnight data release for June. They were up +3.1% on a volume basis, the best increase since September 2024. German gains were particularly strong, up +4.8% on the same volume basis.But new German factory orders again disappointed in June, down -1.0% in volume terms. Although this was twisted by some lumpy 'large' orders. Excluding those, the change is a gain of +0.5% in volume terms. (Large-scale items include aircraft, ships, trains, military vehicles).Australia said living costs rose for all type of households in June. Over the past year, all LCIs rose between +1.7% and +3.1%, slowing from annual rises of between +2.4% and +3.5% to the March 2025 quarter. In the South Pacific, the Cook Islands is becoming a renegade state. Its deal with China allows the Chinese to use it as a base for deep sea mining. Now the US is keen to use it in the same way. These great powers see “one of the most promising regions for deep-sea mineral deposits.” These nations are keen to plunder as far away from themselves as possible.The UST 10yr yield is now at 4.22%, up +2 bps from yesterday. The price of gold will start today at US$3,374/oz, down -US$5 from yesterday.American oil prices have slipped back again, down another -50 USc to just under US$65/bbl with the international Brent price holding at just over US$67.50/bbl.The Kiwi dollar is at 59.4 USc and up +40 bps from yesterday. Against the Aussie we are unchanged at 91.3 AUc. Against the euro we are also unchanged at 51 euro cents. That all means our TWI-5 starts today at just on 67.1, up +20 bps.The bitcoin price started today at US$115,465 and up +1.6% from this time yesterday. Volatility over the past 24 hours has been low at just under +/-0.9%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

Kia ora,Welcome to Tuesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news financial markets have turned cautious, unsure of what to make of the set of 'tariff letters'.In Washington, because they couldn't complete tariff deals in the "90 deals in 90 days" to July 9, they have moved the 'deadline' to August 1. The shambles extends. And the capricious tariff letters are starting to be issued, first to Japan and South Korea at 25%, and then a bunch of developing countries including Malaysia (25%) and South Africa (30%).Essentially, the US is pushing countries into China's orbit, and creating conditions where many will shy away from buying US goods due to the bald insult. US businesses are likely to suffer, not only from financial market reactions, but also on the demand front. Other governments' trust in the US is in free-fall.Separately, we can also report that the NY Fed's Global Supply Chain Pressure index was neutral in June, back to its long run 'normal level'. That amounts to an easing of the May pressure as the rush to beat the tariff-taxes faded.Across the Pacific, China said its foreign exchange reserves rose by +US$32 bln to US$3.317 tln in June and that is the highest level they have had in nearly ten years (December 2015).Singapore's foreign exchange reserves stayed very high in June, even if they did dip marginally from their record high level in May.In the EU, they report retail sales by volume (inflation adjusted) and it slipped in May from April. But it stayed higher than year-ago levels although by less than +1%.Meanwhile, Germany reported its May industrial production turned up and by much more than expected. Although to be fair, it is in a bit of an overall yoyo pattern. Still, on a volume basis it too is +1.0% higher than year ago levels.So overall, even though some of it is over a month old, this set of second tier data, from the US, to Asia, to Europe isn't painting a picture of special stress.How the Australian central bank see it will be revealed later today when the RBA issues its decision on its cash rate target. Market pricing has only two-thirds of a -25 bps cut priced in although most economists think it will happen, and take their policy rate down from 3.85% to 3.60%. That will flow through to homeowner's household budgets quickly because most have variable rate deals.However it its far from certain this will give the Aussie domestic economy the boost a rate cut should deliver. It almost certainly will juice up house prices, which are already rising in anticipation. But existing borrowers seem to have decided en masse that the cash gains from lower rates will be used to pay down debt rather than be spent in generating more economic activity, which is why the RBA is cutting. To get that effect, the central bank may have to cut again later in the year. There are reviews in August, September, November and December yet to come, so plenty of opportunities for more cuts.The UST 10yr yield is now at 4.39%, and up +6 bps from yesterday.The price of gold will start today at US$3,332/oz, and down -US$4 from yesterday.American oil prices are up +US$1 at just under US$67.50/bbl while the international Brent price is now just over US$69/bbl.The Kiwi dollar is now just on 60 USc, down an outsized -60 bps from yesterday. Against the Aussie we are down -10 bps at 92.4 AUc. Against the euro we are down -20 bps at 51.3 euro cents. That all means our TWI-5 starts today at just under 67.7 and -30 bps lower from yesterday at this time.The bitcoin price starts today at US$107,923 and down -0.9% from this time yesterday. Volatility over the past 24 hours has remained low at just on +/-0.8%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

Mike Armstrong and Paul Lane discuss U.S. and China try to undo devastating trade curbs. Inflation expectations declined across all horizons, NY Fed says. Lawmakers traded stocks heavily as Trump rolled out ‘Liberation Day' tariffs. Moody's sounds alarm on private funds for individuals. A college degree is no longer a risk-free investment.

Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureA major backer of green energy admits it would be able to keep the lights on. Lee Zeldin cuts regulations. Tariffs are a good thing, it will change everything. Companies are coming back to the US. Israel removes all tariffs. The [DS] is pushing everything they have at Trump, they have all judges trying to dictate how the executive branch should be run. The people are getting a lesson in the Constitution. The [DS] tried to cover up their crimes by deleting data. The coverup always gets you. Elon signals that arrests are coming.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy A Major Backer Of Green Energy Admits Again That Solar And Wind Power Alone ‘Can't Reliably Keep The Lights On' BlackRock CEO Larry Fink, historically a supporter of green energy initiatives, acknowledged that wind and solar alone “can't reliably keep the lights on” without “major breakthroughs in storage” and wrote that it's necessary to be “clear-eyed about our energy mix” in his annual chairman's letter to investors on Monday. Fink supported the transition to green energy in the past and heads BlackRock, the world's largest asset management company, which has pushed for Environmental, Social and Corporate Governance (ESG). Fink said in 2023 that he would no longer use the term ESG due to its political connotation, though he's “not ashamed” of the term and believes in “conscious capitalism.” Fink praised nuclear power and raised doubts Monday regarding the reliability of solar and wind energy alone due to storage issues in his annual chairman's letter. Source; dailycaller.com  Congressman says Trump's rare earth minerals plans could spur manufacturing boom in Rust Belt In 2023, China accounted for nearly 70 percent of global production of strategic minerals. Its share has increased after reaching a low at 57.6 percent in 2020. "And here's the reason why it's so important that we mine them, because you're going to almost certainly have your manufacturing close to where you find the natural resource," Tiffany says. Congressman Tom Tiffany, R-Wis., predicted that President Trump's plans on rare earth minerals could spur a manufacturing boom in the Rust Belt, referring to last week's joint session of Congress on Tuesday. At that speech, Trump said “Later this week, I will also take historic action to dramatically expand production of critical minerals and rare earths here in the USA.” Trump is reportedly preparing an executive order that would speed up raw mineral production and processing. Tiffany, a member of the Committee on Natural Resources and chairman of its Subcommittee on Federal Lands, said Trump's executive action will be a game changer for the U.S. Source: justthenews.com https://twitter.com/KobeissiLetter/status/1906763321610502534   $9,191. This was followed by New Jersey, Florida, and Alaska at $9,112, $9,094, and $9,094. Furthermore, Wyoming has the fastest-growing card debt levels which rose 8.9% in Q3 2024. Meanwhile, total credit card debt has risen by $441 billion since Q1 2021 and hit a record $1.2 trillion in Q4 2024, according the NY Fed. Credit card debt is out of control. https://twitter.com/KobeissiLetter/status/1906738279619145800  next. World's Largest Oil Refining Company Halts Venezuelan Oil Purchases Following President Trump Tariff Announcement Last week President Trump announced secondary tariffs of 25% against any nation who purchases oil from Venezuela.  The approach was in response to the Venezuelan government refusing repatriation o...

US equities were sharply lower in Monday trading as stocks finished just a bit off worst levels. The S&P and Nasdaq logged their worst sessions of 2025, with some classic defensive rotations in view. In macro news, the NY Fed's February Survey of Consumer Expectations saw 1Y inflation expectations tick up point 1 percentage point to 3.1%, though the 3-5 year outlook remained unchanged at 3%.

Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture The old Federal Reserve system is imploding. The [CB] are in trouble. Trump is now putting all the pieces in place and he is dismantling the Federal Reserve System. Trump is continually added more pieces to the puzzle to remove the people from the system and create a new system that will fund the government. The [DS] is in a panic today, Pam Bondi continually threatened the [DS] with the Epstein client list and she was able to expose the sleepers in NY Fed office. Kash and Pam are now investigating. We are in an information war and this was a test to see what ammunition the [DS] has. Phase I complete of Epstein release, moving to the next phase.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy Initial Unemployment Claims Spike by 22,000 Not DOGE Related Unemployment claims jumped but it's not Federal in nature.   In the week ending February 22, the advance figure for seasonally adjusted initial claims was 242,000, an increase of 22,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 219,000 to 220,000. The 4-week moving average was 224,000, an increase of 8,500 from the previous week's revised average. The previous week's average was revised up by 250 from 215,250 to 215,500. Initial Claims and 4-Week Average DOGE, Random, or Something Else? The Department of Labor data rules out DOGE. Source: mishtalk.com US Pending Home Sales Collapse To Record Lows Pending home sales tumbled 4.6% MoM in January (after dropping 4.2% MoM in December), dramatically worse than the 0.9% MoM decline expected and dragging YoY sales down 5.2%... Source: Bloomberg This drop pushed pending home sales index to its all-time lows...   Contract signings tumbled 9.2% in the South - the biggest home-selling region in the country - parts of which experienced historic snowfall. That marked the biggest drop since the start of the Covid-19 pandemic. Worse still, home prices continue to rise and squeeze would-be buyers. c Source: zerohedge.com Eli Lilly Announces Plan To Invest $27 Billion In America Amid Trump Tariff Threats Eli Lilly announced that it plans to more than double its U.S. manufacturing investment this year to $50 billion as President Trump threatens to place tariffs on pharmaceutical imports. The drug giant plans to begin building four domestic manufacturing locations in 2025 and add 13,000 high-wage manufacturing and construction jobs, according to a press release. The company claimed the plans account for the largest pharmaceutical manufacturing investment in U.S. history. 

Bloomberg Opinion Columnist and former New York Fed President Bill Dudley discusses Fed uncertainty while anticipating Trump's policies, labor market weakening, and economic forecast for 2025. Tariffs and deportations will have a grave effect on the economy in 2025, explains Dudley. He speaks with hosts Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern. See omnystudio.com/listener for privacy information.

Today's blockchain and cryptocurrency news  Bitcoin is down half a percent at $99,464 Eth is up slightly at $4,006 XRP, up 1.5% at $2.47 Top gainers in the last 24 hours: Hedra, up 22% NY Fed president Bill Dudley writes op-ed on proposed BTC reserve UK FCA says pump.fun not authorized in country. FDIC asked financial institutions to pause crypto-related activities Czech republic approves BTC exception for capital gains. Learn more about your ad choices. Visit megaphone.fm/adchoices

John Williams, the president of the Federal Reserve Bank of New York, also spoke about the gold vault underneath the building and Federal Reserve Chairman Jerome Powell's taste in music, including the Grateful Dead.

Matt and Nic are back for more news and deals. In this episode: The Polymarket whale is identified BTCUSD predictions for the election Election models versus prediction markets Stripe acquires Bridge for $1.1b Did the Bridge deal make sense for Stripe? Stablecoins as Fintech 3.0 Nigeria frees Tigran Gambaryan Kraken is launching the Ink blockchain Buenos Aires is launching a blockchain-based identity solution Opera launches the minipay wallet A new paper from the Fed gives us new insight into the 2023 bank run Coinbase FOIAs the regulators behind OCP 2.0 Content mentioned in this episode: NY Fed, Tracing Bank Runs in Real Time Sponsor notes: Introducing Exchange Flow Metrics: In Coin Metrics' State of the Network issue 282, we introduce Coin Metrics' new exchange flow metrics for BTC & ETH Withum's Digital Currency and Blockchain Technology Team specializes in crypto-assets, offering accounting, tax and advisory solutions to fortify trust in a dynamic industry. Contact them today to get started. - withum.com/crypto

The Federal Reserve can't sustain 50 basis point rate cuts if the economy and the labor market remain strong and inflation pressures linger, ex-NY Fed executive Ricks Roberts told MNI. 

Former NY Fed President/Bloomberg Opinion columnist Bill Dudley discusses his call for the Fed to cut 50 bps with Bloomberg's Tom Keene and Paul Sweeney.See omnystudio.com/listener for privacy information.

On this episode of The Rate Guy we discuss this week's Jackson Hole meeting where the theme  is “Reassessing the Effectiveness and Transmission of Monetary Policy.” We talk about some of the things they might touch on and how the market may react. We also discuss the consumer spending situation; why it's not as rosy as the number suggests and why these red flags have not yet caused a more significant slowdown in consumer spending.   Here is the link to the quarterly report that the NY Fed puts out on consumer debt that we discuss. For graphs referenced, check out this week's Pensford Newsletter. 

Today on the Daily News You Can Use, Ray and Zach discuss the latest data on auto loan delinquencies from the NY Fed. Subprime lending is a mess. Tune in to learn more!

Roberto Perli is the manager of the System Open Market Account (SOMA) and a senior leader in the New York Fed's Markets Group. In his role, Roberto is responsible for implementing monetary policy at the direction of the Federal Open Market Committee (FOMC). Roberto is also a returning guest to the podcast, and he rejoins Macro Musings to talk about a recent speech he made titled, *Balance Sheet Reduction: Progress to Date and a Look Ahead.* Specifically, David and Roberto discuss the Fed's recent balance sheet activities, the basics and functionality of the overnight reverse repo facility, the importance of slowing down the Fed's balance sheet runoff, and much more.   Transcript for this week's episode.   Roberto's NY Fed profile Roberto's Twitter: @R_Perli   David Beckworth's Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings   Check out our new AI chatbot: the Macro Musebot! Join the new Macro Musings Discord server!   Join the Macro Musings mailing list! Check out our Macro Musings merch!   Related Links:   *Balance Sheet Reduction: Progress to Date and a Look Ahead* - Remarks by Roberto Perli at the 2024 Annual Primary Dealer Meeting, Federal Reserve Bank of New York   Timestamps:   (00:00:00) – Intro   (00:04:49) – Breaking Down the Role of SOMA Manager   (00:08:43) – Recapping the Fed's Balance Sheet Activities   (00:11:04) – How to Think About Quantitative Tightening   (00:13:19) – Breaking Down the Overnight Reverse Repo Facility   (00:20:42) – Slowing Down the Runoff and the Future of QT   (00:26:48) – How to Determine the Critical Level of Reserves   (00:33:03) – The Structural Demand for Bank Reserves Over Time   (00:38:55) – The Advantages of the Floor Operating System   (00:47:49) – Reserve Supply Focus Moving Forward   (00:49:44) – Outro

US equities finished mixed in largely uneventful Monday trading, spending much of the session near the unchanged mark. Another quiet, low volume session before the market exits a catalyst vacuum starting tomorrow with key inflation and consumption data. NY Fed's latest Survey of Consumer Expectations noted consumers' year-ahead inflation expectations rose in April at both the one- and five-year time horizons.

European bourses are mixed and trade around the unchanged mark; US futures are modestly firmerDollar is slightly softer weighed on by recent EUR strength, NZD lagsBonds are incrementally firmer, though within contained rangesCrude benchmarks are on the front foot, XAU is softer and base metals are mixedOvernight focus on mixed Chinese data and then upcoming ultra-long issuance, latter development providing supportLooking ahead, NY Fed Survey of Consumer Expectations Survey, Comments from Fed's Mester & Jefferson, SNB's JordanRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Federal Reserve Bank of New York President John Williams discusses the state of the US economy, the recent inflation data and the outlook for monetary policy with Bloomberg's Mike McKeeSee omnystudio.com/listener for privacy information.

US equities ended narrowly mixed in Monday's trading session with the S&P 500, Dow, and Nasdaq hovering around unchanged though small caps outperformed. The NY Fed one-year inflation expectations were unchanged for third-straight month, though increased at the 3Y horizon. Meanwhile, Chicago Fed President Goolsbee commented today that recent jobs data confirms that the economy is strong, and noted late last week that he sees continued high inflation in housing services as the biggest danger to the inflation picture.

#tokenization #digitalassets #securitytoken Tune in to this episode of the Security Token Show where this week Herwig Konings, Kyle Sonlin, & Sarah Morton cover the industry leading headlines and market movements, including Bonds on BASE, tZERO's return, and a Tokenized Slice of Italy!   This week Jason Barraza had a chance to sit down with Johnney Zhang, CEO at USP on their new RegCF via Republic!   Company of the Week - Herwig: tZERO: https://www.tzero.com/    Company of the Week - Kyle: Tuscany National Token/ Park Street Development Group: https://tuscanynationaltoken.com/     = Stay in touch via our Social Media = Kyle: https://www.linkedin.com/in/kylesonlin/  Herwig: https://www.linkedin.com/in/herwigkonings/ Sarah: https://www.linkedin.com/in/sarahmortonvan/  Jason: https://www.linkedin.com/in/jasonbarraza/  Opinion articles, interviews, and more: https://medium.com/security-token-group  Find the video edition of this episode on our Youtube Channel: https://www.youtube.com/c/securitytokenmarket    All articles that were discussed were sourced from https://STOmarket.com/news     The Market Movements   BUIDL Experiences 1st Redemption/ Reaches $280M AUM Tuscany National Token is Now Live on tZERO: https://tuscanynationaltoken.com/   Emmis Capital Launches Pre-IPO Fund Offering on tZERO: https://www.accesswire.com/849169/emmis-capital-launches-10-million-reg-d-capital-raise-using-the-tzero-securities-services   Obligate Issues Their 1st Bond on Base: https://obligate.medium.com/obligate-partners-with-mikro-kapital-for-its-first-bond-issuance-on-base-164005b42626   Clearpool Lists First Credit Vault Using Avalanche: https://medium.com/clearpool-finance/clearpool-expands-to-avalanche-with-listed-fintech-firm-launching-first-credit-vault-061f8c1a1790   GF Securities Returns with 1st Commercial Paper Offering in Hong Kong: https://www.tronweekly.com/gf-securities-releases-first-paper-tokenized/   Hokkoku Bank Tokenizes Deposits as Stablecoins, 1st in Japan: https://www.ledgerinsights.com/hokkoku-bank-japan-first-deposit-backed-stablecoin/   New STM Market Report Live: March 2024: https://medium.com/security-token-group/stm-market-report-march-2024-c68e3854130c   The Token Debrief   BIS, NY Fed, and 5 other Central Banks Team Up on Project Agora: https://www.coindesk.com/policy/2024/04/03/central-bank-group-starts-tokenization-project-to-enhance-monetary-system/ Ripple Announces Plans to Launch Stablecoin: https://blockworks.co/news/ripple-issuing-cash-equivalent-backed-stablecoin GK8 Moves Beyond Custody into Tokenization Services: https://www-coindesk-com.cdn.ampproject.org/c/s/www.coindesk.com/business/2024/04/03/galaxy-digital-owned-crypto-custody-specialist-gk8-unveils-tokenization-wizard/amp/ New FIQ Market One by FusionIQ for Wealth Managers: https://ibsintelligence.com/ibsi-news/fusioniq-launches-fiq-market-one-to-transform-investment-marketplaces/ Miami-Based Neoclassic Capital to Focus on RWAs, Crypto Derivatives: https://coingape.com/industry-veterans-launch-firm-focusing-on-crypto-derivatives-rwa-tokenization/ Peter Gaffney on CoinDesk: “Where BlackRock Goes, Liquidity Flows”: https://www.coindesk.com/business/2024/04/03/where-blackrock-goes-liquidity-flows/    = Check out our Companies = Security Token Group: http://securitytokengroup.com/   Security Token Advisors: http://www.securitytokenadvisors.com/   Security Token Market: https://stm.co  InvestReady: https://www.investready.com   ⏰ TABLE OF CONTENTS ⏰ 0:16 Introduction 0:57 The Market Movements 21:36 STS Interviews: USP 30:41 The Token Debrief 33:34 Companies of The Week: tZERO, Tuscany National Token/ Park Street Development Group

The market now sees the Fed's first rate cut coming in June, but one former NY Fed analyst thinks that's an overestimate. Plus, the so-called TikTok bill is on its way to the Senate as one billionaire floats a plan to buy the company if it becomes law. We'll look at the social media landscape and impact on the 2024 election. And Impossible Foods is in the midst of a makeover as it hopes to attract more customers. The CEO joins us with what's behind the strategy.

Today on the Daily News You Can Use, Ray and Zach discuss the latest data from the NY Fed on loan delinquencies and credit card debt. Tune in to learn more!

US equities finished higher in Monday trading. The Fed was in focus with Dallas Fed President Logan suggesting there may be a case to slow the pace of the balance sheet runoff. The NY Fed survey showed consumers' year-ahead inflation expectations are now at their lowest level since January 2021.

Derek Moore and Jay Pestrichelli, CEO of ZEGA Financial, are back this week to discuss some hedging examples and how hedging is cheap right now. They even go through a few examples. Then they get into the sharp rise in container shipping costs before discussing the weaker PMI Services data. Later they note Bloomberg's data showing articles mentioning “soft landing” are the highest since the 2000-2001 recession. A fun segment where they go through data from Unusual Whales showing the 2023 returns from members of congress and which members traded the most including options. Finally, they discuss whether so goes January goes the rest of the year in markets is a good indicator.   The cost of hedging with options is cheap right now. Examples of hedging using the S&P 500 Index ETF SPY and Nvidia Zero cost collars to hedge downside risk. Is good news in markets or bad news in markets good news? Container shipping costs spike due to the Red Sea and Suez Canal re-routing. PMI Services data shows employment dipped below 50, which is contraction. What is the PMI Services Survey? “Soft Landing” shows up in Bloomberg articles the most since the 2000-2001 recession. Which members of the US Congress beat the markets last year 2023? Unusual Whales publishes report showing number of trades and performance of US Congress Which congressman traded over 4000 times last year? What does January performance say about the rest of the year's performance in markets? NY Fed global supply chain pressure index     Mentioned in this Episode:   Report from Unusual Whales showing 2023 members of congress trading returns https://unusualwhales.com/politics/article/congress-trading-report-2023   December ISM Services PMI report https://www.ismworld.org/supply-management-news-and-reports/reports/ism-report-on-business/services/december/   NY Federal Reserve Bank Global Supply Chain Pressure Index (GSCPI) https://www.newyorkfed.org/research/policy/gscpi#/interactive   2024 Predictions | Late Year Rally Bullish? | What if Investors Are Expecting Too Many Rate Cuts? https://podcasts.apple.com/us/podcast/2024-predictions-late-year-rally-bullish-what-if-investors/id1432836154?i=1000640245688 0 DTE Options to Blame for Selloff? | 2024 Targets for S&P 500 Index | Fed Dot Plots Always Wrong?https://podcasts.apple.com/us/podcast/0-dte-options-to-blame-for-selloff-2024-targets-for/id1432836154?i=1000639530301   Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt   Derek's new book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag   Derek Moore's book Broken Pie Chart https://amzn.to/3S8ADNT   Contact Derek derek.moore@zegafinancial.com   www.zegafinancial.com

Bloomberg Opinion columnist and former New York Fed President William Dudley says the market may be getting ahead of itself when it comes to Fed rate cuts. He speaks with hosts Jonathan Ferro and Lisa Abramowicz.See omnystudio.com/listener for privacy information.

*NEW ITEM!* Purchase my newest book! "15 Conversations with Real Estate Millionaires" https://amzn.to/3CGOWOU

Today on the Daily News You Can Use, Ray and Zach discuss the latest data from the NY Fed on auto lending. Delinquency rates are at all-time highs, and auto loan rejection rates are spiking. Tune in to learn more!

The NY Fed's newest report shows delinquencies are rising quickly in some areas, but our market guest is looking at another indicator she says suggests a rough holiday quarter ahead. We'll look at what it is, and which market strategy to deploy into year-end. Plus, one lodging REIT just posted a solid quarter on the strength of corporate travel and conventions. The owner of the Grand Ole Opry joins us for an exclusive interview. And pet spending is still going strong. The CEO of Freshpet joins us on the heels of earnings with the stock up 20 percent in one week. 

The boys are finally back together again. Haroon has welcomed the birth of his second daughter and Saied is back from his family's Hawaiian vacation. To start the show Chris, Saied and Haroon wanted to emphasize their thoughts and prayers are with the people of Maui who have been impacted by this tragic and devastating fire. After which, they jump in to Ray Dalio's interesting recession perspective. Saied gives a complete rundown of July's inflation numbers and Chris continues to declare that the JOLTs report is manipulated and can't be trusted. Something interesting is happening in Minneapolis, home prices hit a record high in 60% of U.S. markets and credit card debt hits a record high at $1 trillion dollars. Then, despite Chris thinking that asking for reviews was a colossal waste of time, we got several new amazing honest five star reviews. This of course continues to prove that 50% of the time Chris is wrong, every time. Resources:Billionaire investor Ray Dalio says the Fed's measures haven't slowed consumers down, and the government is paying the price (Fortune)July CPI report shows inflation gauge rose 3.2%, less than expected (CNBC)US economy adds 187,000 July jobs in sign labor market is cooling (The Guardian)First American City to Tame Inflation Owes Its Success to Affordable Housing (Bloomberg)Home prices hit record highs in 60% of U.S. markets (CNBC)Rental housing cost rises to ‘slow significantly' over next 18 months, Fed researchers say (Market Watch)Credit card debt hits a record high at $1 trillion, NY Fed says (Yahoo! Finance)Americans are pulling money out of their 401(k) plans at an alarming rate (CNN Business)July jobs report: U.S. payroll growth totaled 187,000, lower than expected (CNBC)Disclaimer: Please note that the content shared on this show is solely for entertainment purposes and should not be considered legal or investment advice or attributed to any company. The views and opinions expressed are personal and not reflective of any entity. We do not guarantee the accuracy or completeness of the information provided, and listeners are urged to seek professional advice before making any legal or financial decisions. By listening to The Higher Standard podcast you agree to these terms, and the show, its hosts and employees are not liable for any...