44 min listen
Powell Gets Cautious, Coffee & Carne Asada and Spending Without a Stimulus
FromThe Exchange
ratings:
Length:
44 minutes
Released:
Oct 6, 2020
Format:
Podcast episode
Description
Fed Chair Jerome Powell saying the pace of the recovery is slowing and more support will be needed… we discuss what it means for the markets.The teens aren’t spending, according to a new survey, but there is one sector they’re splurging on. We dig into the results.And while teens aren’t spending, adults could be around the holidays even if there isn’t another round of stimulus, according to one analyst
Released:
Oct 6, 2020
Format:
Podcast episode
More Episodes from The Exchange
Rate debate, un-welcoming party?, and Credit Suisse bets on bubbles: We’re just an hour away from getting the minutes from the latest Fed meeting, where the FOMC started to sound hawkish. We’ll debate which way rates go next. Plus, Chinese stocks are selling off again today. Did U.S. investors overestimate how committed China was to capitalism? We’ll explore how ‘welcoming’ (or not) it’s becoming to outside investors. And, in today’s Rapid Fire: more people are paying with crypto, some people are working less but getting paid the same, and Credit Suisse is betting more people will begin drinking hard seltzer. by The Exchange