Macrocast by FTP & Markets Policy Partners

The Fed's New Chapter, Middle East Tensions, and a Senate in Flux

Fri, 10 Jul 2026 15:00:00 -0400

This week on Macrocast, the team breaks down Chair Warsh's first moves at the helm of a divided FOMC and what the June meeting minutes reveal about the growing rift between hawks and doves. Market odds on a rate hike remain low for now but are expected to climb in the months ahead. The episode digs into what's driving that shift.

The team covers mixed economic signals, with strong ISM services data colliding against declining manufacturing employment. Also on the agenda: the resumption of US-Iran hostilities after their ceasefire ended, sending oil prices higher, though still holding relatively steady. On Capitol Hill, the episode covers the Senate leadership shakeup amid Senator McConnell's absence and what it means for the SAVE Act and upcoming appropriations decisions.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Unpacking the Labor Slowdown and the Fed's New Playbook

Sat, 04 Jul 2026 12:00:00 -0400

This week on the Macrocast, the team analyzes the latest jobs report numbers, including labor market pressures and a surprising contraction in the leisure and hospitality sector. The discussion then turns to Fed Chair Kevin Warsh's debut at a central bank conference in Portugal, where his focus on inflation and a lack of forward guidance left markets weighing potential rate hikes ahead of the midterm elections. The episode also covers key policy updates from Washington, including the bipartisan passage of a housing bill through Congress, before closing with a look at the World Cup.

From the entire team, Happy Fourth of July, and stay cool in the heat!

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Midsummer Slump: Tech Pulls Back, Inflation Sticks, and Congress Moves on Housing

Fri, 26 Jun 2026 10:00:00 -0400

Financial markets had a turbulent week, and the Macrocast team is sorting through the noise. Chip prices are climbing, semiconductor valuations look stretched, and investors are pulling back on AI-adjacent bets. Brendan explains what's driving the selloff and whether it's a correction or something more serious.

Fed Chair Kevin Warsh is keeping rates elevated while inflation stays sticky, and the newly announced Iran oil deal hasn't delivered the oil price relief markets expected. Abroad, Prime Minister Starmer's government faces a mounting fiscal crisis and Japan's yen has fallen to its weakest level in four decades. Ed closes with the latest from Capitol Hill: housing legislation is headed to the president's desk, with crypto regulation and the defense authorization bill next in line.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Summer Heat: Retail Booms, Housing Slumps, and a Hawkish Fed ft. John Dick

Fri, 19 Jun 2026 13:00:00 -0400

In this episode, Macrocast regular John Dick of CivicScience joins the team to unpack the latest consumer sentiment numbers. The Economic Sentiment Index just hit its highest point since mid-April, retail sales came in nearly double expectations, and yet housing starts dropped to a six-year low. So what's actually going on with the American consumer?

They also get into how much sports and cultural moments like the World Cup are moving spending patterns, plus Ed's read on new Fed Chair Kevin Warsh's hawkish debut and what it means for rates by year-end. They close out on the Iran deal and why consumers aren't exactly celebrating.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

CivicScience

Inflation, Blockbuster IPOs, and Soccer: All on Today's Episode

Fri, 12 Jun 2026 16:00:00 -0400

In this episode of the Macrocast, John, Brendan and Ed kick off with a discussion of this week's U.S. inflation data. The analyze both the CPI and PPI, noting that despite the elevated numbers, especially for producers, markets took the data in stride.

Next, they discussed the upcoming Federal Open Market Committee meeting, the first with Kevin Warsh as Chair. They cover his views on the correct measure of inflation, possible changes to Fed communications going forward, and the challenges of chairing the Committee where all the other members have roles independent of his influence.

The team also covers the SpaceX IPO, highlighting some of the opportunities and concerns for investors and what it could tell us about other IPOs expected this year.

Finally, they talk a little about the World Cup and the excitement that many international tourists are sharing on social media about their visits to the U.S.

For more about the hosts, please see below:

FTP

Markets Policy Partners

Jobs Friday, Shifting Markets, and What Comes Next

Fri, 05 Jun 2026 13:00:00 -0400

In this episode of the Macrocast, John, Brendan, and Ed break down a surprisingly strong jobs report and what it is doing to expectations for markets and the Fed. They look at the mixed reaction across stocks and bonds, the shift in market leadership, and what it all signals for the path ahead.

The conversation also steps back to cover upcoming tech IPOs, rising geopolitical tensions, and key policy debates in Washington. They finish with a broader view of the global economy and the pressures building across different regions.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Iran Deal Hopes, Fed Headwinds, and the AI Trade

Fri, 29 May 2026 15:00:00 -0400

This week on the Macrocast, the team broke down the market’s reaction to potential Iran deal developments, exploring how lower oil prices and a possible reopening of the Strait of Hormuz could ease inflation pressures and influence Treasury yields. They also discussed the challenges facing incoming Fed Chair Kevin Warsh as the Fed continues to navigate sticky inflation and a still-hawkish policy backdrop.

The episode also explored rising concerns around the AI trade, tech stock concentration, and whether the broader market rally may be starting to lose momentum. Ed shared updates from Capitol Hill, including bipartisan efforts to reform college athletics, while the team previewed upcoming May jobs data that could play a key role in shaping the Fed’s next moves.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

The Macro Picture: China, Rates, and Healthcare ft. Special Guest Barrett Thornhill

Fri, 22 May 2026 14:00:00 -0400

The Macrocast this week turns to healthcare and biotech with special guest Barrett Thornhill of FTP joining John Fagan, Ed Hill, and Brendan Walsh.

China’s biotech boom is front and center, with more than half of global clinical trials now coming out of China. A faster, lower-cost regulatory system is driving that shift and forcing a rethink of how drug development competes globally. Barrett unpacks what this means for U.S. pharma, FDA reform pressure, and who leads innovation going forward.

The group also covers China’s growing role in pharmaceutical manufacturing, and the macro forces behind it all, from interest rates and valuations to mounting pressure on U.S. healthcare spending.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Markets, Mobility, and Economic Sentiment

Fri, 15 May 2026 15:00:00 -0400

This week on the Macrocast, the team is joined by John Dick of CivicScience to discuss a surprising rebound in the Economic Sentiment Indicator (ESI), driven in part by improving outlook on the U.S. economy and the impact of tax refund season.

The conversation also covers growing concerns around AI and the labor market, shifting housing trends as more Americans consider moving due to cost-of-living pressures, and major policy developments including President Trump’s meeting with Chinese President Xi and bipartisan momentum behind cryptocurrency regulation in Congress.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Jobs Friday, Oil Pressure Builds, and the Next Inflation Signal

Fri, 08 May 2026 13:00:00 -0400

This week on the Macrocast, the team breaks down a stronger than expected April jobs report showing 115,000 new jobs and what it suggests about continued labor market strength and market expectations around growth and policy. The discussion then turns to rising geopolitical tensions between Iran and the U.S. and the resulting pressure on oil prices, inflation dynamics, and energy sensitive sectors.

The episode also covers key policy developments including potential changes in Fed leadership, emerging Senate efforts on crypto regulation, and growing concerns around proposed AI oversight frameworks. The team closes with a preview of next week’s major data releases including CPI, PPI, and retail sales, and what they may indicate about inflation trends and the Federal Reserve’s policy path.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Powell's Unconventional Exit, Warsh's Entry, and the Near-Term Fed Outlook

Fri, 01 May 2026 12:00:00 -0400

This week on Macrocast, the team examines Fed Chair Powell’s decision to remain beyond his tenure as chair and what it means for Fed independence as Kevin Warsh prepares to take over. The discussion also touches on the labor market and whether there is a case for interest rate cuts, weighing factors like inflation, the impact of AI on employment, and broader economic signals. The episode closes with a look at the AI boom and its effect on markets, the surge in data center anxiety, and updates from Washington.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Groundhog Day Markets, Iran Tensions, and What’s Next

Fri, 24 Apr 2026 10:00:00 -0400

This week on the Macrocast, the team digs into the latest economic data and what it is signaling for the broader outlook, though as they joke, it is starting to feel a bit like Groundhog Day. Geopolitical tensions with Iran continue to loom, keeping energy markets unsettled and making it harder for broader risk sentiment to find direction. Inflation remains in focus as well, with energy price pressures adding another layer of uncertainty to the path ahead.

On the political side, the run-up to the midterms is starting to pick up pace, bringing markets another variable to watch. Looking ahead, next week brings first-quarter GDP and a packed central bank calendar, setting up a busy stretch for both growth and policy expectations.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Inflation, AI, and the Market Pulse with Special Guest John Dick

Fri, 17 Apr 2026 16:00:00 -0400

This week on the Macrocast, the whole team, with special guest John Dick returning, breaks down the latest inflation data and what it signals for the U.S. economy. They go through CPI, recent inflation trends, and moves in gas prices as markets reassess the path for prices and policy.

The discussion also turns to artificial intelligence and its accelerating impact on growth, productivity, and market expectations. On the geopolitical side, they look at the reopening of the Strait of Hormuz and its implications for energy markets and inflation pressures.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

CivicScience

Inflation, Energy Shocks, and a Busy Week of Economic Data

Fri, 10 Apr 2026 15:00:00 -0400

This week on the Macrocast, John Fagan and Brendan Walsh discuss a busy stretch of economic data coming out this week, along with key developments in markets and geopolitics.

Geopolitical risk tied to Iran continues to drive volatility, with particular attention on the Strait of Hormuz and its implications for global energy markets and inflation expectations.

For more about the hosts, please see below:

Markets Policy Partners

Spring Outlook: Inflation, the Fed, and Iran

Fri, 03 Apr 2026 11:00:00 -0400

This week on the Macrocast, John Fagan is joined by special guest Trevor Hanger to examine the outlook for the U.S. economy as markets balance resilient data with rising risks. They cover shifting expectations for monetary policy, with Fed Chair Jerome Powell signaling a more cautious, wait-and-see approach.

Risk tied to Iran remains central, driving volatility in energy markets and complicating the inflation outlook. From an investor perspective, they explore how markets are navigating policy uncertainty, tariffs, and geopolitical developments.

The episode also marks one year since the “Liberation Day” tariff announcements that shook financial markets. Finally, with Washington in the second week of a two-week congressional recess, they look ahead to the policy calendar and key market drivers.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Geopolitics, Gas, and Economic Ripples

Fri, 27 Mar 2026 11:00:00 -0400

This week on the Macrocast, the team examines rising oil prices and their impact on gas markets, along with heightened market volatility amid global uncertainty. Geopolitical tensions in Iran continue to influence investor sentiment, while recent chaos on the Hill, including airport shutdowns and the DHS funding deal, has made headlines. Housing data shows prices remaining elevated, and the discussion turns to the SAVE Act and its ongoing political implications.

Looking ahead, next week’s economic releases are on the radar, including European inflation, global manufacturing updates, and U.S. retail sales and jobs numbers.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

March Madness and This Week in Markets

Fri, 27 Mar 2026 10:00:00 -0400

This week on the Macrocast, special guests Trevor Hanger and John Dick join the team to break down key developments across the economy, politics, and markets. John Dick shares new survey data and insights on consumer sentiment and rising gasoline prices. The team also discusses the conflict in Iran and resulting market volatility, as well as Chair Jerome Powell and the possibility he may remain in his role longer than expected.

Trevor Hanger weighs in on the SAVE America Act and voter fraud debates. With March Madness fever at an all-time high, the team dives into the tournament frenzy, breaking down the matchups, sharing picks, and exploring how sports are driving consumer buzz.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Markets Watch: Housing, Iran, and DHS

Fri, 13 Mar 2026 14:00:00 -0400

This week on the Macrocast, the team covers the Senate’s bipartisan ROAD to Housing Act and its potential effects on housing markets. They break down the ongoing DHS funding impasse, discuss the planned Kevin Warsh hearing in the Senate Banking Committee, and assess the broader market implications of Iran tensions and rising gas prices. The episode closes with a look ahead to next week’s central bank activity, highlighting what investors and policymakers will be watching as the economic data calendar quiets.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Global Conflict and the Road to the 2026 Midterms

Fri, 06 Mar 2026 10:00:00 -0500

This week on the Macrocast, Trevor Hanger of Forbes Tate Partners joins the team to discuss the conflict with Iran, assessing energy market volatility and its domestic ripple effects. Shifting focus to the 2026 election cycle, the group analyzes the variables shaping the midterm election as the primary season heats up, including the impact of tariffs. The episode concludes with a look at the DHS shutdown, housing policy, and the global and domestic economic data to watch.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

AI Anxiety, Surprising PPI, and Fed Chair Watch with John Dick

Fri, 27 Feb 2026 15:00:00 -0500

This week on the Macrocast, the team is joined by John Dick of CivicScience to discuss AI adoption, consumer behavior, and the growing anxiety around AI tools.

This episode also dives into economic data, including the latest PPI report, which came in much higher than expected and could eventually feed through to consumer prices, along with broader implications for markets and policy.

Plus, a look at Fed-related news, including insights on Kevin Warsh and the nomination process for the Fed Chair, and what it all could mean for monetary policy in the weeks ahead.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

CivicScience

Economic Signals Today: Inflation, Jobs, and Geopolitics

Fri, 20 Feb 2026 16:00:00 -0500

This week on the Macrocast, the team unpacks the latest inflation and employment data, examining what stubborn price pressures and the labor market mean for the Fed and the economy. They dive into the ongoing small government shutdown, equity market trends, and why chatter about a potential U.S. military engagement in Iran hasn’t moved markets. Tune in for a clear, concise breakdown of the numbers, policy developments, and market sentiment shaping today’s economic landscape.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

January Economic Data, The Latest Fed Outlook, and More

Fri, 13 Feb 2026 17:00:00 -0500

This week on Macrocast, the team covers stronger-than-expected January jobs and inflation data, along with shifting consumer sentiment. They also explore the Fed outlook, the upcoming Senate confirmation process for Fed Chair nominee Kevin Warsh, and the ongoing Fed investigation. In addition, they dig into the Japanese economy, the latest crypto selloff and regulatory updates, and the risk of a partial government shutdown as Congress heads into recess.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

AI, Policy, and Market Moves with Trevor Hanger

Sat, 07 Feb 2026 08:00:00 -0500

This week on The Macrocast, the team is joined by Trevor Hanger of Forbes Tate Partners, to discuss the surge in AI investment, what it means for markets, and where the broader economy may be headed as technology, policy, and market momentum continue to collide.

This episode dives into broader economic outlook, including market expectations under the Trump administration, speculation around future Federal Reserve leadership, and the growing debate over how AI could reshape the workforce and whether policy is prepared for that shift.

Plus, a look ahead at key data and events, including upcoming Federal Reserve remarks, delayed retail sales, and the latest jobs report, all of which could influence markets in the weeks ahead.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Fed Succession and the Market Impact

Fri, 30 Jan 2026 14:00:00 -0500

This week on The Macrocast, the episode dives into growing speculation over future Federal Reserve leadership, with former Fed governor Kevin Warsh emerging as the likely successor. It explores how a more dovish versus more hawkish chair could shape markets, borrowing costs, and the broader economic outlook in the years ahead.

The episode also covers Trump-era tariffs and the Supreme Court’s delayed ruling, recent developments in crypto policy, and the latest PPI release as we look toward next week’s CPI report.

As always, The Macrocast breaks down economic and political trends, giving listeners insights into how current developments will shape markets and everyday financial decisions.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Consumer Sentiment, Crypto Currency, and Fed Leadership Updates

Fri, 23 Jan 2026 13:00:00 -0500

This week on Macrocast, the team welcomes frequent guest contributor John Dick of CivicScience to unpack consumer sentiment takeaways from 2025 and what they signal for 2026. The discussion also covers the crypto market and how large banks are beginning to adopt digital assets through new services. The episode ends with developments around Greenland and their market implications, along with the latest Fed updates—including the Supreme Court case and President Trump’s search for a Fed chair.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Fed Fallout and Trump’s Push on Prices

Fri, 16 Jan 2026 17:00:00 -0500

This week on Macrocast, the team discusses the fallout from the Department of Justice’s investigation into Fed Chair Powell and how the news is reverberating through markets and Washington. They cover President Trump’s push to lower prices by rolling out new policies on credit card interest rates and mortgages as Republicans look to boost their 2026 election prospects. The discussion also touches on appropriations bills moving through Congress, the Supreme Court’s looming tariff decision, and key U.S. and global economic data to watch in the days ahead.

What to Watch in 2026: Fed Independence, Housing Affordability, and More

Fri, 09 Jan 2026 10:00:00 -0500

Macrocast is kicking off 2026 with a roundup of major economic, policy, and geopolitical developments from recent weeks. The team covers the latest jobs data, dive into Fed updates—including questions around Fed independence ahead of a Supreme Court case—and examine the implications of a possible reversal of President Trump’s IEEPA tariffs for U.S. companies. The episode closes with analysis of U.S. policy toward Venezuela, the role of oil and natural resources, and the Administrations focus on housing affordability what that could mean for Fannie Mae and Freddie Mac.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Holiday Spending and Market Trends with Special Guest John Dick

Fri, 19 Dec 2025 12:00:00 -0500

Special guest John Dick of CivicScience returns to The Macrocast in the thick of the holiday season. The episode takes a deep dive into seasonal retail trends and the surprising resilience of consumers. Inflation has cooled to 2.7% year-over-year, beating forecasts, but concerns remain about job security, economic pressures, and overall consumer confidence.

The conversation explores the resilient mindset of shoppers navigating rising costs, debt, and ongoing uncertainties in the labor market. The hosts also examine the latest data on spending and pricing, unpacking what it all signals for holiday sales and the broader economy. On the policy side, speculation continues over who might succeed Federal Reserve Chair Jerome Powell, and what potential new leadership could mean for markets, interest rates, and economic policy in 2026.

As always, The Macrocast breaks down complex economic and political trends, giving listeners insights into how current developments will shape markets and everyday financial decisions.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

CivicScience

What’s Next for the Cannabis Industry with Shanita Penny

Fri, 12 Dec 2025 13:00:00 -0500

This week on Macrocast, the team welcomes Shanita Penny, executive director of the Coalition for Cannabis Policy, Education, and Regulation, for an in-depth look at the evolving cannabis industry. Their wide-ranging discussion explores the current regulatory and business landscape, challenges facing small business owners, and the latest hemp policy developments.

The conversation also touches on President Trump’s recent meeting with cannabis executives and what the rescheduling process could mean for the cannabis sector. Plus, the team wraps up with a brief market update, including the Fed’s rate cut and speculation on who might be the next Fed chair.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

ADP Jobs Slide, Fed Cut Looms: What to Watch

Fri, 05 Dec 2025 10:00:00 -0500

Tune in to today’s Macrocast episode for a breakdown of the latest ADP jobs report, which shows U.S. private employment falling by more than 30,000. With the Fed widely expected to cut interest rates this December, the discussion also examines how workplace AI could influence the central bank’s policy decisions. The episode wraps up with insights on President Trump’s potential Fed Chair pick, Japan’s historically high government bond yields, and the upcoming Congressional appropriations bills.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Clouded Jobs Data and Market Jitters

Fri, 21 Nov 2025 11:00:00 -0500

In this week’s Macrocast episode, the team breaks down the delayed jobs report and the mixed signals it is sending to markets, along with what it could mean for the Fed’s December interest rate decision. They also dig into the recent market volatility driven by concerns about a potential AI bubble, even as NVIDIA posts strong earnings. Finally, the conversation turns to global financial developments, including Japan’s ongoing efforts to stabilize its economy.

AI Hype, Bitcoin Buzz, and the End of the Shutdown

Fri, 14 Nov 2025 13:00:00 -0500

This week on the Macrocast, the team unpacks the end of the 43-day government shutdown—the longest in U.S. history—and what the government’s reopening could mean for markets and economic confidence.

The conversation then turns to the fast-evolving world of AI, where policymakers, investors, and analysts are debating whether the sector’s rapid growth reflects genuine innovation or valuations that may be getting ahead of themselves. The hosts also take a look at the latest volatility in crypto markets, including Bitcoin’s recent swings and the market buzz sparked by the return of McDonald’s McRib.

As always, the team breaks down the week’s major moves and what they really mean for markets, policymakers, and everyday Americans.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Tariffs on Trial: The Supreme Court, Trade Policy, and What Comes Next

Fri, 07 Nov 2025 16:00:00 -0500

This week on Macrocast, the team welcomes Tori Smith, Senior Vice President at FTP and a trade policy expert, for an in-depth discussion on the latest tariff developments. They unpack the Supreme Court case challenging President Trump’s use of IEEPA tariffs, exploring how trade laws and policies could allow tariffs to continue even if the Court rules against the administration. The conversation also covers the U.S.–China relations, the rare earth market, the government shutdown, and the latest U.S. economic data.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

From the Fed to the Supreme Court: A Busy Week in Policy

Fri, 31 Oct 2025 13:00:00 -0400

In today’s Macrocast episode, the team discusses the Federal Reserve’s rate cut and its increasingly hawkish tone. They also cover the meeting between President Trump and President Xi in South Korea, including the agreement they reached on tariffs, export controls, and trade. The episode concludes with a look at the Supreme Court’s consideration of President Trump’s tariffs under IEEPA and the government shutdown.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Shutdown Sentiment: How Gridlock in Washington is Impacting Consumers

Fri, 24 Oct 2025 12:00:00 -0400

On today’s Macrocast episode, CivicScience CEO John Dick joins to unpack the growing economic impact of the ongoing government shutdown, exploring how uncertainty in Washington is shaping consumer sentiment and holiday retail forecasts. The discussion also dives into debates over cryptocurrency regulation, the latest inflation trends and Federal Reserve analysis, and concludes with timely updates on U.S.-China relations.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Rising U.S.–China Tensions Ahead of APEC Meeting

Fri, 17 Oct 2025 11:00:00 -0400

This week on Macrocast, the team examines escalating tensions between the U.S. and China ahead of their upcoming meeting at the APEC summit in South Korea, including the global impact of China’s rare earth controls. They also discuss the recent fraud incidents involving Zions Bancorp and Western Alliance Bancorp, exploring what these cases reveal about the broader health of regional banks. The episode wraps up with an update on the ongoing government shutdown and the sharp rise in gold prices.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Navigating the Government Shutdown and the Federal Reserve’s Interest Rate Strategy

Fri, 10 Oct 2025 16:00:00 -0400

On today’s Macrocast episode, the team unpacks the nuances of the government shutdown, examining partisan dynamics and the impact on the federal workforce. They also take a critical look at the Federal Reserve’s interest rate policy and speculate on the Fed’s target interest rate, discuss market investments, AI, and U.S. – China trade policy.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Unpacking the Early Days of the Government Shutdown

Fri, 03 Oct 2025 11:00:00 -0400

Tune in to Macrocast this week for the latest on the government shutdown, including the political calculus within the Republican and Democratic parties and President Trump’s threat to fire furloughed federal employees. The team also shares predictions for the Fed and explores the growing tension it faces between inflation and rising unemployment, with ADP data highlighting the strain while official jobs reports remain on hold during the shutdown.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Cracks in Consumer Confidence with John Dick

Fri, 26 Sep 2025 11:00:00 -0400

This week, the Macrocast team welcomes frequent guest contributor John Dick, CEO of CivicScience, to unpack the state of the American consumer. They discuss the decline in long-term economic optimism, growing unease in the job market, and how the political divide is reflected in consumer sentiment. The conversation also touches on housing demand and the Fed’s recalibration of interest rates.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Assessing the Fed’s Rate Cuts, Tariff Developments, and Key Economic Updates

Fri, 19 Sep 2025 10:00:00 -0400

On today’s episode of Macrocast, the team breaks down the Fed’s interest rate cut and Jerome Powell’s role as his term nears its end. They also preview upcoming Supreme Court hearings on President Trump’s tariffs, examine Congress’s next steps on government funding, and explore U.S.–China relations what other central banks are doing around the world.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

The Cost of Federal Funding Cuts for Scientific Research with Dr. Ramaswamy from American University

Fri, 12 Sep 2025 17:00:00 -0400

On today’s edition of Macrocast, Dr. Vasudeva Ramaswamy of American University discusses how federal investments in basic scientific research at our colleges and universities drive economic growth and help America maintain healthy wages for workers and a robust GDP. American University belongs to The Science Coalition (TSC), a nonprofit and nonpartisan organization composed of leading American research universities. TSC works to advance sustained federal funding for university research.

The wide-ranging conversation explores a recent study co-authored by Dr. Ramaswamy, which examines the long-term costs to GDP associated with reductions in federal support for scientific research. The episode also includes commentary on the nation’s latest employment figures and inflation statistics.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

August Jobs Report Looms Large Over the Economy

Fri, 05 Sep 2025 18:00:00 -0400

On today’s Macrocast episode, the team breaks down new jobs report data signaling a slowing labor market, alongside turmoil at the Fed surrounding hearings for Trump nominee Stephen Miran and the investigation into Governor Lisa Cook. They discuss how the Fed may respond—potentially leaning more heavily on the full-employment side of its mandate—before turning to the looming congressional funding deadline.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Fed Pressure, Chip Tensions, and Congress’s Fall Agenda

Fri, 29 Aug 2025 13:00:00 -0400

This week on Macrocast, the team discusses potential rate cuts from the Fed and growing political pressure on the central bank—highlighting the potential removal of Fed Governor Lisa Cook and Chair Powell’s upcoming 2026 term expiration.

They also explore NVIDIA’s relationship with China, tensions over rare earth metals, and the impact of tariffs on market sensitivity. With Congress returning to session, the episode previews the looming government funding deadline and the National Defense Authorization Act.

Wishing everyone a happy Labor Day weekend from the Macrocast team!

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Breaking Down Powell’s Jackson Hole Address: Shifting Risks and the Fed’s Next Move

Fri, 22 Aug 2025 15:00:00 -0400

This week on Macrocast, Ed Hill and Brendan Walsh break down Federal Reserve Chair Jerome Powell’s Jackson Hole address, where he noted the hiring slowdown and the visible effects of tariffs on consumer prices. The speech carried a dovish tilt, with Powell emphasizing the Fed’s data-dependent approach while opening the door to possible interest rate cuts.

Looking ahead to next week, the team previews the Fed’s preferred price measures, consumer spending data, and European consumer sentiment releases, while policymakers and market leaders continue to unpack Powell’s speech.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Summer Consumer Habits and Economic Insights: Special Guest John Dick

Fri, 15 Aug 2025 12:00:00 -0400

John Dick of Civic Science returns to the Macrocast to share fresh insights on the pulse of the American consumer. From restaurant attendance to summer travel trends, the team explores how the economy is shaping spending habits, travel patterns, and the impact of tariffs.

This episode dives into the latest inflation data alongside CivicScience’s survey results and takes a closer look at how AI is reshaping labor markets—especially for younger workers entering the workforce.

The hosts also preview the upcoming three-day economic policy symposium in Jackson Hole. As always, the conversation breaks down key economic data, market reactions, and what it all means for everyday Americans.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

CivicScience

July Job Numbers and a Fed Shakeup

Fri, 08 Aug 2025 14:00:00 -0400

This week on Macrocast, the team delves into the latest economic data, including softer July jobs numbers, the Bureau of Labor Statistics’ revisions process, and rising jobless claims. They also break down changes in Fed leadership and growing inflation concerns both in the U.S. and abroad, before examining the impact of a weaker dollar amid President Trump’s complex trade environment.

Jobs Slow While Tariffs Rise

Fri, 01 Aug 2025 15:00:00 -0400

This week on Macrocast, the team unpacks a weaker-than-expected July jobs report, GDP growth, and growing doubts about the economy’s momentum. They also discussed the Fed’s wait-and-see approach after their latest meeting, Trump’s latest tariff moves, and the status of trade.

The Latest Japan and European Union Trade Updates, Fed Outlook, and More

Fri, 25 Jul 2025 12:00:00 -0400

This week on Macrocast, the team breaks down President Trump’s newly announced trade deal with Japan, including the unusual creation of a direct foreign investment fund under presidential discretion. Meanwhile, Europe is pushing for its own trade deal but is also signaling that it’s prepared to impose tariffs if necessary. In Washington, the uneasy dynamic between President Trump and Fed Chair Powell was once again on display, prompting discussion about the Fed outlook and the possibility of future rate cuts.

Driving Headlines: Fed Firestorm and Crypto Regulations

Fri, 18 Jul 2025 12:00:00 -0400

In today's episode, frequent guest contributor John Dick from Civic Science joins to discuss consumer sentiment, examining how tariffs are affecting travel and spending. With the administration's August tariff deadline looming, they also explore the latest trade developments and unpack rising tension between President Trump and Fed Chair Powell. They conclude the episode by discussing the latest developments in crypto.

One Big Beautiful Bill Passed: Looking Forward

Fri, 11 Jul 2025 16:00:00 -0400

This week on Macrocast, the team breaks down the big news: the passage of the “One Big Beautiful Bill.” They dig into what it means for the next steps, the timing involved, and the important guidance that will soon follow. Despite a relatively quiet week in Washington, they highlight some key updates on government funding and regulations. Looking ahead, all eyes are on a busy week of economic data, especially next week’s inflation report, which could shake up markets and influence policy decisions in a big way.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Markets, Geopolitics, and Trade Progress: A Shifting Economy

Fri, 27 Jun 2025 18:00:00 -0400

The week on Macrocast, the team unpacks the recent economic data from the Fed, consumer consumption, and the progress made in U.S.-China trade talks. Additionally, the team covers the economic implications of our involvement with Israel and Iran, the looming reconciliation bill deadline, and the flurry of upcoming crypto legislation. Macrocast will be taking a short break for the July 4th holiday, returning the following week for more updates.

Tentative Calm in the Markets Amid Global Tensions

Fri, 20 Jun 2025 12:00:00 -0400

This week on Macrocast, the team explores the eerie calm that has settled over financial markets amid escalating tensions in the Middle East. They break down the latest central bank meetings, analyze recent inflation data, and assess the current state of the housing market. The episode concludes with a deep dive into the reconciliation bill moving through Congress, including a discussion of tax provisions.

Conversation with The Washington Post’s Andrew Ackerman

Fri, 13 Jun 2025 15:00:00 -0400

In this week's episode of the Macrocast, the team welcomes financial regulations and Federal Reserve reporter Andrew Ackerman from The Washington Post to discuss the state of the economy, from trade and tariffs to the latest inflation data. Tune in for insights on policy decisions the Fed is navigating, the complex relationship between President Trump and Fed Chair Powell, and key congressional and financial developments to watch in the coming days.

Unpacking the Latest Job Market Data and Tariff Tensions

Fri, 06 Jun 2025 12:00:00 -0400

This week on Macrocast, the team examines the May jobs report. They also discuss U.S. and China trade tensions, changes in currency value, and what's to come for the One Big Beautiful Bill Act. Additionally, they look at the fallout between President Trump and Elon Musk and its implications for the GOP.

Trade Updates and Policy Insights on the Macrocast

Fri, 30 May 2025 16:00:00 -0400

In this episode of Macrocast, the team dives into the latest developments in trade, market trends, and the "One Big Beautiful Bill Act." They also cover recent updates from the Federal Reserve, news from the mortgage industry, and ongoing discussions surrounding Fannie Mae and Freddie Mac.

Policy Moves and Market Reactions

Thu, 22 May 2025 17:00:00 -0400

It was a packed episode of the Macrocast this week. The team dug into the House-passed “Big Beautiful Bill" including the proposed $40K SALT cap deduction—a major win for House Republicans—and what could be in store as the Senate takes it up. With moderates wary of Medicare-related votes and fewer hardline conservatives on the Senate side, all eyes are on how the upper chamber responds.

From there, the conversation turned to markets: the relationship between investor focuses and deficits, the Treasury market’s volatility, and the quieter stock market response.

Rounding out the conversation: budget situation, market volatility, the impact on stocks, and a brief dive into crypto.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

Tariffs and Travel Discussion with John Dick

Fri, 16 May 2025 12:00:00 -0400

Friend of the Macrocast, John Dick of Civic Science returns. After a discussion about a busy week on tariff negotiations, highlighted by the pause on American and Chinese bilateral tariffs, the group analyzed the economic uncertainty being felt by U.S. consumers. The group also explored the expected busy travel and entertainment focused summer that many U.S. consumers are likely to take advantage of including the Pearl Jam tour! As usual, the team discussed other economic data, market reactions to the news of the week, and the status of negotiations in Congress to extend the expiring tax cuts.

For more about the hosts, please see below:

Forbes Tate Partners

Markets Policy Partners

CivicScience

Trade Deals and Tax Shifts

Fri, 09 May 2025 18:00:00 -0400

Today on Macrocast, the team analyzes President Trump’s trade deal with the UK and the latest developments in U.S.-China negotiations. They then shift focus to Capitol Hill, breaking down the latest movements in Congress, Speaker Johnson’s political challenges, and the Republican Party’s shifting approach to fiscal policy.

Policy Outlook with Trevor Hanger of Forbes Tate Partners

Fri, 02 May 2025 18:00:00 -0400

This week on Macrocast, Trevor Hanger of Forbes Tate Partners joins the team to unpack the latest economic data and what it means for markets and policymakers. The conversation covers tariff developments, GOP policy priorities, and President Trump’s proposed budget, along with a look at conversations surrounding state and local tax (SALT) deductions.

Fed Independence, Explained – A Deep Dive with James Bergin

Fri, 25 Apr 2025 12:00:00 -0400

This week on Macrocast, James Bergin, a Partner at Arnold & Porter and former Chief of Staff at the Federal Reserve Bank of New York, breaks down what Fed independence means—and why it matters. With recent comments from President Trump stirring debate, the team explores how the Fed fits within the government, its role in monetary policy and regulation, and executive power.

Consumer Caution and Trade Apprehension

Fri, 18 Apr 2025 12:00:00 -0400

This week on Macrocast, John Dick from CivicScience joins the conversation to share fresh insights on shifting consumer sentiment. The team explores signs of a consumer pullback amid declining confidence and tariff confusion. They also break down ongoing trade talks with Japan, new export controls and shipping fees targeting China, and President Trump’s escalating tensions with the Federal Reserve.

Taking Stock of the Tariff Fallout

Sat, 12 Apr 2025 11:00:00 -0400

This week on Macrocast, the team unpacks the latest developments in reciprocal tariffs. As markets whipsaw in response to major tariff shifts and an escalating trade war with China, they explore how Wall Street is searching for clarity and recent movements in the U.S. Treasury market. The episode also delves into the implications of the reconciliation bill in Congress.

Unpacking ‘Liberation Day’ with Trade Expert Tori Smith

Fri, 04 Apr 2025 12:00:00 -0400

The Macrocast team welcomes trade expert Tori Smith of Forbes Tate Partners to unpack President Trump’s latest tariff announcement, which imposes a sweeping set of new duties on foreign businesses that import goods into the United States. In this episode, we’ll explore how the new tariff regime may impact American consumers and businesses – and affect the broader American economy. We’ll also gauge the reaction on Capitol Hill and talk about the global response to the Trump administration’s actions.

What The Trump Administration's Impending Auto Tariffs Mean

Fri, 28 Mar 2025 12:00:00 -0400

With a new round of tariffs set to take effect, President Trump has declared April 2, 2025, as “Liberation Day.” But what does this mean for the U.S. economy and consumer sentiment, which already stands on shaky ground? Tune in as the Macrocast team breaks down the latest developments and what’s happening in Congress.

The Fed’s Dilemma and Global Economic Shifts

Fri, 21 Mar 2025 12:00:00 -0400

This week on Macrocast, the team breaks down the latest signals from the Federal Reserve as Chair Powell balances inflation concerns with tariff uncertainty. With the U.S. redefining its relationships abroad, the episode also examines how other major economies are responding, including Europe’s rollout of a stimulus package to navigate the shifting landscape.

The Road Ahead for the U.S. Economy

Fri, 14 Mar 2025 14:00:00 -0400

Are we heading toward a recession? That’s the key question the Macrocast team tackles this week with frequent guest John Dick from CivicScience. With early recession signals emerging, uncertainty may be more damaging than bad news, forcing consumers and businesses to adapt in real time to shifting policies. As the Fed grapples with stagflation concerns, Congress faces its own struggle over keeping the government funded.

Inside the Financial Shifts: Banks, Housing, and the Economy with Meredith Whitney

Fri, 07 Mar 2025 12:00:00 -0500

This week on the Macrocast, renowned financial analyst Meredith Whitney, CEO of Meredith Whitney Advisory Group, joins the team to break down key shifts in the economy, from the evolving role of home equity to growing concerns in the banking sector. With over 25 years of experience advising top financial leaders, Meredith shares insights on why major banks are pulling back from home equity lending, the impact of rising costs on homeownership, and broader market trends. The team also touches on tariff-driven market volatility and the latest developments in crypto. With potential financial shifts on the horizon, this episode unpacks what’s driving the markets and what it means for the future.

Learn more about Meredith Whitney Advisory Group at: Meredith Whitney - Macro and strategy investment research and advisory

Economic Tensions and Congressional Gridlock

Fri, 28 Feb 2025 12:00:00 -0500

In this episode, the Macrocast team unpacks the latest economic data, examining the disconnect between consumer sentiment and economic indicators. They break down President Trump’s escalating tariff rhetoric and debate whether tariffs are a genuine policy tool or a negotiating tactic. The discussion continues with a deep dive into the budget resolution process, the competing approaches between the House and Senate, and the challenges Congress faces in finalizing a budget.

Navigating Consumer Worries and Budget Battles Under the New Administration

Fri, 21 Feb 2025 13:00:00 -0500

This week on the Macrocast, John Dick from CivicScience joins the team to discuss the factors driving a decline in consumer sentiment. From economic uncertainty and tariff concerns to even egg prices, they unpack the anxieties facing Americans.

After an all-night ‘Vote-a-Rama’ in the Senate, they also explore the budget resolution process and the challenges facing both parties. The episode closes with a look at Walmart's earnings and the Fed’s outlook as the Trump administration moves forward with its agenda.

Budget Resolutions and Market Reactions

Fri, 14 Feb 2025 12:00:00 -0500

In today’s episode, the Macrocast team unpacks the latest updates on Congressional budget negotiations, providing insights into the House and Senate’s divergent approaches. The discussion also covers tax, entitlement, and tariff policy, with a focus on how this could impact treasury markets and inflation. The episode concludes with an overview of the Fed Chair’s recent remarks and the latest economic data from China.

Navigating the Banking Landscape with the Financial Services Forum

Fri, 07 Feb 2025 14:00:00 -0500

In this edition of the Macrocast, the team is joined by Financial Services Forum President and CEO Kevin Fromer. The Forum represents the eight largest financial institutions headquartered in the U.S., and the conversation provides insights into the regulatory landscape and challenges currently facing the banking industry.

The episode touches on policy, including Basel III Endgame measures and Fed stress tests. The discussion concludes with a look at the ongoing debates around debanking and an analysis of the latest market data.

Consumer Sentiment and Tariff Reactions

Fri, 31 Jan 2025 17:00:00 -0500

In today’s episode, the Macrocast team welcomes John Dick from CivicScience to break down where consumer sentiment is headed in 2025. They also analyze how the markets may react to Trump’s tariff policies and recent business earnings before concluding with a discussion on the Fed.

Navigating the New Administration: Tariffs, Crypto, and the Fed

Fri, 24 Jan 2025 12:00:00 -0500

This week on the Macrocast, the team breaks down President Trump’s first wave of executive orders and explores how proposed tariff policies could impact U.S.-Mexico-Canada trade relations. They also discuss how cryptocurrency regulations may unfold and examine how the Fed could respond to Trump’s economic agenda.

Market Data and Trump’s Economic Playbook

Fri, 17 Jan 2025 12:00:00 -0500

In today’s episode, the Macrocast team welcomes Trevor Hanger, Senior Vice President at Forbes Tate Partners, to discuss key market trends and policy developments. They examine inflation data, recent bank earnings, and the Fed outlook. The conversation then turns to President Trump’s potential first-day actions, including tariffs and their impact on executive and congressional power, before concluding with insights on confirmation hearings.

Global Power Shifts and the Future of U.S. Influence

Fri, 10 Jan 2025 12:00:00 -0500

In this episode, the Macrocast team is joined by global forecaster and author David Murrin. Using Murrin’s international relations theories as a framework for analysis, they take a macro-level view of the U.S. economy and its role in a shifting global order. The discussion explores whether the U.S. is in decline, the impact of global conflict—from the Middle East to Ukraine—and the role of debt. The episode concludes with insights from December’s job market data.

Kicking Off 2025: Speaker Showdown and GOP Priorities

Fri, 03 Jan 2025 12:00:00 -0500

This week on Macrocast, the team welcomes Democratic strategist Libby Greer and Republican strategist Frank Steinberg of Forbes Tate Partners. With a razor-thin GOP House majority, they analyze the Speaker vote, President-elect Trump’s 2025 policy agenda focused on immigration, energy, and tax policy, and how Democrats fit in. The conversation wraps up with a look at DOGE, Trump’s proposed government efficiency agency, and market trends.

Inflation Challenges and Budget Negotiations

Fri, 20 Dec 2024 12:00:00 -0500

In this episode, John Dick from CivicScience joins the Macrocast team to analyze the latest consumer sentiment, including solidified post-pandemic self-care trends and growing uncertainty about the long-term economic outlook. The discussion also covers inflation concerns heading into 2025 and the ongoing budget negotiations on Capitol Hill.

Inflation, Tariffs, and Tech Shifts

Fri, 13 Dec 2024 12:00:00 -0500

In this episode, the Macrocast team unpacks inflation data and explores the incoming Trump administration’s economic policy stance, including proposed tariffs and key administration appointees. They also provide insight into Big Tech during the transition period and discuss China’s monetary shifts amid fiscal challenges.

Shaping Policy and Markets: Jobs and Political Transitions

Fri, 06 Dec 2024 12:00:00 -0500

In this episode, the Macrocast team breaks down the latest jobs report and inflation metrics while analyzing key cabinet appointee picks and their market implications. They also examine the GOP’s narrow House majority and priorities for the first 100 days of the new Administration, focusing on tax policy and reconciliation.

Consumer Trends and Preferences with CivicScience's John Dick

Fri, 22 Nov 2024 12:00:00 -0500

In this episode, the Macrocast team welcomes John Dick from CivicScience to discuss how economic sentiments differ between Republicans and Democrats post-2024 election. They delve into recent company earnings and Black Friday trends, concluding with potential Treasury secretary picks for President-elect Trump.

Navigating Markets: Fed Autonomy, Inflation, and the Road Ahead

Fri, 15 Nov 2024 12:00:00 -0500

In this episode, the Macrocast team dives into the latest inflation data and explores the future of the Fed, with a particular focus on its autonomy under the incoming Trump administration. They also examine potential cabinet picks and the Senate’s confirmation process before discussing the future of crypto regulations. The conversation wraps up with an analysis of China’s economic outlook and federal funding for U.S. manufacturing.

2024 Election: Market Ripples and Policy Shifts

Fri, 08 Nov 2024 12:00:00 -0500

In this episode, the Macrocast guys analyze the aftermath of the 2024 election, including its impact on the bond and stock markets. They also explore the incoming Trump Administration's policy priorities, focusing on tariffs, taxes, and government spending. The conversation concludes with a discussion of the Federal Reserve and potential rate cuts.

Polling Deep Dive with Doug Usher from Forbes Tate Partners

Fri, 01 Nov 2024 14:00:00 -0400

In today's episode, the Macrocast team is joined by Doug Usher, a partner and head of the Insights and Analytics department at Forbes Tate Partners. They provided a comprehensive overview of polling ahead of the 2024 election and a snapshot of the latest market updates.

Insights on Consumer Sentiment and Election Polling with John Dick from CivicScience

Fri, 25 Oct 2024 17:00:00 -0400

In today’s episode, Markets Policy Partners' Brendan Walsh and John Fagan, along with Ed Hill from Forbes Tate Partners, are joined by John Dick, CEO and Founder of CivicScience, a survey and data company. Their discussion covered topics including consumer confidence, recent election polling and sentiment, and the job market and office policy.

The Election Economic Outlook with POLITICO’s Victoria Guida

Thu, 17 Oct 2024 16:00:00 -0400

In this episode, POLITICO’s Victoria Guida joins the Macrocast guys to delve into the current state of the U.S. presidential race as it heads into the final weeks. Victoria highlights how prediction markets have diverged from traditional polls, raising questions about their accuracy. The conversation also covers the impact of potential economic policies on markets, particularly how investors are reacting to the candidates' stances on tariffs, energy production, and trade.

Economic Indicators and the 2024 Election

Fri, 11 Oct 2024 14:00:00 -0400

In this episode, Brendan Walsh and John Fagan from Markets Policy Partners and Ed Hill of Forbes Tate Partners break down the latest Consumer Price Index data and updates from they fed. They also delve into key developments in the rapidly approaching 2024 election and the economic agendas of the candidates.

Job Numbers, Oil Prices, and Geopolitical Updates

Fri, 04 Oct 2024 12:00:00 -0400

In today's episode, Brendan Walsh and John Fagan of Markets Policy Partners, along with Ed Hill from Forbes Tate Partners, discussed the latest job numbers and oil prices. They also explored geopolitical issues, including the turmoil in the Middle East, new economic data from the European Union, and political developments in East Asia.

China Economic Outlook with Logan Wright from Rhodium Group

Wed, 02 Oct 2024 12:00:00 -0400

In this week's episode, Markets Policy Partners' Brendan Walsh and John Fagan and Forbes Tate Partners' Ed Hill spoke with Rhodium Groups' Logan Wright, a leading expert on China policy. The discussion offers a comprehensive analysis of China's economy and explores key foreign policy issues, including the Belt and Road Initiative.

Interest Rate Cuts, the Government Funding Deadline, and International Monetary Policy

Fri, 20 Sep 2024 19:00:00 -0400

In today’s episode, Markets Policy Partners Brendan Walsh and John Fagan, along with Forbes Tate Partner Ed Hill, discussed the implications of this week's interest rate cuts, the looming government funding deadline, international monetary policy, and exchange rates.

Fed Insights with Neil Dutta from Renaissance Macro

Fri, 13 Sep 2024 16:00:00 -0400

This week we are joined by Neil Dutta, Chief Economist of Renaissance Macro, to discuss his views on what the Fed will do next week.

Market Indicators and Economic Policy Agendas

Fri, 06 Sep 2024 14:00:00 -0400

In this week's episode, Brendan Walsh and John Fagan of Markets Policy Partners, along with Ed Hill from Forbes Tate Partners, discuss the potential for a recession and what the yield curve indicates for the markets. They also explore the competing economic policy agendas of the Trump and Harris campaigns and preview the upcoming presidential debate.

Labor Market Dynamics, NVIDIA Earnings, and Economic Agendas

Thu, 29 Aug 2024 16:00:00 -0400

In this week's episode, Markets Policy Partners Brendan Walsh and John Fagan and Forbes Tate Partner Ed Hill discussed the labor market, NVIDIA earnings, and market sentiment. They also spoke about potential economic priorities under a Harris vs. Trump administration, including the future of tax policy.

Fed Chair Remarks and the Upcoming Election: What's Next for the Federal Reserve?

Fri, 23 Aug 2024 17:00:00 -0400

In this week's episode, Markets Policy Partners' Brendan Walsh and John Fagan, along with Forbes Tate Partner Ed Hill, were joined by SWF Insights Inc. Founder Brai Valerio-Esene. During their discussion, they touched on Federal Reserve Chair Jerome Powell's recent remarks, the different economic agendas presented by Donald Trump and Kamala Harris, and the future of the Federal Reserve.

Fed Gets Good News on the Inflation Front

Fri, 16 Aug 2024 10:00:00 -0400

This week Ed and Brendan discuss the latest inflation data and what that means for the Fed and markets. We also discuss the latest economic agenda out of the Harris campaign.

Market Tremors: How Election Shake-Ups and Fed Rates are Shaping the Economic Forecast

Fri, 09 Aug 2024 16:00:00 -0400

In this week’s episode, Markets Policy Partners' Brendan Walsh and Forbes Tate Partners' Ed Hill discuss the latest developments in the 2024 election, including Vice President Harris’s decision to select Minnesota Governor Tim Walz as her running mate and the upcoming Democratic National Convention. They also examine the Fed’s decision to hold rates, fluctuations in the stock market, and forecasts for the future.

Unexpected Jump in Consumer Sentiment with Civic Science Founder John Dick

Fri, 02 Aug 2024 10:00:00 -0400

This week we get our monthly update on the ESI from John Dick of Civic Science where the results showed a surprise jump in sentiment. We also discuss the latest jobs data, earnings and the Fed

The Road Ahead for Harris Campaign With Elizabeth Greer

Fri, 26 Jul 2024 12:00:00 -0400

This week John, Ed and Brendan are joined by Forbes-Tate Partner Elizabeth Greer to discuss Vice President Harris' nascent campaign plans for president and the political landscape in the months ahead. We finish with a discussion of the latest corporate earnings and macro data and how it will factor into the Fed's decision next week.

State of the Election and Implications on the Fed

Fri, 19 Jul 2024 11:00:00 -0400

This week John, Ed and Brendan discuss the RNC Convention, possibility of President Biden drop out of the race and the tough decisions that face the Fed at their July meeting.

Perspectives on the Fed with Ed Hill

Fri, 12 Jul 2024 15:00:00 -0400

This week we are joined by Ed Hill of Forbes-Tate to discuss recent inflation data, the Fed and Chair Powell's Humphry-Hawkins testimony to Congress.

Perspectives on the US Consumer from John Dick of Civic Science

Fri, 28 Jun 2024 14:00:00 -0400

On this episode of the MPP Macrocast, John and Brendan are joined by our frequent guest, the always insightful John Dick of Civic Science, to discuss the US consumer trends he is observing in their surveys. John identifies some canaries in the coalmine for the retail outlook, reviews the impact of the election on buyer sentiment, discusses his expectations for the back half of 2024, and explains why Amazon Prime Days in July will be such pivotal indicator – follow any of these links to listen!

Political and Policy Risk with Meghan Pennington

Mon, 24 Jun 2024 15:00:00 -0400

On this episode of the MPP Macrocast, John and Brendan are joined by Meghan Pennington, longtime friend of the pod and founder of Forest Drive Strategic Partners, a public affairs consultancy based in Washington DC. Megan discusses her views on the impending US election and how she is framing the race for her clients, as well as the policy ramifications of either a Biden or Trump victory. She closes with some social commentary and a glimmer of hope around the edges of the dark clouds

Markets and Geopolitics with Eitan Danon from Chainalysis

Fri, 14 Jun 2024 10:00:00 -0400

On this episode of the MPP Macrocast, John and Brendan are joined by Eitan Danon, the Manager of Investigations for Chainalysis, a blockchain intelligence company. Eitan shares his views on the economic and market ramifications of geopolitical fragmentation, turbulence, and uncertainty as the “Axis of Upheaval” confronts the Western powers. Whether China’s designs on Taiwan, the Israel/Gaza war, Russia’s invasion of Ukraine, or the upcoming US election, there is no shortage of global political and security topics to discuss. Please tune in for Eitan’s rare insights!

On the Road from Ukraine to Washington with Journalist Jack Wright

Wed, 05 Jun 2024 11:00:00 -0400

Jack Wright joins us (Washington Post, Australian Review, Intersection Podcast) to discuss his recent trip to Ukraine. We then delve into the upcoming US election and discuss the current state of China.

Markets Policy Partners Macrocast - Fed Inflation, 2024 Election, and China

Fri, 31 May 2024 10:00:00 -0400

In today's episode, Brendan Walsh and John Fagan discussed the latest inflation numbers and the Fed before diving into the state of play in China. They closed out the conversation with the potential market effects of the 2024 election cycle.

Minutes Reprice Fed Rate Cuts

Fri, 24 May 2024 09:00:00 -0400

We discuss the recent data and Fed Minutes and the repricing of rate cuts

Markets Policy Partners Macrocast: A Conversation with Logan Wright, Director of China Market Research at Rhodium Group

Fri, 17 May 2024 11:00:00 -0400

On this episode of the MPP Macrocast, we are joined by Logan Wright, Partner and Director of China Market Research at Rhodium Group. Logan provides his insights on China’s growth outlook, the troubled property sector, fiscal matters, Beijing’s manufacturing-led stimulus push, the wobbly renminbi, the outlook for US-China relations and tariffs, and risks around Taiwan and China’s geopolitics in general. Don’t miss this exceptionally important episode for anyone trying to understand China better.

Markets Policy Partners Macrocast: State of the Consumer with John Dick of CivicScience

Fri, 10 May 2024 10:00:00 -0400

This week we are joined by John Dick of CivicScience to dig into their extensive survey data to gain insights into the state of the US consumer and the economy overall. See their work at www.civicscience.com

Markets Policy Macrocast: A Conversation with Justin Bernier, Co-Founder of National Security Index

Fri, 03 May 2024 09:00:00 -0400

On this week's Macrocast, we are joined by Justin Bernier, Co-Founder and CEO of National Security Index to discuss how he has structured his unique investment products to align with US geopolitical interests. Justin also provides insights at the intersection of geopolitics and markets more broadly. To learn more about National Security Index, follow this link:

https://www.nationalsecurityindex.com/

And to access their latest report on how leading asset managers and indexes funnel billions of dollars to CCP and PLA-linked companies:

https://prosperousamerica.org/cpa-report-details-how-blackrock-and-msci-funnel-billions-of-u-s-investor-capital-to-ccp-and-pla-linked-companies/

Markets Policy Partners Macrocast: Fed, Consumer, Inflation and Earnings with Matt Del Orfano

Fri, 26 Apr 2024 11:00:00 -0400

On this week's Macrocast we are joined by Matt Dell Orfano to discuss the recent macro data and its implications for the Fed and global markets. We also dig into the recent corporate earnings season and close with risks on the horizon that might not be paid enough attention.

Markets Policy Partners Macrocast: Inflation Creates a Sticky Situation for the Fed

Fri, 12 Apr 2024 16:00:00 -0400

On this week's Macrocast John and Brendan discuss the latest inflation figures and what that means for the Fed as well as the kickoff of first quarter earnings season.

Markets Policy Partners Macrocast: Supply Chain Discussion with Loren Smith from Skyline Policy Risk Group

Tue, 09 Apr 2024 12:00:00 -0400

In this episode of the MPP Macrocast, we are joined by Loren Smith from the Skyline Policy Risk Group to discuss the key stressors impacting global supply chains – Red Sea attacks, metastasizing conflict in the Middle East, the Key Bridge disaster in Baltimore, and the earthquake in Taiwan. We parse their impact, and then turn to the interrelated issues of US-China trade friction and the ramifications of the upcoming election for trade.

Markets Policy Partners Macrocast: Political Landscape with Declan Garvey from the Dispatch

Tue, 26 Mar 2024 15:00:00 -0400

This week we are joined by Declan Garvey from the Dispatch to discuss the overall political and economic landscape facing the country up to the election and discuss the current state of the news industry.

Markets Policy Partners Macrocast: Survey Says! A deep dive into consumer attitudes with John Dick of Civic Science

Fri, 15 Mar 2024 16:00:00 -0400

In this installment of the MPP Macrocast, we are joined by our regular guest, the always insightful John Dick of Civic Science, to parse the signals about consumer sentiment from their Economic Sentiment Index (ESI) https://info.civicscience.com/economic-sentiment-index

Markets Policy Partners Macrocast: US Dollar Dominance: Durable or Doubtful? A conversation with Steve Kamin (AEI) and Mark Sobel (OMFIF)

Thu, 07 Mar 2024 15:00:00 -0500

This week we are joined with Steve Kamin (AEI) and Mark Sobel (OMFIF) to discuss their paper on the future of the US dollar. We also discuss their outlook on the economy and the Fed.

Markets Policy Partners Macrocast: A Higher for Longer Fed

Fri, 01 Mar 2024 12:00:00 -0500

This week we are joined by Brai Valerio-Esene, Founder, SW4 Insights. We go through the recent inflation data and its limitations. Finally, the crew discusses the outlook for the economy and when to expect the first rate cut.