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Podcast: The Penta Podcast Channel
Episode: Macrocast: The retail hangover continues
Description: On today's Macrocast, Bryan, John, and Brendan host John Dick from Civic Science and Ylan Mui, a managing director at Penta. Ylan just joined Penta by way of CNBC, where she covered economic and regulatory policy for six years. The group discusses the latest economic sentiment index, which shows consumer optimism ticking down from the record high two weeks ago and more evidence of a "hangover" in spending following the post-COVID surge. Plus, the group looks ahead to Federal Reserve Chair Powell's upcoming testimony before the Senate Banking Committee on Tuesday, where Democrats like Sherrod Brown are likely to p...