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Podcast: The Penta Podcast Channel
Episode: Macrocast: To hike or not to hike, that is the question
Description: On today's Macrocast, Ylan, John Fagan, and Brendan are joined by John Dick of Civic Science. The group chats about the latest consumer data from the ESI, which indicates that consumers might be "coming back to reality" as some are trading down for purchase categories like going out to eat. Despite the decrease in the overall consumer sentiment in the ESI reading, the group notes that some retailers had very positive second quarter earnings calls.
Later in the episode, they also discuss the minutes from the latest FOMC meeting, the biggest challenges currently impacting China's economy, and S...