Show Notes
Mark and Marisa are joined once again by colleagues Chris Lafakis and Juan Pablo Fuentes to discuss the past week’s developments in the Middle East and whether the forecast has changed as a result. Matt Colyar joins to review the week’s release of inflation data, which show stickiness in inflation prior to the $40 jump in oil prices since the start of the year. After a review of weak reports on GDP, spending and confidence, Chris and Juan Pablo discuss how the jump in oil prices and the unprecedented supply shock will affect consumer spending and growth. The group posits their forecasts for how and when the conflict may end.
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John Leer, Chief Economist at Morning Consult, joins Inside Economics to discuss the mood of the consumer. John shares some interesting nuggets from Morning Consult’s survey, including differences in sentiment across regions, how consumers are feeling about AI and data centers, the job market, the War in Iran, and what this may mean for the upcoming Midterm Elections. Matt Colyar also makes an appearance and gives the group the run-down of this week’s CPI and PPI reports, which both came in hotter than expected. But first, Mark quizzes the Millennials in the group on their knowledge of Gen Z slang words.
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