Moody's Talks - Inside Economics (Moody's Analytics)

Mark Donovan founder of the Denver Basic Income Project joins Inside Economics to discuss some early results from a guaranteed income program that provides direct cash assistance to unhoused individuals without conditions. Mark responds to a range of criticisms often levied around such efforts. And you don’t want to miss how Tesla is connected to the start of the project’s funding. 

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

With Marisa out on assignment, Dante joins Mark and Cris to discuss the latest U.S. employment report. After several volatile months due to hurricanes and labor strikes, the job market found its footing in November, with payroll growth reported across most industries. The team considers the report's implications for monetary policy and the long-run interest rate outlook. With all of the policy unknowns, they conclude that the only certainty is uncertainty.

Guest: Dante DeAntonio, Senior Director of Economic Research, Moody's Analytics

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

No, we aren’t referring to President Trump’s inauguration.  But we do chat about the implications of President Trump’s economic policies for Europe with Cosimo Pacciani, Head of Research for Poste Italiane and Moody’s Analytics own Gaurav Ganguly, chief EMEA economist.  Inflation and interest rates were also top of mind.  If, after listening to the podcast, you know what we are referring to, let us know. The first person who gets back to us with the correct answer will win a cowbell. 

Guests: Cosimo Pacciani - Head of Research for Poste Italiane, Matt Colyar - Assistant Director economics of Moody's Analytics, Guarav Ganguly - Chief EMEA economist, Moody's

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' and BlueSky @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Sharmin Mossavar-Rahmani, chief investment officer for Wealth Management at Goldman Sachs, join Mark, Cris and Marisa to cut through the uncertainty over the banking crisis and China’s prospects. The worst of the banking crisis appears to be over, but China’s economic problems are only beginning.

For more about Sharmin Mossavar-Rahmani click here

For more on Goldman Sachs Investment Strategy Group 2023 Outlook click here

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Marisa DiNatale, Senior Director at Moody's Analytics, joins Mark, Ryan, and Cris and they recall their own favorite and least favorite forecast of all-time. They also discuss different approaches to forecasting, the meaning of being accurate, and who is a hedgehog or fox.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Gaurav Ganguly, Senior Director of Economic Research at Moody's Analytics, joins the podcast to focus on the Russia-Ukraine conflict and what it means for the global economy.

Full episode transcript.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Chad Moutray, Chief Economist of National Association of Manufacturers, joins the podcast to discuss manufacturing, supply chains, and labor market shortages. Mark is on a hot streak in the stats game.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

The Inside Economics podcast welcomes Jason Dorsey to talk about the generations that characterize the American population. The conversation takes up what event(s) define each generation, from 9/11 for the Millennials to COVID for Gen Z, and then turns to each generation’s traits and behaviors. The podcast was generationally well-balanced, with Mark the aging Boomer, Marisa and Cris the skeptical Xers, and Jason the creative Millennial. 

Guest: Jason Dorsey - President of Cener for Generational Kinetics

For more on Jason Dorsey: 

LinkedIn: @JasonDorsey 

Instagram: @Jason_Dorsey 

The Center for Generational Kinetics   

JasonDorsey.com

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark, Ryan, and Cris discuss the latest economic statistics in great detail.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

After congratulating the Philadelphia Eagles on their dominant Super Bowl win, the Inside Economics team breaks down the week’s inflation data. Moody’s Analytics colleague Matt Colyar joins to help unpack the details behind January’s hotter-than-hoped-for CPI and then the group discusses whether their outlooks for 2025 have changed. Predictably, this evolves into a discussion about tariffs. Finally, they play the numbers game. Objectively, Marisa’s number was best.

Click here to take the most recent Business Confidence Survey

Guest: Matt Colyar - Assistant Director, Moody's Analytics

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' and BlueSky @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark, Ryan and Cris welcome colleagues, Marisa DiNatale and Dante DeAntonio, to dig deep into the July U.S. employment report. They also discuss what the new data tells us about a recession, productivity and what it means for the Federal Reserve. 

Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis @MiddleWayEcon for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Nick Bunker from Indeed joined the podcast to break down July’s surprisingly weak employment report. The team put forward their favorite interjections before breaking down the report into causes for concern, potential measurement issues and (a few) reasons for cautious optimism. The discussion turned to the “Sahm Rule” as the group pondered whether the recent rise in the unemployment rate is signaling a recession.  Mark and Marisa both claimed victory in the Statistics Game before the podcast ended with the team putting forward their current recession probabilities. 

(4:00) July Employment Report  

(22:58) Labor Market Issues

(51:00) Stats Game

(1:02:50) Recession Risks

Today's Guest: Nick Bunker, Director of North American Economic Research at Indeed

Follow Nick Bunker: @Nick_Bunker

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Philipp Carlsson-Szlezak, Boston Consulting Group’s Global Chief Economist, joins the Inside Economics team to share his views on the economy and discuss his newly published book. He makes the case that macroeconomic threats are intensifying and can no longer be ignored by decisionmakers. He also provides a nifty framework for how to assess the seriousness of these threats and not get caught up in the doom and gloom that often characterize them.

Today's Guest: Philipp Carlsson-Szlezak - Global Chief Economist, Boston Consulting Group, 

Click here to learn more about Philipp Carlsson-Szlezak

Click here for Philipp Carlsson-Szlezak's book

Guest Host: Matt Colyar - Assistant Director, Moody's Analytics

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Aaron Klein, Senior Fellow in economic studies at Brookings Institute, joins Mark, Cris, and Ryan to discuss the current state and future of crypto currencies.

Recommended Reads:

Natural Disasters From Coast to Coast

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

In this episode, we discuss U.S. retail sales and consumer and business confidence. The big topic is inflation, where we debate the drivers and outlook for U.S. inflation over the next several years. We also reveal our favorite leading inflation indicator, including olive oil.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

In this episode of Inside Economics, our weekly podcast, Bernard Yaros, Economist at Moody's Analytics, joins Mark Zandi and the Moody's Analytics team to discuss fiscal policy, debt and deficits. We also discuss this weeks data, including inflation, lumber prices, tax refunds and the CNN/Moody's Analytics back-to-normal index.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark and Cris are joined by Dante and Michael Strain, Director of Economic Policy Studies at the American Enterprise Institute.  Dante kicks things off with a detailed summary of the stronger than expected U.S. employment report for September. Buoyant wage growth and upward revisions to July and August’s numbers confirm that the economy remains healthy.  The discussion then pivoted to the presidential election with Michael making a strong case for status quo economic policies and divided government.

Check out Michael's Strain's Book: The American Dream Is Not Dead

Guest: Michael R. Strain - Director of Economic Policy Studies, American Enterprise Institute (AEI)

Guest: Dante DeAntonio, Senior Director of Economic Research, Moody's Analytics

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark Zandi and team discuss interest rates, 10-year treasury yield, inflation, monetary policy, and when we can expect to get back to full employment.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark and Marisa welcome third time returning guest Aaron Klein, Senior Fellow of Economic Studies at the Brookings Institute to discuss the recent bank failures. They converse and debate about how things went so badly off the rails, the government’s response and what could have been done differently, and the implications for the Fed’s interest rate decision next week.

For more on Aaron Klein, click here.

For the full transcript, click here.

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Adam Ozimek, Chief Economist at the Economic Innovation Group, joins the podcast to discuss his latest proposal to reform and replace the high-skilled immigration program in the U.S. (better known as H-1B). In addition to immigration policy, the group discusses remote work, the softening of recent economic data, and the prospects for the year ahead. Finally, the group goes around the horn with its recession probability for the next 12 months.

Guest: Adam Ozimek – Chief Economist of the Economic Innovation Group

Adam Ozimek's research on high skilled immigration: https://eig.org/exceptional-by-design%20/

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X', BlueSky or LinkedIn @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

The looming UAW strike is top of mind, and no one better to talk to about how it may play out and what it means for the economy than Jonathan Smoke of COX Automotive and our own vehicle industry expert, Mike Brisson.  Bernard Yaros also joins the podcast to talk about the consumer inflation report.  Mark and Cris agree that while the current economic numbers look good, there’s plenty to worry about.

For more from Jonathan Smoke, click here

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Diane Swonk, chief economist of KPMG returns to discuss fragilities in the financial system and the impact on credit availability and the economy. She shares her view that a meaningful recession is dead ahead. We also discuss the Fed’s meeting earlier this week and their decision to not pause rates given the banking system turmoil.

For more on Diane Swonk, click here

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

The economy is performing about as well as could be expected. Growth is resilient, inflation is moderating, and unemployment is low and stable. It appears increasingly likely the economy will avoid a recession. But having said this, the Federal Reserve’s aggressive rate hikes are weighing heavily on the financial system and economy. To avoid a recession, nothing else can go wrong. In this podcast, Mark, Cris and team consider what could go wrong. 

For the full transcript, click here

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

The Inside Economics team takes shelter from a tornado (true story), and Mark Calabria, senior advisor to the Cato Institute and former director of the Federal Housing Finance Agency, describes the FHFA’s efforts to provide shelter to the housing and mortgage finance markets during the pandemic. His new book “Shelter from the Storm,” is a fascinating telling of that difficult period.

For more on Mark Calabria, click here.

For more information on Mark Calabria's book "Shelter from the Storm," click here.

For the full transcript, click here.

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

The Inside Economics crew gathers in Southern California for an early morning reaction to the August jobs report, which they all concur is “pretty good”. They discuss the implications of slowing job growth for the Fed’s upcoming meetings as well as the presidential election. Finally, they all give their odds for a recession occurring in the next year—Cris remains the bear of the group.

Guest: Dante DeAntonio - Senior Director, Economic Research

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Economist Martin Wurm joins Inside Economics to discuss the Fed’s rate cut earlier this week, which was larger than the IE team expected. Martin talks about the decision behind the large cut and what it means for the future path of interest rates and the forecasts for the rest of the economy. The team discusses the rate decision’s impact on the housing market and mortgage rates and ends by playing a tough stats game.

Guest: Martin Wurm – Director-Economic Research, Moody's Analytics

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Betsey Stevenson, Professor of public policy and economics at the University of Michigan's Ford School, joins Mark, Ryan, and Cris to dissect the September employment report, the future of working from home, and Biden's economic agenda. Also, Mark has a podcast, a YouTube channel, and now a Twitter handle. Follow @markzandi.

View full episode transcript here.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

The stellar June CPI inflation report is top of mind for Mark, Cris and Bernard.  The report arguably couldn’t have been better, as the conversation makes clear.  The podcast then turns to a discussion of whether the worst is over for the troubled single family housing market with Lance Lambert, the real estate editor for Fortune. No one has a better pulse of the market than Lance.

For more on Lance Lambert, click here or follow him on twitter @NewsLambert

For the full transcript, click here

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark and Cris welcome two guests from Zelman & Associates, Ivy Zelman, CEO and Dennis McGill, Director of Research to discuss the state of housing and mortgage markets.

Full episode transcript

Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight. 

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

In this bonus episode Mark, Ryan, and Cris discuss all aspects of stagflation, including the definition, the causes, and what they're watching to assess the risk of this scenario.

Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis @MiddleWayEcon for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Brendan LaCerda (not Canadian) joins Mark, Cris & Marisa to discuss a plethora of topics, including the Canadian railroad workers strike, the revisions to the employment numbers, Jerome Powell’s Jackson Hole speech, and the Moody’s Analytics election model. The team takes a few thought-provoking listener questions on the housing market and the savings rate.  

Reach out to us with any questions or suggestions at helpeconomy@moodys.com

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark and Cris welcome Jonathan Smoke, Chief Economist of Cox Automotive and colleague Mike Brisson, Senior Economist at Moody's Analytics, to discuss the outlook in the vehicle market. 

Full episode transcript

For more from Jonathan Smoke, follow him on Twitter @SmokeonCars

Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight. 

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark, Ryan, and Cris breakdown this week's key economic data and developments in financial markets. They also go through the economic impact of Hurricane Ian and the policy errors that are unfolding in the U.K. and ironically where Mark records the podcast from.

Full episode transcript.

Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis @MiddleWayEcon for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark, Ryan, and Cris dissect the October U.S. employment report and what it says about the state of the economy, wage growth, and inflation. We knew there were Hunger Games and Squid Games. Now add the Zandi Games.

Full episode transcript here.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark and Cris welcome back colleague, Dante DeAntonio of Moody's Analytics, to analyze the November U.S. Employment Report. Is the jobs market moderating? Depends who you ask.

Full episode transcript.

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Bill Spriggs, Chief Economist of AFL-CIO, joins the podcast and shares his views that we need to be patient on inflation, it's not the result of an overly tight labor market but to temporary forces, and thus does not require aggressive Fed rate hikes. He also dissects President Biden's industrial policy.

Full episode transcript here

For more on Bill Spriggs, click here

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark, Ryan, and Cris do a deep dive into GDP. What is it? How is it measured and what are it's shortcomings?

Full episode transcript.

Kennedy notably outlined why he thought the gross national product was an insufficient measure of success.[Note 1] He emphasized the negative values it accounted for and the positive ones it ignored:[6]

Even if we act to erase material poverty, there is another greater task, it is to confront the poverty of satisfaction - purpose and dignity - that afflicts us all.

Too much and for too long, we seemed to have surrendered personal excellence and community values in the mere accumulation of material things. Our Gross National Product, now, is over $800 billion dollars a year, but that Gross National Product - if we judge the United States of America by that - that Gross National Product counts air pollution and cigarette advertising, and ambulances to clear our highways of carnage. It counts special locks for our doors and the jails for the people who break them. It counts the destruction of the redwood and the loss of our natural wonder in chaotic sprawl. It counts napalm and counts nuclear warheads and armored cars for the police to fight the riots in our cities. It counts Whitman's rifle and Speck's knife, and the television programs which glorify violence in order to sell toys to our children.

Yet the gross national product does not allow for the health of our children, the quality of their education or the joy of their play. It does not include the beauty of our poetry or the strength of our marriages, the intelligence of our public debate or the integrity of our public officials. It measures neither our wit nor our courage, neither our wisdom nor our learning, neither our compassion nor our devotion to our country, it measures everything in short, except that which makes life worthwhile. And it can tell us everything about America except why we are proud that we are Americans.

If this is true here at home, so it is true elsewhere in world.

Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight. 

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Elaine Buckberg, Chief Economist of General Motors, joins Mark, Ryan, and Cris to discuss the vehicle industry. They breakdown what is going on with vehicle prices, supply chains, and the outlook for electric vehicles.

Full episode transcript

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

The March 2024 jobs report was picture perfect. Cris thought he had found a blemish in the numbers, but on closer inspection, not so much. Dante and Marisa explained how the economy could create so many jobs without fanning wage and price pressures. Think foreign immigration. And like stock investors, Mark found plenty to like in the report. 

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

The August jobs report couldn’t have been much better.  Dante and Cris called it a good report, while Mark and Marisa thought it was a VERY good report.  Either way, the report has soft landing written all over it.  In standing with the good cheer over the jobs numbers, the group recounted their favorite music. Some surprises there.

For the full transcript, click here

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

The Q4 GDP Report has been released and Mark, Cris, and Marisa analyze the weirdness surrounding the data. Colleague, Gaurav Ganguly, joins the podcast to give a European perspective and Mark continues his domination in the statistics game.

Full episode transcript

To learn more about Moody's Analytics Summit 2023 & register, click here.

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Robert Dietz, Chief Economist of the National Association of Home Builders, joins Mark Zandi, Marisa DiNatale, and Cristian deRitis to discuss the outlook for mortgage rates, home sales, and construction activity.  The team delves into the immigration and demographic trends affecting housing demand along with the 5 L's (Laws, Labor, Land, Lending, and Lumber) limiting homebuilding today.  Rob's quoting of Tolstoy catches everyone off guard while the wide-ranging discussion made it difficult for the team to come up with a clever podcast title so we took a cue from Friends.

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Nouriel Roubini, Professor Emeritus of Economics and International Business at New York University Stern School of Business, joins the podcast to discuss the U.S. and Global economic outlook and the threats of stagflation. 

Full episode transcript

For more from Nouriel Roubini, follow him on Twitter @Nouriel. 

Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight. 

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark, Cris and Marisa weigh whether or not to change the forecast for the Fed funds rate and dig deep to play the statistics game. Later they are joined by Professor Glenn Mueller of the University of Denver to talk all things commercial real estate. Professor Mueller ranks the segments of the CRE market from worst to best performing and explains why the legalization of marijuana has disrupted the retail market. 

For more on Glenn Mueller, click here

For the full transcript, click here

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

John Leer, Chief Economist from Morning Consult and frequent Inside Economics guest, joins the team to discuss the past week’s slew of (mostly) very good economic data. John discusses the latest consumer sentiment surveys and why they have diverged so sharply from observed consumer behavior. He also talks about changing expectations for the upcoming Presidential election and Senate races in light of the past week’s political events. 

Today's Guest: John Leer, Chief Economist of Morning Consult

Follow John Leer on LinkedIn

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark, Ryan, and Cris discuss the November consumer price index. The big topic is whether stock prices, housing, and crypto are in the midst of a bubble.

Full Episode transcript.

Slides referenced in the episode can be found here.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

The fast approaching federal government shutdown is top of mind on this week’s podcast. Mark and Cris consider how the shutdown may play out and the economic consequences. Two other colleagues, Steve Cochrane and Stefan Angrick, then join the conversation to assess the all important Chinese and Japanese economies. Are the economic fortunes of these two massive economies flip-flopping?

For China and Japan: Facing History, a book outlining the strained historical relationship between these two countries, click here

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

The Inside Economics team assesses the inflation statistics, and why there is no going back to the where prices were prior to fallout from the pandemic and Russian war in Ukraine. And while inflation has largely been quelled, President-elect Trump’s tariff, immigration and other policies threaten to fan inflation anew.  There is also the stats game and listener questions.

Guest: Matt Colyar - Assistant Director, Moody's Analytics

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark, Ryan, and Cris welcome Gene Seroka, Executive Director of the Port of Los Angeles, to discuss current global supply chain conditions and economic implications.

Full episode transcript

Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight. 

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark Zandi and team discuss the recent jobs report, bubbles and other aspects of the economy.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Jim Parrott at Urban Institute, joins Mark Zandi and the Moody's Analytics team to discuss the state of the U.S. housing market and the supply issues its facing. We also discuss this week's key economic data. 

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark, Ryan, and Cris kick off this episode by discussing inflation and the latest CPI Report. For the second part, they welcome John Burns, CEO of John Burns Real Estate Consulting, to give a detailed U.S. housing market outlook, that includes the topics of mortgage rates, the potential threat of a housing crash, and the affordable housing shortage.

Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis @MiddleWayEcon for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark and Cris take stock of the economy’s performance so far this year, and consider what surprised them (think the job market), what they got right (think weaker house prices), and what they got wrong (think the banking crisis). They also look forward and discuss what people are overly considered about, and what they should be more worried about.  Where’s Marisa?

For the full transcript, click here.

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Dante joins the podcast to break down the June employment report. While everyone agreed that the report was mostly good, concerns remain around the concentration of job gains and the slowdown in hiring. With job growth moderating and the unemployment rate edging higher, the team argues that the time is now for the Fed to start cutting rates. 

Link to survey

Guest Hosts: Dante DeAntonio - Senior Director, Moody's Analytics

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

John Toohig, head of wholesale trading for Raymond James makes a return appearance on Inside Economics. He last joined us in the wake of the banking crisis this past March, and made the case that the banking system while bowed would not break. He was right.  Join us to hear what John is now saying about the system, loan growth and quality, and what it all means for the Fed and economy.

For more on John Toohig, click here

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Daniel Rosen, founder of Rhodium Group, joins Mark, Ryan, and Cris to discuss all things China. Full episode transcript can be found here.

Recommended Reads 

Deng Xiaoping and the Transformation of China, by Ezra F. Vogel,  https://www.amazon.com/Deng-Xiaoping-Transformation-China-Vogel/dp/0674725867.

Japan and China, Facing History, by Ezra F. Vogel,  https://www.amazon.com/s?k=china+and+japan+facing+history&i=stripbooks&crid=BEU5K0MDV8FW&sprefix=china+and+japan%2Cstripbooks%2C178&ref=nb_sb_ss_ts-doa-p_2_15

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Jonathan Smoke, chief economist of Cox Automotive and colleague Mike Brisson join Mark and Cris to discuss what’s going on in the vehicle market. After a rundown on this week’s inflation stats we discuss prospects for vehicle prices, sales, production, and the implications of tighter underwriting and weaker credit quality in the auto loan market. We also take up the tough new emission standards and what they mean for EV adoption.

Full episode transcript

For more on Jonathan Smoke,  click here.

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Robert Reich, UC Berkley professor and former Labor Secretary under President Clinton, joins the Inside Economics podcast to take a retrospective look at economic policies extending back to Clinton that ultimately contributed to President Trump’s election, and a prospective look at where the president is taking policy and what it means for democracy and the economy. His advice: batten down the hatches and buckle up

Guest: Robert Reich, Professor at UC Berkley and former U.S. Secretary of Labor

To keep up to date with Robert Reich: https://robertreich.substack.com/

To learn more about Robert Reich's nonprofit: https://www.inequalitymedia.org/ and https://www.imcivicaction.org/

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' and BlueSky @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark, Cris, and Marisa answer questions from their recent U.S. Economic Outlook webinar where they discussed that the economy will struggle in 2023 with halting growth and higher unemployment. Recession is a serious threat, but the Moody's Analytics baseline forecast-the most-likely outlook-holds that the economy will avoid a downturn.

Full episode transcript

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

The CrowdStrike debacle delayed this week's Inside Economics podcast but did not deter it. PNC Chief Economist Gus Faucher joined the team to talk about his outlook for the economy, the conduct of monetary policy and his thinking around the election and what it means for policy and the economy. Despite living in Pittsburgh now, it was good to hear he remains a Phillies fan.

Today's Guest: Augustine Faucher, Chief Economist - The PNC Financial Services Group

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Joe Kennedy, senior principal economist at MITRE, joins Mark, Ryan, and Cris to discuss the different schools of thought on anti-trust and market competition. They also discuss Big Tech and Big Pharma. 

View episode transcript here.

Recommended Reads

Ending Poverty: Changing Behavior, Guaranteeing Income, and Transforming Government, by Joseph Kennedy, https://www.amazon.com/Ending-Poverty-Guaranteeing-Transforming-Government/dp/074255872X.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Jared Bernstein, Member of the White House Council of Economic Advisers, joins the podcast to discuss the state of the U.S. economy, including the labor market, inflation, housing and recession risks.

Full episode transcript 

For more from Jared Bernstein, follow him on Twitter @econjared46. 

Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight. 

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

This week’s podcast focuses on the jobs report for December. The usual cast of characters discusses the job catch-up (not ketchup) in government and healthcare, and its implications. Everyone agreed that despite the considerable cross-currents in the numbers, it was a good report.

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark, Ryan, and Cris discuss the reasons to be concerned and optimistic about the U.S. economy in 2022.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

In the last Inside Economics podcast of the year, the team is joined by our colleague Justin Begley to discuss the incoming Trump administration’s seeming view that smaller government means stronger economic growth. Will the new government agency DOGE, a more relaxed anti-trust policy, and lighter regulation successfully lift the economy’s prospects?  A potentially politically charged question the team works to tackle analytically. How did we do?  And Happy New Year! 

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' and BlueSky @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Sheila Bair, Member of Banking Advisory Group and former Chair of the U.S. Federal Deposit Insurance Corporation, joins the podcast to discuss the policy response to the Great Recession, concerns about today's U.S. economy, including student debt. 

Student Loan Debt Calculator

For more from Sheila Bair follow her @SheilaBair2013

Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Inside Economics regular Dante DeAntonio joins the podcast to discuss the April jobs report. It was something of a surprise, but a happy one, at least for Dante and Mark.  The job market remains strong, but is cooling, opening the window just a bit for the Fed to begin cutting rates. But Cris and Marisa weren’t so sure, worried that the report may signal the start of a more serious slowdown.

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark and Cris welcome back Wayne Best, Chief Economist of Visa, to give the latest American Consumer outlook, including the topics of excess savings, spending behavior and categories, credit trends, and interest rates. They also discuss President Biden's student loan proposal.

Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis @MiddleWayEcon for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Amid mounting geopolitical tensions over the independence of Taiwan, Mark and team consider various scenarios regarding how this is ultimately resolved. China appears to be taking a long-term perspective in its goal to unify Taiwan with the mainland, and thus the most likely scenario assumes the current uncomfortable, but peaceful status quo.  But much darker scenarios can’t be ruled out.

For the full report on the China-Taiwan Scenarios, click here.

For the full transcript, click here

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

The U.S. economy surprised to the upside in 2023 as consumers shrugged off a number of headwinds. With inflation abating and the Federal Reserve facing less pressure to hike interest rates, recession risks are fading. But they can’t be fully discounted given high interest rates, geopolitical turmoil, declining savings, and political uncertainty. Slower growth with somewhat higher unemployment is the most likely outcome. Call it a slowcession.

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mike Brisson, Senior Economist at Moody's Analytics joins Mark Zandi  and the Moody's Analytics team to discuss the latest CPI report, labor market, homebuyer perceptions, and the vehicle market.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Tim Uy, Todd Metcalfe, and Jesse Rogers, all economists at Moody's Analytics, join Mark and Ryan to discuss global supply chains and commodity shortages. The focus is on issuances around semiconductors, lumber, and copper.

Full transcript can be viewed here. 

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

The team gives their impressions of Thursday night’s Presidential debate (hint: it involves existential dread). Then, the focus switches to the latest inflation data. Matt Colyar joins to give an overview of May’s encouraging PCE deflator report and what it implies for Fed policy. The episode closes with a roundtable discussion about the long and variable lags in which Fed policy effects the economy, and whether that means the central bank should start loosening policy now.

Guest Hosts: Matt Colyar - Assistant Director, Moody's Analytics

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark and Cris break down the October CPI Report and the latest on inflation. Colleagues, Dan White and Emily Mandel of Moody's Analytics, join the podcast to give a rundown of the midterm election results and the economic implications.

Full episode transcript

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Michael McNamara, Senior Principal for MasterCard, joins Mark, Ryan, and Cris to discuss the state of the American consumer and the impact of Omicron on spending. 

Full episode transcript

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Breitbart’s Economic and Finance Editor, John Carney, and the Urban Institute’s Jim Parrott return to Inside Economics to discuss the motivations and endgame of President Trump’s global trade war, tax and spending policy, and what will happen with Fannie and Freddie. The upshot of the conversation: the trade war isn’t going to end soon, and a recession is dead-ahead.

Guests: John Carney, Finance and Economics Editor at Breitbart & Jim Parrott, Nonresident Fellow at the Urban Institute  

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X', BlueSky or LinkedIn @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Ben Harris, former Assistant Secretary for Economic Policy at the US Treasury, summarizes the latest proposal for raising the debt ceiling. An acceptable deal seems to be within reach but remains politically uncertain even as the x-date draws near.  What are the alternatives if no deal is reached?  And what could be the consequences for bondholders, Social Security recipients, and other stakeholders?  Ben joins Mark and Cris in a round of the Inside Economics Statistics Game and provides his views on the future of retirement financing.

For more on Ben Harris, click here

For the full transcript, click here

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

In a rare Saturday morning taping of the podcast, Dante and Matt join Mark (where’s Cris and Marisa?) to disentangle the considerable crosscurrents in the May jobs report.  Surging immigration is complicating interpretation of the numbers. Next week’s all-important report on consumer price inflation was also the fodder of discussion, as was Mark’s Washington Post op-ed arguing the Fed should cut rates.

Guest Hosts: Matt Colyar - Assistant Director, Moody's Analytics, Dante DeAntonio - Senior Director, Moody's Analytics

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

The Inside Economics team breaks down the latest inflation data -- August’s consumer price index. They unpack the underlying components, focusing most of their attention on the confounding acceleration in shelter inflation. “Eggflation” makes a return to the podcast as well. Nevertheless, U.S. inflation has cooled considerably, and the Fed is set to start lowering their policy rate at next week’s meeting. What will that mean for U.S. consumers and businesses? Finally, Marisa takes some listener questions and Matt reads some (mostly positive) reviews of the Inside Economics podcast. 

Guest: Matt Colyar - Assistant Director, Moody's Analytics

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

The economy is booming, should President Biden get the credit? ...and what about his newly unveiled American Families plan? Mark Zandi and the Moody's Analytics team discuss.  

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark, Cris, and Marisa are joined by David Wessel, senior fellow in economic studies at Brookings, to dissect the CPI report, and discuss Fed policy, prospects for recession, and the looming threat of a debt limit breach.

Full episode transcript.

Come join us at the Moody’s Analytics Summit, March 5th-7th at the Phoenician in Scottsdale Arizona.

To learn more & register, click here:  Moody's Analytics Summit 2023. 

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Kamil Kovar, Economist at Moody's Analytics, joins Mark, Cris and Ryan to discuss U.S. and euro zone GDP along with wages. They also discuss Mark's cancelled flight and the big topic was monetary policy in the U.S. and euro zone. 

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark, Cris & Marisa are joined by Jobs Day regular Dante DeAntonio to discuss the June employment report. Job growth is slowing to script but wage growth is still stubbornly high. The group discusses full employment, the probabilities of recession in the next year and what this all means for the Fed’s upcoming meetings.

For the full transcript, click here

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Inside Economics welcomes back Mark Calabria, the former director of the Federal Housing Finance Agency. We discuss the current housing affordability crisis and what policymakers should do to address it, the FHFA’s response to the COVID-19 pandemic, and the risks posed by nonbank mortgage companies. The group also takes up the role of the Federal Home Loan Banks. Plenty of debate, and even some agreement.

For more info on Mark Calabria

For more info on Mark Calabria's book, Shelter from the Storm, click here

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Inside Economics welcomes Wayne Best, Chief Economist at Visa, back on the podcast to celebrate the 200th episode and talk about the state of the American consumer. Wayne discusses Visa’s Spending Momentum Index for the U.S. and other parts of the globe and what it means for low, high, and middle-income households. The conversation ends with a discussion of the Trump administration’s policy proposals and the implications for inflation and growth.

Guest: Wayne Best, Chief Economist at Visa

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' and BlueSky @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark and Cris welcome Ellen Hughes-Cromwick, Senior Resident Fellow for the Climate and Energy program at Third Way, to discuss her views on climate risk in the Inflation Reduction Act (IRA) and her outlook on the vehicle industry.

Full Transcript

Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis @MiddleWayEcon for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Diane Swonk, Chief Economist of Grant Thornton, joins Mark, Cris, and Ryan to discuss the current state of the American consumer. They focus on what factors are driving the holiday sales, excess savings, and an outlook on inflation and it's effects on consumers.

Full episode transcript can be found here.

Recommended Read

The Passionate Economist: Finding the Power and Humanity Behind the Numbers, by Diane Swonk, purchase a copy here.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Colleague, Gaurav Ganguly, Senior Director at Moody's Analytics, joins the podcast to examine the economic state of Europe and if they are headed into a recession. The gang also discusses the latest GDP release, recession odds, and beer of choice. 

Full episode transcript

Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

It’s jobs Friday, and Mark, Cris and Dante discuss the near perfect (Dante’s description) July employment report. Job growth remains strong, but it is moderating, and should help convince the Federal Reserve that its interest rates hikes are over.  The group identified a few nits in the numbers, but the report was so good Cris lowered his odds the economy will suffer a recession in the coming year.  

For the full transcript, click here

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Inside Economics considers the economy’s performance and prospects through the prism of the electric utility industry with the Chief Economist of American Electric Power, Dan White.  It was great to catch up with Dan, a former colleague, and get his insight on how American households and businesses are doing. He also ponders the transition to green energy.

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

After a brief rundown of the week's solid economic data, the Inside Economics team is joined by Moody’s Analytics colleague Martin Wurm to discuss the Fed’s recent pause and the path of monetary policy for the rest of the year. Martin breaks down how we should think about the equilibrium long-term interest rate and, in turn, the fed funds rate. The team also discusses the possible scenarios for the Fed this year, given the uncertainty around tariff and immigration policy. 

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X' and BlueSky @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Colleague, Emily Mandel, economist at Moody's Analytics, moderates this Q&A session to get to know Mark, Ryan, and Cris a little better.

Full episode transcript

Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight. 

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Nick Bunker, Research Director of Indeed, joins the podcast to share his views on the the U.S. labor market, including unemployment, job openings, quits, and remote work. Nick stumps Mark, Cris, and Ryan in the statistics game. 

Full transcript

Follow Nick Bunker on twitter @Nick_Bunker. 

Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis @MiddleWayEcon for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

The Inside Economics team is joined by Moody’s Analytics colleague Chris Lafakis along with Trevor Houser from the Energy & Climate practice at Rhodium Group for a discussion on how the Inflation Reduction Act promotes the U.S.'s transition to green energy. Podcast host Mark Zandi kicks things off with a quick overview of recent economic developments. The conversation then shifts to a discussion of the IRA’s incentives and tax provisions. Following a brief statistics game, the group explores the potential impact of the upcoming election on the green energy transition.

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

The group dives deep into the jobs report for May. They dissect the cross-currents in the numbers, and consider what the report means for financial markets, monetary policy and the macroeconomy. The economic fallout of the legislative deal to end the debt limit drama, including the end of the student loan payment moratorium, are also part of the discussion. And of course there is the statistics game.

For the full transcript, click here

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

The Inside Economics team is joined by the former chair of the White House’s Council of Economic Advisors, Jared Bernstein. Jared shares his evaluation of what has been a whirlwind few weeks for the global economy. With a healthy dose of humility, the group then debates where things might be headed in the U.S.-China trade war as well as which country they see as possessing more leverage. The group is also joined by Martin Wurm and Matt Colyar to discuss recent financial market volatility and the latest inflation data.

Guest: Jared Bernstein, Former Chair of the Council of Economic Advisors under Joe Biden

For more from Jared Bernstein, check out his Substack: https://econjared.substack.com/

Hosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s Analytics

Follow Mark Zandi on 'X', BlueSky or LinkedIn @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Duke finance professor Cam Harvey, the father of the yield curve as a prescient predictor of future recession, weighs in on what the curve is saying about recession in the coming year.  You will be surprised.  Mark and Cris were.

Full episode transcript here

For more on Cam Harvey, click here

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Mark, Ryan, and Cris dive deep into the history, the causes, and the main indicators of recessions.

Full transcript here

Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight. 

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Inside Economics welcomes Rob Fauber, President and CEO of Moody’s Corporation to the podcast.  He discusses his concept of exponential risk and the opportunities and challenges of using AI. Rob shares what it's like to lead a global firm and answers a few get-to-know-you questions from Mark, Cris and Marisa. But before the conversation with Rob, the team discusses how worried they are about various economic threats and their potential impact on the macroeconomic economy. 

Guest: Rob Fauber, President & CEO of Moody’s Corporation

For more insight into the era of exponential risk, click here.

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Inflation was front and center in this week’s podcast. Mark and Marisa (yes, she’s back and winning the stats game again) hosted a wonderful cast of colleagues to talk over the September CPI report, the European inflation experience, which is similar to that here in the U.S., and given recent grim events in the Middle East, energy prices. The bottom line is inflation continues to head in the right direction, but not in a straight line.

Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. 

To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.