Paulitical Economy™

Paulitical Economy™

A snapshot of what’s going on in the world’s economy.

Episodes

September 8, 2025 44 mins
  • After seven straight quarters of sales declines, and fourteen quarters of declining volume, Kraft Heinz has announced that they will split up the company.
    • The merger of the two companies back in 2016 has been a disaster.
    • And we take a look back.
  • Canadians are falling behind on their debt payments.
  • Home prices in Canada have outpaced those in the US.
    • It’s primarily due to money supply growth and low interest rates.
    • And Ca...
Mark as Played
  • 49% of the homes sold in the US this year were under the price of $400,000
    • Up from 43% in 2023.
  • Shooting deaths in New York City are at an all-time low.
    • But shooting up is still a problem.
  • Headline inflation in Canada excluding energy seems to be stabilising.
    • But core inflation remains elevated.
  • Canada’s income gap hits a record.
    • The top 40% account for 66% of after-tax income.
      • And 86% of net worth.
Mark as Played
August 25, 2025 44 mins
  • The Ford F-Series of pickup trucks have constantly been in the top six of cars sold going back to the 1960s.
    • Pickup trucks now account for four of the top six.
    • In the 2010s Japanese cars accounted for four of the top six.
  • After experiencing two straight years of declining sales, Home Depot seems to be turning things around: slowly.
  • Amazon continues its strong sales growth.
    • Advertising and web services leading the way.
Mark as Played
August 18, 2025 31 mins
  • Large movie chains in the US are outperforming the industry.
    • And a look back at AMC Theatres.
  • French luxury goods company LVMH sales are still falling.
    • Especially in Japan.
  • US renewable energy credits are going away.
    • A Danish company is particularly impacted.
  • A poll shows that a slight majority of Canadians want to see home prices fall.
    • But the percentage of homeowners who want this is likely much lower.
    • ...
Mark as Played
August 11, 2025 51 mins
  • McDonald’s turns things around.
    • But lower income consumers are suffering.
  • Caterpillar sales are still falling but not as much.
    • A turnaround?
  • But things not looking good at Gucci.
  • RH (luxury furniture) has really turned things around.
    • And some examples of their great corporate culture.
  • Molson Coors no longer seems to be benefiting from the boycott of Bud Light.
    • It’s share price is down 54% over the last te...
Mark as Played
August 4, 2025 46 mins
  • Starbucks is still seeing comparable store sales decline.
  • But a fourth leg of their business is growing quickly.
  • Chateau Lafite Rothschild is one of the world’s top wines.
    • Its futures price is off 49% from its peak.
  • Another look at the three main ways in which policymakers created Canada’s housing affordability crisis.
    • They thought the benefits would trickle down to the next generation.
      • Spoiler alert: they didn’t.
Mark as Played
July 30, 2025 45 mins
  • General Motors has a long and interesting history.
    • It has been hurt by tariffs, but sales did benefit as customers rushed to beat the tariffs.
  • Women are twice as likely to be raped in the UK and Sweden than they are in the US.
    • And a hundred times more likely than in Japan.
  • Chipotle is a fast casual restaurant whose sales have been going in the wrong direction over the last year.
    • A quick look back.
  • Americans...
Mark as Played
July 22, 2025 20 mins
  • Prices in the US are rising with eggs leading the way.
    • To the extents that tariffs are pushing up prices it should be a one-time hit.
      • Unless tariffs rise even further.
  • Core inflation in Japan is steadily rising.
  • Inflation in Canada is proving sticky.
  • In Financial Ructions:
    • We look at longer-term rates which are rising.
      • This should lead to higher mortgage costs.
  • In our book review of The Way the World...
Mark as Played
July 14, 2025 29 mins
  • US booze companies see impact from tariffs.
    • First positive and then negative.
  • Nike has not grown its sales for seven straight quarters.
    • And just experienced its largest sales decline so far.
  • Cocoa bean prices are very volatile and near historic highs.
    • A look at the world’s largest chocolate manufacturer.
  • Hershey sales are suffering.
    • As is its profitability as the high cocoa bean price bite.
  • A look at...
Mark as Played
July 7, 2025 42 mins
  • Florida is one of the weakest housing markets in America.
    • But prices are still sky-high compared to pre-COVID
  • Nationally, sellers outnumber buyers by half a million.
    • Prices are falling in some areas, but even with prices falling many will remain priced out of the housing market.
  • America’s largest home builder’s sales are accelerating downward.
    • The issue is affordability constraints, but it’s not about mortgage ...
Mark as Played
July 1, 2025 25 mins
  • Carnival continues to ride the wave of higher prices.
  • General Mills sales are declining
    • But would be a lot worse if not for their pet business.
  • Yet, JM Smucker’s pet division had a double-digit sales decline.
    • And a look back.
  • Airliner JetBlue is seeing declines in air travel.
    • Its share price has been a 25-year disaster.
  • Student loan delinquencies in the US are soaring.
    • And government workers have a sweet ...
Mark as Played
June 9, 2025 39 mins
  • Campbell’s Soup sales are back in positive territory. 
    • Restaurants getting so expensive people are eating more at home. 
      • But not eating as many snacks. 
  • Hudson’s Bay is being liquidated. 
    • But its brands will live on. 
  • The percentage of first-time home buyers in the US has plummeted. 
    • It’s a result of deliberate policy. 
  • The alcohol industry is still struggling. 
    • Brown Forman, maker of Jack Daniel...
Mark as Played
June 2, 2025 38 mins
  • The producers of alcoholic beverages say that the health concerns related to alcohol consumption are exaggerated.
    • I hope so.
  • Shoppers continue to flock to Costco.
    • And investors to its common stock.
  • Target, not so much.
    • Home furnishings sales are down over 8%.
  • In Financial Ructions:
    • We look at a speech that John F. Kennedy made to the Economic Club of New York in 1962.
      • Income taxes were finally being c...
Mark as Played
June 2, 2025 51 mins
  • Truck maker Paccar sales continue to fall.
  • Freight shipments in the US are still down.
  • A look at how tariffs impact trade: Lobsters.
  • Petrol cars may not be going the way of the Dodo in California  after all.
  • Both Home Depot and Lowe’s broke eight quarter losing streaks at the end of 2024 with sales finally back in positive territory.
    • It only lasted a quarter.
  • Inflation in Canada is rising again.
  • On an adjusted basis, Canada h...
Mark as Played

Popular Podcasts

    The latest news in 4 minutes updated every hour, every day.

    Dateline NBC

    Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com

    The Clay Travis and Buck Sexton Show

    The Clay Travis and Buck Sexton Show. Clay Travis and Buck Sexton tackle the biggest stories in news, politics and current events with intelligence and humor. From the border crisis, to the madness of cancel culture and far-left missteps, Clay and Buck guide listeners through the latest headlines and hot topics with fun and entertaining conversations and opinions.

    Stuff You Should Know

    If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.

    The Charlie Kirk Show

    Charlie is America's hardest working grassroots activist who has your inside scoop on the biggest news of the day and what's really going on behind the headlines. The founder of Turning Point USA and one of social media's most engaged personalities, Charlie is on the front lines of America’s culture war, mobilizing hundreds of thousands of students on over 3,500 college and high school campuses across the country, bringing you your daily dose of clarity in a sea of chaos all from his signature no-holds-barred, unapologetically conservative, freedom-loving point of view. You can also watch Charlie Kirk on Salem News Channel

Advertise With Us
Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.