On this episode of The Rate Guy we discuss this week's Jackson Hole meeting where the theme is “Reassessing the Effectiveness and Transmission of Monetary Policy.” We talk about some of the things they might touch on and how the market may react. We also discuss the consumer spending situation; why it's not as rosy as the number suggests and why these red flags have not yet caused a more significant slowdown in consumer spending.
Here is the link to the quarterly report that the NY Fed puts out on consumer debt that we discuss. For graphs referenced, check out this week's Pensford Newsletter.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.
24/7 News: The Latest
Today’s Latest News In 4 Minutes. Updated Hourly.
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.