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15min chapter
Take the Long Way Home with Vincent Daniel and Porter Collins
On The Tape
The Current State of Employment, Wages, and Consumer Spending
This chapter discusses the current state of employment and wages, highlighting the strength of employment and better-than-expected wages. It also explores the negative factors affecting consumer spending, such as financial exhaustion among consumers and limited excess dry powder. The impact of higher rates on the housing and discretionary sectors is examined, along with the upcoming repayment of student loans by millions of Americans and its potential impact on the economy.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode