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The Walker Webcast
Dr. Peter Linneman, Leading Economist, Professor Emeritus, The Wharton School of Business (Part 16)
Jan 12, 2024
Dr. Peter Linneman shares his outlook for 2024, discussing the state of the economy, federal and consumer debt, property plays, and more. They also explore the surprise rate cut announcement and criticize officials for being out of touch with inflation. The speakers predict a 3.5% 10-year interest rate and discuss the impact of supply chain pressures. They analyze the current state of the economy using the concept of 'canaries' and discuss the potential economic benefits of weight loss drugs. Finally, they delve into economic predictions, market forecasts, and political speculation.
01:03:02
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Quick takeaways
- Peter accurately predicted various economic indicators, highlighting his expertise in forecasting.
- Peter challenges the Federal Reserve's focus on higher interest rates, suggesting lower rates to stimulate the economy.
Deep dives
The podcast highlights the successful predictions made by Peter in the past year
The podcast discusses how Peter accurately predicted various economic indicators, including GDP growth, inflation levels, and oil prices.
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Discover
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