AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Macro Musings with David Beckworth
Colby Smith, Steven Kelly, and Gerard DiPippo on the Highlights of 2023 and Looking Ahead to the Future
Jan 1, 2024
Colby Smith, Steven Kelly, and Gerard DiPippo discuss the major surprises and underreported stories of 2023. They also talk about the challenges in predicting economic trends and the consequences of war on the defense industry. Additionally, they explore geopolitical risks, the cost of large central bank balance sheets, and the Fed's framework review.
54:38
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The US economy defied predictions of a soft landing and experienced higher than expected growth in 2023, fueled by a robust labor market.
- The US economy demonstrated resilience throughout 2023 with the surprising absence of a banking crisis and the strong performance of the consumer sector.
Deep dives
Unexpected GDP Growth in 2023
The US economy experienced higher than expected growth in the third quarter of 2023, defying predictions due to the tight monetary policy and high Fed funds rate. This strong growth, fueled by a robust labor market, reshaped the narrative around a soft landing for the US economy.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode