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.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Introduction
00:00 • 2min
Highlights of Third Quarter GDP Print
02:06 • 13min
War and its Impact on the Defense Industrial Base
15:17 • 4min
Underreported Aspects of the Banking Crisis and the Response of the Fed and Treasury
18:58 • 6min
Geopolitical Consequences and Risk
24:59 • 4min
Central Bank Balance Sheets and the Cost of Large Balance Sheets
28:29 • 8min
Wrong Predictions and Unexpected Events
36:52 • 14min
Fed's Framework Review and Future Pressure
50:43 • 4min