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Moody's Talks - Inside Economics
The "Best" Bicentennial Episode
Jan 24, 2025
Wayne Best, Chief Economist at Visa, joins to discuss the current landscape of the American consumer. He dives into Visa’s Spending Momentum Index, illustrating how inflation impacts spending across different income levels. The discussion also addresses trends in delinquency rates and the wealth effect on affluent consumers. Best shares insights on the challenges faced by lower-income households and the implications of Trump's economic policies, blending serious analysis with celebratory humor as the hosts mark their 200th milestone.
01:09:23
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Quick takeaways
- The podcast celebrates its 200th episode by reflecting on the team's journey and the engagement of its audience over the years.
- Wayne Best emphasizes the distinct consumer behavior trends across income groups, with higher earners spending luxuriously while lower earners struggle amidst economic challenges.
Deep dives
Celebrating 200 Episodes
The 200th episode marks a significant milestone for the hosts and listeners of the show. This achievement reflects not only the dedication of the team at Moody's Analytics but also the engagement of their audience over the years. The hosts share personal anecdotes about their experiences at the company, including discussions of anniversary gifts that Moody's provides for long-term employees. This lighthearted conversation sets a celebratory tone for the episode, highlighting the team's camaraderie and appreciation for their journey.
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Listen to the best highlights from the podcasts you love and dive into the full episode