Macrocast: Why now, Fitch?

On this week's episode, K. Stratton Kirton, a Penta Strategy Partner, joins the Macrocast as a guest host with John Fagan and Brendan Walsh from Markets Policy Partners. The group discusses the middle of the road jobs day and what they think this means for Fed policy and the long discussed recession.

They also explore Fitch's decision to downgrade the United States credit rating and recent central bank decisions around the world, including the Bank of England and Reserve Bank of Australia. Finally, the group talks about Saudi Arabia's decision to extend their oil production cut and China's continuing economic lag.

Read Penta's Jobs Day analysis here.