Drew Mattis

Nancy Marshall-Genzer, a Marketplace reporter specializing in agriculture, explains the USDA's $16 billion disaster aid for farmers hit by natural disasters. Drew Mattis from MetLife dives into market trends, discussing equity concentration and risk behavior amid economic uncertainty. Mahir Mysore from McKinsey shares insights on how AI is revolutionizing the management of tariffs and supply-chain disruptions, while highlighting the importance of human expertise in this tech-driven landscape.

Mahir Mysore, a partner at McKinsey & Company and supply-chain expert, highlights how AI is reshaping tariff management and enhancing resilience in businesses. Drew Mattis, managing director at MetLife Investment Management, discusses current market behavior and economic trends. They explore the U.S. Department of Agriculture’s $16 billion aid package for farmers affected by natural disasters, while also addressing the ongoing calculations for tariff-related assistance. The conversation dives into AI's role in automating tariff processes and the need for skilled professionals to enhance its effectiveness.

Drew Mattis, an economist at MetLife and a CNBC commentator, dives into the shifting financial landscape of high earners. He highlights that despite their substantial incomes, expectations are deteriorating, particularly among the wealthiest. This shift may lead affluent consumers to start seeking deals, which is a surprising turn for this group. As consumer spending shows signs of weakening, Mattis warns of potential challenges heading into the new year, suggesting a shift in the spending habits of even the upper crust.