Michelle Meyer

Ed Yardeni, Chief Investment Strategist and founder at Yardeni Research, explores the potential equity rally following President Trump's tariff deadline and recent leadership changes in the Bureau of Labor Statistics. Michelle Meyer, Chief Economist at the Mastercard Economics Institute, analyzes the consumer outlook amid rising costs, highlighting a notable decline in personal consumption. Together, they discuss the interplay of tariffs, inflation, and economic resilience, providing insights into the current state of the U.S. economy.

Libby Cantrill, Managing Director at PIMCO, dives into the intricacies of Fed chair potential nominees and the importance of maintaining Fed independence amidst political constraints. Michelle Meyer, Chief Economist at Mastercard, shares insights on consumer resilience, revealing a robust holiday shopping outlook with strong spending in travel and dining. They also discuss the current landscape of spending trends, highlighting contrasts between thriving sectors and those lagging behind, providing a nuanced view of today’s economic environment.

Michelle Meyer, Chief Economist at Mastercard, lends her insights into the resilience of the U.S. economy and consumer spending trends. She forecasts a modest growth ahead, dismissing recession fears while analyzing labor market stability. Michelle discusses the composition of holiday spending, emphasizing the impact of e-commerce and inflation. Regional spending patterns reveal strong trends in the Southeast, while upside potential lies in AI investments driving productivity. A riveting conversation on the health of the American consumer awaits!

Michelle Meyer, Chief Economist at Mastercard, dives deep into consumer spending trends and macroeconomic shifts. She recounts her journey from Lehman Brothers during the crisis, highlighting lessons learned from the housing bubble. Meyer discusses the Fed's role in balancing inflation and employment amid economic uncertainty. She shares insights on tariffs, consumer behavior, and the importance of real-time data in predicting market trends. Meyer also emphasizes the resilience of the U.S. consumer, suggesting that their strength should not be underestimated as we approach year-end.

Michelle Meyer, Chief Economist at MasterCard, discusses leveraging real-time transaction data for economic analysis, revealing insights on consumer trends like the Swift Lift effect from Taylor Swift concerts and increased demand along the April solar eclipse line of totality. The conversation explores resilient US consumers post-pandemic, regional labor market disparities, goods prices, inflation trends, and the complexity of financial conditions and monetary policy.