The Penta Podcast Channel

Description: On this week's episode of the Macrocast, Tony, Brendan, and John break down the newest consumer price index (CPI) numbers, noting that the numbers were high across the board. They also cover how several retail companies have reduced their earnings forecasts due to changes in consumer demand for certain products. Tony, Brendan, and John finish the episode walking through the CPI numbers in Japan, explaining how Japan has been known for secular stagnation.   Read more about the CPI.

On today's episode of HPS Insights, HPS Managing Director Jonathan Graffeo sits down with Mark Calabria, senior advisor at the Cato Institute and former director of the Federal Housing Finance Agency to talk about the current state of the housing market. Mark also previously served as the chief economist for Vice President Mike Pence and as a senior aide to the U.S. Senate Committee on Banking, Housing, and Urban Affairs. The two talk about the current state of the housing market, including how it compares to the housing market in 2008. They examine how factors related to COVID-19, such as increased disposable income and movement out of cities, impacted the housing market, leading to a gap between supply and demand. The impact of international affairs on housing also sparked discussion, as did the Federal reserve and upcoming midterm elections. Lastly, Jonathan and Mark chat about Mark's upcoming book, which will feature insights on the housing market from Mark's time at the Federal Housing Finance Agency.Read Mark's full biography.Read more about the Federal Housing Finance Agency.

The May jobs report is out, and labor force participation is up–but is the news all positive? HPS Partner Matt McDonald joins Tony, John, and Brendan to discuss the ongoing labor market recovery from the pandemic and its implications for the Fed's efforts to control inflation. Plus, the group breaks down Lael Brainard's latest comments on the likelihood of a September rate hike pause, recession fears, and more.Read MPP's latest Five Minute Macro report here.Read HPS' jobs day fact sheet here.

On the latest episode of HPS Insights, HPS Partner Tony Fratto and Senior Director Elliott Owensby are joined by Alex Parker, writer, researcher, and Principal at Capitol Counsel. The group discusses the latest in international tax, including delays in progress on a global tax framework, the politics of international tax, and more.See the HPS International Tax Tracker.

Consumers' feelings toward the economy may be sour, but their spending tells a different story. In this edition of the Macrocast, Tony, John, and Brendan are joined by John Dick of CivicScience to discuss the latest ESI report and the strength of the consumer, despite inflation and rising prices.The group also dives into what summer travel demand means for airlines and shares their takes on the stock market—including an optimistic outlook for the second half of the year.Read this week's HPS-CivicScience Economic Sentiment Index here.

In this edition of HPS Insights, HPS Partner Tony Fratto and Senior Director Stephanie Dodge host Fanta Traore, Executive Director and Co-Founder of the Sadie Collective, and Young-Chan Lim and Doug Ortiz, members of the working group for the Cross-Policy School White Paper on Anti-Racism, for a conversation on racial equity in graduate public policy programs. Fanta, Young-Chan, and Doug discuss the Sadie Collective's upcoming white paper, which draws on input from students across the country to offer recommendations for making graduate public policy programs more inclusive. The group also discusses how using a racial equity & inclusion (REI) lens over a diversity, equity, and inclusion (DEI) lens can lead to better outcomes, both for students of color at public policy programs and policymaking itself.Read more about the Sadie Collective here. Read more about Fanta Traore, Executive Director of the Sadie Collective, here.

Recession fears abound, and market volatility is up–but will inflation come down enough? In this edition of the Macrocast, Dennis DeBusschere, President and founder of 22V Research, joins guest host and HPS Managing Director Meghan Pennington and John and Brendan from Markets Policy Partners. The group discusses the latest turmoil in equity and crypto markets, where investors are pricing in recession concerns, even as doubt lingers about the Fed's capacity to rein in inflation.Read about 22V Research here.Read Markets Policy Partners' latest Five Minute Macro post here.

On the latest episode of Crypto Convos, host Bryan DeAngelis is joined by Grayscale's Chief Legal Officer, Craig Salm. The pair discussed Craig's background in law and his interest in crypto, how Grayscale combines crypto with traditional investing, the company's campaign for a Bitcoin spot ETF, and what's next in crypto.Show NotesGrayscale's SEC Comment Letter Submission PageCNBC: Grayscale Tells SEC That Turning Biggest Bitcoin Fund Into ETF Will Unlock $8 Billion For InvestorsUpdated SEC Comment Letter From Davis Polk, Grayscale's Law Firm'A New Argument for a Bitcoin ETF' By Craig Salm@CraigSalm on Twitter

MPP's John and Brendan are joined by HPS Partner Bryan DeAngelis on today's episode of the Macrocast. The group chats about the many news-worthy market updates from this busy week, including what is happening with tech and crypto stocks. Despite the volatility, the group explains why they feel that comparisons between the current financial moment and the 2008 financial crisis are unfounded.   

On today's episode of HPS Insights, Bryan DeAngelis and Elliott Owensby interview Niki Christoff, CEO of Christoff & Co. and host of the Tech'ed Up podcast. The group dives into Niki's unique tech-sector and communications background, which she has leveraged to educate key audiences on important topics like decentralized finance (DeFi) and crypto. Niki also speaks to the ongoing digital currency debates in Washington, D.C.Show Notes:Niki Christoff WebsiteTech'ed Up with Niki Christoff Podcast@NikiChristoff on Twitter