The Penta Podcast Channel

On this Jobs Day Friday, Matt joins Tony, John, and Brendan to discuss disappointing September jobs numbers, news of the House's passage of a $2.2 trillion stimulus bill, and how the remainder of the 2020 campaign cycle plays out with news of the President and First Lady's COVID-19 diagnosis. The crew also discusses the status of the Supreme Court nomination process, the likelihood of the Senate's passage of the stimulus bill before the weekend, and what's ahead next week. 

HPS Managing Director Bryan DeAngelis speaks with HPS Partners Michael Steel and Stacy Kerr about the first presidential debate, if it mattered for voters, and if there will be another debate. With the election representing a referendum on President Trump, they discussed if his "style" was effective and if former Vice President Biden exceeded expectations. Plus, they preview the vice presidential debate and the likelihood of a stimulus package ahead of the election. 

Tony Fratto and Markets Policy Partners reflect on Ruth Bader Ginsburg's legacy and what the Supreme Court vacancy means for the markets and the likelihood of another stimulus package. The crew also breaks down the Fed's latest monetary policy decisions and the shift to an average inflation target. 

Matt McDonald and Stacy Kerr join John and Brendan to discuss the latest from the Federal Reserve, including inflation targets, calls for fiscal stimulus, and muted market reactions to recent announcements. The crew also explores the possibility of another stimulus bill and the realities of election outcomes for 2020 before looking ahead to what's to come as the clock keeps ticking toward November 3rd. 

As part of our continuing look at the 2020 elections, HPS partner Michael Steel speaks with Danielle Burr, Uber's head of federal affairs, about Uber's get out the vote efforts this year. With more private sector companies taking an active role in improving voter accessibility in 2020, Burr discusses how and why Uber is using its unique platform to help people get to the polls.

Tony, John, and Brendan take some time this week to reflect on the impact and legacy of 9/11 and how both it, and COVID-19, have redefined national security. The gang also makes sense of current market dynamics, what is happening to stay-at-home stocks, and where the market is headed. Looking ahead, the gang breaks down expected global central bank activity and the likelihood of a new round of federal stimulus relief.

Michael Steel and Bryan DeAngelis sit down with Jim Tankersley, New York Times tax and economics reporter, to discuss changes in the middle class economy from the 1950s through today and talk about Jim's new book on the topic, "The Riches Of This Land." They also discuss how the fallout of COVID-19 is impacting middle class families and which corporate and federal policies can help build a more inclusive future economy.

Matt joins Tony, John, and Brendan to discuss new Jobs Day figures, what jobs are coming back, and what jobs are not. The team also discusses the market selloff, whether the pandemic-driven technology revolution has been oversold, and how markets react to vaccine news. Finally, the squad discusses ECB complaints on a strong Euro and upcoming inflation data.

On this week's episode of the Macrocast, Tony and John are joined by guests Michael Steel and Bryan DeAngelis to break down the RNC convention and discuss the current state of politics. The gang also discusses the Fed's new approach to inflation and what this means both in practice and for markets.

Tony, John, and Brendan are joined by Stacy Kerr and Michael Steel to discuss Fed minutes, unemployment claims, and phase four pandemic package negotiations. The crew also talks about the presidential race, discusses the DNC, and looks ahead to the RNC.