The Penta Podcast Channel

 Tony, John, and Brendan discuss Chair Powell and Secretary Mnuchin's joint hearing this week and give an inside look on how the Treasury might have decided to revive the 20-year bond. The crew also talks through what economic recovery could look like,  the latest buzz on U.S.-China tensions, and the EU's plan for economic relief.   

Matt joins John and Brendan to discuss this week's comments from Fed Chair Jay Powell, Fed fund futures, US-China relations, and how policymakers use the stock market as a barometer for economic health. The crew also plays a game of "Hail Mary," predicting the most likely and least likely scenarios in the coronavirus pandemic, 2020 election, and the eventual return of sports leagues, all before looking ahead to state jobs numbers and PMIs to be released next week. 

On this Jobs Day episode of the HPS Macrocast, Tony, Matt, John, and Brendan unpack the historic jobs numbers, discuss near-term stabilization in oil markets, and dive into what to expect in upcoming relief package negotiations in Washington. They also discuss potential long-term effects of COVID-19 on remote work policies and the future of the leisure and hospitality industry.

HPS Managing Director Stratton Kirton and Associate Bryce Campanelli join Managing Director Bryan DeAngelis to discuss their recent analysis on global and domestic oil markets. As oil producers are pumping millions more barrels of oil each day than the market needs, and storage is running out, Stratton and Bryce explain the short- and long-term economic and policy impacts.

Tony, John, and Brendan discuss the first virtual press conference from the Federal Reserve and stimulus measures from the Fed and the ECB. The crew also breaks down how state reopenings might impact markets, the latest developments with the PPP program, and big tech earnings. Plus, they take a look ahead at next week's jobs numbers. 

Matt McDonald steps in for Tony this week bringing with him a fun game of "bottom or not" for different markets. The gang also discusses the most recent stimulus package, the implementation of PPP, and the important data and earnings calls coming up next week. 

HPS Partner Tony Fratto hosts President & Editor-in-Chief of Devex Raj Kumar to discuss the impact of the coronavirus on the developing world. The two cover the unique challenges that developing nations face confronting the coronavirus, the global nature of the pandemic, and the effect of oil prices on all of this. They also discuss Raj's new book "The Business of Changing the World."

Tony, John, and Brendan discuss the Paycheck Protection Program, bank earnings, and jobs numbers. The crew also talks about lessons from remote work and what reopening the economy might look like.

On this week's bonus episode, Tony, John, and Brendan discuss corporate earnings for banks and the healthcare industry, along with expectations for recovery and market sentiment heading into more weeks of virus-fueled volatility. The crew also discusses the latest updates in oil markets and pricing as talks between Texas producers and regulators continue.

Tony, John, and Brendan break down the Federal Reserve's broad efforts to help the economy, including new lending programs and supporting riskier debt. They also discuss the latest OPEC deal, the impacts of growing public and private debt, and additional stimulus on the horizon.