Tackling Inflation and Employment in the Biden Era | Weekly Business Briefs w/ Martin Perdomo
Could the Fed have outsmarted a recession? It's the economic high-wire act of the decade, and we're peeling back the curtain on how aggressive rate hikes and bond selloffs might have accomplished just that. Picture an America where the inflation monster is tamed without throwing workers into the unemployment line—a reality we're exploring with a microscope. And while President Joe Biden's approval ratings linger in the doldrums, we're sizing up the disconnect between a booming job market, vibrant consumer spending, and the public's lukewarm sentiment.
Hold onto your wallets as we navigate the yo-yoing oil markets. OPEC's chess moves to prop up oil prices might have met their match with the U.S. crude exports playing spoiler to the production cut strategy. We're dissecting the supply-demand dynamics with the precision of a Wall Street trader, and weighing in on President Biden's influence over the domestic energy chessboard. This episode is your front-row ticket to understanding the economic and oil market rollercoasters—no economist degree required.
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