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Moody's Talks - Inside Economics
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Moody's Analytics
Join Chief Economist Mark Zandi, Marisa DiNatale and Cristian deRitis as they discuss key indicators and other aspects of the global economy. Contact us at
[email protected]
. Visit online at www.economy.com/economicview
Total 214 episodes
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Bonus Episode: Ask Us Anything
Colleague, Emily Mandel, economist at Moody's Analytics, moderates this Q&A session to get to know Mark, Ryan, and Cris a little better.Full episode transcriptFollow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight.
55:23
26/04/2022
Red Shirts and REFIs
Jared Bernstein, Member of the White House Council of Economic Advisers, joins the podcast to discuss the state of the U.S. economy, including the labor market, inflation, housing and recession risks.Full episode transcript For more from Jared Bernstein, follow him on Twitter @econjared46. Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight.
01:18:08
22/04/2022
Karl and Cars
Mark and Cris welcome Jonathan Smoke, Chief Economist of Cox Automotive and colleague Mike Brisson, Senior Economist at Moody's Analytics, to discuss the outlook in the vehicle market. Full episode transcriptFor more from Jonathan Smoke, follow him on Twitter @SmokeonCarsFollow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight.
01:18:44
15/04/2022
Records and Recession Risks
The odds of a U.S. recession are on the rise. Michael Strain, Director of Economic Policy Studies at American Enterprise Institute, joins the podcast to discuss the risks driving a potential recession. Everyone shares their probability of a recession.Full episode transcriptFor more from Michael Strain, follow him on Twitter @MichaelRStrainFollow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight.
01:11:45
08/04/2022
Full Employment and The Fed
Mark, Ryan, and Cris welcome back Marisa DiNatale, Senior Director at Moody's Analytics, to breakdown the March U.S. Employment Report. They also discuss inflation, wage growth, and the current state of the economy.Full episode transcript.Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight.
01:06:23
01/04/2022
What in the World is Bothering Us
Eric Gaus, Senior Economist at Moody's Analytics, joins the podcast to discuss an array of issues that are bothering them, including U.S. stock prices, yield curve, and the labor market. The podcast also provides an update on the economic impact of the military conflict between Russian-Ukraine. The big topic is geopolitical risk.Full Episode Transcript.Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight.
01:23:01
25/03/2022
Data Deep Dive: Gross Domestic Product
Mark, Ryan, and Cris do a deep dive into GDP. What is it? How is it measured and what are it's shortcomings?Full episode transcript.Kennedy notably outlined why he thought the gross national product was an insufficient measure of success.[Note 1] He emphasized the negative values it accounted for and the positive ones it ignored:[6]Even if we act to erase material poverty, there is another greater task, it is to confront the poverty of satisfaction - purpose and dignity - that afflicts us all.Too much and for too long, we seemed to have surrendered personal excellence and community values in the mere accumulation of material things. Our Gross National Product, now, is over $800 billion dollars a year, but that Gross National Product - if we judge the United States of America by that - that Gross National Product counts air pollution and cigarette advertising, and ambulances to clear our highways of carnage. It counts special locks for our doors and the jails for the people who break them. It counts the destruction of the redwood and the loss of our natural wonder in chaotic sprawl. It counts napalm and counts nuclear warheads and armored cars for the police to fight the riots in our cities. It counts Whitman's rifle and Speck's knife, and the television programs which glorify violence in order to sell toys to our children.Yet the gross national product does not allow for the health of our children, the quality of their education or the joy of their play. It does not include the beauty of our poetry or the strength of our marriages, the intelligence of our public debate or the integrity of our public officials. It measures neither our wit nor our courage, neither our wisdom nor our learning, neither our compassion nor our devotion to our country, it measures everything in short, except that which makes life worthwhile. And it can tell us everything about America except why we are proud that we are Americans.If this is true here at home, so it is true elsewhere in world. Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight.
40:37
22/03/2022
Higher Rates and House Price Angst
Mark and Cris welcome two guests from Zelman & Associates, Ivy Zelman, CEO and Dennis McGill, Director of Research to discuss the state of housing and mortgage markets.Full episode transcriptFollow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight.
01:21:32
18/03/2022
Oil and More Oil
Mark, Ryan, and Cris welcome more Moody's Analytics colleagues to discuss energy commodity shortages due to the Russian invasion of Ukraine and how this effects the global economy.Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight.
01:13:40
11/03/2022
Wawa and Women in the Workforce
Mark, Ryan, and Cris welcome back Marisa DiNatale, Senior Director at Moody's Analytics to discuss the February U.S. employment report and discuss the Russia-Ukraine war and how that might impact the U.S. economy. They also mix it up and play the statistics game at the end of the show.Full episode transcript.Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight.
01:12:10
04/03/2022
Bonus Episode: Update on Russian Invasion of Ukraine
Mark, Ryan, and Cris welcome a number of Moody's Analytics colleagues from around the world to discuss the latest developments in the Russia-Ukraine war and what this means for the global economy.Full Episode Transcript here.
01:01:34
02/03/2022
Bonus Episode: Fiscal Policy in the Pandemic
Jesse Rogers, Bernard Yaros, Ross Cioffi, three of Mark's coauthors on his latest paper on global fiscal policy during the pandemic, join the podcast to discuss different aspects of the paper. Plus, Sharon Parrott, President of the Center on Budget and Policy Priorities, joins to give her perspective on the U.S. fiscal policy response to the pandemic.Recommended Reads:Read Mark's latest on Global Fiscal Policy here.Read the full CBPP analysis here.Follow Sharon on Twitter @ParrottCBPP. Follow Mark Zandi @MarkZandi, Ryan Sweet @RealTime_Econ and Cris deRitis on LinkedIn for additional insight.
01:01:57
01/03/2022
Neon and Not Equal
Mark, Cris, and Ryan discuss Russia's invasion of Ukraine and the economic outlook surrounding the conflict. They also welcome Diane Lim, Policy Director for the U.S. House Select Committee on Economic Disparity and Fairness in Growth to focus on the big topic, income and wealth distribution in the U.S.
01:12:14
25/02/2022
Ukrainian Conflict and U.S. Confidence
John Leer, Chief Economist of Morning Consult, joins Mark, Cris, and Ryan to discuss consumers perception of the geopolitical tensions in Eastern Europe and also the state of U.S. consumer sentiment. Cris sneaks his statistic in at the last minute.Recommended Read: Morning Consult - Economic Outlook
01:11:39
18/02/2022
Bonus Episode: Russia-Ukraine Conflict
Gaurav Ganguly, Senior Director of Economic Research at Moody's Analytics, joins the podcast to focus on the Russia-Ukraine conflict and what it means for the global economy.Full episode transcript.
55:34
15/02/2022
Data Deep Dive: Consumer Price Index
Mark, Ryan, and Cris discuss the latest economic statistics in great detail.
18:18
11/02/2022
Canberra and CPI
Interest rates are on the rise and the Fed is set to normalize monetary policy. Damien Moore, Director of Economic Research at Moody's Analytics, joins the podcast to discuss.
01:11:47
11/02/2022
Surprises, Scenarios, and Spirals
Mark, Ryan, and Cris welcome back Marisa DiNatale, Senior Director at Moody's Analytics, to discuss the latest employment report.Full episode transcript.
01:09:17
04/02/2022
Manufacturing and Mark on Fire
Chad Moutray, Chief Economist of National Association of Manufacturers, joins the podcast to discuss manufacturing, supply chains, and labor market shortages. Mark is on a hot streak in the stats game.
01:16:13
28/01/2022
Vehicles and More Vehicles
Elaine Buckberg, Chief Economist of General Motors, joins Mark, Ryan, and Cris to discuss the vehicle industry. They breakdown what is going on with vehicle prices, supply chains, and the outlook for electric vehicles.Full episode transcript
01:12:23
21/01/2022
CPI, Consumers, and Cosmo
Michael McNamara, Senior Principal for MasterCard, joins Mark, Ryan, and Cris to discuss the state of the American consumer and the impact of Omicron on spending. Full episode transcript
01:10:35
14/01/2022
Bonus Episode: On the Bumpy Road to Recovery in 2022
With the Omicron wave upon us, it would be Pollyannaish to get overly enthused about the economy's prospects in the new year. But if the economy's performance last year is a guide, we should not be too pessimistic either. Despite being hit hard by the Delta wave of the virus, the economy grew like gangbusters in 2021. It will not grow as strongly in 2022, but inflation, which took off in recent months, will come back to earth. Having said this, how good a year the economy will have depends on the pandemic's path and how well policymakers respond. Webinar Slides
01:16:11
12/01/2022
Payrolls and Planes
Mark, Ryan, and Cris welcome back Dante DeAntonio, Senior Economist at Moody's Analytics, to dissect the December U.S. employment report and the latest effects of the Omicron variant on the economy. They also discuss reasons why people are quitting in droves.Full episode transcript.
01:12:11
07/01/2022
Economic Threats and Opportunities in 2022
Mark, Ryan, and Cris discuss the reasons to be concerned and optimistic about the U.S. economy in 2022.
55:08
29/12/2021
Christmas Movies and Currencies
Mark, Ryan, and Cris welcome back Joe Kennedy, senior principal economist at MITRE, to discuss the U.S. dollar, reserve currencies, and crypto.Recommended Read:Ending Poverty: Changing Behavior, Guaranteeing Income, and Transforming Government, by Joseph Kennedy.
01:07:20
23/12/2021
Holiday Sales and Housing Supply
Ed Golding, Executive Director of the MIT Golub Center for Finance and Policy and a Senior Lecturer at MIT Sloan, joins Mark, Ryan, and Cris to discuss all things related to the U.S. housing market. Full episode transcript.
01:19:17
17/12/2021
Big Inflation and Baby Bubbles
Mark, Ryan, and Cris discuss the November consumer price index. The big topic is whether stock prices, housing, and crypto are in the midst of a bubble.Full Episode transcript.Slides referenced in the episode can be found here.
01:21:49
10/12/2021
Noisy Data and New Variants
Mark, Ryan, and Cris welcome back Dante DeAntonio, Senior Economist at Moodys Analytics, to breakdown the November U.S. employment report. They find plenty of reasons for optimism even though job growth fell short of expectations. They also touch on the latest variant, Omicron, and how it may impact the economy.Full episode transcript here.
01:18:44
03/12/2021
Once and Future Inflation
Mark, Ryan, and Cris discuss inflation throughout the history of the United States and whether we're in the midst of an era.Full episode transcript here.
58:18
23/11/2021
Confidence, Consumers, and Cowbells
Diane Swonk, Chief Economist of Grant Thornton, joins Mark, Cris, and Ryan to discuss the current state of the American consumer. They focus on what factors are driving the holiday sales, excess savings, and an outlook on inflation and it's effects on consumers.Full episode transcript can be found here.Recommended ReadThe Passionate Economist: Finding the Power and Humanity Behind the Numbers, by Diane Swonk, purchase a copy here.
01:08:53
19/11/2021
Coffee, COP26, and Climate Change
Emilie Mazzacurati, Global Head of Moody's Climate Solutions, joins Mark, Ryan, and Cris to discuss the global economic impact of climate change, the potential effects of a carbon tax on the economy, and the climate risk policies in President Biden's Build Back Better plan.Full episode transcript here.
01:07:55
12/11/2021
Workers, Wages, and Wallyball
Mark, Ryan, and Cris dissect the October U.S. employment report and what it says about the state of the economy, wage growth, and inflation. We knew there were Hunger Games and Squid Games. Now add the Zandi Games.Full episode transcript here.
01:17:18
05/11/2021
Probability of Recession and Puppies for Everyone
Kevin Hassett, Vice President and Managing Director of the Lindsey Group and former Chair of the Council of Economics under President Trump, joins Mark, Ryan, and Cris to discuss the risk of a recession, inflation, and tax proposals in President Biden's Build Back Better legislation. Full episode transcript.
01:17:12
29/10/2021
Beige Book and Betting on Oil Prices
Mark, Ryan, and Cris welcome Gaurav Ganguly, a Senior Director of Economic Research at Moody's Analytics and Chris Lafakis, a Director of Economic Research. They discuss global energy markets, the effect on the economy and where energy prices are headed.Full episode transcript found here.
01:17:42
22/10/2021
Confidence and Competitive Markets
Joe Kennedy, senior principal economist at MITRE, joins Mark, Ryan, and Cris to discuss the different schools of thought on anti-trust and market competition. They also discuss Big Tech and Big Pharma. View episode transcript here.Recommended ReadsEnding Poverty: Changing Behavior, Guaranteeing Income, and Transforming Government, by Joseph Kennedy, https://www.amazon.com/Ending-Poverty-Guaranteeing-Transforming-Government/dp/074255872X.
01:25:46
15/10/2021
Bonus Episode: The Clock is Ticking on U.S. Budget Deal and Fed Tapering
The U.S. bond market is showing angst about the debt ceiling. While the debt ceiling will likely be raised, there is a history of waiting until the last minute. Ryan Sweet provides actionable insights to help you better manage your credit portfolio during this uncertain time.Episode's slides can be found here.
50:37
12/10/2021
Women and Work
Betsey Stevenson, Professor of public policy and economics at the University of Michigan's Ford School, joins Mark, Ryan, and Cris to dissect the September employment report, the future of working from home, and Biden's economic agenda. Also, Mark has a podcast, a YouTube channel, and now a Twitter handle. Follow @markzandi.View full episode transcript here.
01:09:39
08/10/2021
Bonus Episode: On the Road to Recovery
The Delta-variant of COVID-19 has damaged the economic recovery, but we remain optimistic the economy is on track to return to full employment by spring 2023. What could derail this optimism? Could the economy perform better than anticipated? What is the long-term economic fallout of the pandemic?The episode's slides can be found here.
01:02:27
05/10/2021
LNG and Long Tail (It's a Groundhog, not a Chipmunk)
Mark, Ryan, and Cris discuss unemployment insurance benefits, Delta variant, and what happened this week in Washington, DC. The main topic is the long-term economic consequences of the pandemic. Also, Mark reveals his favorite movie.Full episode transcript can be found here.
01:16:44
01/10/2021
Debt and Debt Limits
Mark, Ryan, and Cris welcome back Bernard Yaros, an economist from Moody's Analytics to discuss fiscal policy, the odds of a government shutdown, and the debt limit.Full episode transcript can be found here.
01:17:29
24/09/2021
Shortages and Supply Chains
Tim Uy, Todd Metcalfe, and Jesse Rogers, all economists at Moody's Analytics, join Mark and Ryan to discuss global supply chains and commodity shortages. The focus is on issuances around semiconductors, lumber, and copper.Full transcript can be viewed here.
01:29:35
17/09/2021
Digital Currency and Delta
Aaron Klein, Senior Fellow in economic studies at Brookings Institute, joins Mark, Cris, and Ryan to discuss the current state and future of crypto currencies.Recommended Reads:Natural Disasters From Coast to Coast
01:23:11
11/09/2021
Hospitality Jobs and Hurricanes
Mark and Ryan welcome back Adam Kamins, Director of Regional Economics at Moody's Analytics, to discuss the August job numbers, the Delta variant, and economic costs of Hurricane Ida. Full episode transcript can be found here.
01:01:45
03/09/2021
Tapering and Taxes
Bill Gale, Senior Fellow at Brookings Institute, joins Mark and Ryan to discuss Fed Chair Jerome Powell's speech and the big topic was fiscal policy.
01:04:54
27/08/2021
Delta and Debt
Mark, Ryan, and Cris welcome back Marisa Di Natale, Senior Director at Moody's Analytics to discuss the impact of the Delta variant of COVID-19 on the U.S. economy. The big topic is the health of the American household balance sheet. Full episode transcript can be found here: https://about.moodys.io/podcast-episodes/delta-and-debt
01:12:57
18/08/2021
China Angst and Container Cost
Daniel Rosen, founder of Rhodium Group, joins Mark, Ryan, and Cris to discuss all things China. Full episode transcript can be found here.Recommended Reads Deng Xiaoping and the Transformation of China, by Ezra F. Vogel, https://www.amazon.com/Deng-Xiaoping-Transformation-China-Vogel/dp/0674725867.Japan and China, Facing History, by Ezra F. Vogel, https://www.amazon.com/s?k=china+and+japan+facing+history&i=stripbooks&crid=BEU5K0MDV8FW&sprefix=china+and+japan%2Cstripbooks%2C178&ref=nb_sb_ss_ts-doa-p_2_15
01:15:10
13/08/2021
Jobs Jobs Jobs
Mark, Ryan, and Cris welcome back their first repeat appearance guest - Dante DeAntonio, Senior Economist at Moodys Analytics. They breakdown the numbers in the July Employment Report and discuss the labor force and productivity in great detail. They also touch on the Delta Variant and its impact on the economy. Slides talked about in today's episode can be found here. Full episode transcript.
01:10:02
06/08/2021
ECI and ECB
Kamil Kovar, Economist at Moody's Analytics, joins Mark, Cris and Ryan to discuss U.S. and euro zone GDP along with wages. They also discuss Mark's cancelled flight and the big topic was monetary policy in the U.S. and euro zone.
01:18:41
30/07/2021
Flipped Signs and Forecast Philosophy
Marisa DiNatale, Senior Director at Moody's Analytics, joins Mark, Ryan, and Cris and they recall their own favorite and least favorite forecast of all-time. They also discuss different approaches to forecasting, the meaning of being accurate, and who is a hedgehog or fox.
01:28:44
23/07/2021
China and Cris Votes No
Dan White, Director of Public Sector Research at Moody's Analytics, joins Mark, Ryan, and Cris to debate the economic impact of the bipartisan infrastructure deal and other proposed government spending. A full transcript of the episode can be found here.
01:09:36
16/07/2021