Duke Economist Dr. Michael Munger discusses how much trouble the economy is actually in
WIBC 9AM-Noon Podcast
WIBC
4.6 • 1.2K Ratings
🗓️ 12 September 2022
⏱️ 11 minutes
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| 0:00.0 | When they let me in, I want to be a friend, I want to part your dreams in this, just around the corner. |
| 0:08.0 | 93, WIBC, it's Kindle of Caseshow and Rob Cases here, you know, KC. |
| 0:13.0 | We're experts in many things, but finances in the economy probably not exactly one of them. |
| 0:20.0 | Not at the top of the list? |
| 0:21.0 | Well, you know, we're really good at not making money because we work in radio. |
| 0:26.0 | But if we're not good at the economy and numbers and finances, you know what we are good at. |
| 0:31.0 | What's that? |
| 0:32.0 | Finding someone who is. |
| 0:33.0 | That is true. |
| 0:34.0 | And so when we talk economy and finances, we only bring the best into Central Indiana. |
| 0:39.0 | His name is Dr. Michael Munger. |
| 0:40.0 | He's an economist from Duke University. |
| 0:42.0 | Dr. Munger, how are you? |
| 0:44.0 | I am just fine. |
| 0:45.0 | A fine good morning to you. |
| 0:47.0 | I'm going to read you a headline from the Wall Street Journal and I'd be curious to get your response to this. |
| 0:53.0 | It says, sliding earnings estimates pose next test for markets. |
| 0:59.0 | And I read this to you because it seems like every headline these days or almost every headline is a related to the economy, |
| 1:05.0 | is bad, worse or worstest? |
| 1:08.0 | Am I misreading the tea leaves here? |
| 1:11.0 | Well, to be fair, the Wall Street Journal is talking about earnings in the stock market, |
| 1:17.0 | which is a very selected part of what you might call the economy. |
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