Investors are recalibrating their interest rate expectations
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 7 October 2024
⏱️ 9 minutes
🧾️ Download transcript
Summary
Third quarter earnings season kicks off this week, when we’ll get a view of the economy through the lens of the companies on the front lines. We had a banner jobs report last week. Are banner earnings next? And what would all that mean for future rate cuts? Also on the show, we’ll examine why labor force participation has hovered at around 63% for a few years now.
Transcript
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| 0:00.0 | Hi I'm Kai Rizdahl the host of How We Survive |
| 0:03.4 | It's a podcast from Marketplace. In 1986, before I was a journalist, I was flying for the Navy. |
| 0:09.6 | Mr. Gorbachev, tear down this wall. |
| 0:14.4 | It was the cold war and my first deployments were intercepting Russian bombers. |
| 0:18.6 | Today though, there's another threat out there, climate change. |
| 0:22.6 | This could be the warmest year on record. |
| 0:24.6 | Climate change is here. |
| 0:25.7 | Temperatures here are warming faster than anywhere on Earth. |
| 0:29.5 | And while the threat seems new, the Pentagon's been funding studies on climate change since the 1950s. |
| 0:35.9 | I think we will put our troops and our forces at higher risk if we don't recognize the impact of climate change. |
| 0:44.7 | This season, we go to the front lines of the climate crisis |
| 0:47.5 | to see how the military is preparing for the threat. |
| 0:51.0 | Listen to how we survive, wherever you get your podcasts. |
| 0:55.0 | Investors are recalibrating their interest rate expectations. |
| 1:00.0 | For Marketplace in Los Angeles, I'm Novasafo in for David Brancaccio. |
| 1:05.0 | Third quarter earning season kicks off this week and will get a view of the economy |
| 1:09.0 | through the lens of the companies that are on the front lines of it. |
| 1:13.1 | So after a banner jobs report last week, our banner corporate results next. |
| 1:18.6 | Let's put that question to Julia Coronado, founder and president of macro policy perspectives, and a professor at the University of Texas Austin. |
| 1:25.8 | She joins me now. Good morning. |
| 1:27.4 | Good morning. |
| 1:28.4 | So as usual for earning seasons, major banks kick things off. We'll also hear this week from Pepsico and Delta Airlines. |
... |
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