Playing an economic guessing game
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 15 April 2024
⏱️ 29 minutes
🧾️ Download transcript
Summary
The economy has historically been a major factor in election forecasting. But right now, the economy is kinda all over the place. In this episode, how some experts are adjusting their models to account for increased polarization and others are throwing in the towel. Plus, more guessing games: Will BYD crush Tesla? Should firms make big deals before inflation cools? And wait — when am I scheduled to work?
Transcript
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| 1:15.0 | On the program today, you, |
| 1:18.0 | a certain electric car that shall not be named, |
| 1:21.0 | and it's the economy stupid, or is it? |
| 1:27.7 | From American public media, it is Monday, today, the 15th of April. |
| 1:45.6 | It is always to have you along, everybody. I think it's probably been a while since I've said this, |
| 1:51.3 | and it's especially relevant today so here goes. |
| 1:56.0 | Spending by or on behalf of consumers is responsible for something near 70% of everything that happens in this economy. |
| 2:05.8 | And one disregards it at one's peril. So we won't. And in fact, we'll begin today |
| 2:12.1 | with the most recent data point in the |
| 2:13.8 | macroeconomic constellation retail sales. They were up in March from |
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