S8 Ep746: The Resilience of the American Consumer Guest: Elizabeth Peak Elizabeth Peak and John Batchelor discuss the robust state of the US economy. Despite global conflict, consumer spending remains high, and the Trump agenda of deregulation and tariffs continues
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 15 April 2026
⏱️ 13 minutes
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Summary
- The Resilience of the American Consumer Guest: Elizabeth Peak Elizabeth Peak and John Batchelor discuss the robust state of the US economy. Despite global conflict, consumer spending remains high, and the Trump agenda of deregulation and tariffs continues to foster domestic growth.
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Transcript
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| 0:29.9 | Today. I'm John Batchler. I welcome Elizabeth Peek, a columnist of the Hill, |
| 0:49.8 | economists at Fox News, much on Fox business, to comment on the American economy here in war times, several |
| 0:57.3 | war times. And what we have now is the price of oil is a guessing game for where it's headed, |
| 1:03.0 | because there is no certainty whatsoever in the Straits of Hormuz or now in the Babel-Mandeb, |
| 1:09.5 | which is part of the argument about the Red Sea |
| 1:11.6 | at risk of the Houthis. Leaving all that aside, I come to Liz with a statement that is supposed to be |
| 1:18.0 | the voice of the President of the United States at State of the Union time, but I'm feeling like it. |
| 1:24.1 | Liz, the state of the American economy is strong. |
| 1:27.8 | You want to disagree. |
| 1:28.8 | Good evening to you. |
| 1:30.2 | Good evening, John. |
| 1:31.1 | I certainly will not disagree with that because all the indicators we have continue to be pretty positive, |
| 1:38.1 | including, let's face, at the stock market. |
| 1:39.8 | I mean, if you had said a year ago, we would have a Middle East conflict underway and blockades of |
| 1:47.3 | the Strait of Hormuz and oil over $100 a barrel, I think most people would have expected that |
| 1:52.8 | the stock market would take a pretty big hit. But in the U.S., what we're seeing is that the consumer |
| 1:58.5 | remains okay. And spending is relatively strong. |
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