Say we achieve a soft landing. Then what?
Marketplace
Marketplace
4.6 β’ 8.5K Ratings
ποΈ 16 August 2023
β±οΈ 27 minutes
ποΈ Recording | iTunes | RSS
π§ΎοΈ Download transcript
Summary
If the Federal Reserve chills inflation without tipping the economy into a recession β known as the elusive “soft landing” β what will that look like and what happens when we get there? We dig into the ideal outcomes. We also take a bite out of three slices of our economy: retail inventories, Fed decision-making and investors’ aversion to risk.
Transcript
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| 0:00.0 | Marketplace Morning reports new Skin in the Game series explores what we can learn about |
| 0:04.5 | money and careers from the $300 billion video game industry. |
| 0:09.4 | Plus here how an Oakland-based program helps young people get the skills they need to break |
| 0:14.0 | into this booming industry. |
| 0:16.0 | Listen to Skin in the Game and more from the Marketplace Morning report wherever you get |
| 0:20.5 | your podcasts. |
| 0:23.7 | On the program today this economy of hours sliced three different ways. |
| 0:30.4 | From American public media this is Marketplace. |
| 0:42.7 | In Los Angeles I'm Kyle Rizdal it is Wednesday today this one is the 16th day of August. |
| 0:48.5 | It is always to have you along everybody. |
| 0:51.4 | We are going to start today with a trifecta of sorts three different stories on three |
| 0:56.2 | different slices of this economy that will in eight or so minutes from now have delivered |
| 1:02.0 | a handy overview of where things stand at this precise economic moment and we begin with |
| 1:08.1 | the topic well known to regular listeners of this program stuff inventory is the technical |
| 1:14.1 | term and how much extra inventory retailers built up during the pandemic. |
| 1:19.0 | They have spent most of the past year those retailers have trying to get rid of all that |
| 1:23.8 | excess in very large part by offering discounts to move stuff off their shelves. |
| 1:30.2 | Well to that point this morning target said its inventories are 17% lower than they were |
| 1:35.4 | last year. |
| 1:36.4 | Thank you very much and as a result it is not going to be offering as many discounts. |
| 1:42.2 | But as Marketplace is just in hoe reports that does not necessarily mean the era of |
| 1:47.3 | Markdowns is behind us. |
... |
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