Sorry, we can’t hear you through all the economic noise
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 20 January 2025
⏱️ 28 minutes
🧾️ Download transcript
Summary
The economic data of the last few months has reflected more than the typical turbulence. Labor strikes, natural disasters and political uncertainty have affected consumer sentiment surveys, producer prices, mortgage rates and more. In this episode, we asked economists how they’re separating the significant from the irrelevant. Plus, Sudeep Reddy at Politico talks Trump’s economic messaging, Los Angeles wildfires intensify the region’s housing shortage and bond yields are up globally.
Transcript
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| 0:54.4 | everything secure. This week on Imperfect Paradise, inside the first five days of LA's |
| 1:01.1 | destructive wildfires. We sit down with host of A.Tock, Larry Mantle. Through moving Collins |
| 1:07.1 | and Larry's insight, we piece together one of the scariest weeks in L.A. history. |
| 1:12.4 | There's nothing else like what we've gone through with these twin fires. |
| 1:16.9 | On Imperfect Paradise, wherever you get your podcasts. |
| 1:29.6 | Well, here we go. |
| 1:33.2 | Again, from American public media. |
| 1:35.9 | This is Marketplace. |
| 1:47.2 | In Los Angeles, I'm Kyle Rizzdahl. |
| 1:50.1 | It is Monday, today the 20th of January. |
| 1:52.4 | Good as always to have you along, everybody. |
| 1:57.1 | We have arrived at day one of the second Trump term. |
| 2:00.7 | There are twists and turns a plenty ahead, to be sure. But we are going to take a couple of minutes here to set the economic stage for the next four years. Sudip Reddy is at Politico. He also moonlights with us on Fridays every now and then. Hey, Sudeep. Hey, Kai. Happy Monday, I think. Happy Monday, I think. So, look, let's benchmark this here for a second. Despite what the president, I almost called him president-elect, despite what the president said in his inaugural address today, the American economy is strong. Yes, prices are elevated, but by and large, this economy is the envy of the world. |
| 2:30.3 | Yeah, President Trump could come into office right now and start talking about how we have low unemployment, record oil production, lower border crossings than we had when he left off as a whole host of things. |
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