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The Grant Williams Podcast

The Grant Williams Podcast Ep. 120 - Danielle DiMartino Booth

The Grant Williams Podcast

Grant Williams

Investing, Business:investing, Business

4.8 • 1.6K Ratings

🗓️ 23 April 2026

⏱️ 30 minutes

🧾️ Download transcript

Summary

In the latest episode of The Grant Williams Podcast, I welcome Danielle DiMartino Booth back for a wide-ranging conversation about a macro backdrop that feels increasingly detached from the official story. Danielle explains why consumer sentiment—particularly rising expectations of unemployment—is flashing a far darker signal than headline labour data suggests, and why she believes the average household is under far more pressure than policymakers are willing to admit. From hidden weakness in the job market to the spread of gambling, speculation, and buy now, pay later behaviour, our discussion paints a picture of an economy held together by coping mechanisms, financial stress, and a deepening sense that something important is missing beneath the surface. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com.  Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm…

Transcript

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0:00.0

Before we get going, here's the bit where I remind you that nothing we discussed should be considered as investment advice.

0:16.1

This conversation is for informational and hopefully entertainment purposes only.

0:20.2

So while we hope you find

0:21.7

it both informative and entertaining, please do your own research or speak to a financial advisor

0:27.1

before putting a dime of your money into these crazy markets. You're about to listen to a very

0:36.7

special preview edition of the Grant Williams podcast

0:38.8

featuring my very special guest, Danielle D. Martino Booth of Quill Research.

0:43.4

Danielle is a name who I'm sure you'll be familiar with, and as always, there is plenty to talk about

0:49.2

from economic data to midterm elections, to the Fed, the Treasury and the Dollar.

0:54.0

All kinds of subjects came

0:55.4

under that in what was a hugely enjoyable conversation. Every episode of the Grant

1:00.5

Williams podcast, including the end game, the super terrific happy hour, the narrative game,

1:04.4

this week in Doom, chaos theory, shifts happen, and the 100 year pivot is available to

1:09.6

copper and civil tier subscribers at my website, grant-dash-williams.com. Copper-tier subscribers get access to all the podcasts while members of the Silver-tier get both the podcasts and my monthly news, that are things that make you go home. So if you enjoy what we're here on the show and you'd like more high-quality content like it, then please make your way over to grant-dash- grant dash Williams.com and join our exciting community today. And now on with the show.

1:35.9

Danielle, it has been a long time. How are you?

1:44.0

I am well, Grant. We should not wait years,

1:46.6

but yet we have. I know. It probably has been a couple of years, right? It has. Yeah. Yeah.

1:51.7

Not much as change either, so yeah. It's still as baffling as ever. But look, there are so many places

1:56.8

we can start. We can talk about inflation. Obviously, we're going to talk about the Fed.

2:00.8

We can talk about Iran and oil prices and energy, but I want to start somewhere a little

2:06.6

off the wall, and that is the University of Michigan conference numbers, which came out

2:11.9

a little while ago.

...

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