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Plain English with Derek Thompson

Why the U.S. Could Be Headed For the "Weirdest Recession Ever"

Plain English with Derek Thompson

The Ringer

News, News Commentary

4.72.1K Ratings

🗓️ 17 May 2022

⏱️ 53 minutes

🧾️ Download transcript

Summary

Crypto crashes, rate hikes, recession, fears, and inflation prints: The U.S. economy is in a very bizarre place right now, and Derek needs help explaining it. Michael Batnick and Ben Carlson of Ritholz Wealth Management are back on the pod to reconvene the economic roundtable. We play a game of "Finish the Sentence": The single most shocking stock market stat is …? The long-term bull case for crypto is ... ? The worst sign for the US economy is … ? The BEST sign about the US economy is …? If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guests: Michael Batnick and Ben Carlson Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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What's up guys Rachel Lindsay here and I am teaming up with your favorite

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We'll be mentioning it all every week check it out on Spotify and the Ringer.com.

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Application financial circumstances borrowing history and fees applied UK residents only.

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Air France and its crew invite you to discover its business class cabin where you can enjoy a full flat bed.

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For even more comfort an ultra soft duvet and pillow are at your disposal.

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Air France wishes you a pleasant podcast.

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Elegance is a journey. Air France book your business class tickets now at AirFrance.co.uk

1:27.0

Today's episode is about a US economy and a stock market and a crypto industry and an inflation reality

1:34.0

that all seems to be getting weirder and weirder and weirder every single week.

1:40.0

Today's guests are return guests Michael Batneck and Ben Carlson of Rithole's wealth management,

1:45.0

co-host of the animal spirits podcast.

1:47.0

And in this episode we play a game of finish the sentence.

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