Daddy's Money: Recent Episodes
Jermain
Welcome to the Market312 podcast. On this episode we have a conversation about the latest economic data. We'll discuss the upcoming Federal Reserve decision on interest rates, August inflation, and August jobs report.
August CPI:
The Bureau of Labor Statistics (BLS) announced that the CPI index rose 0.1% in August and 8.3% for the last 12 months. We discuss the report and what this means for the Federal Reserve.
Link: August CPI report
August employment report:
The BLS announced that in August the US economy added 315k jobs versus expectations of 318k. We discuss what this means for the Federal Reserve.
Link: August employment report
Jermain goes shopping for a new truck is in for a RUDE surprise when he walks out on the dealership floor only to find 5k-15k 'Dealer Market Adjustments' on ALL the pricing sheets. Is now the best time to buy a car? Should I wait? Sit down with Jermain and discuss the car market on the first episode of Daddy's Money!
Welcome to the Market312 podcast! On this episode we dive into a conversation about the Biden administration's plan for student debt relief.
Washington Post eligibility calculator: Calculate how much of your student loan debt can be forgiven - Washington Post
We start wondering if President Biden will announce any day now his best solution for student loan debt forgiveness. Additionally we walk thru Jermain’s personal economy from shopping to a new pickup truck to seeing inflation in his grocery bill. Crocs in the office?! Maybe, bby ;)
Stay tuned for our new series ‘Daddy’s Money”, our new personal finance series with real stories off the street. Daddy’s Money will focus on personal stories of finance thru the eyes of a 30 year old living thru this post pandemic economy.
Welcome to the Market312 podcast! On this episode we dive into a conversation about the latest economic data. We'll discuss latest the Federal Reserve decision on interest rates, Q2 GDP data, July inflation, and July jobs report.
July interest rate increases:
The Federal Open Market Committee (FOMC), the Fed's policy-making committee, decided on a 75-basis point (0.75%) rate increase in their July meeting.
Link: FOMC July 27, 2022 press release
Q2 2022 GDP:
The Bureau of Economic Analysis (BEA) announced that in Q2 the US economy shrank by 0.9% on an annualized basis. We'll dig into the numbers.
Link: Bureau of Econimic Analysis (BEA) Q2 2022 GDP News Release
July CPI:
The Bureau of Labor Statistics (BLS) announced that in July inflation declined to 8.5% year over year and came in at 0% month over month. We dig into the report and discuss what this means for the Federal Reserve.
Link: July CPI report
July employment report:
The BLS announced that in July the US economy added 528k jobs versus expectations of 250k. We discuss what this means for the Federal Reserve.
Link: July employment report
We discussed the definition of recession in an earlier episode: Market312 Podcast: GDP, the R-word, and the Fed
Link: Apple podcast or Spotify
Welcome to the Market312 podcast! On this episode we dive into a conversation about student loans.
Student loans forbearance began in March 2020 and since then the pause has been extended a total of seven times. We are now only a few short weeks away from the end of this pause, but this time there seems to be chatter and leaks that the president may be close to finally making a decision.
So, we thought that a discussion on this topic would be useful to sift through the news over the coming weeks.
During our conversation we cover who is impacted by student loans, some of the proposals for relief being floated by elected officials, the challenges to these proposals, and the impact that this decision may have on the midterm elections.
Links to sources cited during episode:
Committee for a responsible Federal Budget report on the impact to inflation resulting from student loan cancellation: Cancelling Student Debt Would Add to Inflation | Committee for a Responsible Federal Budget (crfb.org)
NY Fed blog post on the cost of student loan cancellation: Who Are the Federal Student Loan Borrowers and Who Benefits from Forgiveness? - Liberty Street Economics (newyorkfed.org)
Welcome to the Market312 podcast!
This week join us for a discussion on the upcoming Q2 2022 GDP release and Fed announcement on interest rates.
GDP numbers are being announced the morning of July 28 and most estimates see a decline in GDP for Q2.
Which means that we will have two consecutive quarters of negative GDP growth, which fits into the general rule of thumb for a recession. However, to be clear, it’s the NBER that makes this determination retrospectively. So, we may not know for some time if we are in a recession.
There are a lot of crosscurrents in the economy and time will tell if the current slowdown continues and we do end up in an official recession. In the meantime, stayed tuned to the pod as we continue to discuss the evolving economy.
Welcome to the Market312 podcast!
This week join us for a discussion on the latest news on Twitter v Musk case and June inflation report.
Link to Twitter v. Elon Musk complaint. It's a real page-turner filled with memes and poop emojis!
Welcome to the Market312 podcast!
Every week we'll bring you a show about all things business, the economy, and the occasional conversation about memes and politics.
Our goal is to have conversations about economic and business topics that go beyond just the headline so that you leave with a better understanding of the full story and some context.
We might also crack a few jokes during our conversations.
We hope that you'll subscribe to the pod and join us!