Simply Put

By: Will Compernolle
  • Summary

  • A new podcast from FHN Financial looking at the most important things driving fixed income markets and the macroeconomy. Every episode features experts who give unique insights on topics like the regional banking landscape, commercial real estate, or how to translate Federal Reserve policy into market strategies. Tune in to better understand what’s been moving markets lately, and what to keep an eye on in the weeks and months ahead. Listen and subscribe wherever you get your podcasts
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Episodes
  • Adam Sacks on How Tourism Helps Explain Economic Resilience
    Sep 20 2024
    Tourism has bounced back after significantly suffering during early pandemic shutdowns. Households across the income spectrum continue to spend on discretionary travel despite economic pessimism and depleted savings. Tourism’s recovery and strength offer insight into how the overall economy has managed to weather high inflation and aggressive Fed tightening without tipping into a recession. In this episode, we talk with Adam Sacks, President of Tourism Economics, about the tourism industry’s challenges since 2020, how tourists have defied predictions of a consumer slowdown, and how spending strength has varied across geographies, income groups, and sectors.
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    31 mins
  • Patrick Higgins on Using GDPNow to Estimate Economic Growth
    Sep 6 2024
    The Atlanta Fed’s GDPNow model is followed closely by financial market participants as an estimate for economic growth. Rather than looking at a long-term horizon, the model focuses only on the current quarter and updates its estimate after important monthly data reports, giving a real-time ability to check the pulse of the economy instead of waiting for each quarterly GDP release. In this episode, we talk with Patrick Higgins, Economist with the Atlanta Federal Reserve and creator of the GDPNow model, about how the model differs from other forecasts, its track record against the official GDP data, and the challenges of forecasting throughout the pandemic.
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    28 mins
  • Dr. Campbell Harvey on the Inverted Yield Curve’s Recession Signals
    Aug 23 2024
    In his 1986 PhD thesis, Campbell Harvey identified the predictive power of the inverted yield curve through four business cycles. With curve inversion correctly foretelling three more recessions since then, investors this cycle have been anticipating an impending downturn ever since the yield curve inverted nearly two years ago. In this episode, we talk with Dr. Campbell Harvey, Professor of Finance at the Fuqua School of Business at Duke University, about the theoretical foundation connecting the inverted yield curve and recessions, whether this cycle could be different, and what it implies for Fed policy.
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    39 mins

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