America Trends Podcast
EP 773 From Inflation to the Private Equity Bubble: Where is the Economy Headed?
Many money matters are trending in our economy. Some, like softening, but stubborn, inflation still tops the list of what people sense about these economic times. And while recent price reductions at McDonald’s, Wal-Mart and grocery food chains, like Stop & Shop, suggest retailers are sensing that consumers have reached a tipping point and are pulling back, how much it continues to ebb may well predict the outcome of the November elections. Jared Dillian, the editor at Jared Dillian Money(jareddillianmoney.com) and the author of “No Worries: How to Live a Stress-Free, Financial Life” delves deeply with us on the hobby horse we have ridden on this podcast before and that is the excesses in the gargantuan private equity market. Its latest victim is the beloved Red Lobster chain. We also discuss other trends like price spikes in gold, copper, metals and commodities and this quiet moment when it comes to oil and gas prices.