ABOUT THIS EPISODE
Oil is lower, Hormuz traffic is recovering, and the geopolitical risk premium embedded in energy markets since March is unwinding. But calmer waters shouldn't be confused with resolved ones. Beneath the surface, some important new currents are running.
In our charts this week:
- Equity market momentum and global growth surprises — a shifting picture
- Oil and US two-year yields have decoupled — the Fed under Warsh isn't following crude lower
- June flash PMIs: supply chain stress easing, manufacturing price pressures softening
- Hormuz shipping traffic recovering — direction matters even if levels remain depressed
- South Korea exports, including semis, flagging a modest loss of momentum
- Super El Niño building — the SOI is drifting negative, and history shows what that means for Asian rice supply
English
United States
TRANSCRIPT 🔗
Are you the producer of this podcast?
Add a podcast transcript
Need Audio-to-Text?
Transcribe with Listen411 in Just 60 Seconds
OTHER EPISODES IN THIS PODCAST
In this episode, Andy Cates is joined by Daniel Jerrett, PhD — founder of SmartMacro Labs and Haver's official training partner — to get past the noise around AI and ask what the technology actually changes for economists and investment teams. They discuss why most teams are stuck in a prompt loop …
The global economy has held up better than a noisy summer might suggest, with tensions in the Middle East, intervention to steady the yen, and nerves over AI spending all unsettling sentiment — yet the data have stayed firm and the pressure on interest rates has been upward, not down. In this week'…
The real economy has refused to buckle. Through a year of tariffs, conflict and tighter money, global growth has held up — and firmer growth has sat naturally alongside higher yields. Indeed, what stands out is why those yields are climbing: almost entirely the real rate and behind it the deeper qu…
Central banks set the tone this week. After Warsh's first Jackson Hole address, and with the ECB expected to move again, the monetary tide is turning towards tightening — even as growth slows. The week in six charts:
→ Forecasters expect higher rates in most major economies
→ Shipping and supply-…
In this week’s podcast, Andy talks with Sharmila Whelan from Westbourne Research.
Long-term interest rates are back near two-decade highs. The short end has eased as soft US data pare back Fed tightening bets, but the long end keeps climbing on deeper, structural forces. Many of this week’s charts…
Disclaimer: The podcast and artwork embedded on this page are from Haver Analytics, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
EDIT
Thank you for helping to keep the podcast database up to date.
