WTFinance, Released on 7/19/24 (Recorded on 7/18/24)
On this episode of the WTFinance podcast I had the pleasure of welcoming back Danielle DiMartino Booth. Danielle is the CEO & Chief Strategist for QI Research, a research and analytics firm. During our conversation we spoke about her outlook for the economy, unemployment and whether it could stick, how bad could the recession be and more. I hope you enjoy.
0:00 – Introduction
1:44 – Outlook for the economy?
3:15 – Unemployment going to stick?
5:35 – Is the economy soft?
6:40 – What will FED do?
9:45 – Further fiscal deficit?
12:30 – Both parties to increase fiscal spending?
13:30 – How bad could the recession be?
17:55 – Are interest rates really high?
18:23 – Trust the economic numbers?
20:50 – Bonds back to safe haven?
22:05 – One message to takeaway from conversation?
Danielle DiMartino Booth is Founder & CEO of QI Research, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider’s Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Lufkin & Jenrette and Credit Suisse, where she worked fixed income and the public and private equity markets. Danielle earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University.