Caught in the Canada trade war crossfire
Summary
Marketplace discusses Fed Chair Kevin Warsh's recent rate hike and his assertion that policy is not yet restrictive, alongside concerns about President Trump's pressure on the central bank. The episode explores how rising Treasury yields are impacting bank lending and liquidity, while also covering the economic toll of U.S.-Canada tariffs on small businesses and cross-border trade. Additionally, the show examines the shift toward "quiet hiring" on LinkedIn and features a personal story about a homeowner who sold her house to eliminate credit card debt.
Topics discussed
Sponsors: Hard Lessons and Odu
Introduction and Friday Bond Talk
Fed Chair Warsh and Forward Guidance
Policy Restrictiveness and Labor Market Views
Trump Pressure and Fed Independence Concerns
Consumer Spending and Bargain Hunting Trends
Rising Treasury Yields and Bank Lending
US-Canada Trade War Impact on Businesses
Market Numbers and Gas Prices
Sponsors: Odu, Wise, Illinois MBA, ShipStation
LinkedIn as a Job Search and Networking Tool
Adventures in Housing: Paying Off Credit Card Debt
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