Fed officials speak up on inflation
Summary
Fed officials signal potential further rate hikes to combat persistent inflation, while labor data shows a resilient job market where displaced workers increasingly switch industries. The episode also covers a potato oversupply in Colorado forcing farmers to destroy crops, a strong El Niño's impact on insurance and weather patterns, and the rise of Spirit Halloween stores in former Jo-Ann locations.
Topics discussed
Sponsor: University of Illinois iMBA
Intro: Fed officials and interest rates
Host introduction and date
Fed chatter and potential rate hikes
Unemployment claims and job market data
Layoffs and career transitions in the digital age
New home sales and mortgage rates
Houston housing market interview with Letitia Grant
Transition to market numbers
Market numbers: Stocks, bonds, and Starbucks
Sponsors: Morgan Stanley and Assured Guarantee
Super El Niño and insurance risk modeling
Potato oversupply in Colorado's San Luis Valley
Spirit Halloween stores and retail vacancies
Marketplace donation appeal
Sponsor: Capital One Venture X Card
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