Macrocast by Forbes Tate Partners & Markets Policy Partners

This week on the Macrocast, the team breaks down a stronger than expected April jobs report showing 115,000 new jobs and what it suggests about continued labor market strength and market expectations around growth and policy. The discussion then turns to rising geopolitical tensions between Iran and the U.S. and the resulting pressure on oil prices, inflation dynamics, and energy sensitive sectors.The episode also covers key policy developments including potential changes in Fed leadership, emerging Senate efforts on crypto regulation, and growing concerns around proposed AI oversight frameworks. The team closes with a preview of next week’s major data releases including CPI, PPI, and retail sales, and what they may indicate about inflation trends and the Federal Reserve’s policy path.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

This week on Macrocast, the team examines Fed Chair Powell’s decision to remain beyond his tenure as chair and what it means for Fed independence as Kevin Warsh prepares to take over. The discussion also touches on the labor market and whether there is a case for interest rate cuts, weighing factors like inflation, the impact of AI on employment, and broader economic signals. The episode closes with a look at the AI boom and its effect on markets, the surge in data center anxiety, and updates from Washington.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

This week on the Macrocast, the team digs into the latest economic data and what it is signaling for the broader outlook, though as they joke, it is starting to feel a bit like Groundhog Day. Geopolitical tensions with Iran continue to loom, keeping energy markets unsettled and making it harder for broader risk sentiment to find direction. Inflation remains in focus as well, with energy price pressures adding another layer of uncertainty to the path ahead.On the political side, the run-up to the midterms is starting to pick up pace, bringing markets another variable to watch. Looking ahead, next week brings first-quarter GDP and a packed central bank calendar, setting up a busy stretch for both growth and policy expectations.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners 

This week on the Macrocast, the whole team, with special guest John Dick returning, breaks down the latest inflation data and what it signals for the U.S. economy. They go through CPI, recent inflation trends, and moves in gas prices as markets reassess the path for prices and policy.The discussion also turns to artificial intelligence and its accelerating impact on growth, productivity, and market expectations. On the geopolitical side, they look at the reopening of the Strait of Hormuz and its implications for energy markets and inflation pressures.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners CivicScience

This week on the Macrocast, John Fagan and Brendan Walsh discuss a busy stretch of economic data coming out this week, along with key developments in markets and geopolitics.Geopolitical risk tied to Iran continues to drive volatility, with particular attention on the Strait of Hormuz and its implications for global energy markets and inflation expectations. For more about the hosts, please see below: Markets Policy Partners

This week on the Macrocast, John Fagan is joined by special guest Trevor Hanger to examine the outlook for the U.S. economy as markets balance resilient data with rising risks. They cover shifting expectations for monetary policy, with Fed Chair Jerome Powell signaling a more cautious, wait-and-see approach.Risk tied to Iran remains central, driving volatility in energy markets and complicating the inflation outlook. From an investor perspective, they explore how markets are navigating policy uncertainty, tariffs, and geopolitical developments.The episode also marks one year since the “Liberation Day” tariff announcements that shook financial markets. Finally, with Washington in the second week of a two-week congressional recess, they look ahead to the policy calendar and key market drivers.For more about the hosts, please see below:Forbes Tate PartnersMarkets Policy Partners

This week on the Macrocast, the team examines rising oil prices and their impact on gas markets, along with heightened market volatility amid global uncertainty. Geopolitical tensions in Iran continue to influence investor sentiment, while recent chaos on the Hill, including airport shutdowns and the DHS funding deal, has made headlines. Housing data shows prices remaining elevated, and the discussion turns to the SAVE Act and its ongoing political implications. Looking ahead, next week’s economic releases are on the radar, including European inflation, global manufacturing updates, and U.S. retail sales and jobs numbers.For more about the hosts, please see below:Forbes Tate PartnersMarkets Policy Partners

This week on the Macrocast, special guests Trevor Hanger and John Dick join the team to break down key developments across the economy, politics, and markets. John Dick shares new survey data and insights on consumer sentiment and rising gasoline prices. The team also discusses the conflict in Iran and resulting market volatility, as well as Chair Jerome Powell and the possibility he may remain in his role longer than expected. Trevor Hanger weighs in on the SAVE America Act and voter fraud debates. With March Madness fever at an all-time high, the team dives into the tournament frenzy, breaking down the matchups, sharing picks, and exploring how sports are driving consumer buzz.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

This week on the Macrocast, the team covers the Senate’s bipartisan ROAD to Housing Act and its potential effects on housing markets. They break down the ongoing DHS funding impasse, discuss the planned Kevin Warsh hearing in the Senate Banking Committee, and assess the broader market implications of Iran tensions and rising gas prices. The episode closes with a look ahead to next week’s central bank activity, highlighting what investors and policymakers will be watching as the economic data calendar quiets. For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

This week on the Macrocast, Trevor Hanger of Forbes Tate Partners joins the team to discuss the conflict with Iran, assessing energy market volatility and its domestic ripple effects. Shifting focus to the 2026 election cycle, the group analyzes the variables shaping the midterm election as the primary season heats up, including the impact of tariffs. The episode concludes with a look at the DHS shutdown, housing policy, and the global and domestic economic data to watch.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

This week on the Macrocast, the team is joined by John Dick of CivicScience to discuss AI adoption, consumer behavior, and the growing anxiety around AI tools.This episode also dives into economic data, including the latest PPI report, which came in much higher than expected and could eventually feed through to consumer prices, along with broader implications for markets and policy. Plus, a look at Fed-related news, including insights on Kevin Warsh and the nomination process for the Fed Chair, and what it all could mean for monetary policy in the weeks ahead.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners CivicScience

This week on the Macrocast, the team unpacks the latest inflation and employment data, examining what stubborn price pressures and the labor market mean for the Fed and the economy. They dive into the ongoing small government shutdown, equity market trends, and why chatter about a potential U.S. military engagement in Iran hasn’t moved markets. Tune in for a clear, concise breakdown of the numbers, policy developments, and market sentiment shaping today’s economic landscape.For more about the hosts, please see below:Forbes Tate PartnersMarkets Policy Partners

This week on Macrocast, the team covers stronger-than-expected January jobs and inflation data, along with shifting consumer sentiment. They also explore the Fed outlook, the upcoming Senate confirmation process for Fed Chair nominee Kevin Warsh, and the ongoing Fed investigation. In addition, they dig into the Japanese economy, the latest crypto selloff and regulatory updates, and the risk of a partial government shutdown as Congress heads into recess. For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

This week on The Macrocast, the team is joined by Trevor Hanger of Forbes Tate Partners, to discuss the surge in AI investment, what it means for markets, and where the broader economy may be headed as technology, policy, and market momentum continue to collide. This episode dives into broader economic outlook, including market expectations under the Trump administration, speculation around future Federal Reserve leadership, and the growing debate over how AI could reshape the workforce and whether policy is prepared for that shift.Plus, a look ahead at key data and events, including upcoming Federal Reserve remarks, delayed retail sales, and the latest jobs report, all of which could influence markets in the weeks ahead.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

This week on The Macrocast, the episode dives into growing speculation over future Federal Reserve leadership, with former Fed governor Kevin Warsh emerging as the likely successor. It explores how a more dovish versus more hawkish chair could shape markets, borrowing costs, and the broader economic outlook in the years ahead.The episode also covers Trump-era tariffs and the Supreme Court’s delayed ruling, recent developments in crypto policy, and the latest PPI release as we look toward next week’s CPI report.As always, The Macrocast breaks down economic and political trends, giving listeners insights into how current developments will shape markets and everyday financial decisions.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

This week on Macrocast, the team welcomes frequent guest contributor John Dick of CivicScience to unpack consumer sentiment takeaways from 2025 and what they signal for 2026. The discussion also covers the crypto market and how large banks are beginning to adopt digital assets through new services. The episode ends with developments around Greenland and their market implications, along with the latest Fed updates—including the Supreme Court case and President Trump’s search for a Fed chair. For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

This week on Macrocast, the team discusses the fallout from the Department of Justice’s investigation into Fed Chair Powell and how the news is reverberating through markets and Washington. They cover President Trump’s push to lower prices by rolling out new policies on credit card interest rates and mortgages as Republicans look to boost their 2026 election prospects. The discussion also touches on appropriations bills moving through Congress, the Supreme Court’s looming tariff decision, and key U.S. and global economic data to watch in the days ahead.

Macrocast is kicking off 2026 with a roundup of major economic, policy, and geopolitical developments from recent weeks. The team covers the latest jobs data, dive into Fed updates—including questions around Fed independence ahead of a Supreme Court case—and examine the implications of a possible reversal of President Trump’s IEEPA tariffs for U.S. companies. The episode closes with analysis of U.S. policy toward Venezuela, the role of oil and natural resources, and the Administrations focus on housing affordability what that could mean for Fannie Mae and Freddie Mac.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

Special guest John Dick of CivicScience returns to The Macrocast in the thick of the holiday season. The episode takes a deep dive into seasonal retail trends and the surprising resilience of consumers. Inflation has cooled to 2.7% year-over-year, beating forecasts, but concerns remain about job security, economic pressures, and overall consumer confidence.The conversation explores the resilient mindset of shoppers navigating rising costs, debt, and ongoing uncertainties in the labor market. The hosts also examine the latest data on spending and pricing, unpacking what it all signals for holiday sales and the broader economy. On the policy side, speculation continues over who might succeed Federal Reserve Chair Jerome Powell, and what potential new leadership could mean for markets, interest rates, and economic policy in 2026.As always, The Macrocast breaks down complex economic and political trends, giving listeners insights into how current developments will shape markets and everyday financial decisions.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners CivicScience

This week on Macrocast, the team welcomes Shanita Penny, executive director of the Coalition for Cannabis Policy, Education, and Regulation, for an in-depth look at the evolving cannabis industry. Their wide-ranging discussion explores the current regulatory and business landscape, challenges facing small business owners, and the latest hemp policy developments. The conversation also touches on President Trump’s recent meeting with cannabis executives and what the rescheduling process could mean for the cannabis sector. Plus, the team wraps up with a brief market update, including the Fed’s rate cut and speculation on who might be the next Fed chair.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

Tune in to today’s Macrocast episode for a breakdown of the latest ADP jobs report, which shows U.S. private employment falling by more than 30,000. With the Fed widely expected to cut interest rates this December, the discussion also examines how workplace AI could influence the central bank’s policy decisions. The episode wraps up with insights on President Trump’s potential Fed Chair pick, Japan’s historically high government bond yields, and the upcoming Congressional appropriations bills. For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

In this week’s Macrocast episode, the team breaks down the delayed jobs report and the mixed signals it is sending to markets, along with what it could mean for the Fed’s December interest rate decision. They also dig into the recent market volatility driven by concerns about a potential AI bubble, even as NVIDIA posts strong earnings. Finally, the conversation turns to global financial developments, including Japan’s ongoing efforts to stabilize its economy.

This week on the Macrocast, the team unpacks the end of the 43-day government shutdown—the longest in U.S. history—and what the government’s reopening could mean for markets and economic confidence. The conversation then turns to the fast-evolving world of AI, where policymakers, investors, and analysts are debating whether the sector’s rapid growth reflects genuine innovation or valuations that may be getting ahead of themselves. The hosts also take a look at the latest volatility in crypto markets, including Bitcoin’s recent swings and the market buzz sparked by the return of McDonald’s McRib.As always, the team breaks down the week’s major moves and what they really mean for markets, policymakers, and everyday Americans. For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

This week on Macrocast, the team welcomes Tori Smith, Senior Vice President at FTP and a trade policy expert, for an in-depth discussion on the latest tariff developments. They unpack the Supreme Court case challenging President Trump’s use of IEEPA tariffs, exploring how trade laws and policies could allow tariffs to continue even if the Court rules against the administration. The conversation also covers the U.S.–China relations, the rare earth market, the government shutdown, and the latest U.S. economic data. For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

In today’s Macrocast episode, the team discusses the Federal Reserve’s rate cut and its increasingly hawkish tone. They also cover the meeting between President Trump and President Xi in South Korea, including the agreement they reached on tariffs, export controls, and trade. The episode concludes with a look at the Supreme Court’s consideration of President Trump’s tariffs under IEEPA and the government shutdown. For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

On today’s Macrocast episode, CivicScience CEO John Dick joins to unpack the growing economic impact of the ongoing government shutdown, exploring how uncertainty in Washington is shaping consumer sentiment and holiday retail forecasts. The discussion also dives into debates over cryptocurrency regulation, the latest inflation trends and Federal Reserve analysis, and concludes with timely updates on U.S.-China relations. For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

This week on Macrocast, the team examines escalating tensions between the U.S. and China ahead of their upcoming meeting at the APEC summit in South Korea, including the global impact of China’s rare earth controls. They also discuss the recent fraud incidents involving Zions Bancorp and Western Alliance Bancorp, exploring what these cases reveal about the broader health of regional banks. The episode wraps up with an update on the ongoing government shutdown and the sharp rise in gold prices.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

On today’s Macrocast episode, the team unpacks the nuances of the government shutdown, examining partisan dynamics and the impact on the federal workforce. They also take a critical look at the Federal Reserve’s interest rate policy and speculate on the Fed’s target interest rate, discuss market investments, AI, and U.S. – China trade policy. For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

Tune in to Macrocast this week for the latest on the government shutdown, including the political calculus within the Republican and Democratic parties and President Trump’s threat to fire furloughed federal employees. The team also shares predictions for the Fed and explores the growing tension it faces between inflation and rising unemployment, with ADP data highlighting the strain while official jobs reports remain on hold during the shutdown.For more about the hosts, please see below:Forbes Tate PartnersMarkets Policy Partners

This week, the Macrocast team welcomes frequent guest contributor John Dick, CEO of CivicScience, to unpack the state of the American consumer. They discuss the decline in long-term economic optimism, growing unease in the job market, and how the political divide is reflected in consumer sentiment. The conversation also touches on housing demand and the Fed’s recalibration of interest rates. For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

On today’s episode of Macrocast, the team breaks down the Fed’s interest rate cut and Jerome Powell’s role as his term nears its end. They also preview upcoming Supreme Court hearings on President Trump’s tariffs, examine Congress’s next steps on government funding, and explore U.S.–China relations what other central banks are doing around the world.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

On today’s edition of Macrocast, Dr. Vasudeva Ramaswamy of American University discusses how federal investments in basic scientific research at our colleges and universities drive economic growth and help America maintain healthy wages for workers and a robust GDP. American University belongs to The Science Coalition (TSC), a nonprofit and nonpartisan organization composed of leading American research universities. TSC works to advance sustained federal funding for university research. The wide-ranging conversation explores a recent study co-authored by Dr. Ramaswamy, which examines the long-term costs to GDP associated with reductions in federal support for scientific research. The episode also includes commentary on the nation’s latest employment figures and inflation statistics.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners 

On today’s Macrocast episode, the team breaks down new jobs report data signaling a slowing labor market, alongside turmoil at the Fed surrounding hearings for Trump nominee Stephen Miran and the investigation into Governor Lisa Cook. They discuss how the Fed may respond—potentially leaning more heavily on the full-employment side of its mandate—before turning to the looming congressional funding deadline.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

This week on Macrocast, the team discusses potential rate cuts from the Fed and growing political pressure on the central bank—highlighting the potential removal of Fed Governor Lisa Cook and Chair Powell’s upcoming 2026 term expiration. They also explore NVIDIA’s relationship with China, tensions over rare earth metals, and the impact of tariffs on market sensitivity. With Congress returning to session, the episode previews the looming government funding deadline and the National Defense Authorization Act. Wishing everyone a happy Labor Day weekend from the Macrocast team! For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners

This week on Macrocast, Ed Hill and Brendan Walsh break down Federal Reserve Chair Jerome Powell’s Jackson Hole address, where he noted the hiring slowdown and the visible effects of tariffs on consumer prices. The speech carried a dovish tilt, with Powell emphasizing the Fed’s data-dependent approach while opening the door to possible interest rate cuts. Looking ahead to next week, the team previews the Fed’s preferred price measures, consumer spending data, and European consumer sentiment releases, while policymakers and market leaders continue to unpack Powell’s speech.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners 

John Dick of Civic Science returns to the Macrocast to share fresh insights on the pulse of the American consumer. From restaurant attendance to summer travel trends, the team explores how the economy is shaping spending habits, travel patterns, and the impact of tariffs. This episode dives into the latest inflation data alongside CivicScience’s survey results and takes a closer look at how AI is reshaping labor markets—especially for younger workers entering the workforce.The hosts also preview the upcoming three-day economic policy symposium in Jackson Hole. As always, the conversation breaks down key economic data, market reactions, and what it all means for everyday Americans.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners CivicScience

This week on Macrocast, the team delves into the latest economic data, including softer July jobs numbers, the Bureau of Labor Statistics’ revisions process, and rising jobless claims. They also break down changes in Fed leadership and growing inflation concerns both in the U.S. and abroad, before examining the impact of a weaker dollar amid President Trump’s complex trade environment.

This week on Macrocast, the team unpacks a weaker-than-expected July jobs report, GDP growth, and growing doubts about the economy’s momentum. They also discussed the Fed’s wait-and-see approach after their latest meeting, Trump’s latest tariff moves, and the status of trade.

This week on Macrocast, the team breaks down President Trump’s newly announced trade deal with Japan, including the unusual creation of a direct foreign investment fund under presidential discretion. Meanwhile, Europe is pushing for its own trade deal but is also signaling that it’s prepared to impose tariffs if necessary. In Washington, the uneasy dynamic between President Trump and Fed Chair Powell was once again on display, prompting discussion about the Fed outlook and the possibility of future rate cuts.

In today's episode, frequent guest contributor John Dick from Civic Science joins to discuss consumer sentiment, examining how tariffs are affecting travel and spending. With the administration's August tariff deadline looming, they also explore the latest trade developments and unpack rising tension between President Trump and Fed Chair Powell. They conclude the episode by discussing the latest developments in crypto. 

This week on Macrocast, the team breaks down the big news: the passage of the “One Big Beautiful Bill.” They dig into what it means for the next steps, the timing involved, and the important guidance that will soon follow. Despite a relatively quiet week in Washington, they highlight some key updates on government funding and regulations. Looking ahead, all eyes are on a busy week of economic data, especially next week’s inflation report, which could shake up markets and influence policy decisions in a big way.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners 

The week on Macrocast, the team unpacks the recent economic data from the Fed, consumer consumption, and the progress made in U.S.-China trade talks. Additionally, the team covers the economic implications of our involvement with Israel and Iran, the looming reconciliation bill deadline, and the flurry of upcoming crypto legislation.  Macrocast will be taking a short break for the July 4th holiday, returning the following week for more updates.

This week on Macrocast, the team explores the eerie calm that has settled over financial markets amid escalating tensions in the Middle East. They break down the latest central bank meetings, analyze recent inflation data, and assess the current state of the housing market. The episode concludes with a deep dive into the reconciliation bill moving through Congress, including a discussion of tax provisions.

In this week's episode of the Macrocast, the team welcomes financial regulations and Federal Reserve reporter Andrew Ackerman from The Washington Post to discuss the state of the economy, from trade and tariffs to the latest inflation data. Tune in for insights on policy decisions the Fed is navigating, the complex relationship between President Trump and Fed Chair Powell, and key congressional and financial developments to watch in the coming days. 

This week on Macrocast, the team examines the May jobs report. They also discuss U.S. and China trade tensions, changes in currency value, and what's to come for the One Big Beautiful Bill Act. Additionally, they look at the fallout between President Trump and Elon Musk and its implications for the GOP.  

In this episode of Macrocast, the team dives into the latest developments in trade, market trends, and the  "One Big Beautiful Bill Act." They also cover recent updates from the Federal Reserve, news from the mortgage industry, and ongoing discussions surrounding Fannie Mae and Freddie Mac. 

It was a packed episode of the Macrocast this week. The team dug into the House-passed “Big Beautiful Bill" including the proposed $40K SALT cap deduction—a major win for House Republicans—and what could be in store as the Senate takes it up. With moderates wary of Medicare-related votes and fewer hardline conservatives on the Senate side, all eyes are on how the upper chamber responds.From there, the conversation turned to markets: the relationship between investor focuses and deficits, the Treasury market’s volatility, and the quieter stock market response. Rounding out the conversation: budget situation, market volatility, the impact on stocks, and a brief dive into crypto. For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners 

Friend of the Macrocast, John Dick of Civic Science returns. After a discussion about a busy week on tariff negotiations, highlighted by the pause on American and Chinese bilateral tariffs, the group analyzed the economic uncertainty being felt by U.S. consumers.  The group also explored the expected busy travel and entertainment focused summer that many U.S. consumers are likely to take advantage of including the Pearl Jam tour!  As usual, the team discussed other economic data, market reactions to the news of the week, and the status of negotiations in Congress to extend the expiring tax cuts.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners CivicScience

Today on Macrocast, the team analyzes President Trump’s trade deal with the UK and the latest developments in U.S.-China negotiations. They then shift focus to Capitol Hill, breaking down the latest movements in Congress, Speaker Johnson’s political challenges, and the Republican Party’s shifting approach to fiscal policy. 

This week on Macrocast, Trevor Hanger of Forbes Tate Partners joins the team to unpack the latest economic data and what it means for markets and policymakers. The conversation covers tariff developments, GOP policy priorities, and President Trump’s proposed budget, along with a look at conversations surrounding state and local tax (SALT) deductions.