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DRUNKENOMICS

Aaron & James

DRUNKENOMICS

A weekly Business podcast featuring Aaron Wong and James Goldwater
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DRUNKENOMICS

Aaron & James

DRUNKENOMICS

Episodes
DRUNKENOMICS

Aaron & James

DRUNKENOMICS

A weekly Business podcast featuring Aaron Wong and James Goldwater
Good podcast? Give it some love!
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Episodes of DRUNKENOMICS

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As another wave of graduates enter the work force, we try our best after a few drams and brews to provide our encouragement to our econoholics as they go about their job search. But first, we talked about some geopolitical suspicions along with
Another drink leading to another conversation about the Federal Reserve; especially since this is the first time we drank together since the May Fed meeting. But it's funny how volatile markets are whenever anyone from the Fed speaks in a publi
Happy Fed week everybody! Or is it unhappy? Either way, we can all agree that the Fed's fight against inflation is starting to look like the The Battle of the Morannon in Lord of the Rings, except without the help of the ring being destroyed. O
So...if you've been paying any attention to the markets lately, you might've noticed that there has been some major volatility lately. Most of this can probably be explained by the recent hawkish Fed posturing that took place back in the first
It's pretty easy to have a robust economy and inflated housing market when the government deficit is still running rampant and has no real signs of slowing down. Additionally, core inflation has been revised upward, likely indicating that the F
And not the corporate kind, but the kind as tax payers to the government. Anyways, more & more data is suggesting that the broader economy is resilient, giving the Fed no reason to lower rates (as we've seen today). However, as the debt maturit
AI Optimism has certainly led to some unusual price action in the stock markets. As a result, it seems as though the volatility skew has flipped on its head & shifted over to the call side of the options chain, driven by FOMO. But while we're s
The Fab Four/Mag Seven, as we all know, has really spearheaded the recent strength and momentum in the major markets. But could there potentially be some risks or external factors that could potentially arrest their momentum? Well, of course th
So...we've been on our good news bears train for a bit now; but with recent economic data released along with us all surviving the first Fed week of 2024, we may find ourselves back in a situation where good news is bad news. With numbers comin
As we approach a unique business cycle where the economy is seemingly strong despite inflation pressures, the walls may seemingly be closing in as this giant debt maturity wall approaches. Economists believe this may compel the Fed to step in,
Welcome to 2024 everyone, hope you all had a great holiday season! Because we have yet to see any sort of "landing" in 2023, hopefully we can see a good economic resolution and turning point in 2024. Either way, we're still on our good news bea
Another December to remember thanks to this post Fed Santa Claus rally. However, tensions in the Middle East brewing could finally get us off our Good News Bears train. In any event, it's been a great year y'all! Loved drinking with you guys &
Welcome to probably the last big week of the year in terms of economic data being reported. With CPI and another Fed meeting coming out this week, we decided to remain cheery as we head into our holiday season. All that being said, we remain in
First off, hope you all had a great week off; also, we had to amend some things we said after a few drinks last episode. Something about IRA's being tax-sheltered. Anyways, with all the doom news going on, we had to provide some good news to ta
It's Thanksgiving already?? I guess with time flying so fast, we all could probably have a dram to retirement plans and ways we can make sure we're financially stable when we get to that point in our lives where we think about how time flew by
There you have it; CPI came in slightly lower than expected, but Fed posturing still implores the economy to put up with a "higher for longer" environment. With that, a shower thought I had recently made me think about the millennial plight; be
Happy week after Fed week everyone! Hope you were all able to recover swiftly from your hangovers this last weekend because this US Government balance sheet is nothing but sobering. Upon viewing the Fed day interview with Jeff Gundlach on CNBC
Well, the Fed decision is out now; looks like the tone and stance of the Fed is still pretty hawkish pending some sort of major economic catastrophe. But the main question now becomes: when does the Fed their terminal rate? Also, when will the
Well...at the time this episode was being recorded, there was still a 'speakerless House.' Of course, in an uncharacteristic fashion, they managed to elect a speaker in Mike Johnson within a day of this being recorded; but congrats on getting s
I guess...having a 'speaker-less' house is pretty fun. It's at least funny to observe the kind of clown show we have at our nation's capitol. In case you missed it, Kevin McCarthy was ousted a couple weeks ago from his speakership position and
CPI data, Fed forecasts, Job Numbers, those are all important figures to pay attention to in terms of global macroeconomics, but it pales in comparison in total importance at times. In case you missed it, there was a very tragic war that broke
Welp...we've officially made it to the last quarter of the year; and what a year it's been. Because we're all awake now that September has ended, we can expect to see CPI data come in similar to the way energy stocks performed last month. If yo
As the Fed President has mentioned in his presser today, the economy still has yet to see the affects of the tightening monetary policy from last year. Pair that with employment and inflation data that just came in, it shows that the Fed potent
I'm beating myself up for not coming up with the question earlier...but why is the Fed so obsessed the the 2% inflation rate? Historically, inflation has seen an average rate of about 4%. Granted, that does include some difficult cycles of pric
It seems like the weeks spend digesting the Jackson Hole Symposium turned out to be a real bummer. The Street pretty much decided to focus on the Fed's commitment to that 2% target inflation rate and could see plenty of hurdles we need to navig
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