Fexingo

Economic Indicators with Fexingo: GDP, CPI, PMI, and Reading the Macro Data

Business EN ↓ 107 episodes

Lucas and Luna sit down each day with the latest releases of GDP, CPI, and PMI data, reading the macro tea leaves for what they actually mean for markets, policy, and business decisions. In each episode, Lucas traces a specific indicator—say, the core PCE deflator or the ISM manufacturing index—while Luna challenges the consensus interpretation, pushing toward the second-order effects that get lost in the headline numbers. They never just report the data; they argue about its signal-to-noise ratio, its revisions history, and its predictive track record. This is a show for the analyst, the port...

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Fexingo

Episodes

Consumer Sentiment Record Low What the Numbers Really Mean 23.05.2026 7:24

Consumer sentiment has hit a record low, even as the stock market rallies. Lucas and Luna dig into the disconnect between how Americans feel about the economy and what the hard data says. They examine the University of Michigan sentiment survey's all-time low, the role of inflation expectations, and why the jobs market and GDP growth tell a different story. Using real-time data from May 2026, they...

Why Warsh Will Reshape Fed Policy on Iran War Inflation 23.05.2026 8:50

As Kevin Warsh is sworn in as Federal Reserve chair on May 22, 2026, the central bank faces a new inflation threat from the Iran war. Lucas and Luna examine Warsh's hawkish academic record, his 2008 crisis experience, and how today's 4.56 percent ten-year Treasury yield and rising CPI of 332.4 constrain his room for error. They explore whether Warsh will break from the Powell playbook by preemptiv...

The AI Economy Is Rewriting the American Dream for Blue-Collar Workers 22.05.2026 7:42

In this episode of Economic Indicators with Fexingo, Lucas and Luna explore how the AI economy is reshaping the American Dream, with a surprising twist for blue-collar workers. Drawing on recent data and a CNBC headline from May 19, 2026, they discuss how automation and AI are not just displacing jobs but also creating new opportunities in manufacturing, logistics, and skilled trades. They examine...

The PMI Puzzle What Manufacturing Is Telling the Fed 22.05.2026 10:51

In this episode, Lucas and Luna examine the latest ISM Manufacturing PMI reading of 49.2, a contraction signal that contradicts strong jobs and GDP data. They dig into the divergence between hard and soft data, what it means for Fed policy under incoming Chair Kevin Warsh, and why markets are pricing in a July rate hike despite a manufacturing slowdown. Using specific data points from May 2026, th...

Bond Vigilantes Are Already Pushing Rates Higher 21.05.2026 4:24

The bond vigilantes are back and they are already pushing long-term Treasury yields higher even before the Fed meets in July. In this episode, Lucas and Luna break down exactly how the 10-year and 30-year yields have climbed over the past week, and why market-based breakeven inflation rates are actually falling. That decoupling — higher nominal yields but lower inflation expectations — means the v...

Bond Vigilantes Are Back and the Fed Must Listen 21.05.2026 5:12

Lucas and Luna unpack the return of bond vigilantes as the 10-year Treasury yield hits 4.57% and the market prices in a July rate hike. With Kevin Warsh set to be sworn in as Fed chair, they explore how bond market discipline is forcing the Fed's hand, drawing on Ed Yardeni's warning and the latest CPI, PCE, and jobless claims data. They discuss what this means for inflation expectations, the 10-y...

Inflation Is Back and the Fed Is Preparing to Hike 19.05.2026 8:46

On the debut episode of Economic Indicators with Fexingo, Lucas and Luna tackle the biggest macro story of May 2026: inflation is accelerating again, and the bond market is forcing the Federal Reserve to reverse course. With the CPI hitting 332.4 and the 10-year breakeven inflation rate sitting at 2.48%, traders now see the next Fed move as a hike — not a cut. Lucas breaks down what's driving the...