Macrocast by FTP & Markets 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 holida...

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 p...

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 congressio...

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...

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 advantag...

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. 

This week on Macrocast , James Bergin , a Partner at Arnold & Porter and former Chief of Staff at the Federal Reserve Bank of New York, breaks down what Fed independence means—and why it matters. With recent comments from President Trump stirring debate, the team explores how the Fed fits within the government, its role in monetary policy and regulation, and executive power. 

This week on Macrocast , John Dick from CivicScience joins the conversation to share fresh insights on shifting consumer sentiment. The team explores signs of a consumer pullback amid declining confidence and tariff confusion. They also break down ongoing trade talks with Japan, new export controls and shipping fees targeting China, and President Trump’s escalating tensions with the Federal Reserv...

This week on Macrocast , the team unpacks the latest developments in reciprocal tariffs. As markets whipsaw in response to major tariff shifts and an escalating trade war with China, they explore how Wall Street is searching for clarity and recent movements in the U.S. Treasury market. The episode also delves into the implications of the reconciliation bill in Congress.

The Macrocast team welcomes trade expert Tori Smith of Forbes Tate Partners to unpack President Trump’s latest tariff announcement, which imposes a sweeping set of new duties on foreign businesses that import goods into the United States. In this episode, we’ll explore how the new tariff regime may impact American consumers and businesses – and affect the broader American economy. We’ll also gauge...

With a new round of tariffs set to take effect, President Trump has declared April 2, 2025, as “Liberation Day.” But what does this mean for the U.S. economy and consumer sentiment, which already stands on shaky ground? Tune in as the Macrocast team breaks down the latest developments and what’s happening in Congress. 

This week on Macrocast, the team breaks down the latest signals from the Federal Reserve as Chair Powell balances inflation concerns with tariff uncertainty. With the U.S. redefining its relationships abroad, the episode also examines how other major economies are responding, including Europe’s rollout of a stimulus package to navigate the shifting landscape. 

Are we heading toward a recession? That’s the key question the Macrocast team tackles this week with frequent guest John Dick from CivicScience . With early recession signals emerging, uncertainty may be more damaging than bad news, forcing consumers and businesses to adapt in real time to shifting policies. As the Fed grapples with stagflation concerns, Congress faces its own struggle over keepin...

This week on the Macrocast, renowned financial analyst Meredith Whitney , CEO of Meredith Whitney Advisory Group, joins the team to break down key shifts in the economy, from the evolving role of home equity to growing concerns in the banking sector. With over 25 years of experience advising top financial leaders, Meredith shares insights on why major banks are pulling back from home equity lendin...

In this episode, the Macrocast team unpacks the latest economic data, examining the disconnect between consumer sentiment and economic indicators. They break down President Trump’s escalating tariff rhetoric and debate whether tariffs are a genuine policy tool or a negotiating tactic. The discussion continues with a deep dive into the budget resolution process, the competing approaches between the...

This week on the Macrocast, John Dick from CivicScience joins the team to discuss the factors driving a decline in consumer sentiment. From economic uncertainty and tariff concerns to even egg prices, they unpack the anxieties facing Americans.  After an all-night ‘Vote-a-Rama’ in the Senate, they also explore the budget resolution process and the challenges facing both parties. The episode closes...

In today’s episode, the Macrocast team unpacks the latest updates on Congressional budget negotiations, providing insights into the House and Senate’s divergent approaches. The discussion also covers tax, entitlement, and tariff policy, with a focus on how this could impact treasury markets and inflation. The episode concludes with an overview of the Fed Chair’s recent remarks and the latest econo...

In this edition of the Macrocast, the team is joined by Financial Services Forum President and CEO Kevin Fromer. The Forum represents the eight largest financial institutions headquartered in the U.S., and the conversation provides insights into the regulatory landscape and challenges currently facing the banking industry.  The episode touches on policy, including Basel III Endgame measures and Fe...

In today’s episode, the Macrocast team welcomes John Dick from CivicScience to break down where consumer sentiment is headed in 2025. They also analyze how the markets may react to Trump’s tariff policies and recent business earnings before concluding with a discussion on the Fed.   

This week on the Macrocast, the team breaks down President Trump’s first wave of executive orders and explores how proposed tariff policies could impact U.S.-Mexico-Canada trade relations. They also discuss how cryptocurrency regulations may unfold and examine how the Fed could respond to Trump’s economic agenda.

In today’s episode, the Macrocast team welcomes Trevor Hanger, Senior Vice President at Forbes Tate Partners, to discuss key market trends and policy developments. They examine inflation data, recent bank earnings, and the Fed outlook. The conversation then turns to President Trump’s potential first-day actions, including tariffs and their impact on executive and congressional power, before conclu...

In this episode, the Macrocast team is joined by global forecaster and author David Murrin . Using Murrin’s international relations theories as a framework for analysis, they take a macro-level view of the U.S. economy and its role in a shifting global order. The discussion explores whether the U.S. is in decline, the impact of global conflict—from the Middle East to Ukraine—and the role of debt....