The Penta Podcast Channel

John Dick, Founder and CEO of Civic Science, joins Tony, John, and Brendan to talk through the emerging bipartisan and White House stimulus plans and how the market is reacting to the soon-to-run-out enhanced unemployment benefits. The gang also discusses the recent bifurcation in American consumers' behavior as holiday retail sales pick up before diving into the data expected next week and what i...

Bryan DeAngelis and Tony Fratto are joined by Steve Adamske, the Vice President and Head of Communications and Public Affairs for FIA, and former Director of Public Affairs to four CFTC chairmen and Deputy Assistant Secretary for Public Affairs at the Treasury Department. Steve joins Bryan and Tony to discuss the current state of the economy and how the newly announced Biden economic team can best...

Matt, John, and Brendan talk through the disappointing jobs report, the market reaction, and a vaccine and potential stimulus on the horizon. The crew also breaks down the Biden administration's economic picks. Plus, the team takes a look ahead across the pond at Brexit negotiations and the ECB meeting.

HPS partners Stacy Kerr and Michael Steel host Jon Selib, Senior Vice President for Global Policy at Pfizer, to discuss the COVID-19 vaccine development and approval process, from the early stages of the pandemic to clinical trials and the vaccine's official approval in the UK. The trio talks about the impact of the important project on the internal culture at Pfizer, the value of working alongsid...

On this Black Friday edition of the HPS Macrocast, Tony, John, and Brendan are joined by John Dick to discuss the holiday shopping season and how consumers are responding to the latest surge of COVID cases. The gang also discusses the first round of Biden Cabinet picks, the impact of the continued positive vaccine news on the economy, and the economic data to look for as we head into December.&nbs...

HPS Managing Director Bryan DeAngelis hosts Dan Cox, a research fellow in polling and public opinion at the American Enterprise Institute (AEI) and director of the Survey Center on American Life, to discuss some of his recent research on the role and impact of conspiracy theories following the 2020 Presidential election. Bryan and Dan also discuss how the media, polarization, and the current polit...

Senior Director Meghan Pennington joins John and Brendan to discuss the unprecedented argument between the Fed and the Treasury Department over unused CARES Act funds and what it means for the possibility of new stimulus. The crew also discusses markets' reactions to the Georgia Senate runoffs, how a divided government could work in 2021, and the latest news about presidential race recounts. 

On this week's show, Bryan DeAngelis fills in for Tony and is joined by John and Brendan to discuss the rollercoaster week for markets and how the surge in COVID cases, news of a potential vaccine, and results of the Presidential election are swaying investors. The gang also looks at news coming from the Biden transition and what to expect from the Trump administration during the lame duck on geop...

HPS Partner Tucker Warren hosts Eric Schulze, VP of Product and Regulation at Memphis Meats, for a conversation about cell-based meat products, the rise in companies developing these innovative products, and the regulatory procedures behind bringing cell-based meat products to market. Tucker and Eric discuss Memphis Meats' origins and how the company is working to provide consumers with sustainabl...

On this Jobs Day Friday and Election Day +3, Matt joins Tony, John, and Brendan to discuss strong jobs numbers, the shape of the recovery, and the state of the election as well as the future of economic policymaking. The squad also talks about the fiscal and monetary policy outlook coming out of the latest FOMC meeting.

On this week's Macrocast, HPS partners Stacy Kerr and Michael Steel join Tony, John, and Brendan to discuss the state of the Presidential and Congressional races and what different election results could mean for markets. Tony, John, and Brendan also dive into this week's economic data, taking a look at the noteworthy earnings calls, what newly released economic data shows about the state of the e...

John Dick, CEO of CivicScience, joins Tony, John, and Brendan to discuss how a delayed stimulus package, pre-Election Day polling, and the prolonged pandemic are affecting consumer sentiment. The crew also talks about what's on consumers' minds heading into the holiday spending season before diving into next week's announcements about the U.S. and Eurozone's Q3 GDP, housing data, and new product a...

On the last episode in our series on the Presidential and Vice Presidential Debates, Senior Director Meghan Pennington is joined by Partners Michael Steel and Stacy Kerr to talk through the unusually calm final debate. They discuss how the moderator and muting changed the tone of the debate, the conversation on COVID, and what to expect in the final days before the election.

A new cast of characters joins this episode of the Macrocast. HPS Partner Matt McDonald is joined by HPS Partner Michael Steel and Senior Director Meghan Pennington, as well as Brendan Walsh from Markets Policy Partners, to discuss the speculation on a stimulus deal and what it means for markets. They talk through the dynamics in Congress and the election that are impacting the likelihood and scal...

HPS Partner Tucker Warren is joined by Ian Jefferies, President & CEO of the Association of American Railroads to discuss the 40-year anniversary of the Staggers Act and the dynamic and competitive industry fostered by this regulatory structure. The two discuss the important role freight rail plays in American society, the economic impact of the industry, and how freight rail has adapted amids...

HPS Partner Stacy Kerr joins Tony, John, and Brendan for a recap of the Fed's asset purchases announcement, Brexit's October 15th deadline, and the need for a stimulus bill before or after Election Day in a possible lame duck session. The crew also discusses Wednesday's VP debate and the likelihood of more debates before November 3rd, markets' reactions to the Senate races heating up across the co...

HPS Managing Director speaks with HPS Partners Michael Steel and Tucker Warren about the vice presidential debate, discussing the candidates' performance, the significance of vice president in this election, and how this debate may or may not shape the presidential election. They also provide a behind-the-scenes look at the debate preparation process and the difficult job each moderator faces.

On this Jobs Day Friday, Matt joins Tony, John, and Brendan to discuss disappointing September jobs numbers, news of the House's passage of a $2.2 trillion stimulus bill, and how the remainder of the 2020 campaign cycle plays out with news of the President and First Lady's COVID-19 diagnosis. The crew also discusses the status of the Supreme Court nomination process, the likelihood of the Senate's...

HPS Managing Director Bryan DeAngelis speaks with HPS Partners Michael Steel and Stacy Kerr about the first presidential debate, if it mattered for voters, and if there will be another debate. With the election representing a referendum on President Trump, they discussed if his "style" was effective and if former Vice President Biden exceeded expectations. Plus, they preview the vice presidential...

Tony Fratto and Markets Policy Partners reflect on Ruth Bader Ginsburg's legacy and what the Supreme Court vacancy means for the markets and the likelihood of another stimulus package. The crew also breaks down the Fed's latest monetary policy decisions and the shift to an average inflation target. 

Matt McDonald and Stacy Kerr join John and Brendan to discuss the latest from the Federal Reserve, including inflation targets, calls for fiscal stimulus, and muted market reactions to recent announcements. The crew also explores the possibility of another stimulus bill and the realities of election outcomes for 2020 before looking ahead to what's to come as the clock keeps ticking toward November...

As part of our continuing look at the 2020 elections, HPS partner Michael Steel speaks with Danielle Burr, Uber's head of federal affairs, about Uber's get out the vote efforts this year. With more private sector companies taking an active role in improving voter accessibility in 2020, Burr discusses how and why Uber is using its unique platform to help people get to the polls.

Tony, John, and Brendan take some time this week to reflect on the impact and legacy of 9/11 and how both it, and COVID-19, have redefined national security. The gang also makes sense of current market dynamics, what is happening to stay-at-home stocks, and where the market is headed. Looking ahead, the gang breaks down expected global central bank activity and the likelihood of a new round of fed...

Michael Steel and Bryan DeAngelis sit down with Jim Tankersley, New York Times tax and economics reporter, to discuss changes in the middle class economy from the 1950s through today and talk about Jim's new book on the topic, " The Riches Of This Land. " They also discuss how the fallout of COVID-19 is impacting middle class families and which corporate and federal policies can help build a more...

Matt joins Tony, John, and Brendan to discuss new Jobs Day figures, what jobs are coming back, and what jobs are not. The team also discusses the market selloff, whether the pandemic-driven technology revolution has been oversold, and how markets react to vaccine news. Finally, the squad discusses ECB complaints on a strong Euro and upcoming inflation data.