The Economist’s annual report outlines the conditions for the next recession
(Markets Edition) The markets have been active to say the least in the past week, despite steady earnings from companies. Part of the activity can be attributed to the Federal Reserve thinking about raising interest rates. Chris Low of FTN Financial helps us dive in a little more. Later on Friday, we're expected to see home sales data for September, which might indicate rising interest rates. That would not be good news for the mortgage industry, as Marketplace's Andy Uhler reports. Finally, we zoom out to take in a picture of the global economy as painted by The Economist magazine's annual report. It's not a pretty one, as Economist editor Henry Curr told us on Friday. Today's show is sponsored by GAIN Capital Group (gaincapital.com) and PayPal (paypal.com). (10/19/2018)
(Markets Edition) The markets have been active to say the least in the past week, despite steady earnings from companies. Part of the activity can be attributed to the Federal Reserve thinking about raising interest rates. Chris Low of FTN Financial helps us dive in a little more. Later on Friday, we’re expected to see home sales data for September, which might indicate rising interest rates. That would not be good news for the mortgage industry, as Marketplace’s Andy Uhler reports. Finally, we zoom out to take in a picture of the global economy as painted by The Economist magazine’s annual report. It’s not a pretty one, as Economist editor Henry Curr told us on Friday. Today’s show is sponsored by GAIN Capital Group (gaincapital.com) and PayPal (paypal.com). (10/19/2018)