On today’s Macrocast, hosts Bryan DeAngelis, John Fagan, and Brendan Walsh are joined by Penta Director Oliver Edelmann to discuss whether the economic outlook for the U.S. is truly improving on the heels of a uniquely upbeat reading of consumer economic sentiment. Penta’s latest Economic Sentiment Index (ESI) found that consumers are more optimistic about the economy, but are we really due for a soft landing? The group also discusses potential changes to President Biden’s economic council and the new Chinese sanctions against American companies.
Read Penta’s latest ESI report here.