In this episode, Lucas and Luna dive into why the Federal Reserve focuses on the core PCE price index over the more widely reported CPI. They explain the methodological differences, discuss the latest data showing core PCE at 129.6 (up from 129.32), and explore what that means for the interest rate outlook in mid-2026. The conversation also touches on how the Fed's preferred metric gives a clearer picture of consumer behavior and why investors should care. A quick mention of how listener support via Buy Me a Coffee keeps the show ad-free.

#CorePCE #Inflation #FederalReserve #FedChairmanWarsh #InterestRates #EconomicIndicators #PCEPriceIndex #CPIvsPCE #MonetaryPolicy #FOMC #MacroData #BusinessPodcast #Economics #Investing #ConsumerSpending #InflationOutlook #FexingoBusiness #Podcast

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In this episode, Lucas and Luna dive into the latest business inventories data and what it tells us about the direction of GDP. With total business inventories rising to $2.73 trillion in April 2026, they explore how inventory accumulation has been a key driver of recent GDP growth, even as consumer spending shows signs of slowing. They discuss the implications for the broader economy, including potential risks if inventory growth outpaces demand. Using specific data from the latest reports, they break down why this metric matters for investors and what it signals about the second quarter and beyond. A focused look at one of the quieter but powerful indicators in the macro toolkit.

#BusinessInventories #GDP #EconomicIndicators #MacroData #SupplyChain #InventoryCycle #ConsumerSpending #RealGDP #EconomicGrowth #FexingoBusiness #BusinessPodcast #Economics #Macroeconomics #InvestmentStrategy #DataAnalysis #IndustrialProduction #CapacityUtilization #2026Economy

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In this episode of Economic Indicators with Fexingo, Lucas and Luna break down why the PCE price index — the Fed's preferred inflation gauge — is diverging from CPI in 2026. With PCE at 130.9 and core PCE at 129.6 in April, the hosts explain how the composition and weighting differences create a more nuanced inflation picture. They also discuss what the 10-year breakeven rate's drop to 2.25 percent signals about market expectations, and why investors should watch PCE for policy signals. A must-listen for anyone trying to read the macro tea leaves.

#PCEPriceIndex #CorePCE #CPI #Inflation #FederalReserve #MacroData #10YearBreakeven #MonetaryPolicy #Economics #FexingoBusiness #BusinessPodcast #EconomicIndicators #GDP #PriceStability #InflationExpectations #PersonalConsumptionExpenditures #MarketSignals #Investing

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In this episode, Lucas and Luna dive into a fresh angle on economic indicators: the role of business inventories in shaping GDP growth. With new data showing total business inventories reaching $2.73 trillion as of April 2026, and real GDP growth slowing to 1.6 percent, the hosts explore how inventory builds and draws can mask underlying economic momentum. They discuss why business inventories are a lagging indicator, how destocking can signal a sharp economic slowdown, and what the current inventory-to-sales ratio suggests about future GDP revisions. Lucas shares a concrete example from the 2022-2023 inventory cycle, and Luna connects the dots to recent industrial production and capacity utilization data. A must-listen for anyone trying to read between the lines of quarterly GDP reports.

#BusinessInventories #GDP #EconomicIndicators #InventoryCycle #InventoryToSalesRatio #RealGDP #IndustrialProduction #CapacityUtilization #MacroData #EconomicGrowth #SupplyChain #Destocking #Restocking #2026Economy #FexingoBusiness #BusinessPodcast #Economics #MacroEconomics

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In this episode of Economic Indicators with Fexingo, Lucas and Luna unpack a subtle but powerful signal in today's macro data: the widening gap between nominal GDP growth and the CPI. Nominal GDP is running at about 5.0% annualized in early 2026, while CPI inflation has moderated to around 2.5%. That spread — roughly 2.5 percentage points — represents real economic growth, but the composition matters. Lucas breaks down why this divergence is happening: strong consumer spending in services, but weak goods output and a cooling housing sector. They tie it to the latest data: real GDP growth of just 1.6% in Q1 2026, core CPI at 336.1, and a 10-year breakeven inflation rate of 2.25%, down slightly. They also discuss how this environment affects asset allocation — favoring equities over bonds when real growth is positive but inflation is falling. A must-listen for anyone trying to read the macro tea leaves without getting lost in the noise.

#GDP #CPI #Inflation #EconomicIndicators #MacroData #RealGDP #NominalGDP #CoreCPI #BreakevenInflation #Fed #KevinWarsh #Investing #MarketOutlook #Bonds #Equities #FexingoBusiness #BusinessPodcast #Economics

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In this June 2026 episode, Lucas and Luna unpack why the Treasury yield curve is steepening even as the Fed holds rates steady. With the 2-year at 3.66%, the 10-year at 4.45%, and the 30-year at 4.90%, the spread between short and long-term bonds is the widest in years. They explore what this signals about growth expectations, inflation, and the new Fed chair's first meeting. Plus, a look at how this steepening contrasts with the inverted curve of 2023 and what it means for your portfolio.

#YieldCurve #SteepeningYieldCurve #TreasuryBonds #FedPolicy #KevinWarsh #InterestRates #BondMarket #InflationExpectations #EconomicIndicators #GDPGrowth #TenYearTreasury #TwoYearTreasury #ThirtyYearTreasury #InvestmentStrategy #MacroEconomics #BusinessPodcast #FexingoBusiness #EconomicsShow

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In episode 60 of Economic Indicators with Fexingo, Lucas and Luna dive into a key but often overlooked data point: total business inventories. With inventories hitting over $2.7 trillion in April 2026, they explain how stockpiling signals business confidence and future GDP revisions. Drawing on the latest data, Lucas shows how the inventory-to-sales ratio has crept up from pre-pandemic levels, hinting at potential slowing demand. Luna pushes back on whether inventories are always a lagging indicator, and they debate what the recent 0.5% monthly rise means for Q2 GDP estimates. A concrete look at why warehouse shelves tell us more than headlines do.

#BusinessInventories #GDP #MacroData #Economics #SupplyChain #InventoryToSalesRatio #FexingoBusiness #BusinessPodcast #EconomicIndicators #LucasAndLuna #InventoryCycle #GDPRevision #ConsumerDemand #FederalReserve #2026Economy #WholesaleTrade #DataDriven #MacroEconomics

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Lucas and Luna dive into the latest JOLTS data from April 2026, which showed a surprising jump in job openings to 7.6 million—even as hiring remained flat and the unemployment rate stayed at 4.3 percent. They explore what this divergence means for the Fed, wage growth, and whether the labor market is tightening or loosening. Lucas explains why the ratio of openings to unemployed workers matters more than raw numbers, and Luna questions whether JOLTS is still a reliable signal given declining response rates. Tune in for a clear-eyed look at one of the most puzzling data points in the current economy.

#JOLTS #JobOpenings #LaborMarket #Fed #FederalReserve #KevinWarsh #WageGrowth #Unemployment #QuitsRate #Hiring #Economics #EconomicIndicators #DataReliability #FexingoBusiness #BusinessPodcast #EconomicPodcast #MacroData #LucasAndLuna

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In this episode of Economic Indicators with Fexingo, Lucas and Luna explore a growing divergence in the macro data: capacity utilization is ticking higher while consumer spending shows signs of strain. With industrial production rising but jobless claims creeping up, they ask whether this is a signal of resilience or a warning of a slowdown. They dive into the latest capacity utilization reading of 76.2 percent, compare it to pre-pandemic averages, and discuss what it means for inflation and the Fed's next move. A must-listen for anyone trying to read the economic tea leaves in mid-2026.

#CapacityUtilization #ConsumerSpending #EconomicIndicators #IndustrialProduction #Inflation #FederalReserve #GDP #CPI #MacroData #LaborMarket #JoblessClaims #WholesalePrices #Energy #BusinessCycle #RecessionSignals #FexingoBusiness #BusinessPodcast #Economics

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In this episode, Lucas and Luna dig into capacity utilization, one of the most overlooked leading indicators. With the latest reading at 76.2 percent in May 2026, up slightly from 76.13 percent, they explore why this slow creep matters more than the headline GDP or jobs numbers. They trace the history of capacity utilization as a recession predictor, look at how it behaved before the 2008 and 2020 downturns, and ask whether the current plateau signals an impending slowdown. Lucas also explains why the Fed watches this number closely and how it connects to industrial production and business investment. Luna pushes back on whether capacity utilization is still relevant in a services-dominated economy, and they land on a nuanced take: it's not flashing red yet, but the trend deserves attention. A grounded, data-driven conversation for anyone trying to read the macro tea leaves in mid-2026.

#CapacityUtilization #EconomicIndicators #RecessionSignals #IndustrialProduction #Manufacturing #FedPolicy #LeadingIndicators #BusinessInvestment #MacroData #EconomicOutlook #GDP #Inflation #SupplyChain #BusinessCycle #LucasAndLuna #FexingoBusiness #BusinessPodcast #Economics

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