What'd You Miss This Week

This week, Claudia Sahm, former economist at the Federal Reserve and a contributor to Bloomberg Opinion, joined to discuss President-Elect Biden's economic team. Opal Tometi, one of three co-founders of Black Lives Matter, discussed the direction of the incoming Biden administration. Paul Krugman, Nobel Laureate economist, New York Times columnist and distinguished economics professor in the PhD program at the City University of New York, came on to talk about his outlook for the economic recovery. Then Jed Kolko, the chief economist at Indeed, offered a preview of Friday's jobs report and discussed the tension between headline and core unemployment.

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This week, Alan Blinder, former vice chairman of the Federal Reserve, member of President Clinton's original Council of Economic Advisers, and Princeton professor, joined to talk about the road ahead for the economic recovery, the new slate of policymakers who will be at the helm of it and whether the Trump administration is trying to make their eventual job more difficult. Columbia Law School professor Kathryn Judge discussed what a Janet Yellen Treasury means for financial regulation. Skanda Amarnath, director of research and analysis at Employ America, took us through the tensions playing out between Treasury Secretary Steven Mnuchin and the Federal Reserve. Then David Wilcox, a former senior adviser to the last three Federal Reserve chairs and current senior fellow at the Peterson Institute for International Finance came on to discuss his new report about the role of generational wealth and economic mobility.

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Naufal Sanaullah, macro strategist at EIA Alpha Partners, joined to talk about his outlook for the market and the risks he sees ahead as long-term optimism about a covid-19 vaccine seems to be winning out over short-term fear of renewed lockdowns. Catherine Coley, the CEO of Binance U.S., and Nic Carter, the founding partner at Castle Island Ventures, came on to discuss what is driving the massive bitcoin rally that has pushed the cryptocurrency up to the $17,600 mark, a level reminiscent of the bitcoin craze days of December 2017. Then Employ America senior adviser Liz Pancotti joined to discuss her new report put out by the Century Foundation detailing the upcoming fiscal cliffs twelve million Americans will face this December when additional aid from the first stimulus package is cut off.

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This week, longtime emerging markets expert Paul McNamara, investment director at GAM, joined to talk about what was driving EM to its highest levels since 2018. Gigi Sohn, a distinguished fellow at the Georgetown Law Institute for Technology Law & Policy and former counselor for the Federal Communications Commission, came on to discuss why Silicon Valley is bracing for a different Joe Biden this time around in the White House. Jon Turek, the Author of Cheap Convexity blog, explained how investors should be positioning amid the resurgence in covid-19 cases. Then Robin Farley, a consumer cyclical analyst at UBS, joined to discuss the outlook for the cruise industry.

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This week, Morgan Harper, American Economic Liberties Project senior advisor, joined ahead of election day to talk about Proposition 22 in California and the implications for gig workers. Ursula Burns, the former CEO of Xerox and senior advisor at Teneo, came on to talk about the responsibilities of the private sector in the face of divided government. Guy Lebas, chief fixed income strategist at Janney Montgomery Scott, discussed the outlook for markets amid uncertainty over the election winner. Then Andy Blocker, head of U.S. government affairs at Invesco, joined to talk about what the election outcome means for the prospect of further stimulus.

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This week, former New York Federal Reserve president and Bloomberg Opinion columnist Bill Dudley joined to talk about why the Federal Reserve is running out of fire power to fight the economic downturn and why we should not rule out a double-dip recession. Vivien Azer, managing Director and senior Research analyst at Cowen, came on to talk about how this upcoming election is a pivotal moment in the push for legalizing cannabis as states look for innovative ways to make municipal ends meet. Then eBay president and CEO Jamie Iannone joined to react to the company's third quarter earnings and explain his plan to keep their stay-at-home-fueled momentum going and win over Gen Z.

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This week, Caroline puts the CEO Spotlight on Delta chief executive Ed Bastian and talks to him about leading an airline through the pandemic, his outlook for travel, what he would like to see from the government in terms of further stimulus and how Delta has reacted to the reckoning over racial injustice as Atlanta has found itself at the center of it.

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This week, Michael Render, better known as Killer Mike, the Grammy-winning rapper of the hip-hop duo Run the Jewels, joined to talk about the launch of his digital bank Greenwood. Karl Smith, co-founder of the blog Modeled Behavior, came on to talk about why he thinks Joe Biden is the one to break the impasse in stimulus talks. Former Federal Reserve economist Claudia Sahm explained why she thinks the last real chance for further fiscal relief has already been missed and why the Federal Reserve needs to figure out how to do more to help the economy without Congress. Then Martha Gimbel, senior manager of economic research at Schmidt Futures, joined to talk about the long-term structural changes to the labor market as more workers work from home. 

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This week, Tyler Goodspeed, the acting chairman and Vice Chairman of the White House Council of Economic Advisers, joined ahead of jobs day to react to the new consumer data. Arpit Gupta, assistant professor of finance at the New York University Stern School of Business, came on to talk about his new data showing how the pandemic is exasperated existing economic inequality in New York City and making economic mobility even more difficult. Then a What'd You Miss debate tackling one of the biggest cliches of 2020: there is no connection between the stock market and the economy. Nathan Tankus, research director of the Modern Money Network and publisher of the newsletter "Notes on the Crises" joined to put the adage to the test and explain why he thinks there is less disconnect than people think. Then Bloomberg Opinion columnist Nir Kaissar came on to offer the other side of the debate and explain why the idea is a cliche for a good reason.

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This week, Michael Purves, the founder and CEO of Tallbacken Capital, joined to talk about how a Supreme Court fight became a market event. University of Oregon economics professor Tim Duy came on to discuss the economic collateral damage of no further fiscal stimulus. J.W. Mason, Roosevelt Institute fellow and City University of New York associate economics professor, joined to explain his new study about what we can learn from the economic mobilization during World War II and how it can be applied to both the ongoing climate emergency and the coronavirus crisis. Then Chris McGratty, the Head of U.S. Bank Research at KBW, came on to talk about what is dragging regional banks down.

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