Could a Housing Recession Take Down the U.S. Economy?

Could a Housing Recession Take Down the U.S. Economy?

One year ago, it was a matter of conventional wisdom among experts that the U.S. was on the brink of a recession. They were wrong. The latest GDP report showed America’s real output growing at a 4.9 percent annualized rate. That's huge. But just as we zagged a year ago, when we criticized recession predictions, I want to zag again today. It is a matter of broad conventional wisdom that the U.S. economy right now is doing really well. And, for now, it is. But challenges abound, including "higher-for-longer" interest rates, a recession in the apartment construction market, and ongoing global mayhem. Bloomberg columnist Conor Sen counts the five biggest risks to economic growth in the next year—and makes his official economic prediction for 2024. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Conor Sen Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

Episoder(363)

True or False: 10 Controversial Predictions About the Future of Streaming, Tech, and Media

True or False: 10 Controversial Predictions About the Future of Streaming, Tech, and Media

Last year was a bloodbath for media of all stripes. Netflix crashed, the advertising market cratered, Disney fired a CEOBob and replaced him with a CEOBob, and meanwhile, the domestic box office for f...

13 Jan 202340min

Why There Is So Much Bullsh*t in Science

Why There Is So Much Bullsh*t in Science

We should be living in a golden age of creativity in science and technology. We know more about the universe and ourselves than we did in any other period in history, and with easy access to superior ...

11 Jan 20231h

The 2023 Economy FAQ: Is Recession Inevitable? Will Housing Crash? Can Tech Recover?

The 2023 Economy FAQ: Is Recession Inevitable? Will Housing Crash? Can Tech Recover?

Michael Batnick and Ben Carlson of Ritholtz Wealth Management rejoin the pod to talk about what they learned from the topsy-turvy 2022 economy and make predictions about 2023 markets. If you have ques...

4 Jan 202344min

PE Greatest Hits: Thompson and Klosterman Debate Why Society Got So Negative

PE Greatest Hits: Thompson and Klosterman Debate Why Society Got So Negative

This has been an amazing year for the show, and I’m so grateful for everybody who has listened. I’m off the last two weeks of the year but I wanted to keep something in your feed over the holidays, so...

27 Des 202249min

PE Greatest Hits: Derek and Ryen Debate the Most Impressive Sports Statistic of All Time

PE Greatest Hits: Derek and Ryen Debate the Most Impressive Sports Statistic of All Time

This has been an amazing year for the show, and I’m so grateful for everybody who has listened. I’m off the last two weeks, but I wanted to keep something in your feed over the holidays, so this week ...

20 Des 202253min

ChatGPT, Obesity Drugs, Exoplanet Images, and Medical Miracles: The Most Amazing Breakthroughs of 2022

ChatGPT, Obesity Drugs, Exoplanet Images, and Medical Miracles: The Most Amazing Breakthroughs of 2022

Derek talks to economist and writer Eli Dourado about the most exciting scientific and technological discoveries of the year, from the AI toys that everybody seems to be playing with to lesser-known b...

13 Des 202258min

Sperm Counts Are Falling All Over the World—Why?

Sperm Counts Are Falling All Over the World—Why?

In the last 50 years, average sperm counts have fallen by 50 percent. This isn’t just happening in the U.S. or Europe or Asia. It seems to be happening everywhere. If the current rate of decline conti...

9 Des 202249min

Who's Afraid of a Four-Day Work Week?

Who's Afraid of a Four-Day Work Week?

4 Day Week Global is a nonprofit organization that recently conducted a trial with 33 companies and 900 workers that replaced the typical five-day week with a four-day work week with no change in pay....

6 Des 202251min

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