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(361)

Three Ways the Elon Musk–Twitter Showdown Could End

Three Ways the Elon Musk–Twitter Showdown Could End

Well, that escalated quickly. Let's review, shall we? In January, Elon Musk started buying a bunch of Twitter stock. In February, he kept buying. In March, he owned about 5 percent of the company. In ...

14 Jul 202241min

Burning Questions About the Future of Media: Netflix vs. Disney, TikTok vs. Everyone, and the Metaverse

Burning Questions About the Future of Media: Netflix vs. Disney, TikTok vs. Everyone, and the Metaverse

Will Netflix be the king of streaming in five years? What's the biggest threat to dethrone it: Apple, Disney, or HBO? Are movie theaters back for real? How has the pandemic changed the film industry? ...

12 Jul 20221h 12min

Musk Meltdown: Elon’s Breakup With Twitter Is Going to Be Very Messy

Musk Meltdown: Elon’s Breakup With Twitter Is Going to Be Very Messy

Derek has so many thoughts on Elon Musk's bizarre attempted breakup with Twitter—and what comes next—that he has to enumerate them. In this episode, he goes through five reasons Elon is trying to wrig...

10 Jul 202217min

The Biggest Economic Question of the Moment: Is This Peak Inflation?

The Biggest Economic Question of the Moment: Is This Peak Inflation?

The question everybody's asking on cable news right now is whether we're in a recession. I think there's an even more important question to ask: Are we at peak inflation? If inflation U-turns, it mean...

8 Jul 202232min

Why Are the Police So Bad at Solving Murders?

Why Are the Police So Bad at Solving Murders?

Today’s episode is about the story of the moment—gun violence. There’s been a surge of violent shootings, mass shootings, and gun-related murders in the last few years. Today, Derek investigates a mys...

6 Jul 202247min

Abortion Pills Are a Game Changer, Plus Our Next Big Culture War

Abortion Pills Are a Game Changer, Plus Our Next Big Culture War

In last week's instant reaction pod, Derek said he thought abortion pills were one of the most fascinating and important aspects of the end of the era of Roe. In this episode, he goes deeper into how ...

1 Jul 202237min

Five Reasons Everybody Is Wrong About a U.S. Recession—Including Me

Five Reasons Everybody Is Wrong About a U.S. Recession—Including Me

I feel like the theme of this podcast recently has been that everything is going off the rails: the Supreme Court, inflation, oil prices, air travel snafus. Take the economy, for example. My theory fo...

28 Jun 202237min

The End of Roe v. Wade Changes Everything

The End of Roe v. Wade Changes Everything

We react to the landmark Supreme Court decision and explain how it could affect the future of the court, national politics, fertility and family planning, state law, corporate policy, and more. To fur...

24 Jun 202242min

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