Anna Wong: Empty Shelves Are Coming Soon
Odd Lots25 Apr 2025

Anna Wong: Empty Shelves Are Coming Soon

If you look at most of the official hard data right now, there still isn't much evidence of a sharp downturn. Sure, all the surveys are abysmal, but the actual measures of economic activity are ok. But there is already data showing something severe is happening, and that can be seen in the volume of cargo flowing from China to the US. Of course, this is intentional. This is the whole point of tariffs. But the fear is that this is going to be acute and dramatic to consumer companies, and that it will happen very soon. On this episode of the podcast we speak with Anna Wong, Chief US Economist at Bloomberg Economics, who walks us through the real life and macro-economic impact of what we've already seen. She says that the tariffs hit right at the moment that major retailers are planning for their holiday merchandise, and that before too long we'll start seeing fewer goods and fewer varieties of all kinds of things. We also discuss the inflation dynamics, and how tariffs may not show up in terms of higher CPI, but instead through higher layoffs, compressed profit margins, and falling real wages.

Read More: The Jaws That Could Devour Your Profit Margins

Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots

See omnystudio.com/listener for privacy information.

Episoder(1187)

Vladislav Zubok on What the Cold War Actually Was

Vladislav Zubok on What the Cold War Actually Was

These days, it's common to talk about the emergence of a New Cold War that exists between the US and China. It's debatable whether or not this is a useful framing. But in order to answer the question,...

9 Jun 202555min

Introducing: Everybody's Business

Introducing: Everybody's Business

Bloomberg Businessweek brings you a smart and fun chat show about all things...business. Hosted by award-winning business and economics journalists Max Chafkin (author of The Contrarian: Peter Thiel a...

8 Jun 20251min

A Major American Egg Farm Just Lost 90% of its Chickens

A Major American Egg Farm Just Lost 90% of its Chickens

Egg prices have come down a lot since their recent record and bird flu has largely faded from the headlines. But the epidemic is still raging and, per one farmer, risks becoming endemic in the US. Gle...

7 Jun 202521min

Lots More on What America's Busiest Port is Seeing from the Trade Tariffs

Lots More on What America's Busiest Port is Seeing from the Trade Tariffs

We're about two months on from Liberation Day, and there's still a lot of confusion about what's going on with global trade. Some countries, like China, have been granted delays from tariffs. But othe...

6 Jun 202516min

Jersey City's Mayor on How the City Built So Much Housing

Jersey City's Mayor on How the City Built So Much Housing

To some extent, at least in big cities, it feels as though the cost of housing is enveloping almost everything else in terms of politics right now. Booming areas that drive GDP have gotten incredibly ...

5 Jun 202539min

Why It's So Hard for Apple to Move Production from China to India

Why It's So Hard for Apple to Move Production from China to India

President Trump wants Apple to make iPhones in America. The company itself has talked about — and to some extent already has been — moving more of its production to other countries, like India. But in...

2 Jun 202546min

How Do We Define a Currency?

How Do We Define a Currency?

What is a currency? This turns out to be one of those questions we just kind of skip over because we don't have clear answers to it (and because economists often like to skip over these foundational t...

31 Mai 202557min

Krishna Memani on Wall Street's Very Expensive "Free Lunch"

Krishna Memani on Wall Street's Very Expensive "Free Lunch"

We're told over and over again that the one "free lunch" in investing is diversification, and that you can improve your returns over time simply by investing in a wider range of assets. This is textbo...

30 Mai 202539min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
lydartikler-fra-aftenposten
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
pengepodden-2
livet-pa-veien-med-jan-erik-larssen
pengesnakk
tid-er-penger-en-podcast-med-peter-warren
utbytte
finansredaksjonen
morgenkaffen-med-finansavisen
lederpodden
rss-markedspuls-2
rss-pa-konto
boligbobla
rss-fa-makro
rss-investering-gjort-enkelt
rss-andelige-tanker-med-camillo