Daniel Foch

speaker

1,195 appearances 3 recordings 1 series first heard May 2026 last heard 8 Jun

Daniel Foch’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 3 in all, peaking in May 2026 with 2.

Appearances

newest first · ▶ plays the moment

The Canadian Investor · Carney’s Big Pivot: Jobs, Energy, Housing & Major Projects · 9 May 2026 podcast

If we go to 120, then I think that that's probably going to give the scenario that you and I discussed in the first episode of the lives where you get an oil price spike, demand destruction, prices blow off.

And because people can't afford to buy stuff if you're at like 120, right?

We're at 95 right now.

I think you say like 95, 100.

I mean, yeah, I think oil would have to get high, higher than I originally anticipated, like kind of when I actually took the time to model it out, you know, like 120 to 150 range to like be unabsorbable by the consumer.

So if you end up in like that 90 to 120 range and the consumer can actually continue to absorb the costs of inflation, that cost push inflation, then you actually end up with a sticky inflation scenario and like stagflation.

I mean, neither outcome is good, by the way.

Like, you know, those being the two outcomes, like you basically get either stagflation or you get a recession.

I think politicians and central banks would probably prefer a recession over over inflation or stagflation.

But

That's what kind of interested me about their model because it looks like they expect inflation to kind of stay in the 3% range now until next year.

And that, I don't know, like that kind of traps them, traps the Fed if inflation stays there.

Yeah, yeah, exactly.

But it'll get to 2% by next year, which still means you're running 3% for a year, which is, you know,

It's a 50% higher rate of growth than what people were used to.

And people were already yelling about inflation because they interpret cumulative inflation, right?

Like your average consumer doesn't think about how much did this cost me a year ago.

They compare it to the price that they've benchmarked that product at in their head from like five years ago and COVID.

And they're like, oh, a banana, maybe not a banana, but like.

whatever, grocery item is 50% more than it was that period of time.

Showing 641–660 of 1,195 · page 33 of 60