Harriet Torry
speaker
611 appearances
11 recordings
1 series
first heard Sep 2017
last heard Dec 2024
Harriet Torry’s voice in public audio — every appearance, attributed to the second.
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Appearances
And it looked with the trade deal that we kind of got signs of in mid-December and which was signed in early January that finally we were starting to put this behind us and that business investment could be ripe for a pickup in the first quarter.
But there are, of course, the coronavirus does potentially throw that into doubt.
And there are other things going on in the U.S.
economy which, you know, give cause for concern.
So, for instance, Boeing's production shutdown could have a big impact on the first quarter.
You know, it's a huge exporter.
It's a huge employer in the manufacturing sector.
And, of course, there are other sort of geopolitical, you know, things that have been going on, like, for instance, the, you know, the tensions in Iran and how that could impact oil prices.
So these are all things that manufacturers are contending with at the start of 2020.
That is correct.
It was both the stock market and rising home valuations.
But the stock market definitely made up the lion's share of that increase in wealth that we saw in the fourth quarter.
The report itself, it's called the flow of funds from the Federal Reserve.
It presents the data in the aggregate.
So we don't really know how this filtered through to the wider economy.
The report doesn't specify who exactly this wealth went to.
Previous reports from the Fed have suggested that the portion of Americans who hold stocks is actually...
concentrated at the top end of the spectrum.
So it is a big jump in wealth, but we don't know exactly what this means for the average American.
Yes, that is definitely.
Showing 441–460 of 611 · page 23 of 31
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