Prompt Cast
Economic indicators and predictions for 2023 and 2024
TLDR Planet Money and The Indicator hosts compete in a game show to predict economic indicators for 2023 and 2024, highlighting the saga of the soft landing in 2023 and the focus on industrial policy and junk fee elimination in 2024.
Timestamped Summary
00:00
Podcast hosts from Planet Money and The Indicator compete in a game show to determine the indicators of the economy for 2023 and predictions for 2024.
03:07
The main storyline of 2023 was the saga of the soft landing, focusing on whether the Fed could bring down inflation without triggering a recession.
05:43
The indicator of the year is consumer sentiment, reflecting a disconnect between positive economic numbers and negative economic vibes in 2023.
08:29
Different perspectives liken 2023 to different genres of movies, setting the stage for a discussion on what will define 2024.
11:31
The leading economic story of 2024 will be industrial policy and government intervention in promoting specific industries.
14:12
The indicator of 2024 might be the Biden administration's focus on eliminating junk fees across various industries.
16:33
Whalen Wong makes a populist pitch for 2024, likening it to running for high school class president.
