Episodes
Wednesday Sep 29, 2021
Global Data Pod Research Rap: The curious case of US labor market healing
Wednesday Sep 29, 2021
Wednesday Sep 29, 2021
Although US real GDP is currently estimated to stand 2% above its pre-pandemic level, employment is still 3% from its pre-crisis norm. We discuss our latest research on US labor markets focusing on the roles that a shift in the composition of demand, pandemic-related supply shocks, and the recent removal of enhanced unemployment benefits play in impeding labor market healing.
Featured in this podcast:
Bruce Kasman
Jesse Edgerton
Joseph Lupton
Peter McCrory
This podcast was recorded on September 29, 2021.
This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-3868316-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2021 JPMorgan Chase & Co. All rights reserved.
Monday Sep 27, 2021
Monday Sep 27, 2021
Malcolm Barr discusses recent shifts in expectations about the Bank of England, and the recent hike in rates by the Norgesbank, with Allan Monks and Morten Lund.
This podcast was recorded on 27 September 2021.
This communication is provided for information purposes only. Institutional clients please visit www.jpmm.com/research/disclosures for important disclosures. © 2021 JPMorgan Chase & Co. All rights reserved.
Wednesday Sep 22, 2021
Global Data Pod China risk: the global perspective
Wednesday Sep 22, 2021
Wednesday Sep 22, 2021
Downside risks for China have increased against the backdrop of a slowing in activity indicators and rising concern that recent regulatory policies will further weigh on growth. Although we believe that spillovers from rising credit stress will remain limited, the latest developments raise questions about the commitment and capability of policymakers to quickly boost growth.
Any disappointment in China would have knock-on effects for global growth, but they are likely to prove modest in an environment in which cyclical momentum elsewhere remains strong and China’s policy shifts and credit overhangs are not indicative of broader global developments.
This podcast was recorded on September 22, 2021.
This communication is provided for information purposes only. Please visit www.jpmm.com/research/disclosures for important disclosures. © 2021 JPMorgan Chase & Co. All rights reserved.
Friday Sep 10, 2021
Global Data Pod EMEA: After the ECB, and ahead of German elections…
Friday Sep 10, 2021
Friday Sep 10, 2021
Malcolm Barr, Head of Western European Economics, is joined by Greg Fuzesi, Head of Euro Area Economics, to discuss yesterday’s ECB decisions and look ahead to elections in Germany later this month.
This podcast was recorded on Sept 10, 2021.
This communication is provided for information purposes only. Institutional clients can view the related report at www.jpmm.com/research/content/GPS-3804931-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2021 JPMorgan Chase & Co. All rights reserved.
Wednesday Sep 08, 2021
Global Data Pod: Food Price Inflation Signals Broadening Pandemic Pressure
Wednesday Sep 08, 2021
Wednesday Sep 08, 2021
Food price inflation is accelerating globally (ex. China) and is now running at a faster pace than overall CPI. While weather and commodity price moves often explain food price moves the current pickup appears linked to the same pandemic related pressures raising core inflation. As a result it is a signal of broadening inflation pressures and a broadening drag on growth as bottlenecks and rising input costs generate a purchasing power squeeze. However, in contrast to 2010-11, most central banks are likely to view this as a transitory inflation impulse for now.
This podcast was recorded on September 8, 2021.
This communication is provided for information purposes only. Institutional clients can view the related report at www.jpmm.com/research/content/GPS-3855988-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2021 JPMorgan Chase & Co. All rights reserved.
Wednesday Sep 01, 2021
Global Data Pod: Delta’s summer surprises
Wednesday Sep 01, 2021
Wednesday Sep 01, 2021
We have been anticipating a large wave of Delta variant infections this quarter to weigh on mobility and generate a modest drag on global growth. In the event, the Delta wave has proved surprisingly mild thus far as global mobility continues to rise. But indirect drags from the Delta variant are probably greater than we anticipated. Its concentration in Asia is extending supply chain disruptions and rising concerns about a transition to a COVID endemic may be weighing on confidence.
This podcast was recorded on September 1, 2021.
This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-3851149-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2021 JPMorgan Chase & Co. All rights reserved.