Macrocast by FTP & Markets Policy Partners
A pod at the intersection of financial markets and government policy
Macrocast by FTP & Markets Policy Partners
Back-to-School Spending and Market Signals ft. John Dick
Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.
This week, the Macrocast team is joined by frequent contributor John Dick of CivicScience for a read on the U.S. consumer heading into the fall. Sentiment bounced back after a steep prior decline and household financial health improved again, but the retail picture remains uneven: Walmart guided to its slowest same-store sales growth in years while Target surprised to the upside.
The team discusses strong back-to-school spending, early holiday intentions, rising credit card balances among younger consumers, and how retailers may deploy tariff refunds into lower prices. The team closes with progress toward a U.S.-Canada tariff agreement and the week ahead: payroll revisions, GDP, core PCE, and NVIDIA earnings.
For more about the hosts, please see below:
