# Ep. 341: Phil Suttle on Trump's Populism, the Productivity Mystery, and Global Disruption Page: https://stenobird.com/podcast/macro-hive-conversations-with-bilal-hafeez-524900/ep-341-phil-suttle-on-trump-s-populism-the-productivity-mystery-and-global-disruption Text version: https://stenobird.com/podcast/macro-hive-conversations-with-bilal-hafeez-524900/ep-341-phil-suttle-on-trump-s-populism-the-productivity-mystery-and-global-disruption.md Podcast: [Macro Hive Conversations With Bilal Hafeez](https://stenobird.com/podcast/macro-hive-conversations-with-bilal-hafeez-524900) Published: 2026-01-16T08:45:00+00:00 Episode link: https://macrohive.libsyn.com/ep-341-phil-suttle-on-trumps-populism-the-productivity-mystery-and-global-disruption Audio file: https://traffic.libsyn.com/secure/macrohive/PodcastSuttleAudio.mp3?dest-id=1929056 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/macro-hive-conversations-with-bilal-hafeez-524900/episodes/ep-341-phil-suttle-on-trump-s-populism-the-productivity-mystery-and-global-disruption Duration seconds: 2700 ## Resource Phil is the founder of Suttle Economics – a leading research consultancy. Before that, he held senior roles at Tudor , the Institute of International Finance (IIF), JP Morgan, Barclays, the New York Fed and World Bank. He was educated at Oxford University and lives in the US. In the podcast, we talk about: US Labo u r Market Dissonance Trump's "Elizabeth Warren" Populism The Productivity Mystery Fed Under Pressure Sticky Inflation Through 2027 Global Business Disruptions Extreme Oil Volatility Japan's Policy Pivot China's Sluggish Consumer European and UK Growth Historical Parallels to Populism ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/macro-hive-conversations-with-bilal-hafeez-524900/episodes/ep-341-phil-suttle-on-trump-s-populism-the-productivity-mystery-and-global-disruption/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/macro-hive-conversations-with-bilal-hafeez-524900/ep-341-phil-suttle-on-trump-s-populism-the-productivity-mystery-and-global-disruption.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.