# Still Standing

Page: https://stenobird.com/podcast/macro-pulse-6609925/still-standing
Text version: https://stenobird.com/podcast/macro-pulse-6609925/still-standing.md
Podcast: [Macro Pulse](https://stenobird.com/podcast/macro-pulse-6609925)
Published: 2026-05-07T12:47:09+00:00
Episode link: https://haveranalytics.podbean.com/e/still-standing/
Audio file: https://mcdn.podbean.com/mf/web/arxuds348aqmjsg3/COTW_May_7_v2-esv2-70p-bg-29p-music-50p8pyvg.mp3
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JSON: https://stenobird.com/v1/public/podcasts/macro-pulse-6609925/episodes/still-standing
Duration seconds: 743

## Resource

Talk of a potential easing in Middle East tensions has steadied markets. But scratch the surface, and the macro picture remains far from settled. This week’s charts highlight the growing tension: • Global manufacturing holding up — despite higher energy prices• Shipping costs rising — supply chains tightening again• Oil production constrained — logistics, not demand, the issue• Policy expectations shifting — tilt back toward tightening risk • US bank lending standards – in neutral for now • Wage pressures still elevated — particularly in the UK The takeaway? Markets are still standing — but the balance between growth and inflation is becoming increasingly fragile.

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## Transcript

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