{"podcast":{"title":"Economic Indicators with Fexingo: GDP, CPI, PMI, and Reading the Macro Data","slug":"economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725","podcast_index_feed_id":7871725,"rss_url":"https://feeds.fexingo.com/business/economic-indicators.xml","website_url":"https://www.fexingo.com/","image_url":"https://audio.fexingo.com/business/economic-indicators/cover.png","author":"Fexingo","episode_count":121,"summary":"Lucas and Luna sit down each day with the latest releases of GDP, CPI, and PMI data, reading the macro tea leaves for what they actually mean for markets, policy, and business decisions. In each episode, Lucas traces a specific indicator—say, the core PCE deflator or the ISM manufacturing index—while Luna challenges the consensus interpretation, pushing toward the second-order effects that get lost in the headline numbers. They never just report the data; they argue about its signal-to-noise ratio, its revisions history, and its predictive track record. This is a show for the analyst, the portfolio manager, the economist, or the business leader who needs to interpret economic releases faster and more skeptically than the press releases. Lucas and Luna hold each other accountable to the numbers, calling out the difference between statistical noise and genuine turning points. Each episode closes with one unresolved tension: a data point that defies easy narrative, a lagging indicator that might be about to flip, or a policy response that could scramble the forecast. If you want to know not just what the data said today, but whether it matters for your next decision, this is the conv…","last_synced_at":"2026-07-18T12:21:16.733869+00:00","page_url":"https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725"},"episode":{"title":"How Business Inventories Are Signaling a Slowdown","slug":"how-business-inventories-are-signaling-a-slowdown","published_at":"2026-06-10T05:45:05+00:00","page_url":"https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/how-business-inventories-are-signaling-a-slowdown","show_page_url":"https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725","url":"https://audio.fexingo.com/business/economic-indicators/episode-0042.mp3","audio_url":"https://audio.fexingo.com/business/economic-indicators/episode-0042.mp3","summary":"In this episode of Economic Indicators with Fexingo, Lucas and Luna dig into the latest business inventories data, which hit $2.71 trillion in March 2026. They explain why inventories rising faster than sales is historically a leading recession signal, especially with capacity utilisation stuck at 76.1 percent. Using the recent JOLTS job openings surge and the yield curve steepening as context, they discuss whether the economy is headed for a mid-cycle slowdown or something more serious. Lucas walks through the inventory-to-sales ratio and why it matters for GDP revisions, while Luna pushes back on whether this time is different given supply-chain normalization. If you want to understand one of the most underrated leading indicators in macro data, this episode is for you. #BusinessInventories #InventoryToSalesRatio #LeadingRecessionSignal #CapacityUtilisation #JOLTS #YieldCurve #GDP #SupplyChain #MacroData #EconomicIndicators #FedPolicy #MidCycleSlowdown #InventoryCycle #LucasAndLuna #FexingoBusiness #BusinessPodcast #Economics #RecessionWatch Keep every episode free: buymeacoffee.com/fexingo","meta_description":"In this episode of Economic Indicators with Fexingo, Lucas and Luna dig into the latest business inventories data, which hit $2.71 trillion in March 2026.…","key_points":[],"chapters":[],"topics":[],"duration_seconds":525,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/episodes/how-business-inventories-are-signaling-a-slowdown/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/how-business-inventories-are-signaling-a-slowdown.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}