{"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":"Why Corporate Bond Spreads Are Narrowing Despite Slow Growth","slug":"why-corporate-bond-spreads-are-narrowing-despite-slow-growth","published_at":"2026-07-10T06:05:16+00:00","page_url":"https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/why-corporate-bond-spreads-are-narrowing-despite-slow-growth","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-0105.mp3","audio_url":"https://audio.fexingo.com/business/economic-indicators/episode-0105.mp3","summary":"Lucas and Luna unpack a curious market signal: corporate bond spreads are tightening even as GDP growth moderates and the labor market shows cracks. With the S&P 500 at 7,544 and job creation slowing to just 57,000 in June, bond markets seem to be pricing in a different reality. Lucas dives into the mechanics of credit spreads, the role of the Fed's rate path, and why investors are piling into investment-grade debt despite a 4.2% unemployment rate and falling labor force participation. Luna pushes back on whether spreads are complacent or rational. The conversation centers on the Bloomberg US Corporate Bond Index spread, which has compressed to 98 basis points, near post-pandemic lows. They discuss what that means for the economy, whether it's signaling a soft landing, and how listeners can watch spreads as a leading indicator. A data-rich episode for anyone trying to read the macro tea leaves in mid-2026. #CorporateBondSpreads #CreditMarkets #FixedIncome #SoftLanding #FederalReserve #InvestmentGrade #BondMarket #EconomicIndicators #MacroData #RiskOn #Liquidity #GDPGrowth #LaborMarket #JOLTS #Inflation #Economics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo","meta_description":"Lucas and Luna unpack a curious market signal: corporate bond spreads are tightening even as GDP growth moderates and the labor market shows cracks. With…","key_points":[],"chapters":[],"topics":[],"duration_seconds":455,"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/why-corporate-bond-spreads-are-narrowing-despite-slow-growth/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/why-corporate-bond-spreads-are-narrowing-despite-slow-growth.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}