{"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 Real Wages Are Falling Despite a Strong Labor Market","slug":"why-real-wages-are-falling-despite-a-strong-labor-market","published_at":"2026-06-14T17:55:50+00:00","page_url":"https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/why-real-wages-are-falling-despite-a-strong-labor-market","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-0052.mp3","audio_url":"https://audio.fexingo.com/business/economic-indicators/episode-0052.mp3","summary":"Lucas and Luna dig into an uncomfortable economic paradox: the unemployment rate is flat at 4.3%, monthly payrolls keep rising, yet average hourly earnings adjusted for CPI are actually shrinking. They explore how the 4.2% annual CPI print in May has erased wage gains, leaving workers with less purchasing power than a year ago. Lucas walks through the math of real wages, why hourly earnings data can be misleading due to composition effects, and what this means for consumer spending heading into the second half of 2026. They also touch on the ECB's recent rate hike and how energy-driven inflation is squeezing households globally. No hot takes—just the numbers and what they imply for the broader economy. #RealWages #Inflation #LaborMarket #CPI #AverageHourlyEarnings #PurchasingPower #ECB #EnergyPrices #ConsumerSpending #Economics #FexingoBusiness #BusinessPodcast #EconomicIndicators #WageGrowth #May2026CPI #FedPolicy #HouseholdFinances #NominalVsReal Keep every episode free: buymeacoffee.com/fexingo","meta_description":"Lucas and Luna dig into an uncomfortable economic paradox: the unemployment rate is flat at 4.3%, monthly payrolls keep rising, yet average hourly earning…","key_points":[],"chapters":[],"topics":[],"duration_seconds":453,"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-real-wages-are-falling-despite-a-strong-labor-market/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-real-wages-are-falling-despite-a-strong-labor-market.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}