St. Louis Fed Pres. Supports 0.75 Hike // Economy Too Complicated For Economists? - 8/19 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(0:57) - Chuck and Mike open the week's final show covering St. Louis Fed leader James Bullard's comments in which he stated he's in favor of another 0.75bp rate hike.(14:36) - Talking about how the current economy and market movement is too complicated for economists to predict and analyze.(25:43) - Touching on PWC data that showed over half of U.S. companies are planning layoffs in the foreseeable future.(36:48) - The MBTA's Orange Line shutdown begins tonight, and the guys break down the implications of the decision to close the second most popular subway line.