The Economy is Splitting in Two with Andy Schectman - Sarah Westall

About this episode

Economist, market analyst, and President of Miles Franklin, Andy Schectman, returns to the Economic Review to discuss the misdirection taking place across the financial media. We examine the bond market and challenge the prevailing narrative that China’s reduced purchases of U.S. Treasuries are simply the result of internal economic distress. Schectman explains why there may be much more happening beneath the surface and what shifting behavior in the bond market could signal for the broader economy. We also take another look at the growing divide between Americans who own significant assets and those struggling with everyday expenses. While asset holders have largely remained insulated, the…