---
title: "Macrocast: Retail therapy or essentials only?"
description: Tune into the Macrocast for insights on inflation, GDP, Fed moves, and global currency battles, plus a look at holiday spending trends and 2024 election impacts.2
---

[Ideas | Penta ](https://pentagroup.com/insight)

# [Macrocast: Retail therapy or essentials only?](https://pentagroup.com/insight/macrocast-retail-therapy-or-essentials-only)

 Written by [Brooke Van Horne](https://pentagroup.com/insight/author/brooke-van-horne) | Oct 26, 2023 11:00:00 PM

In this week's episode of the Macrocast, Ylan, Brendan, and John guide us through core PCE inflation rates, GDP surprises, and Fed Chair Powell's likely next moves. Looking forward to 2024, they predict what a recession would mean for presidential campaigns and the future president elect. They also examine how major players like the European Central Bank and President Trump have been influencing economic policies and markets around the world. Ylan, John, and Brendan also chat about how the powerful U.S. dollar is affecting exports and emerging markets, and how countries like Japan and China are fighting to stabilize their own currencies. They wrap up with a conversation about the joy of affordable Halloween fun during a year of record-breaking holiday spending.

[View full post](https://pentagroup.com/insight/macrocast-retail-therapy-or-essentials-only)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Brooke Van Horne"
  },
  "dateModified" : "2025-09-26T09:42:04.520Z",
  "datePublished" : "2023-10-26T23:00:00Z",
  "headline" : "Macrocast: Retail therapy or essentials only?",
  "image" : {
    "@type" : "ImageObject",
    "height" : 2088,
    "url" : "https://25254998.fs1.hubspotusercontent-eu1.net/hubfs/25254998/Imported_Blog_Media/retailtherapyoressentialsonly.png",
    "width" : 3520
  },
  "mainEntityOfPage" : "https://pentagroup.com/insight/macrocast-retail-therapy-or-essentials-only",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "Ideas"
  }
}
```