Top Traders Unplugged

GM87: Who Really Sets Policy Now? ft. Anna Wong

50 snips
Sep 10, 2025
Anna Wong, Chief U.S. Economist at Bloomberg and former economist at the Federal Reserve, shares vital insights into today’s economic landscape. She warns of a slow-burning inflation that markets might be underestimating. Anna tackles the unexpected effects of tariffs and discusses how AI is transforming the labor force, particularly impacting youth employment. The conversation also dives into the evolving culture at the Fed and the potential implications of a politically influenced central bank.
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INSIGHT

Housing Likely Contracts Then Stabilizes

  • Housing prices face a higher chance of continued contraction through year-end but likely stabilize by mid-2026.
  • The path depends heavily on unemployment and mortgage rate dynamics.
INSIGHT

AI Is Hitting Youth Hiring And White-Collar Jobs

  • AI appears to be reducing youth labor-force participation and weakening hiring in white-collar services.
  • Anna cites demographic drops and a St. Louis Fed study linking AI exposure to rising unemployment in affected sectors.
INSIGHT

Kevin Hassett Seen As Likely Fed Chair

  • Kevin Hassett is the likeliest Fed chair pick given his long ties to Trump and mainstream credentials.
  • Anna believes Hassett combines loyalty with conventional training and is well-known to both Trump and Fed insiders.
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