90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
The 2014 U.S. Economic Outlook

We take on the economic outlook for 2014, the new year ahead. We’ll look at what’s working, what’s not and what’s coming for the U.S. economy.

A trader wears glasses celebrating the new year while working on the floor at the New York Stock Exchange in New York, Tuesday, Dec. 31, 2013. (AP)

A trader wears glasses celebrating the new year while working on the floor at the New York Stock Exchange in New York, Tuesday, Dec. 31, 2013. (AP)

Every New Year for years, it’s been the same.  This year will be the year the US economy finally takes off, we’ve heard.  And then it hasn’t.  Now it’s 2014’s turn.  Happy New Year!  This could be it.  And this time, the economic seers say they really, really mean it.  Not boom times, they say.  But strong growth on the way that should feel distinctly different.  And better.  We’ve shaken off debt.  We’re an energy powerhouse.  Washington’s chilling out.  Good times, maybe.  But for whom?  This hour On Point:  the economy in 2014.

– Tom Ashbrook

Guests

Mark Zandi, chief economist for Moody’s Analytics. Author of “Paying the Price: Ending the Great Recession and Beginning a New American Century” and “Financial Shock: A 360º Look at the Subprime Mortgage Implosion, and How to Avoid the Next Financial Crisis.” (@dismalscientist)

Heidi Moore, U.S. finance and economics editor for The Guardian. (@moorehn)

From Tom’s Reading List

The Guardian: Global economy set to grow faster in 2014, with less risk of sudden shocks – “The threat, for example, of a eurozone implosion, another government shutdown or debt-ceiling fight in the US, a hard landing in China, or a war between Israel and Iran over nuclear proliferation, will be far more subdued. Still, most advanced economies (the US, the eurozone, Japan, the UK, Australia, and Canada) will barely reach potential growth, or will remain below it.”

Moody’s Analytics: U.S. Macro Outlook 2014: A Breakout Year? — “Preconditions are in place for much stronger economic growth in 2014. The path won’t be straight up, and significant hurdles remain, including Congress’ budget battles and the winding down of the Fed’s bond-buying program. But the U.S. economy’s fundamentals are strong.”

Wall Street Journal: Winners of 2013: Boring Investors — “In the best year for U.S. stocks since 1995, the smart way to play the markets has been to follow the dumb money. So-called dumb-money strategies, which involve buying and holding a plain-vanilla portfolio of U.S. stocks, did much better than the more complex approaches employed by hedge funds and other professional investors.”

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Apr 28, 2015
Baltimore police officers push back demonstrators who are throwing rocks at the police, after the funeral of Freddie Gray, on Monday, April 27, 2015, at New Shiloh Baptist Church in Baltimore.  (AP)

After Freddie Gray’s funeral in Baltimore, protests turned violent. We’re on the ground looking at policing, protests and reaction in the streets.

Apr 28, 2015
A landmark new research study from Chinese scientists is one of the first to edit the genomes of human embryos. (Dr. Yorgos Nikas/  SPL)

Chinese scientists re-engineer human embryo genes, and set off a global moral debate. We’ll dig in.

RECENT
SHOWS
Apr 27, 2015
Former Olympic athlete Bruce Jenner at a charity event in 2013. (Mark Von Holden/Invision/AP)

Bruce Jenner opens up about his gender journey. We’ll look at the big picture of transgender life in America now.

 
Apr 27, 2015
Flowers and ribbons adorn a tree outside the Weinstein family house in Rockville, Md. last week. Earlier, President Barack Obama ook full responsibility for the counterterror missions and offered his "grief and condolences" to the families of the hostages, Warren Weinstein of Rockville, Maryland, and Giovanni Lo Porto who were inadvertently killed by CIA drone strikes early this year. (Jose Luis Magana/AP)

American drone policy and consequences. We’ll look at secret strikes and the evolution of drone war.

On Point Blog
On Point Blog
Your Favorite Musical Memories Of Rain
Wednesday, Apr 22, 2015

When we say ‘rain,’ you say ‘…?’ (Here’s what you really said when we said ‘rain.’)

More »
6 Comments
 
Three LIVE Tracks From Flor De Toloache
Friday, Apr 17, 2015

Fantastic live tracks from the amazing women of Flor de Toloache.

More »
1 Comment
 
Our Week In The Web: April 17, 2015
Friday, Apr 17, 2015

Interactions on Facebook, campaign time begins and a truck full of bees.

More »
2 Comments