As we pass the midpoint of 2024, we invited Steve Ricchiuto, Mizuho Americas’ Chief US Economist, to share his insight into the current state of the economy and his perspectives and prognostications going forward. With rate cuts forecasted and an election on the horizon, he joined Mizuho Investment & Corporate Banking’s Victor Forte and Moshe Tomkiewicz to explore how macroeconomic drivers will impact debt issuance and credit spreads through the remainder of the year.
Note that although our latest episode of Markets Mindset was recorded prior to President Biden’s withdrawal from the presidential race, commentary on the predicted impact of the election still applies to the Democratic ticket.