S8 Ep1304: Liz Peek discusses the resilience of the American economy, noting that high-end consumer spending remains strong despite recessio

The John Batchelor Show · Aug 19, 2026 · 17m

Liz Peek discusses the resilience of the American economy, noting that high-end consumer spending remains strong despite recession fears. Small businesses are reportedly "humming," with hiring and profitability reaching their highest levels since 2026. This economic momentum is increasingly driven by a massive boom in AI development, which has created an exponential demand for long-term capital. However, this appetite for money is pressuring the bond market, leading to higher mortgage rates that hinder the housing industry. Peek highlights a growing divide between red and blue states, where…