Do facts or feelings fuel our economy? With Linda Yueh and Tom Simmons

Do facts or feelings fuel our economy? With Linda Yueh and Tom Simmons

Author: Deloitte UK December 10, 2024 Duration: 34:56

Have you ever heard of a 'vibecession'?

It's when we feel like we're in a recession, without actually being in one. When there's a disconnect between feelings and facts.

Feel familiar?

Economists are telling us that things are on the up. GDP is growing. Inflation is down. And wages are up.

So why does it feel like the mood of the population is heading in the opposite direction to the graphs?

It could be because our day-to-day experiences don't match up with the data. It's expensive to fill up our car. Our weekly shop costs more. And that lived reality feels more real than stats and commentary.

But should we trust the mood of the country over what the data is showing us? Do emotions speak louder than economic indicators? And is there a way to close the gap between our feelings and the facts?

That's what we're exploring with Linda Yueh, economist and broadcaster, and Tom Simmons, Senior Economist at Deloitte UK, in this episode of The Green Room as we ask: Do facts or feelings fuel our economy?

Tune in to find out: 

  • What 'animal spirits' have to do with the economy
  • Why disconnects between the data and our reality occur
  • The alternative ways we can measure economic success
  • How the media influences our economic perspective

Enjoyed this episode? Check our website for our recommendations to learn more about this topic: deloitte.co.uk/greenroompodcasts

You can also watch our episodes on Youtube: youtube.com/@DeloitteUK 

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Guests: Linda Yueh, economist and broadcaster, and Tom Simmons from Deloitte 

Hosts: Stephanie Dobbs and Oliver Carpenter

Original music: Ali Barrett


In The Green Room: Questions That Matter Most In Business, conversations move beyond surface-level trends to examine the underlying forces reshaping the commercial landscape. Hosted by Deloitte UK, this award-winning podcast creates a space where complex, pressing questions are met with clarity and depth. Every discussion is built around a single, significant inquiry, bringing in leading voices from across various sectors to unpack it. What you'll hear is not just commentary, but substantive strategic analysis and expert insights designed for leaders and professionals who need to understand the 'why' and the 'how'. The dialogue consistently returns to critical, interconnected areas like digital transformation, the practical implications of AI and technology, evolving leadership models, and the realities of the future of work. It also delves into core business strategy, the pathways to genuine innovation, and the urgent demands of sustainability and climate action. This podcast functions as a dedicated forum for thought leadership, where each episode provides a focused lens on the topics that define success and responsibility in modern business. The aim is to equip listeners with perspectives that are both broad and deeply relevant, turning abstract concepts into actionable understanding. It’s a resource for anyone looking to engage with the substantive ideas that are currently challenging and changing organizations worldwide.
Author: Language: English Episodes: 100

The Green Room: Questions That Matter Most In Business
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