Episode 176

Published on:

15th Sep 2023

A HUGE Mistake, Goldilocks & Haroon Returns

Haroon has returned and has already put in for his next PTO request in November where he thought he would be visiting the European country of Belize. While discovering that being Muslim is not an ethnicity, we quickly hop on over to a warning issued by JP Morgan's CEO, Jamie Dimon. Jamie D is suggesting that it would be a "huge mistake" to think the economy will boom. Yet, at the same time, new data suggests that the fall in home prices may already be over. Confused? Don't be, we explain what we think is happening. All three of us discuss the Fed's own economist's prediction of a "Goldilocks" scenario where we have no recession, low inflation, and positive growth. Then to cap the show Haroon provides some important life advice.


Jamie Dimon says it’s a ‘huge mistake’ to think economy will boom with so many risks out there (CNBC)

The Fall in Home Prices May Already Be Over (Wall Street Journal)

The US is on course to build more apartments than ever in 2023 (Chartr Daily Instagram)

Business Bankruptcies Soar in August as Rising Interest Rates Bite (Bloomberg)

The Fed's own economists now expect a Goldilocks scenario: No recession, low inflation, and positive growth(Business Insider)

The man who bought the NYSE just made a $11.9 billion bet that he can fast-track your mortgage for far less than you’re paying now (Fortune)

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About the Podcast

The Higher Standard
This isn’t a different standard, it’s the higher standard.
Welcome to the Higher Standard Podcast, where we give you ultra-premium, unfiltered truth when it comes to building your wealth and curating the lifestyle of your dreams. Your host; Chris Naghibi is here to help you distill the immense amount of information and disinformation out there on the interwebs and give you the opportunity to choose a higher standard for yourself. Sit back, relax your mind and get ready for a different kind of podcast where we elevate your baseline with crispy high-resolution audio. This isn't a different standard. It's the higher standard.

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About your host

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Christopher Naghibi

Christopher M. Naghibi is the Founder and Chief Executive Officer of Black Crown Inc. and Black Crown Law APC, a disruptive collective of attorneys, property managers, real estate agents and contractors who handle home sales and purchases, commercial and multifamily real estate brokerage, primarily for high net-worth and celebrity clients.

His team has over 20 years of experience, 1000+ satisfied clients, $10 million in recovered costs for clients, and in excess of $20 billion dollars in closed transactions.

As a licensed attorney, real estate broker, general contractor, and now Top 100 podcast host, Chris aims to provide free financial education that allows people to take control and democratize fear in the financial world.