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Episode 161

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Published on:

25th Jul 2023

Cardone Gets A Spanking, Fed Now, Cry Later & Non-Recession, Recession

Chris and Saied welcome back Haroon after being gone for a few episodes. The Huffington Post blasts "influencer" Grant Cardone in a sensational new article which speaks to many of the criticisms shared by Chris, Haroon and Saied on previous shows. Naturally, they get in to it and tell you how they really feel while providing insight in to why most of his purported investors don't understand what they are signing up for. They also explain how the Fed's looming instant payment modernization rollout is long overdue, but may be the first steps at a nationalized cryptocurrency. They dive in briefly to the rising homebuilder sentiment before wrapping up the show with Apollo's CEO description of a potential "non-recession" recession.

Resources:

Financial Influencer Grant Cardone Says He Can Make You A Billionaire. His Investors Claim He Defrauded Them (Huffington Post)

Here are 10 reasons why Wall Street’s inevitable recession never arrived (Market Watch)

Fed launches long-awaited instant payments service, modernizing system (Reuters)

Federal Reserve officially launches new FedNow instant-payments service (CNBC)

Fed launches new payments system that lets you send money in seconds (Yahoo Finance)

Apollo CEO: We are going to have a "non-recession" recession (YouTube & CNBC)

Homebuilder sentiment rises again in July, but builders warn higher mortgage rates are hurting (CNBC)

Why Do We Idolize and Admire Celebrities (Success Consciousness)



Disclaimer: Please note that the content shared on this show is solely for entertainment purposes and should not be considered legal or investment advice or attributed to any company. The views and opinions expressed are personal and not reflective of any entity. We do not guarantee the accuracy or completeness of the information provided, and listeners are urged to seek professional advice before making any legal or financial decisions. By listening to The Higher Standard podcast you agree to these terms, and the show, its hosts and employees are not liable for any consequences arising from your use of the content.

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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.

Follow Chris here as he posts daily: https://www.instagram.com/chrisnaghibi

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.