Episode 170

Published on:

25th Aug 2023

C&I Lending Is Shifting, Car Prices & How To Get Rich & Famous

Business loans, also known as “Commercial and Industrial” lending is shifting as the landscape of the economy pivots.  The boys break down what you need to know and what this means for you.  They spend some time on the generational differences in the expectation of workers as they dive in to a CNBC article that states “American workers are demanding almost $80,000 a year to take a new job.”  In what is arguably the world’s worst segue they jump in to the car market and some of the changes the industry is experiencing that are early indicators of strain on the consumer.  Chris provides a colorful backstory on the never-ending “beef” between Nouriel Roubini and CZ.  Saied awkwardly forces in an unnecessary article on mortgage rates to cap the show and Haroon fumbles the audio, but blames it on the “inter-webs.”  We also got a new, spectacular review.  We appreciate every single one, so much.  Thank you!  Also, if you haven’t, we are not friends.  No pressure….


Commercial and industrial lending falls again this week, but lending by small banks is up (Market Watch)

American workers are demanding almost $80,000 a year to take a new job (CNBC)

Car Prices Might Be Unsustainable for Buyers (Wall Street Journal)

How to Get Rich and Famous From a Stock Market Crash (Wall Street Journal)

Mortgage rates hit their highest point since 2000 (CNBC)

Toronto Mortgage Rates 1981 (Instagram)

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.

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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.