Episode 199

Published on:

5th Dec 2023

Inflation Doesn't Solve All Problems & RIP Charlie Munger

Chris, Saied and Haroon are back and trying to read the economic tea leaves to help us all figure out what may or may not happen next.  Inflation cooled in October, but that doesn’t mean we have officially “beaten it.”  But, even the Fed’s Waller is out sounding confident that we have.  There has been a strong pull back in consumer spending, which the boys think is really good news for the battle against inflation.  The cost-of-living squeeze isn’t getting much better though.  Don’t forget that inflation dropping to the target of 2% still means things are getting slowly more expensive.  Even though all this is happening, cash hoarding investors are ready to invest in the market when the time is right.  Lastly, the great Charlie Munger has left us and the boy are slightly devastated in their own, special comedic way.  May he rest in peace. 

Sponsored By Transcend Company:

TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you. Click the link and start today: http://www.transcendcompany.com/THSP


Inflation continued to cool in October (Yahoo! Finance via Instagram)

Just How Bad Is the US Cost-of-Living Squeeze? We Did the Math (Bloomberg)

Consumers Pulled Back on Spending, Inflation Eased in October (Wall Street Journal)

Median New vs. Existing Home Sale Price (Kobeissi Letter via X)

Fed’s Waller expresses confidence that policy is in the right place to bring down inflation (CNBC)

Investors Are Hungry for Risk—and Holding Record Cash Sums (Wall Street Journal)

Charlie Munger, Who Helped Buffett Build Berkshire, Dies at 99 (Bloomberg)

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.

Show artwork for The Higher Standard

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

Profile picture for Christopher Naghibi

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.