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)
Consumers Pulled Back on Spending, Inflation Eased in October (Wall Street Journal)
Median New vs. Existing Home Sale Price (Kobeissi Letter via X)
Investors Are Hungry for Risk—and Holding Record Cash Sums (Wall Street Journal)
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.