This Is When The Recession Arrives
Haroon starts off the show extra sassy by giving Chris a taste of his own medicine. Chris quickly jumps in to a CNBC article about how 1 in 4 U.S. homebuyers want to move to a different city. The boys break down why Zillow tends to be bullish and their data should be looked at with caution. U.S bank lending is declining for the second straight week and Chris goes off on “tipflation” once again. He has been visceral every single time he talks about how out of control tipping has gotten. They round-out episode 165 by diving in to where starter homes are affordable and migration trends as reported by the always superior data source provider - Redfin. If you’ve read this far and you haven’t left us an “honest 5 star review,” we would appreciate you doing so now.
Resources:
1 in 4 U.S. homebuyers want to move to a different city—here’s the No. 1 place they’re looking (CNBC)
It’s Getting Even Harder to Afford a ‘Starter’ Home in the US (Bloomberg)
U.S. bank lending declines for second straight week (Market Watch)
Clock on the Fed's 'soft landing' may already be ticking (Reuters)
3 places people say they never tip amid ‘tipflation’: ‘It’s out of control’ (CNBC)
One-Quarter of U.S. Homebuyers Are Looking to Relocate (Redfin)
Key Fed inflation rate falls to lowest annual level in nearly 2 years (CNBC)
How the U.S. Economy Is Sticking the Soft Landing (WSJ)
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