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On today’s show, we discuss:
- Why so bearish?
- The Exchange from the desk of Kelly Evans
- I spent two years revenge spending, it was hard to stop
- Bars, hotels and restaurants become the economy’s fastest-growing employers
- Net Interest on Goldman Sachs, Silvergate, Revolut, and Klarna
- The rise and fall of Silvergates crypto business
- The typical U.S. home changes hands every 12 years, down from 2020 peak
- Chart of the Week: House prices vs. rent
- Home is where retirement funding is
- How America soaks the affluent
- Average income by age plus median, top 1%, and all income percentiles
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