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On today’s show, we discuss:
- A few thoughts on the market sell-off
- The Economic Experience of Non-College Americans Over the Pandemic
- After Years of Raising Prices, Food Companies Hit Consumers’ Limits
- Labor Market Constantly Changing
- Investment company outlook
- Snow Belt to Sun Belt Migration: End of an Era?
- A Couple Won the Powerball. Investing It Turned Into Tragedy.
- Revealing Divorce Statistics In 2024
Listen here:
Recommendations:
Charts:
Tweets:
We haven’t seen the VIX at 50 and credit spreads hanging in this well. One or both of these looks wrong. pic.twitter.com/88Y1xTCkFr
— boaz weinstein (@boazweinstein) August 5, 2024
— “The Starfish” (@wabuffo) August 6, 2024
Let me tell you something
Jerome Powell choked
HE CHOKED!!!
Legacy game, soft landing on the line and the man flat out choked pic.twitter.com/34smyHPM3h
— Ben Carlson (@awealthofcs) August 5, 2024
The Sahm Rule Recession Indicator triggered in July; Fed Chair Powell said it's not an economic rule, but a statistical regularity. In any event, here we are. pic.twitter.com/ZhSHx2qbJt
— Liz Young Thomas (@LizThomasStrat) August 2, 2024
It’s been the second longest manufacturing recession in history pic.twitter.com/e3CsDTAdB3
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) August 4, 2024
Interestingly, going back to 1950, we've never seen four consecutive monthly increases in the unemployment rate without being in a recession pic.twitter.com/3SIka1grL4
— Kevin Gordon (@KevRGordon) August 5, 2024
I think it rules that we invented decentralized currency uncontrollable by one central entity and it just ended up perfectly correlating with the american stock market anyways https://t.co/EoknRH0WFR
— andi (e/alb) (@Nexuist) August 4, 2024
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