Jerome met Trump, Trump yelled "Cut Rates," and Powell clutched his “Data Dependent” sign like a life raft. In this episode, Chris, Saied and Rajeil dissect the political theater behind a rare Oval Office showdown between the Fed Chair and the former President. Spoiler: Jamie Dimon’s lurking in the background muttering “I told you so,” and Uncle Elon’s possibly staging a PR divorce from Trump just to win back California Tesla buyers. The guys break it all down — from media optics to real economic implications — with sarcasm, stats, and side-eyes.
➡️ Plus, the housing market's got more cracks than your uncle’s drywall job. A record-breaking gap between sellers and buyers has the guys asking if affordability is even real anymore, or just something we say to feel better. Sprinkle in some hard truths about wage stagnation, a cameo from Saied’s son Adam (who steals the show), and a breakdown of why “the American dream” now requires a \$300K salary and a therapist. This one hits hard — and hits funny.
💥 Have you left your "honest ⭐️⭐️⭐️⭐️⭐️" review?
👕 THS MERCH: http://www.thspod.com
🔗 Resources:
Trump meets with Powell, tells him it's a 'mistake' not to lower rates (Yahoo! Finance)
‘It Is Going to Happen’: JPMorgan CEO Jamie Dimon Warns of Crack in the Bond Market (Barron's)
Home Sellers Now Outnumber Buyers in Record Numbers. Here's What It Means for Home Prices (Entrepreneur)
This is why Jamie Dimon is always so gloomy on the economy (CNBC)
Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows (CNBC)
The No. 1 skill to teach your kid ‘as early as possible,’ says psychology expert—they’ll be successful at ‘pretty much everything’ (CNBC Make It)
⚠️ 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.