After a long needed week off of production, the boys are back in the studio. Haroon kicks off the episode by actually making sure that all three red lights are on to ensure that no video or audio will be missed for this reunion episode. Chris spent a week in Kauai and returns to Saied and Haroon with some new found emotional warmth, no jokes about the male anatomy, but plenty of "aloha!" Jumping right in to things, Chris discusses how frustrated he is with the clickbait title and interview by The Fed's Kashkari to Yahoo! Finance. Then Saied and Chris go down a long rabbit hole of what holding rates "higher for longer" actually means for the global economy and not just the United States. For those of you who want to know "Is Saied still coughing every damn episode?" The answer is absolutely and we leave every single one in the show to annoy you as much as it annoys us.
Resources:
Fed's Kashkari: 40% chance of needing 'meaningfully' higher rates (Yahoo! Finance)
What could break under higher-for-longer interest rates? (Reuters)
Rising Loan Costs Are Hurting Riskier Companies (Wall Street Journal)
The Fed’s favorite inflation indicator rose less than expected in August (CNBC)
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.
