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“Big Short” Investor Bets on a Crash

The Compound and Friends

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Resilience and Big-Ticket Transactions

The speakers discuss the resilience of high and low-income earners during the pandemic, using examples such as Visa, Mastercard, Chipotle, Starbucks, and Home Depot. They highlight Home Depot's double beat on earnings, a cautious consumer sentiment, lower transportation costs, and supply chain improvements. They also explain the significance of big-ticket transactions for Home Depot and its behavior in relation to interest rates.

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