Housing Market Challenges and Tragic Events

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This chapter examines the slowdown in home improvement sales due to high interest rates and a stagnant housing market, drawing parallels to the Great Recession. It also covers a tragic yacht sinking incident, extreme weather patterns in the Mediterranean, and Disney's controversial legal maneuver regarding a wrongful death lawsuit.

Episode 392: Neal and Toby examine the struggling housing market which is reflected in the latest earnings report by Lowe’s and Home Depot. Then, a roundup of the biggest headlines: What happened to Mike Lynch and the yacht? Disney walks back on its attempt to block the wrongful death suit against them. Alex Cooper gets a big paycheck for leaving Spotify and joining SiriusXM. Meanwhile, gold bars are now worth a million dollars for the first time ever. Next, fewer teens are choosing not to drive which means they’re skipping out on all the car-related expenses. Lastly, a popular video game series for millennials is making a comeback.

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00:00 - Intro

02:30 - Lowe's struggling

06:00 - Sunken super yacht

08:00 - Disney Lawsuit

10:00 - Alex Cooper Podcast Deal

14:30 - Gold prices skyrocketing

18:00 - Teens aren't driving

22:20 - Backyard sports is back