This chapter discusses the impact of rising mortgage rates on the housing market, including decreased mortgage demand, decreased affordability, and slower sales pace. It also mentions the potential impact on the weak real estate market and the Fed's efforts to engineer a soft landing.
BYD is on Tesla’s heels, but we all know Elon Musk loves a challenge.
(00:21) Ron Gross and Bill Mann discuss: - The jobs report, and why they’re paying attention to mortgage rates, credit card delinquencies and inventory levels heading into earnings season. - Meta’s plans to offer a monthly subscription to users in the EU. - Cyberattacks hitting Clorox, MGM, and Caesar’s. - China’s BYD heating up the race in EVs.
(19:11) Elon Musk’s biographer Walter Isaacson explains Musk’s fascination with X and how his fixation on mission fuels his innovative and entrepreneurial spirit. .
(33:00) Bill and Ron break down two stocks on their radar: Chevron and Burford Capital.
Stocks discussed: META, CLX, MGM, CZR, TSLA, KVUE, ASR
Host: Dylan Lewis Guests: Bill Mann, Ron Gross, Ricky Mulvey, Walter Isaacson Engineers: Dan Boyd
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