Former CEO of Washington Mutual - Kerry Killinger | PBD Podcast | Ep. 185
PBD Podcast
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Economic Vulnerabilities: Stocks and Housing Insights
This chapter explores the recent decline in U.S. stocks attributed to unexpected inflation increases, analyzing the implications for interest rates and various assets. It examines economic trends, highlighting disparities between stock market growth and stagnant household income while discussing the current state of the housing market amid rising mortgage rates. The conversation reflects on the challenges facing landlords and the increasing presence of investment firms in the real estate sector, prompting questions about market sustainability and human perceptions during economic fluctuations.
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Transcript
