Nike Translated, Silent Depression & No Pigeons

Dec 26, 2023

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That's right! While most other podcasts are on a winter break, The Higher Standard boys are still bringing you some fresh content the day after Christmas. We cover all the topics you want to hear most in this holiday banger. Mortgage rates could soon drop to 6.5% and Saied, Chris and Haroon will tell you why they know that is likely to be true. The housing market slowdown is rippling through the economy. Nike sinks 10% after it slashes their sales outlook leading to $2 billion in cost cuts. And, finally, we top you of with a U.S. is in a silent depression debate. 2023 isn't over yet, let's gooooooooo!

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Resources:

Mortgage Rates Could Soon Drop to 6.5%. The Bond Rally Helps (Barron’s)

How the Housing Market Slowdown Is Rippling Through the Economy in Five Charts (Wall Street Journal)

Nike sinks 10% after it slashes sales outlook, unveils $2 billion in cost cuts (CNBC)

Is the U.S. in a ‘silent depression?’ Economists weigh in on the viral TikTok theory (CNBC)

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