The Higher Standard cover image

The Higher Standard

Emergency Economic Fireside Chat

Aug 13, 2024
The stock market is on everyone's mind as recent declines raise eyebrows. The hosts analyze the shifting economic landscape and question whether the optimism around the 2Y/10Y spread was just a fleeting moment. With soaring U.S. credit card debt and disappointing job growth, discussions heat up around the impending recession. They delve into the intricacies of mortgage rates affecting the housing market and the influence of social media on society's attention spans. Humor and personal anecdotes pepper the serious economic discourse, making it an engaging listen!
01:33:45

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Quick takeaways

  • The podcast discusses the recent stock market decline and questions the significance of the 2Y/10Y spread in predicting economic health.
  • Hosts critically assess Dave Ramsey's investment advice, suggesting a more cautious approach rather than an aggressive 'buy, buy, buy' strategy.

Deep dives

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