The Higher Standard C&I Lending Is Shifting, Car Prices & How To Get Rich & Famous
Business loans, also known as “Commercial and Industrial” lending is shifting as the landscape of the economy pivots. The boys break down what you need to know and what this means for you. They spend some time on the generational differences in the expectation of workers as they dive in to a CNBC article that states “American workers are demanding almost $80,000 a year to take a new job.” In what is arguably the world’s worst segue they jump in to the car market and some of the changes the industry is experiencing that are early indicators of strain on the consumer. Chris provides a colorful backstory on the never-ending “beef” between Nouriel Roubini and CZ. Saied awkwardly forces in an unnecessary article on mortgage rates to cap the show and Haroon fumbles the audio, but blames it on the “inter-webs.” We also got a new, spectacular review. We appreciate every single one, so much. Thank you! Also, if you haven’t, we are not friends. No pressure….
Resources:
Commercial and industrial lending falls again this week, but lending by small banks is up (Market Watch)
American workers are demanding almost $80,000 a year to take a new job (CNBC)
Car Prices Might Be Unsustainable for Buyers (Wall Street Journal)
How to Get Rich and Famous From a Stock Market Crash (Wall Street Journal)
Mortgage rates hit their highest point since 2000 (CNBC)
Toronto Mortgage Rates 1981 (Instagram)
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