The Higher Standard

A HUGE Mistake, Goldilocks & Haroon Returns


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Haroon has returned and has already put in for his next PTO request in November where he thought he would be visiting the European country of Belize. While discovering that being Muslim is not an ethnicity, we quickly hop on over to a warning issued by JP Morgan's CEO, Jamie Dimon. Jamie D is suggesting that it would be a "huge mistake" to think the economy will boom. Yet, at the same time, new data suggests that the fall in home prices may already be over. Confused? Don't be, we explain what we think is happening. All three of us discuss the Fed's own economist's prediction of a "Goldilocks" scenario where we have no recession, low inflation, and positive growth. Then to cap the show Haroon provides some important life advice.

Resources:

Jamie Dimon says it’s a ‘huge mistake’ to think economy will boom with so many risks out there (CNBC)

The Fall in Home Prices May Already Be Over (Wall Street Journal)

The US is on course to build more apartments than ever in 2023 (Chartr Daily Instagram)

Business Bankruptcies Soar in August as Rising Interest Rates Bite (Bloomberg)

The Fed's own economists now expect a Goldilocks scenario: No recession, low inflation, and positive growth(Business Insider)

The man who bought the NYSE just made a $11.9 billion bet that he can fast-track your mortgage for far less than you’re paying now (Fortune)

Disclaimer: Please note that the content shared on this show is solely for entertainment purposes and should not be considered legal or investment advice or attributed to any company. The views and opinions expressed are personal and not reflective of any entity. We do not guarantee the accuracy or completeness of the information provided, and listeners are urged to seek professional advice before making any legal or financial decisions. By listening to The Higher Standard podcast you agree to these terms, and the show, its hosts and employees are not liable for any consequences arising from your use of the content.

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The Higher StandardBy Chris Naghibi & Saied Omar

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