Badlands Media Economy Update 7/20/23

What if I told you that the US housing market is standing on shaky ground, teetering perilously close to a complete freeze? That's right, the current situation is so dire that only 1% of homes have changed hands, with a widening bid-ask spread causing a deadlock. In this riveting conversation with Dr. Kirk Elliott, we unravel the complexities of the market's predicament, probing deeper into jobless claims, tech stock jitters, and a disappointing AI boom that may forewarn an imminent recession...