Today, Dee and Anand discuss a wide range of topics, including the concept of a "Richcession" rather than a recession, and how investors can prepare for it. They also dive into the luxury hotel industry, where Hyatt is making bold moves while competitors focus on budget offerings. The hosts also discuss the brewing discontent among Disney employees over CEO Bob Iger's return-to-office mandate, and Amazon corporate workers potentially facing a pay reduction after a drop in shares. Additionally, they explore Instagram and Facebook's new paid-for verification feature, and the unsettling experience of interacting with Bing's AI chatbot. Finally, the hosts touch on the Qatar Royals' potential £5 billion bid for Manchester United, as well as the viral sensation who Shaquille O'Neal credits with "saving" the Slam-Dunk Contest. They close out the episode with a discussion on California's budget deficit, which has reached staggering heights.

- written by ChatGPT

Timeline of What Was Discussed:

• Some ‘power lunch’ fun banter. (1:32) 

• It’s a “rich-cession,” not a recession. (9:03) 

• You’re either doubling down on luxury or discounts. (22:11) 

• The Mouse says get back to work! (29:26) 

• Why it’s hard to retain talent when your stocks are down. (35:14) 

• Let’s get verified! (37:30) 

• Ban A.I. (41:31) 

• The problem with sports outside of America. (49:17) 

• Recapping NBA All-Star Weekend. (52:47) 

• California is NOT friendly to businesses. (59:53) 

Related Links/Products Mentioned 

• Chatt Kathy Club 

• It’s a Richcession, Not a Recession. Here’s Your Investing Playbook. 

• Hyatt is doubling down on luxury while its competitors focus on budget hotels 

• Disney employees are furious over Bob Iger’s return-to-office mandate and more than 2,000 have signed a petition to fight back 

• WSJ News Exclusive | Amazon Corporate Workers Face Pay Reduction After Shares Slip 

• Instagram and Facebook to get paid-for verification 

• ‘I want to destroy whatever I want’: Bing’s AI chatbot unsettles US reporter 

• Qatari Royals Plan £5 Billion Opening Bid for Man United 

• The Viral Sensation Who Shaq Says ‘Saved’ the Slam-Dunk Contest 

• Opinion | California’s Budget Deficit Blows Up 

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