The Last Thursday, Bostic Is A Hater & Cash Is Moving

The Higher Standard

This was a sad episode. Reluctantly, the boys have decided to try and change things up a bit by going from two shows a week down to one. Chris, Saied and Haroon are eliminating the Friday episode so that they can focus on improving the quality of content and growing the brand. They say the definition of insanity is doing the same thing over and over again and expecting a different result. I guess we are a little crazy. But not as crazy as the CEO who was the most accurate home-price forecaster in 2023. Chris has objections to that stance. The Fed's Raphael Bostic expects rate cuts to happen in the third quarter and Saied is convinced they are trying to scare the economy out of the optimism. And the Biden administration may have actually got something right for once. We are as shocked as you are.

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Resources:

This CEO was the most accurate home-price forecaster in 2023. Here’s what he expects for 2024 (Fast Company)

The $8.8 Trillion Cash Pile That Has Stock-Market Bulls Salivating (Wall Street Journal)

Fed’s Raphael Bostic expects rate cuts to happen in the third quarter (CNBC)

Macy’s to Cut About 2,350 Jobs, Close Five Stores (Wall Street Journal)

Biden administration unveils proposed changes to big banks’ overdraft fees (CNBC)

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