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  • Sometimes the title says it all. Shelter is actually propping up inflation and Chris, Saied and Haroon have the data to prove it.

    ➡️ Specifically, shelter accounts for approximately 33% of the total CPI and approximately 40% of core inflation. With this much weighting, you can't hit the Fed's 2% target without a decrease in shelter costs.

    💥 Have you left your "honest ⭐️⭐️⭐️⭐️⭐️" review?

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    ✔️ Click the link and start today: http://www.transcendcompany.com/THSP

    👕 THS MERCH: http://www.thspod.com

    🔗 Resources:

    Inflation cools off in April (Yahoo! Finance via Instagram)

    Inflation has not fallen in a single month since January 2021, according to Zerohedge (Kobeissi Letter via X)

    U.S. Rental vacancy (Kobeissi Letter via X)

    Housing Market Data (Redfin)

    Total US household debt increased by $190 billion in Q1 2024 (Kobessi Letter via X)

    U.S. Household debt climbs to a record $17.69 trillion (Yahoo! Finance via X)

    US credit card delinquency rates jumped to 8.9% in Q1 2024 (Kobessi Letter via X)

    U.S. jobless claims jump to highest level in eight months (Yahoo! Finance)

    In New York City, rents grew more than seven times faster than wages last year (Unusual whales via X)

    Fed Governor Waller wants ‘several months’ of good inflation data before lowering rates (CNBC)

    ⚠️ 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

  • It's been a while since the boys have had a guest on and they thought why not keep it in the family. Saied's cousin, Weiss Surkhabi, MD and his co-founder, Dr. Sina Arham join us to talk about their journey in building their company "Fridays." Fridays aims to provide patients with weight loss solutions that fit their biology and their budget. They believe in a patient's right to fair and equitable medical treatment to achieve their healthiest weight. Essentially treating obesity as a disease before someone's health deteriorates in to so many of the conditions that tend to develop afterward.

    ➡️ If you have followed the show, you already know that Chris is a big fan of peptides and what they mean for longevity and preventative care. So naturally it made sense to speak to two subject matter experts on some of the more popular variants and the nuances of how and when they are prescribed. Of course, it wouldn't be The Higher Standard podcast if we didn't get in to the nuances of how the business was started, the challenges that needed to be overcome and the lessons learned along the way.

    Learn More Here: https://www.joinfridays.com

    📌 Join Fridays On:

    Instagram: https://www.instagram.com/joinfridays/

    TikTok: https://www.tiktok.com/@joinfridays

    Facebook: https://www.facebook.com/joinfridays

    LinkedIn: https://www.linkedin.com/company/joinfridays

    💥 Have you left your "honest ⭐️⭐️⭐️⭐️⭐️" review?

    🏆 Sponsored By Transcend Company:

    TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you.

    ✔️ Click the link and start today: http://www.transcendcompany.com/THSP

    👕 THS MERCH: http://www.thspod.com

    🔗 Resources:

    Breakdown of all lifestyle (Dave Pascoe's Website)

    ⚠️ 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.

  • Eksik bölüm mü var?

    Akışı yenilemek için buraya tıklayın.

  • Okay, look, we admit it. We are a tiny bit older than 20 years-old and sure, that makes us the "old guys." But, it does mean we have lived through some good and bad decisions. Particularly when it comes to investing. Chris, Saied and Haroon open the show by breaking down their most important lessons in investing. Some have lead to big wins and some have lead to big losses. We hope they help you decide whether or not you are will to take the risk and invest on your own.

    ➡️ After a prolongated trip down memory lane, the boys dive right in to the week's important data and what yo should watch out for, Neel Kashkari is doing Neel Kashkari things again and rental vacancy for apartments is at its highest level in 4 years. Then, just after the hour mark, they pivot to Haroon's pop culture segment which includes all the things you should know from the past week. We got rap beefs, met galas and artificial intelligence.

    💥 Have you left your "honest ⭐️⭐️⭐️⭐️⭐️" review?

    🏆 Sponsored By Transcend Company:

    TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you.

    ✔️ Click the link and start today: http://www.transcendcompany.com/THSP

    👕 THS MERCH: http://www.thspod.com

    🔗 Resources:

    Notable data this week (Chris Naghibi via X)

    Fed may need to hold rates steady all year, Kashkari says (Reuters)

    U.S. Rental vacancy (Kobeissi Letter via X)

    ⚠️ 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.

  • So many people use Zillow or Redfin to determine the value of their home, but should they? Even if you get a value, how do you have confidence that it is the right one and not skewed by the wrong data? Realtors would tell you to leave it to the professionals, but a fun fact is that Realtors are not licensed to value homes, but rather only to sell them. Chris, Saied and Haroon are going to tell you how to value your home like a licensed real estate appraiser.

    ➡️ The great real estate professionals use this same methodology when they try to figure out what value to sell your home for or what the offer price should be of a home you are looking to buy. It's time you knew how to do it too.

    💥 Have you left your "honest ⭐️⭐️⭐️⭐️⭐️" review?

    🏆 Sponsored By Transcend Company:

    TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you.

    ✔️ Click the link and start today: http://www.transcendcompany.com/THSP

    👕 THS MERCH: http://www.thspod.com

    🔗 Resources:

    Notable data this week (Chris Naghibi via X)

    Consumer confidence hits lowest level since July 2022 (Yahoo! Finance via Instagram)

    U.S. Economic grows slower than expected in first Quarter (Yahoo! Finance via Instagram)

    Avg. 30-year fixed mortgage rate is 51 bps below the cycle high (Lance Lambert via X)

    Mortgage rates rise further above 7% (Yahoo! Finance via Instagram)

    ⚠️ 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.

  • If you have ever wondered if you can ask a question and be a guest on the show, the answer is absolutely... yes! Episode 227 of The Higher Standard podcast brings us a long time listener and first time caller, Vache. The young father-to-be sent a direct message to Chris about how to begin real estate investing and plan for his future. Saied, Chris and Haroon thought it would make a wonderful segment that would provide value to all. So we hope you like this analytical breakdown and personalized approach. If you have any questions or would like to be on the show, please do not hesitate to reach out.

    ➡️ Should the target inflation rate be 2%? The Fed is going to keep rates higher for longer after all. And, some interesting side hustle data that we thought would be compelling enough to share. Of course, no show would be complete without Haroon's growing pop culture segment.

    💥 Have you left your "honest ⭐️⭐️⭐️⭐️⭐️" review?

    🏆 Sponsored By Transcend Company:

    TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you.

    ✔️ Click the link and start today: http://www.transcendcompany.com/THSP

    👕 THS MERCH: https://thspodcast.myshopify.com

    🔗 Resources:

    Inflation will likely be above the Fed's 2% inflation target for the rest of 2024 (The Kobeissi Letter via X)

    The Fed is keeping interest rates higher for longer than normal (Yahoo! Finance via Instagram)

    This Flexible Side Hustle Is Helping Millions Earn Extra Cash — and Might Be 'More Attractive' Than an Office Job (Entrepreneur)

    ⚠️ 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.

  • Do I need a corporation? Do I need an LLC? What the hell is an "S" corporation and a "C" corporation? We have been asked this question so many times that it became obvious we needed to provide some insight in to what you need to know and do before you build a business. Chris, Saied and Haroon are here to help you get your business started with the right foundation in episode 226 of The Higher Standard.

    ➡️ Inflation also came in super hot and layoffs are happening in the market with some of the largest companies in business today. We also have an extra sexy dose of pop culture coming your way with commentary on Coachella, Caitlin Clark, Joe Rogan, Max Holloway, UFC and more.

    💥 Have you left your "honest ⭐️⭐️⭐️⭐️⭐️" review?

    🏆 Sponsored By Transcend Company:

    TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you.

    ✔️ Click the link and start today: http://www.transcendcompany.com/THSP

    👕 THS MERCH: https://thspodcast.myshopify.com

    🔗 Resources:

    Inflation comes in hotter than expected in March (Yahoo! Finance)

    Where inflation is… and isn’t (Yahoo! Finance via Instagram)

    Powell Dials Back Expectations on Rate Cuts (Wall Street Journal)

    Credit card delinquency rates are still on the rise (Yahoo! Finance via Instagram)

    Apple will lay off over 600 employees in California (CNET via Instagram)

    Tesla plans to lay off more than 10% of workforce as sales slump (CBS News via Instagram)

    ⚠️ 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.

  • In a jam packed episode of The Higher Standard podcast, Chris, Saied and Haroon cover everything you need to know before you buy a property. They then jump over the the importance of financial literacy in schools before the hit the hardcore data segment. A big recession indicator is flashing red, total credit card debt is up while the saving rate is plummeting and the boy have concerns of the looming inflation print. They think we won't see a probably of a rate cut until likely July at the earliest.

    ➡️ Episode 225 is also the beginning of testing a third show segment where Haroon hits us with some popular culture topics to discuss. Some will be finance related, some will not be, but for those of you who wanted to hear more about our thoughts and a more intimate look at who we are. We got you.

    💥 Have you left your "honest ⭐️⭐️⭐️⭐️⭐️" review?

    🏆 Sponsored By Transcend Company:

    TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you.

    ✔️ Click the link and start today: http://www.transcendcompany.com/THSP

    🔗 Resources:

    Value of a financial education: why more schools are providing financial literacy classes (CNBC via Instagram)

    The US economy is flashing a recession warning that has only been wrong once in the last century, top economist says (Kobeissi Letter via X)

    Total credit card debt vs. savings rate (Kobeissi Letter via X)

    Oregon Player comes forward as $1.3 billion powerball lottery winner, officials say (USA Today)

    Lara Croft is the ‘most iconic’ video game character, new polls finds (NBC News)

    ‘House of the Dragon’ Drops ‘Dueling’ Season 2 Trailers as HBO Makes Viewers Choose Between Rhaenyra and Alicent (Variety) 

    The UConn men's basketball team has won back-to-back NCAA championships (Variety) 

    Bad Boys: Ride or Die (Screen Rant)

    ⚠️ 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,

  • Years after reading an article on CNBC titled "There are 4 main paths to becoming a millionaire—and this is the easiest one, says money expert" Chris still feels like the salient points are still very much relevant to this day. Chris, Saied and Haroon kick off the show with Rich Corley's 4 paths to becoming a millionaire from his book titled "Rich Habits."

    ➡️ Episode 224 then pivots to a breakdown of Jerome Powell's love for Neel Kashkari, some fresh perspective on the FOMC's thoughts and methodology on what may happen next and an 800,000 payroll mistake.

    💥 Have you left your "honest ⭐️⭐️⭐️⭐️⭐️" review?

    🏆 Sponsored By Transcend Company:

    TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you.

    ✔️ Click the link and start today: http://www.transcendcompany.com/THSP

    🔗 Resources:

    There are 4 main paths to becoming a millionaire—and this is the easiest one, says money expert (CNBC)

    Remarks from Chair Jerome H. Powell at the Macroeconomics and Monetary Policy Conference (Federal Reserve Bank of San Francisco)

    We now have…Higher for longer back? (Kobeissi Letter via X)

    The Fed’s preferred inflation measure rises to 2.5% (Kobeissi Letter via X)

    Philadelphia Fed Admits US Payrolls Overstated By At Least 800,000 (Zero Hedge)

    Corporate Profits reach new highs & profit margins hover at historic highs (Yahoo! Finance)

    ⚠️ 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.

  • Friends, please make sure your financial seat backs and tray tables are in their full upright position because we are about to tell you why you need a trust. Make sure your economic seat belt is securely fastened and all carry-on luggage is stowed underneath the seat in front of you like Diddy sneaking through customs or in the overhead bins like his drug mule.

    ➡️ We are going to dive in to the last Fed meeting, the impact to the rate environment and talk to you about how it impacts you in the near future. Then, even though home prices rose 2.4 times faster than inflation since 1960s, new home prices are now down 20% and THS is here to tell you why.

    Sponsored By Transcend Company:

    TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you. Click the link and start today: http://www.transcendcompany.com/THSP

    Resources:

    Top takeaways from Jerome Powell’s FOMC press conference (Yahoo! Finance via Instagram)

    The FED Reserve posts record loss of $114 billion in 2023 (Yahoo! Finance via Instagram)

    A rush of money has hit US corporate bond markets in 2024 (Mohamed El-Erian via LinkedIn)

    Average rate for U.S. savings accounts (Chart of the Day via Instagram)

    Home prices rose 2.4 times faster than inflation since 1960s (CNBC via Instagram)

    New home prices are now down 20% (Kobeissi Letter via X)

    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.

  • After many repeated requests, Chris shares his own basic investment strategy that took his personal growth portfolio from $0 to over $1,000,000 with as little oversight as possible. He provides you the names of the low cost index funds he uses, the allocation to each and then explains how he has built his portfolio from there. This is not investment advice; however, it is what he did to create his wealth in the markets and is still what he does today. This strategy will work for the novice investor and for most experts; however, your own risk profile will determine if it is the best strategy for you. The Higher Standard boys, missing Haroon, then turn to the landmark lawsuit settlement by the National Association of Realtors and its potential impacts to the housing market. They dive in to the stock market's wild levels lead by the Magnificent 7 and then cap off the episode with a quick look at the rental housing market with a new found economist.

    Sponsored By Transcend Company:

    TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you. Click the link and start today: http://www.transcendcompany.com/THSP

    Resources:

    What to Know about the New Rules for Buying and Selling Homes (Wall Street Journal)

    Real Estate Stocks Slide Following Landmark Realtor Settlement (Yahoo! Finance)

    U.S. Home Values Are Growing Faster Than National Debt (Investopedia via X)

    Stock concentration is now at Great Depression levels (The Kobeissi Letter via X)

    Rental Housing Economist (Jay Parsons via LinkedIn)

    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.

  • Chris, Saied and the spirit of Haroon are back at it and still playing with an updated beta version of the format for "The Higher Standard" podcast. We are trying to hit you right in the face before the intro, before the shenanigans with useful financial literacy. We are still going to get in to current events and our take, but we want to make sure that each and every single one of you find value within each episode. So, please let us know what you think. We start off today's show with the #1 one killer of wealth. Auto debt can be way more deadly to your financial prosperity than you know. In breaking this all down, Chris and Saied share their mistakes along the way. Then they hop on over to a detailed breakdown on why the jobs report is broken and why the numbers you are hearing do not match the reality of the world around you.

    Sponsored By Transcend Company:

    TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you. Click the link and start today: http://www.transcendcompany.com/THSP

    Resources:

    February jobs report: US economy adds 275,000 jobs, unemployment rate hits 3.9% (Yahoo! Finance)

    Inside The Most Ridiculous Jobs Report In History: Record 1.2 Million Immigrant Jobs Added In One Month (Zero Hedge)

    Employment numbers actually fell (The Kobeisissi Letter via X)

    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.

  • In this "The Higher Standard" episode, Chris, Saied, and Haroon mix humor with economic deep dives. They cover building a top credit score and analyze S&P 500's performance via Bloomberg. Next, they tackle CNBC's report on the Fed's latest inflation measure. They then explore SuperCore Inflation with The Kobeissi Letter and tackle rent inflation's mysteries with the Washington Post. Plus, they dissect dire predictions of a $34 trillion debt crisis and rising mortgage rates from Fortune. Join them for a blend of laughs and insights in today's financial seas.

    Sponsored By Transcend Company:

    TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you. Click the link and start today: http://www.transcendcompany.com/THSP

    Resources:

    S&P 500 Sector Performance (Bloomberg)

    Key Fed inflation measure rose 0.4% in January as expected, up 2.8% from a year ago (CNBC)

    Core services less shelter inflation is a key metric that the Fed follows, also known as SuperCore Inflation (The Kobeisissi Letter via X)

    Rent is driving inflation. But there’s something off in the data (Washington Post)

    Pending homes sales are officially back below 2008 levels in the US (The Kobeissi Letter via X)

    Hotshot Wharton professor sees $34 trillion debt triggering 2025 meltdown as mortgage rates spike above 7%: ‘It could derail the next administration’ (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.

  • The boys start the show right off the bat with a commonly asked about mortgage hack that will actually save you a whole lot of money. The problem is that it isn't really something too many people actually do. It requires discipline, planning and making sure your bank applies the payments correctly. The rest of the episode is spent diving in to the Fed and their rate cut paradigm. By all outward measures, the FOMC should take a victory lap in that they have gotten inflation back in line while employment remains strong according to the data. You do know that Chris, Saied and Haroon already don't trust the jobs reports though. Episode 219 of The Higher Standard brings you a lot to think about as far as what may come for the economy and how to plan for your financial future. Also, Chris needs to stop doing drugs, he thinks he can take The Rock.

    Sponsored By Transcend Company:

    TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you. Click the link and start today: http://www.transcendcompany.com/THSP  

    Resources:

    Interest rate cut expectations continue to scale back (Kobeissi Letter via X)

    Assets: Total Assets: Total Assets Less eliminations from consolidation (St. Louis Fed FRED Economic Data)

    Fed Minutes show unease over premature cuts (Wall Street Journal)

    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.

  • The boys are off and running with shenanigans from the beginning. Haroon inadvertently opens his energy drink before the show started so he can't entertain you with his usual unnecessary interruptions, but don't worry, he filled his can with water for reasons we still don't fully understand. They spend a good amount of time recapping Jerome Powell's commentary from Jackson Hole, Wyoming which were clearly designed to strike fear in to the markets. One of their favorite economists, Mohamed El-Erian is very concerned that the Fed's actions to date may have 'destroyed the housing market by crushing both supply and demand.' Which was a fantastic segue in to the complete trash nonsense that Zillow is attempting to market. What do you do when home affordability is at an all time low? Rates are rising, home values haven't come down. Well, if you're Zillow, you offer a 1% down payment program to lure in homebuyers so you can sell more leads to Realtors.

    Sponsored By Transcend Company:

    TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you. Click the link and start today: http://www.transcendcompany.com/THSP  

    Resources:

    Japan is no longer the world's third-largest economy as it slips into recession (CNBC)

    0.3% decline in Q4 GDP (Mohamed A. El-Erian via X)

    U.S. Layoffs more than double month-over-month to start 2024 (Yahoo Finance)

    Frigid temperatures chill US retail sales, factory production (Reuters)

    Investors bought 26% of low-priced US homes that sold in Q4 2023 (The Kobeissi Letter via X)

    Excess Supply Of Apartment Deliveries Now, But Possible Shortages By 2026 (Forbes)

    What to know about the debut of Trump's $399 golden, high-top sneakers (NPR)

    Data Show the Economy Is Booming. Wall Street Thinks Otherwise (The Wall Street Journal)

    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...

  • Dive into the financial deep end with Chris, Saied, and Haroon for episode 217 of The Higher Standard podcast where they slice through the week's money maze with sharp wit and wisdom. From the dizzying heights of household debt mountains—mortgages to credit cards—revealed by The Kobeissi Letter, to decoding the inflation crystal ball before the big CPI reveal of 2024, they've got you covered. Don't miss their take on TikTok's "get-rich-quick" gurus, where the math's as fuzzy as a two-dollar wig, and the Airbnb arbitrage scandal that's left investors with pockets emptier than a politician's promises. They are brining all the smoke and dropping names of some of the most cliché of “influencers.” It's all about keeping it real with laughs, insights, and advice that could just save your financial bacon. Tune in for a rollercoaster ride through the money matters that matter!

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    Resources:

    Household debt, mortgages, auto loans, student loans, and credit card debt (The Kobeissi Letter via X)

    The first big inflation report of 2024 is coming out. Here’s what the CPI is likely to show (Market Watch) 

    TikTok Influencers Promise They’ll Make You Rich. The Math Doesn’t Add Up (Rolling Stone)

    Investors in Airbnb arbitrage business allege they were defrauded in scheme promising ‘higher returns than the stock market’ (CNBC) 

    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.

  • In this exhilarating episode 216 of The Higher Standard Podcast, Chris, Saied, and Haroon dive into the the tumultuous tumble of regional bank stocks, led by New York Community Bancorp's dramatic diva moment — cutting dividends and flaunting losses like it's going out of style. But don't let NYCB's solo act fool you; while they're busy singing the blues and getting sued by shareholders for a throwback to their 1997 stock price, Moody’s isn't here for the nostalgia, slapping them with a junk rating faster than you can say "financial meltdown." Meanwhile, Powell plays it cool, promising rate cuts with the enthusiasm of a parent telling their kids they’ll think about getting a puppy.

    Sponsored By Transcend Company:

    TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you. Click the link and start today: http://www.transcendcompany.com/THSP  

    Resources:

    Regional Bank Stocks Fall After New York Community Bancorp Cuts Dividend, Posts Loss (The Wall Street Journal)

    New York Community Bank’s Problems Look Mostly to Be Its Own (The Wall Street Journal)

    New York Community Bancorp is sued by shareholders as stock sinks to 1997 level (Reuters)

    Moody’s Cuts NYCB to Junk, Extending Sharp Decline in Shares (The Wall Street Journal)

    Powell insists the Fed will move carefully on rate cuts, with probably fewer than the market expects(CNBC)

    Credit card delinquencies surged in 2023, indicating ‘financial stress,’ New York Fed says (CNBC)

    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.

  • With this weekly cadence, the boys have a jam packed episode of data and things to challenge your perspective about what's going on in the market. They hit CRE and office prices, the yield curve inversion, corporate debt defaults and even a theoretical Tech Bubble 2.0 discussion. Lots of charts, lots of fun and all The Higher Standard you can handle.

    Sponsored By Transcend Company:

    TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you. Click the link and start today: http://www.transcendcompany.com/THSP  

    Resources:

    Key events this week (Kobeissi Letter via X)

    14% of all CRE loans and 44% of office buildings loans are now in negative equity (Kobeissi Letter via X)

    The inventor of Wall Street's favorite recession indicator predicts a slowdown this year - and slams the Fed for making things worse (Business Insider)

    Corporate debt defaults soared 80% in 2023 and could be high again this year, S&P says (CNBC)

    'You are now living through Tech Bubble 2.0': A 32-year market vet warns stocks are doomed to suffer substantial losses with valuations at historic highs and the economy on the verge of recession (Business Insider)

    The S&P 500 is back at a record level for the first time in 2 years (Mohamed A. El-Erian via X)

    Fed’s favorite inflation gauge rose 0.2% in December and was up 2.9% from a year ago (CNBC)

    Jeff Bezos shares his childhood working on a ranch (MoneyCelebs via YouTube)

    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.

  • The Higher Standard is back, fresh off their new once a week cadence. It feels equally as weird for Chris, Saied and Haroon. Behind the scenes, our boy Hayden, is getting up to speed on all the editing work. The end goal is to bring you all better content, better shows and better guests. We start off episode 214 with a hard look at the housing market and where it could be going. Chris expresses concerns for the "repo" market and the pressure it may ultimately put on the Fed to cut rates earlier than expected. Then the boys dive in to a long segment on saving and investing your twenties, why that's so important and what you can do to build wealth right now!

    Sponsored By Transcend Company:

    TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you. Click the link and start today: http://www.transcendcompany.com/THSP  

    Resources:

    2023 was the worst year to buy a house since the 1990s. But there's hope for 2024 (NPR) 

    December home sales slump to close out worst year since 1995 (CNBC) 

    In the Market: Repo market may throw a fit, spur Fed to action (Reuters)

    Here’s why it’s so important to start saving and investing in your 20s (CNBC) 

    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.

  • 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.

    Sponsored By Transcend Company:

    TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you. Click the link and start today: http://www.transcendcompany.com/THSP  

    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) 

    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.

  • The boys stepped in to the studio a little saucy from an earlier business meeting over steaks and adult beverages.  So much so that they forgot to do the introduction of the show.  After 20 minutes of a sobriety check, they hop in to a recession discussion pointing out that history is pretty clear that we have not in fact avoided a recession.  Although Chris disagreed with an article from The Wall Street Journal, he thought it was worthwhile to share for additional recession perspective.  Saied breaks down the massive 2023 economic loss as he take a victory lap for calling it a year in advance.  And, despite what you heard, Wall Street is not buying all the homes and driving up home prices.  Oh!  And Haroon sounds like Grover. 

    Sponsored By Transcend Company:

    TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you. Click the link and start today: http://www.transcendcompany.com/THSP  

    Resources:

    Recession avoided? History says otherwise (CNN)  

    It Won’t Be a Recession—It Will Just Feel Like One (Wall Street Journal) 

    Fed reports record loss for 2023 amid surge in interest expenses (Reuters) 

    No, Wall Street investors haven’t bought 44% of homes this year (Housing Wire)

    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.