The Fed Holds, Housing Peaks & Saied Fisting

In a spectacular display of machismo, Saied gives Chris not one, but three separate fist pounds during this sensational episode. Maybe Saied was just happy that the Federal Reserve left rates unchanged? Maybe it was the Fed's terrible track record of forecasting what the economy is likely to do? I guess we will never know, but what you will know for sure after this show is that we may be in the biggest housing bubble ever, Zillow shifted their 2024 home price forecast down and 30-year mortgage rates have in fact hit 8%. Economic data, financial literacy and a healthy portion of fisting. What else could you ask for? Resources:The Federal Reserve leaves rates unchanged. Here’s how it impacts your money (CNBC)Take the Fed forecast with a grain of salt. It has a terrible track record (CNBC)Biggest Housing Bubble Ever (Nick Gerli via X)Zillow once again shifts its 2024 home price forecast. Here’s why (Fortune)The Fed would be ‘flying blind’ on interest rate decisions after a government shutdown (CNBC)30-Year Mortgage Rates Rise Again, Flirting with Historic Peak (Investopedia)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.