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Housing Market Updates You Need to Know and the Jobs Report
Episode 7113th September 2022 • The Higher Standard • Chris Naghibi & Saied Omar
00:00:00 01:02:46

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Despite a few naysayers who still cry fowl, the housing recession (as it's been called by the National Associations of Realtors) continues as the Fed battles inflation. The reasons for the 'pretend it's not happening' attitude among a few pundits and so called influencers is baffling as it conflicts with nearly every data point and the opinions of many economists and experts in the field.

In today's episode of The Higher Standard, Chris and Saied discuss some of the most recent data points on the housing market, and how this information will affect you.


They discuss why many people believe that a credit crunch is the only path to difficult times, and why that kind of thinking is incorrect, if not delusional.


Chris and Saied look at the disturbing trend of otherwise intelligent people making comments and predictions that lack any kind of economist-based reasoning. They explore the idea of putting feelings before data, and why that leads to confusion and misinformation.


They also explore the latest jobs report indicating that unemployment has risen slightly from 3.5 to 3.7%, and explain why it contains some positive things for the job market, further confusing people as to where the economy is headed.


This is a show you do not want to miss! Join Chris and Saied for this fascinating conversation.


Enjoy!


What You’ll Learn in this Show:

  • The 'delusional' idea that a credit crunch is the only path to difficult times.
  • Why otherwise intelligent people are putting feelings before data, and why that's dangerous.
  • The latest jobs report, and why it will only add to the confusion around the economy's direction.
  • And so much more...