Key topics:
✔️ ICYMI news, 9/4 - 9/9.
✔️ A zero down mortgage? What could possibly go wrong! *Gestures towards 2008*
✔️ I had a disappointing experience of prices going up so fast the store employees couldn't keep up with changing the stickers on the shelves. CNN published a story about a $25 backpack being unaffordable. But oh yeah - people'r'doin great! 😣
✔️ IMO, it's important to watch what the fat cats do. Not so much what they say, especially to the general public, but what they DO.
Links mentioned in this episode:
https://usatoday30.usatoday.com/money/perfi/housing/2006-01-17-real-estate-usat_x.htm
https://www.cnn.com/2022/09/01/homes/bank-of-america-zero-down-mortgages/index.html
https://finance.yahoo.com/news/mortgage-rates-tiptoe-perilously-close-130000339.html
https://finance.yahoo.com/news/census-bureau-3-8-million-110000669.html
https://finance.yahoo.com/news/bed-bath-beyond-cfo-accused-215540458.html
https://www.linkedin.com/news/story/ceo-does-not-regret-rto-mandate-5975154/
https://www.federalreserve.gov/newsevents/speech/powell20220826a.htm
https://www.cnn.com/2022/09/04/business/back-to-school-expenses-struggle/index.html
https://www.cnbc.com/2022/09/07/harvard-fellow-using-bnpl-for-food-shows-personal-desperation.html
https://www.linkedin.com/news/story/job-seekers-proceed-with-caution-5978106/
https://fairmontpost.com/should-job-hoppers-leap-one-more-time/
https://finance.yahoo.com/m/0f50d41c-d925-3acc-b502-d40f69b42fcb/junk-loan-defaults-worry-wall.html
https://nypost.com/2022/09/06/bear-market-lows-likely-arrive-in-4th-quarter-morgan-stanley/
https://tinyurl.com/muehwvpv
https://news.gallup.com/poll/400565/inflation-causing-hardship-majority.aspx
https://fortune.com/2022/09/07/housing-price-crash-canada-australia-new-zealand-goldman-sachs-research/
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Siren courtesy of Pixabay.