Episodes
Wednesday Jan 24, 2024
U.S. Spending Out of Control, Stock News & Responding to a Comment
Wednesday Jan 24, 2024
Wednesday Jan 24, 2024
In this episode, Eli and John touch on the latest stock news, such as the Tech Sector outpacing the S&P500 but some stocks are lagging... A Bank of America survey conducted from Jan 5th-11th showed investors see large-cap companies underperforming small-cap companies in the next twelve months for the first time since June 2021. John and Eli also discuss the issues of U.S. spending, American credit card debt, and its connection to unemployment and a possible recession; and maybe, recessions aren't a bad thing. They conclude with a YouTube comment discussing last week's housing shortage episode and whether "shelter is a human right" or "a need" and what the differences are between the two.
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