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Scott, this really isn't complicated. Ask your MBA students who are on the job market how things are going.
ОтветитьHe says inflation for things we need to buy like groceries, respectfully (in terms of groceries) I would like to replace “inflation” with willful price gouging (same goes for the energy sector)
ОтветитьMoving to Miami at the end of year - yeehaw.
ОтветитьFood prices and home prices are still way higher than they used to be. That's two of the three most basic human needs (food and shelter). Inflated prices make the stock market and top of the pyramid look great. But that doesn't represent 95% of society. So if you feel the economy is 'doing great', you know which side of the pyramid you're on.
ОтветитьAnother major factor in deficit/GDP is productivity. AI is going to massively increase productivity. Problem is… Lot of people are going to lose their jobs.
ОтветитьI work in construction. Over the years, I've worked with many illegal aliens. When asked, how did you obtain a Social Security number, I was told, someone gave him the number of a deceased relative. He was paying in to Social Security without ever hoping to get anything back. His wage after taxes was still much much higher than where he came from.
ОтветитьThe guest says he wants status quo because of how the economy is good for the top 20%, very good for the top 2-3%, and exceptionally good for the top 0.1%. Everyone else needs the status quo to change in a big way.
ОтветитьDay 29: Please bring on Gary Stevenson (Garys Economics)! Thanks!
ОтветитьCoup de grace, Scott. Not gras.
ОтветитьYou have to ignore some pretty damning evidence to believe Trump is the brilliant business man he pretending to be on the apprentice.
1. His CFO/account in prison.
2. He was just convicted of 34 felony fraud charges and is awaiting sentencing.
3. His company lost a civil fraud lawsuit and has like 465 million dollar judgment against it.
Yeah. Brilliant business man. Let’s make him leader of the world’s economy. Freaking insane. I can’t believe this is real life.
Aviators make me think you are hiding a nasty pink eye
ОтветитьNew homes suck because they always have a HOA.
ОтветитьIt would help the show to bring people with opposing views. For example in the context of politics and economics.
Perspective around economy will vary based on socio economic status.
Hate to see scott do the usual “I spent too much of my life thinking only about money” preaching shtick AFTER he’s accumulated hundreds of millions and lives in luxury that us plebs can’t even fathom 😂
ОтветитьThis fellow is a chronic milquetoast. Not up to your usual quality of guest.
ОтветитьTo combat that the economist with his head up his ass, its distrust among economist who completely dismissed when we said corporations were inflating what their cost of business was and artificially inflated prices to raise profits. No acknowledgment tells me you’ll never not be full of shit even though you just look at data.
ОтветитьGreat podcast,
Really enjoyed Mark, loved the info and Insights guys.
Once again, you all rocked it :)
I’d lose the sun glasses. You look like you’re biting Kara Swisher’s style
ОтветитьWow. If 10 dollars is now worth $7.50, who cares if inflation is stable again. These guys really think oh the fundamentals are back to where they should be and can't fathom that regular folk are 25% poorer than they were 4 years ago.
ОтветитьMark Zandi, Chief Economist of Moody’s Analytics - WHAT IF ALL THE NUMBERS ARE OFF, WRONG like we see every month, revised numbers, fake numbers, the numbers are all Fugazi
ОтветитьThe only amazing thing about economists forecasts is that people still thing they add value.
ОтветитьYou look ridiculous bro
ОтветитьHow this guest failed to noticed that when Trump was in office the immigration numbers dropped due to his "build a wall" stance , When Biden took office the numbers skyrocketed.
Scott you need guests who have opposite views/political discussion than your's... otherwise this is turning into a echo chamber.
Boxabl.
ОтветитьSure, we added 254,000 jobs, but only about 54 of them actually pay a living wage and offer benefits.
Ответить"If you want to lose your virginity at 19 give me a call" said the rich old man without getting cancelled.
ОтветитьReally enjoyed this one and appreciate Mark’s insights. Scott, never change😂
ОтветитьI love your jokes
ОтветитьMark is an incredibly good guest. Have him on more.
ОтветитьWithin 40 minutes, this pod goes from "we don't understand why people think the economy is shit", to "food and gas are outpacing wages", to "housing, the biggest expense for people, being in an affordability crisis".....
The plebs have better logic than you. Wake up!
6% of our gdp a day doesn't make sense - i don't think that's a real statistic x 365 days a year........for each day......math isn't adding up here. that'd mean we'd run out of our annual gdp every 16.666 days right?
ОтветитьI'm trying to understand how this economy is "good" whilst the greatest transfer of wealth and dwindling middle class.
ОтветитьCan you guys please discuss the CHEGG stock. You understand students better than anyone else. CHEGG is beaten down to a dollar now, it was 117 a year back
ОтветитьThe US needs to raise taxes. Americans need to pay more tax. Sorry guys
ОтветитьThis guest was brought to you by the US government. Reality is apparently a non issue
ОтветитьWell said guys! Wish more people listen this
ОтветитьStrong fact-based points from Mark, well done!
ОтветитьInflation is not dead.
ОтветитьThey dislike the economy because they are Confederates. Simple. They want the Confederacy back. Wealth flows to top, poverty enforced by violence below. NO opposition, free press.
ОтветитьAppreciate the great great content and the effort y’all put into it. Last thoughts today by Scott are gold! Thanks guys😊
ОтветитьOn your last show you said we’d never regret selling Palantir at 36 dollars.
I now regret selling Palantir at 36 dollars.
Sorry Mr Zandi but your view of Immigration is wrong. Both Parties are NOT serious about addressing illegal immigration right now. It's only being taken "seriously" because it's an Election year. Prof G's theory on Immigration is the correct one. It's just too damn profitable to the Country to keep it status quo. You'll see in 2025...this "problem" will not longer be discussed...until mid-term elections are back in the News. This makes many American voters sad though because the Country deserves a thoughtful, humane and rational policy on Immigration.
ОтветитьLove everything you guys are doing on Prof G, Pivot, Raging Moderates, and so on! I have one big request. Scott, on several occasions, in a few recent podcasts, you've shared the statement, "Paleolithic Emotions, Medieval Institutions, and God-Like Technology". This is a statement I have been sharing with everyone and anyone within earshot for the last two or so years. When I do so, I always cite the late, great E.O. Williams, an evolutionary biologists. Will you please do so if ever in the future you share this phenomenal insight with your vast listenership? All the best & Regards, Roland Miguel
Ответитьhow to tell when ppl are rich. they are completely clueless about ppl who make under 60k a year, or are on fixed income, are doing.
Ответитьwith regard to US debt, no one ever mentions defense spending
ОтветитьReally bad takes across-the-board here. Just goes to show out out of touch people like Mark Zandi really are. Yes, I'm sure the low and medium skilled citizens of America are stoked to compete with hardworking immigrants here for good paying jobs.
ОтветитьYour explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Veronica Thompson , and her helpful guides.
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