Economy

(0:00) Bestie intros!

(1:37) Markets rip on strong economic data

(17:05) Media's broken business model, death spiral

(35:47) Texas defies the Biden Admin on the Southern Border after SCOTUS votes in favor of the federal government

(1:04:18) Ethics of publishing non-public financial data

(1:13:07) Fintech's reckoning

(1:26:27) ARkStorm 2.0

Follow the besties:

https://twitter.com/chamath

https://twitter.com/Jason

https://twitter.com/DavidSacks

https://twitter.com/friedberg

Follow the pod:

https://twitter.com/theallinpod

https://linktr.ee/allinpodcast

Intro Music Credit:

https://rb.gy/tppkzl

https://twitter.com/yung_spielburg

Intro Video Credit:

https://twitter.com/TheZachEffect

Referenced in the show:

https://www.cnbc.com/2024/01/25/gdp-q4-2023-the-us-economy-grew-at-a-3point3percent-pace-in-the-fourth-quarter.html

https://www.barrons.com/livecoverage/stock-market-today-012524

https://abcnews.go.com/Business/dow-closes-above-38000-record-high/story?id=106576234

https://www.cnbc.com/2024/01/11/cpi-inflation-report-december-2023-consumer-prices-rose-0point3percent-in-december-higher-than-expected-pushing-the-annual-rate-to-3point4percent.html

https://www.nytimes.com/2024/01/05/business/economy/jobs-report-december-2023.html

https://finance.yahoo.com/news/gas-prices-national-average-hit-by-mid-winter-blahs-on-way-to-3gallon-165833984.html

https://www.cnbc.com/2024/01/24/tesla-tsla-earnings-q4-2023.html

https://www.federalreserve.gov/newsevents/pressreleases/monetary20240124a.htm

https://www.bloomberg.com/news/articles/2024-01-23/china-mulls-stock-market-rescue-package-backed-by-278-billion

https://twitter.com/paulkrugman/status/1750529905627128154

https://fiscaldata.treasury.gov/americas-finance-guide/national-debt

https://twitter.com/RealEJAntoni/status/1750537238578930101

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

https://fred.stlouisfed.org/series/FEDFUNDS

https://www.forbes.com/sites/bradadgate/2023/12/19/media-companies-have-slashed-over-20000-jobs-in-2023

https://twitter.com/maxwelltani/status/1750507633247678531

https://www.nytimes.com/2024/01/23/business/media/los-angeles-times-layoffs-newsroom.html

https://www.nytimes.com/2023/11/01/business/media/conde-nast-business.html

https://www.cnn.com/2024/01/23/business/conde-nast-staffers-walkout-layoffs/index.html

https://www.latimes.com/entertainment-arts/business/story/2024-01-18/la-times-guild-calls-for-one-day-walkout-to-protest-looming-staff-cuts

https://www.nytimes.com/2024/01/19/business/media/sports-illustrated-mass-layoffs.html

https://www.npr.org/2024/01/18/1225446347/pitchfork-faces-layoffs-and-restructuring-under-conde-nast

https://fortune.com/2023/11/30/yet-another-media-company-is-laying-off-workers-as-the-industrys-retrenchment-hits-vox-media-for-the-second-time-this-year

https://variety.com/2023/digital/news/jezebel-shutting-down-go-media-layoffs-1235785877

https://www.npr.org/2023/05/15/1173260377/vice-media-bankruptcy

https://twitter.com/BillAckman/status/1750537848447533207

https://trends.google.com/trends/explore?date=today%205-y&geo=US&q=wsj.com,Businessinsider.com,twitter.com,nyt.com&hl=en

https://www.latimes.com/california/story/2021-08-20/recall-candidate-larry-elder-is-a-threat-to-black-californians

https://www.cbp.gov/newsroom/stats/nationwide-encounters

https://www.wsj.com/us-news/illegal-immigration-record-border-6db29cad

https://www.cbsnews.com/news/migrant-crossings-u-s-southern-border-record-monthly-high-december

https://www.scotusblog.com/2024/01/court-allows-border-patrol-to-cut-texas-razor-wire-along-rio-grande

https://www.texastribune.org/2024/01/22/texas-border-supreme-court-immigration

https://gov.texas.gov/uploads/files/press/Border_Statement_1.24.2024.pdf

https://nypost.com/2023/08/19/biden-sells-border-wall-parts-to-thwart-gop-push-to-use-them

https://www.nytimes.com/2023/09/07/nyregion/adams-migrants-destroy-nyc.html

https://www.cbsnews.com/news/cbs-news-opinion-poll-americans-border-crisis

https://www.foxbusiness.com/politics/california-offer-illegal-immigrants-free-healthcare-deficit-soars-population-shrinks

https://einvestingforbeginners.com/average-gross-profit-margin-by-industry

https://twitter.com/TexasLindsay_/status/1750427983448256552

https://twitter.com/WhidbeyWXGuy/status/1750006365790282175

https://twitter.com/US_Stormwatch/status/1749669643634233384

https://twitter.com/Weather_West/status/1750619800840110131

This week on the Digital Velocity Podcast, Tim and Erik discuss important business trends for 2024 including economic stability, AI tools and education, and content creation.

https://www.digitalvelocitypodcast.com/episodes/59-looking-ahead-to-2024-tim-curtis-and-erik-martinez

(0:00) Bestie intros! Friedberg's jumper

(1:21) US and its allies strike Houthi targets in Yemen

(16:24) Markets: Q1 rate cut looks unlikely, December CPI print slightly hot, soft landing in jeopardy?

(29:46) Carta's mistake, why verticalized SaaS tools could be in trouble, Chamath's 8090 incubator

(51:02) Why and how Sacks is taking on Slack, where Carta went wrong with founders

(1:05:17) DEI debate: cultural significance, real solutions, Motte-and-bailey

Follow the besties:

https://twitter.com/chamath

https://twitter.com/Jason

https://twitter.com/DavidSacks

https://twitter.com/friedberg

Follow the pod:

https://twitter.com/theallinpod

https://linktr.ee/allinpodcast

Intro Music Credit:

https://rb.gy/tppkzl

https://twitter.com/yung_spielburg

Intro Video Credit:

https://twitter.com/TheZachEffect

Referenced in the show:

https://twitter.com/SpeakerJohnson/status/1745642200866738254

https://www.reuters.com/world/middle-east/saudi-arabia-calls-restraint-after-air-strikes-yemen-2024-01-12

https://twitter.com/DavidSacks/status/1745723423396118593

https://twitter.com/DavidSacks/status/1745604701654298826

https://www.imdb.com/title/tt0120885

https://twitter.com/Jason/status/1745514413782917262

https://www.cnn.com/2024/01/12/politics/joe-biden-lloyd-austin-yemen-houthis/index.html

https://www.pbs.org/newshour/show/why-the-white-house-didnt-know-about-defense-secretary-austins-hospitalization

https://www.bloomberg.com/news/articles/2024-01-11/fed-s-mester-says-march-is-probably-too-early-for-a-rate-cut

https://www.reuters.com/business/finance/citi-swings-18-billion-loss-slew-charges-2024-01-12

https://layoffs.fyi

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcsstus1&f=m

https://twitter.com/karrisaarinen/status/1743398553500971331

https://henrysward.medium.com/how-we-handle-captable-information-c98d85d79277

https://henrysward.medium.com/should-carta-facilitate-secondary-trading-c319e0c9f080

https://twitter.com/chamath/status/1744414462986375440

https://twitter.com/coffeewithone/status/1744488896766042277

https://twitter.com/chamath/status/1745542094696145103

https://once.com

https://twitter.com/jasonlk/status/1745552662572208473

https://twitter.com/MattWalshBlog/status/1742583950944432607

https://www.oscars.org/awards/representation-and-inclusion-standards

https://wdwnt.com/2023/04/disney-ceo-bob-iger-doubles-down-on-inclusivity-and-diversity-during-shareholders-meeting

https://www.cnbc.com/2023/11/30/disney-ceo-bob-iger-says-movies-have-been-too-focused-on-messaging.html

https://www.dailymail.co.uk/news/article-4722408/Brian-Truitt-ridiculed-Dunkirk-diversity-review.html

https://www.nytimes.com/2022/04/23/business/pilots-diversity.html

https://twitter.com/Jason/status/1735164131806986441

https://www.thecollegefix.com/umich-now-has-more-than-500-jobs-dedicated-to-dei-payroll-costs-exceed-30-million

https://en.wikipedia.org/wiki/Motte-and-bailey_fallacy

This webinar delves into the future of the commercial real estate economy, exploring topics like the impact of inflation on prices, the possibility of a recession, opportunities arising from drought conditions, lessons from the 1977-81 inflation era, and strategies for investors to safeguard their portfolios in a high inflation environment. The host, James Kandasamy, brings over 9 years of real estate experience, offering insights into multifamily acquisitions and asset management. This educational series is aimed at investors looking to understand and navigate the evolving economic landscape in commercial real estate.

Learn Passive Investing In Commercial Real Estate with my #1 best-selling audiobook: https://achieveinvestmentgroup.com/freeaudiobook

☑️ Check out James Kandasamy at

🎓 Apply for Multifamily Mentoring Program: https://achieve-academy.net/

🌐 Invest with us: https://achieveinvestmentgroup.com/new-investor/

👍 Facebook: https://www.facebook.com/jameskandasamy/

📸 Instagram: https://www.instagram.com/jameskandasamy/

🌐 LinkedIn: https://www.linkedin.com/company/achieve-investment-group/

📹 YouTube: https://www.youtube.com/AchieveInvestmentGroup 

It's almost 2024, and with it comes the most important election of our lifetime. Yeah, I know, people are saying that with every passing election now. The problem is that it's right. We're navigating through some unprecedented times... at least for the USA. We've seen thinse things before in other nations and it never seems to work out. Andrew and Jason will give you and end of the year snapshot and projection for the upcoming year. Hold on tight, because we're in for rough waters.

Looking for a mortgage? Looking for the best rates? Join Ralph Estep, Jr., as he interviews mortgage expert Jason Bockniak. A great discussion about the mortgage market and the overall economy. Jason dives deep into historical trends and points out some concerning signs he sees in overall economic trends and how that may impact the rates on mortgages. This is a much listen to episode if you are interested in learning about some real interesing parallels between today's economy and the late 1970's. 

Here is a link to some of the information Jason discussed. https://www.freddiemac.com/pmms#:~:text=Current%20Mortgage%20Rates,xlsx 

LISTEN NOW

Please share our Podcast will all your friends and family!

Submit your questions or ideas for future shows - email us at ralph@askralph.com or leave a voicemail message on our podcast page Leave A Voicemail Message

Like us on Facebook and follow us on Facebook at https://www.facebook.com/askralphmedia Twitter (@askralphmedia) or visit www.askralphpodcast.com for more information.

To schedule a consultation with Ralph's team, contact him at 302-659-6560 or go to www.askralph.com for more information!

Buy Ralph's Book - Mastering Your Finances! on Amazon

(0:00) Bestie intro!

(3:12) Ivy League antisemitism hearings

(21:55) State of the economy for consumers

(34:55) Signs of life in SaaS, VC shutdowns, and more

(44:59) Why Friedberg chose to take the role of CEO at Ohalo, and the dearth of great leadership talent in tech

(1:01:07) Google announces Gemini: Why this is a notable moment for Google, industry impact, and more

(1:11:50) Adobe's $20B Figma acquisition has stalled out due to the UK's CMA

Follow the besties:

https://twitter.com/chamath

https://twitter.com/Jason

https://twitter.com/DavidSacks

https://twitter.com/friedberg

Follow Tucker:

https://twitter.com/TuckerCarlson

Follow the pod:

https://twitter.com/theallinpod

https://linktr.ee/allinpodcast

Intro Music Credit:

https://rb.gy/tppkzl

https://twitter.com/yung_spielburg

Intro Video Credit:

https://twitter.com/TheZachEffect

Referenced in the show:

https://rankings.thefire.org/rank

https://www.ft.com/content/9c7931aa-4973-475e-9841-d7ebd54b0f47

https://academic.oup.com/poq/article-abstract/82/1/135/4868126

https://fred.stlouisfed.org/series/CCLACBW027SBOG

https://www.cnn.com/2023/11/07/economy/americans-401k-plans-bill-payments/index.html

https://www.wsj.com/economy/consumers/inflation-consumer-spending-personal-income-october-2023-6a1ecb1d

https://www.axios.com/2023/11/28/cyber-monday-spending-record-shopping

https://www.cnn.com/2023/11/14/economy/consumer-price-index-october/index.html

https://www.cnbc.com/2023/11/21/home-sales-fell-to-a-13-year-low-in-october-as-prices-rose.html

https://kalshi.com/markets/fed/fed-funds-rate#fed-23dec

https://twitter.com/KobeissiLetter/status/1730607188341624851

https://twitter.com/chamath/status/1718016818118553622

https://www.saastr.com/carta-startup-shutdowns-are-up-237

https://www.theinformation.com/articles/vc-firm-openview-abruptly-winds-down-as-industry-pressure-rises

https://cloudedjudgement.substack.com/p/clouded-judgement-12123-net-new-arr

https://twitter.com/friedberg/status/1732217863975641389

https://ohalogenetics.com

https://www.youtube.com/watch?v=K4pX1VAxaAI

https://www.youtube.com/watch?v=v5tRc_5-8G4

https://blog.google/technology/ai/google-gemini-ai

https://twitter.com/chamath/status/1732482646419403077

https://www.figma.com/templates

https://assets.publishing.service.gov.uk/media/656f3c941104cf000dfa7563/Provisional_findings_report_3.pdf

In this episode, Aaron and Todd discuss the difficult topic of divorce and what to do with a couple’s most important asset…the home.  Untying the knot involves many challenging issues, and the sale of the family’s home can be a challenging one in this market.  More and more divorced couples are choosing to cohabitate due to the financial challenges involved with selling and moving.

Also in this episode, Todd and Aaron discuss a recent security breach that has brought some title companies to a standstill.

Link to the WSJ article on divorcing couples who are unable to sell their home:

https://www.wsj.com/personal-finance/they-want-to-split-up-the-housing-market-wont-let-them-bafd67f0?st=443urjxmsvo15ar&reflink=article_copyURL_share

Link to an article discussing the recent title security breach:

https://nationalmortgageprofessional.com/news/fidelity-national-financial-hit-cyberattack

Bald Brothers Team are:

Aaron Zapata, DRE 01356534
Todd Anderson, DRE 02077325
IMPACT Properties, Inc., DRE 01922671

www.baldbrothersteam.com
www.baldbrothers.tv
833-305-BALD

Copyright. The Bald Brothers Team is a licensed DBA of IMPACT Properties Inc. in CA. License number 01922671. Equal Housing Opportunity. 

Serving All of Southern CA

Deals are EVERYWHERE, but we'll tell you which store is offering the biggest savings.

It could literally be the hottest job going this summer. There is never a good time for the air conditioning to go out, but when it happens and the temperature is 107 degrees, homeowners will do anything to get it fixed fast.

Dr. Stephen Pape, the associate dean for Construction Sciences at the Dallas College School of Manufacturing and Industrial Technology, joined Ask the Expert Tuesday to explain.

Photo credit: Getty Images

"Use your portfolio of alternative investments to design your income so you can replace your w2 income with income coming from stable assets that go up in value when the market gets afraid, scary or slows down." - Ted Greene

Today I am interviewing Ted Greene again, only this time he is sharing his current economic update. 

He is the Investor Relations Manager at Spartan Investment Group who focuses on acquiring commercial real estate assets. Ted transitioned from equities to real estate after working in the field as a Fiduciary and Investment Advisor.  I spoke with Ted at the Best Ever Conference and knew right then that I wanted him to join me on the podcast. I have in the past interviewed Scott Lewis, the CEO & Founder of Spartan as well as the President CIO & Co Founder Ryan Gibson who presented at FIBI Pasadena. 

Ted Greene: Started in the financial industry right out of college with Merrill & Lynch and after 24 years in the industry he ended that part of his career as a portfolio manager chief compliance officer. 

TOPICS COVERED IN THE EPISODE

• Economist you can rely on 

• Who is David Rosenberg

• Why is there a lot of new supply coming on board 

• Is luxury development superseding affordable housing 

• What happens during times of contraction 

• How does job participation play a role 

• How long does it take to feel the full effect of Fed increases 

• When will we see the economy slow 

• What is the LEI index 

• Why did the Federal Reserve create a repo market and what does that mean 

• Why are banks no longer selling their loans to the treasury 

• The peak of storage units and its stability in the market 

• How life transitions affect the market 

• What is investors psychology 

• Managing our risk assets 

• Have you designed a stream of income to replace your W2 income 

• Why you need to invest in a variety of asset classes 

• What does all of this mean for residential real estate 

Listen now and find out how Ted found his Real Estate Breakthrough!

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every other week and learn everything you need to know to invest in real estate on Youtube, iTunes, Spotify, and more. You can watch Ted's interview on Youtube here. 

Find out more about Ted here: 

Website Spartan-Investors.com

LinkedIn Ted Greene

Email Ted@spartan-investors.com

In this episode of Investing On Purpose, JP and Ryan give an economic update and share what they believe is coming over the next few years in the economy. Ryan believes the worst of the recession is behind us, while JP thinks we might have a ways to go.

If you enjoyed this episode, leave us a like and subscribe to the channel.

Reach out at https://instagram.com/investingonpurpose
Subscribe to Ryan's YouTube channel at    / @ryandanielmoran   Timestamps:
0:00 - Intro -

0:30 - Is the recession over?

2:00 - JP’s prediction over the next 18 months

5:00 - We aren’t at the bottom yet

9:00 - Changing your approach

12:00 - This is the accumulation period

14:00 - AI and how it shifts the market

16:00 - A vision for a new future

The Reserve Bank and economists are at odds over interest rate predictions.

The Official Cash Rate was lifted 25 basis points yesterday to 5.5 percent, and Governor Adrian Orr says expects that's its peak.

But economists from at least two major retail banks refuse to back down on forecasts of more increases.

Westpac chief economist Kelly Eckhold says our population is expected to grow about 2.5 percent in the next year.

"Which is the highest level that we've seen since 1961. So we really anticipate that there's going to be more flow-through, perhaps through the housing market, rental markets, demand for goods and services."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

Welcome to the latest edition of The Due Dilly Podcast. Today's discussion will include something abstract for our quants out there, something useful that advisors and their clients can relate to, and some practical ideas that advisors can implement today. As always, Nik Boucher will be joined by Joe Mallen, Chief Investment Officer, and Jason Van Thiel, Director of Research for Helios Quantitative Research.

3 big ideas discussed in this episode:

• The world is moving into a new era due to the rapid aging of the world's population and American security policies.
• The new era will have winners and losers at both the country level and the industry level.
• Change brings opportunities to improve your profits. The big changes in the world can drive success using common tools and a different perspective.

Get more resources for this episode here: AskJeremyJones.com/286

In this episode, we invited Paul Barter, Entrepreneur in Residence, Strategist and Professor; Pam Banks, Executive Director and Samie Husain, Venture Services Manager – all of Altitude Accelerator to talk about the big things that are going on: recessions, technology space, cryptos, and startups. Meta laid off 11,000 employees and Elon Musk is planning to lay off 75% of Twitter’s employees. The news is reminding us of the recession. But how do we discover the hidden opportunities behind the news? 

What should startups do to weather the storm?

Subscribe to Tech Uncensored on Youtube
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Register and gain access to advisors, programs, and our extraordinary network

Follow us:
Connect with Altitude Accelerator on LinkedIn
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Website: https://altitudeaccelerator.ca/podcast/

Auckland Business Chamber CEO Simon Bridges is confident Prime Minister Chris Hipkins will make positive changes to our business sector.

The two of them met in Auckland after Bridges organised a roundtable meeting with business leaders across the region.

NZ Herald business editor Liam Dann is less confident about what Chris Hipkins can do for the economy.

Liam Dann says Chris Hipkins could make changes to immigration standards, but the tide is turning for unemployment figures.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

The Reserve Bank is set to make their next OCR announcement in a month, and predictions say it'll make a 75 basis point hike.

This will take the OCR to 5 percent, but economists are wondering if that will be the ceiling for rate hikes. 

HSBC Chief Economist Paul Bloxham speculates that this upcoming rate hike may be the last one we're faced with for a while because the economy is already starting to slow down.

"The economy's already weakening, the housing market's already weakening substantially, we've got very clear weakness in business confidence and consumer confidence. We think the next cab off the rank is for the labour market to show clearer signs of weakening as well." 

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

Tech savvy from a young age, the next Bitcoin generation has only known a  connected world with no physical boundaries. Coming out of Nigeria, Abubakar Nur Khalil, is a rising star. He’s a leading African Bitcoin core contributor, the founder of Qala, and Recursive Capital. In addition he sits on the board of BTrust, an initiative founded by Jack Dorsey and Jay-Z to help promote Bitcoin in the developing world. Abubakar joins Mauricio to share his inspiring story from young HTML coder to BTrust board member. And he also shares his take on why Bitcoin adoption is skyrocketing in Nigeria and why he believes Bitcoin is a big part of a better future for his country, the continent and the globe.

NOTE: This episode was recorded before the recent market events around FTX.

Learn more about Abubakar Nur Khalil at the links below:

Social

Twitter - https://twitter.com/ihate1999

Websites

Qala - https://qala.dev/

Recursive Capital - https://rcrsv.xyz/home

BTrust - https://github.com/btrustteam

This podcast episode was produced by Quill