Podcast appearances and mentions of louis fed

The St. Louis Fed's Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Charles Gascon, economist and research officer, discuss economic insights from the latest Beige Book release highlighting the Arkansas region and the Eighth District.

The St. Louis Fed's Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Charles Gascon, economist and research officer, discuss economic insights from the latest Beige Book release highlighting the Arkansas region and the Eighth District.

Former St. Louis Fed President Jim Bullard reacts to the rising core PCE price index, and stronger personal spending numbers. He speaks with Bloomberg's Jonathan Ferro, Lisa Abramowicz, and Annmarie Hordern.See omnystudio.com/listener for privacy information.

The St. Louis Fed's Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Charles Gascon, economist and research officer, offer economic insights from the latest Beige Book release highlighting the Arkansas region and the Eighth District.

How do households react to economic surprises? While inflation affects all consumers, unexpected inflation spikes can have a more significant impact on some households than others. “For some households that find it hard to move resources around or borrow or adjust their savings, unexpected inflation will have a large effect on them,” says St. Louis Fed economist Yu-Ting Chiang. In this episode, Chiang previews his upcoming research on the effects of unexpected inflation shocks and their impact on households.

Former St. Louis Fed President Jim Bullard discusses the latest on Trump Administration tariffs and their impact. He speaks with Bloomberg's Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern. See omnystudio.com/listener for privacy information.

How is market signaling tied to economic growth, and what will the introduction of AI do to the wave of economic development in the US and abroad? Will other surging economies surpass the United States as dynamics continue to change?Michael Spence is a senior fellow at the Hoover Institute at Stanford University, also the author of a number of books, including The Next Convergence: The Future of Economic Growth in a Multispeed World and most recently, Permacrisis: A Plan to Fix a Fractured World.Greg and Michael discuss Michael's ideas on economic growth and signaling, exploring the early days of applied micro theory with key figures like Ken Arrow and Tom Schelling. They also cover the evolution of global economic policy, particularly the challenges and opportunities in an increasingly fragmented world. Michael shares insights from his books and emphasizes the importance of cognitive diversity in understanding and addressing global socio-economic issues.*unSILOed Podcast is produced by University FM.*Show Links:Recommended Resources:Kenneth ArrowRichard ZeckhauserThomas SchellingThe Market for LemonsPooling EquilibriumJohn Maynard SmithErving GoffmanEdward LazearWashington ConsensusReport: EU competitiveness: Looking aheadGuest Profile:Professional Profile at the Hoover InstitutionProfile for the Council on Foreign RelationsNobel Prize ProfileWikipedia PageHis Work:Permacrisis: A Plan to Fix a Fractured WorldThe Next Convergence: The Future of Economic Growth in a Multispeed WorldEpisode Quotes:The scarcity of time as a signal18:56: It turns out time is an incredibly important signal. In just an ordinary interaction, if somebody's willing to spend time with you, we always take this for granted because it's part of life, right? If they won't spend time with you, that sends a different signal. I mean, in the internet era, I think most people understand that the scarcest commodity is attention, not money, not other things. And so, the battle for people's attention, or time, or whatever you want to, these are slightly different, but it's pretty important. So, it's all there, but it did have origins well before the signaling and screening work.Signaling model has to be visible11:11: The core of the signaling model is that it has to be visible. It has to cost something; otherwise, everybody would do it. And the costs have to be negatively correlated with the quality; otherwise, it won't survive in equilibrium.Navigating crises, inequality, and global interdependence49:19: The way I approach that is try to look at the big challenges: maintaining some reasonable level of global sort of interdependence with the benefits that it brings without getting into big trouble, dealing with the various dimensions of the sustainability agenda, and dealing with sort of stunningly high levels of inequality, especially in wealth. Thomas Piketty's right; there's long cycles in these things, and maybe you just have to live through them. But, the last thing I did is look at the St. Louis Fed, which publishes pretty detailed data on American household net worth, assets, liabilities, and net worth. The top 10 percent has two-thirds of the net worth. The bottom 50 percent has 3%. Yeah. Sort of wonder, you know, can you really run a society that looks like that indefinitely, or if not, what's going to break and cause it to change?

The St. Louis Fed's Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Charles Gascon, economist and research officer, offer economic insights from the latest Beige Book release highlighting the Arkansas region and the Eighth District.

S&P Futures are trading lower this morning as markets await this morning Non-Farms Payrolls report. Two Fed officials spoke on Thursday and gave indications that the Fed's rate policy is near neutral. St. Louis Fed's Musalem also spoke on Thursday and said that the economic outlook appears to be different now than it was four months ago. Insurance stocks are moving lower this morning as California wildfires have destroyed thousands of structures, ALL, TRV & CB most exposed. The Biden Administration is planning another round of restriction on the export of AI chips before Biden leaves office. The Supreme Court is due to hear arguments today on a bipartisan law to ban the video sharing app TikTok. Delta Air delivered an earning beat this morning and forecasts a strong year ahead. European shares are mostly higher this morning and oil prices displaying strong gains this morning in the pre-market.

The St. Louis Fed's Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Charles Gascon, economist and research officer, offer economic insights from the latest Beige Book release with a focus on the Arkansas region and the Eighth District.

St. Louis Fed President Alberto Musalem discusses his perspective on monetary policy, inflation, and shares his outlook in conversation with Bloomberg's Mike McKee.See omnystudio.com/listener for privacy information.

Jon Hartley and James Bullard discuss Bullard's career in monetary policy, the history of the St. Louis Fed, serving on the FOMC during the Bernanke, Yellen and Powell Feds, inflation targeting, forward guidance, macroeconomic modeling, as well as how the Fed responded to the Great Recession, COVID-19, and the early 2020s inflation. Recorded on November 4, 2024. ABOUT THE SPEAKERS: James “Jim” Bullard is a macroeconomist and was president of the Federal Reserve Bank of St. Louis from 2008-2023. In 2023, he became the inaugural dean of the reimagined Mitchell E. Daniels, Jr. School of Business at Purdue University. He also serves as special advisor to the president of the university, reporting to President Mung Chiang in that capacity. Bullard is also a distinguished professor of service and professor of economics in the Daniels School. Before becoming president, Bullard served in various roles at the St. Louis Fed, starting in 1990 as an economist in the research division and later serving as vice president and deputy director of research for monetary analysis.  Born in Wisconsin, Bullard grew up in Forest Lake, Minnesota, and received his doctorate in economics from Indiana University in Bloomington. He holds Bachelor of Science degrees in economics and in quantitative methods and information systems from St. Cloud State University in St. Cloud, Minnesota. Jon Hartley is a Research Assistant at the Hoover Institution and an economics PhD Candidate at Stanford University, where he specializes in finance, labor economics, and macroeconomics. He is also currently a Research Fellow at the Foundation for Research on Equal Opportunity (FREOPP) and a Senior Fellow at the Macdonald-Laurier Institute. Jon is also a member of the Canadian Group of Economists, and serves as chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as well as in various policy roles at the World Bank, IMF, Committee on Capital Markets Regulation, US Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada.  Jon has also been a regular economics contributor for National Review Online, Forbes, and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC, and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list, and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/

Former Federal Reserve Bank of St. Louis President James Bullard discusses Fed rate cut plans, inflation and what a second Trump term could mean for the economy. He speaks with Bloomberg's Jonathan Ferro and Lisa Abramowicz. See omnystudio.com/listener for privacy information.

The St. Louis Fed's Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Charles Gascon, economist and research officer, discuss economic insights from the latest Beige Book release with a focus on the Arkansas region and the Eighth District.

VALUE FOR VALUE Thank you to the Episode 348 Producers: Sharky, harvhat, ChadF, Bearsnare, wartime, phifer, cbrooklyn112, permanerd, cottongin, Boolysteed, makeheroism, revcybertrucker, marykateultra, HeyCitizen, bitpunk.fm Intro/Outro: Midnight Room by | e s c p | Join us for Bowls With Buds Saturday night with new KC Bitcoiner Sean! ON CHAIN, OFF CHAIN, COCAINE, SHITSTAIN DeMu RSS feed tutorial video incoming! Alby Hub / "Savings Balance" / "Spending Balance" / "Node Health" Ring of Fire #21 email spencer@bowlafterbowl.com Italy plans to raise Bitcoin capital gains tax from 26% to 42%(Bloomberg) European Central Bank: The distributional consequences of Bitcoin (ECB) Minneapolis FED research paper finds banning, taxing Bitcoin can help maintain permanent budget deficits (Minneapolis Fed) St. Louis FED buying eggs with bitcoins (FRED) KC Bitcoiners' coffee meetup Friday @ 7:30 am at OLEO Take Care TOP THREE 33 33 killed, 3 hospitals targeted in Israeli strikes on northern Gaza (Good Morning America) Bomb threats disrupt 33 Indian airline flights, many turn out to be hoaxes (CNBC TV18) Trump's plans set social security benefits up for 33% cut, watchdog warns (Bloomberg) Oakland Hills Fire: video shows 5-alarm brush fire damaging homes, 33 years after 1991 firestorm (ABC 7 News) 7 killed, 33 injured in Turkey bus accident (Xinhua) 33 Nebraska judges up for retention: voters to decide their future (KOLN) BEHIND THE CURTAIN American Medical Association study: maternal marijuana use not tied to child autism or developmental delays (Journal of the American Medical Association)  Study: Cannabis a 'promising plant' as an insecticide to combat bugs that spread diseases (Revistas) Federal judge rejects effort by Alaska Airlines to overturn an arbitration order reinstating aircraft maintenance technician whom the company fired over a positive THC test (Street Insider) Court ruling allows medical marijuana dispensaries near Arizona preschools (AZ Mirror) Arkansas Supreme Court rules votes for medical cannabis expansion initiative on November ballot cannot be counted because language is "misleading" (The Associated Press) Delaware Gov. John Carney signs bill providing state-level protections to banks servicing marijuana businesses (Legis.DE.gov) Mexican official who led war on drugs jailed for 38 years for accepting bribes from Sinaloa cartel (The Guardian) METAL MOMENT Tonight, the RevCyberTrucker brings us a Lame Genie Beetlejuice Beetlejuice theme. Follow along with his shenanigans at SirRevCyberTrucker@revcybertrucker.com FIRST TIME I EVER... Bowlers called in to tell us about the First Time They Ever saw a scary movie. Next week, we want to hear about the First Time YOU Ever summoned a demon. FUCK IT, DUDE. LET'S GO BOWLING! Swedish hospital admits 33 women had unnecessary hysterectomies (Medical Xpress) 33 national 'Stars of Life' recipient recognized (Global Medical Response) German police say pizza order No. 40 came with a side of cocaine (The Associated Press) Funeral home in Poland apologizes after a corpse falls out o a hearse in traffic (AP) Greek man convicted of causing disturbance by entering neighbors' properties to smell their shoes (AP) Roman-era graves found by homeowner during basement renovation project (FOX) Rare US Constitution copy sells for $9 million at North Carolina auction (FOX) Orca splashes poop into audience at SeaWorld San Antonio (UPI) Mysterious white blobs washing up on Newfoundland beaches (CBS) Ohio officer 'attacked' by giant inflatable pumpkin (UPI) JOIN US SATURDAY FOR BOWLS WITH BUDS FT SEAN OF KC BITCOINERS!

The St. Louis Fed's Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Charles Gascon, economist and research officer, discuss economic insights from the latest Beige Book release with a focus on the Arkansas region and the Eighth District.

James Bullard was the president and CEO of the Federal Reserve Bank of St. Louis from 2008 to 2023, and he is currently the dean of the Mitchell E. Daniels Jr. School of Business at Purdue University. James is also a previous guest of the show, and he rejoins David on Macro Musings to talk about his time at the Fed, FAIT, and the upcoming Fed framework review. Specifically, James and David also discuss how to improve the FOMC's economic reporting, the case for implementing nominal GDP targeting, the future of R-star, and much more.   Transcript for this week's episode.   James's St. Louis Fed bio James's Purdue University profile   David Beckworth's Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings   Check out our new AI chatbot: the Macro Musebot! Join the new Macro Musings Discord server!   Join the Macro Musings mailing list! Check out our Macro Musings merch!   Related Links:   *R-Star Wars: The Phantom Menace* - A presentation by James Bullard at the 34th Annual National Association for Business Economics (NABE) Economic Policy Conference   *Demand Shocks as Technology Shocks* by Yan Bai, Jose-Victor Rios-Rull, and Kjetil Storesletten   Timestamps:   (00:00:00) – Intro   (00:03:10) – Defining the St. Louis Fed and Bullard's Fed Tenure   (00:09:58) – Comparing FAIT and Nominal GDP Targeting   (00:15:55) – Assessing the Current FAIT Framework   (00:25:37) – Evaluating the Recent V-Shaped Recovery   (00:29:28) – What to Expect from the Upcoming Fed Framework Review   (00:33:31) – Improving the FOMC's Economic Reporting   (00:37:46) – The Case for Nominal GDP Targeting   (00:50:24) – The Future of R-Star   (00:53:52) – Outro

The St. Louis Fed's Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Charles Gascon, senior economist, discuss economic insights about the Arkansas region and the Eighth District from the latest Beige Book release.

What patterns emerge when you zoom out and look at more than 80 years of data on income and housing? The answer is both nuanced and surprising. “Many members of these newer generations seem to be starting off their careers in smaller metro areas,” said St. Louis Fed economist Victoria Gregory. “These early in life location patterns are interesting because location choice is usually driven by job opportunities and affordability concerns.” In this podcast, Gregory reveals what did and didn't change regarding income, home ownership rates and, ultimately, where people decided to live across four different generations.

Former St. Louis Fed policy adviser David Andolfatto is worried that fiscal largesse will prevent the Federal Reserve from reaching its 2% inflation goal anytime soon.

The St. Louis Fed's Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Thomas Walstrum, senior business economist at the Chicago Fed, discuss their insights about economic conditions in Arkansas and the Fed's Seventh District.

How does population decline affect both short- and long-term economic growth? “There is a concern among developed countries that this may have an impact on productivity,” said Juan Sanchez, senior economic policy advisor at the St. Louis Fed. “But there is not a lot of research on that.” In this podcast episode, Sanchez discusses his research about how population decline impacts productivity, a key driver of economic growth.

More than one in three young adults, ages 18-24, report zero income. Depression rates in that age group are also comparatively high. And feelings about financial stability vary notably by race. Senior St. Louis Fed researcher Ana Hernandez Kent talks through those and other findings from the 2024 State of Economic Equity report, with notes about how research can inform better support for economically disconnected youth.

Former St. Louis Fed President James Bullard discusses disinflation and lower rates at the Hoover Institute's Monetary Policy Conference with Bloomberg's Mike McKee.See omnystudio.com/listener for privacy information.

Today we’re talking about the trade deficit at the request of some of our curious listeners. Since the mid-’70s, the U.S. has persistently been importing more goods than it exports. Is that such a bad thing? We’ll hear from Eswar Prasad, professor of trade policy at Cornell University and a senior fellow at the Brookings Institution, about why the U.S. has a trade deficit, whether it’s a good or bad thing, and why a country’s overall trade deficit matters more than deficits with specific countries. Then, we’ll get into how online political donations are fueling election campaigns this year. Plus, the malleable idea of “old age” and the wonders of happy sheep in a solar field. Here’s everything we talked about today: “Trade deficits aren’t good or bad, just weird” from Marketplace “The U.S. Trade Deficit: How Much Does It Matter?” from the Council on Foreign Relations Historical U.S. Trade Deficits from the St. Louis Fed “Chinese Exports Are Threatening Biden's Industrial Agenda” from The New York Times “Trump promised to rebalance trade in North America. The US trade deficit keeps climbing.” from Politico “How online donations are fueling the election” from Politico Polling in 2024 from Reuters Opinion | “What Departing Lawmakers Think About Congress” from The New York Times “Young US adults reach key milestones later in life than in the past like marriage, full-time job, financial independence” from Pew Research Center Want more “Make Me Smart” in your life? Sigh up for our newsletter at marketplace.org/smarter.

Today we’re talking about the trade deficit at the request of some of our curious listeners. Since the mid-’70s, the U.S. has persistently been importing more goods than it exports. Is that such a bad thing? We’ll hear from Eswar Prasad, professor of trade policy at Cornell University and a senior fellow at the Brookings Institution, about why the U.S. has a trade deficit, whether it’s a good or bad thing, and why a country’s overall trade deficit matters more than deficits with specific countries. Then, we’ll get into how online political donations are fueling election campaigns this year. Plus, the malleable idea of “old age” and the wonders of happy sheep in a solar field. Here’s everything we talked about today: “Trade deficits aren’t good or bad, just weird” from Marketplace “The U.S. Trade Deficit: How Much Does It Matter?” from the Council on Foreign Relations Historical U.S. Trade Deficits from the St. Louis Fed “Chinese Exports Are Threatening Biden's Industrial Agenda” from The New York Times “Trump promised to rebalance trade in North America. The US trade deficit keeps climbing.” from Politico “How online donations are fueling the election” from Politico Polling in 2024 from Reuters Opinion | “What Departing Lawmakers Think About Congress” from The New York Times “Young US adults reach key milestones later in life than in the past like marriage, full-time job, financial independence” from Pew Research Center Want more “Make Me Smart” in your life? Sigh up for our newsletter at marketplace.org/smarter.

Today we’re talking about the trade deficit at the request of some of our curious listeners. Since the mid-’70s, the U.S. has persistently been importing more goods than it exports. Is that such a bad thing? We’ll hear from Eswar Prasad, professor of trade policy at Cornell University and a senior fellow at the Brookings Institution, about why the U.S. has a trade deficit, whether it’s a good or bad thing, and why a country’s overall trade deficit matters more than deficits with specific countries. Then, we’ll get into how online political donations are fueling election campaigns this year. Plus, the malleable idea of “old age” and the wonders of happy sheep in a solar field. Here’s everything we talked about today: “Trade deficits aren’t good or bad, just weird” from Marketplace “The U.S. Trade Deficit: How Much Does It Matter?” from the Council on Foreign Relations Historical U.S. Trade Deficits from the St. Louis Fed “Chinese Exports Are Threatening Biden's Industrial Agenda” from The New York Times “Trump promised to rebalance trade in North America. The US trade deficit keeps climbing.” from Politico “How online donations are fueling the election” from Politico Polling in 2024 from Reuters Opinion | “What Departing Lawmakers Think About Congress” from The New York Times “Young US adults reach key milestones later in life than in the past like marriage, full-time job, financial independence” from Pew Research Center Want more “Make Me Smart” in your life? Sigh up for our newsletter at marketplace.org/smarter.

Editor's Note: This episode initially aired on July 13, 2022. It may contain some details that are out of date. Even with talk of a cooling housing market, prices are still high, and inventory is still low. If you're looking for a good deal, what are you supposed to do? This week we're going to find out how to find a great real estate deal no matter the market. As usual, co-hosts Stacy Johnson and Miranda Marquit are joined by producer Aaron Freeman. Today's special guest is Mindy Jensen from the real estate investing and education website BiggerPockets. Remember, even though we sometimes talk about specific investments on this show, don't take them as recommendations because they're not. Before investing in anything, do your own research, and make your own decisions. You can download the episode wherever you get your podcasts: Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Don't forget to check out our podcast page for more episodes designed to help you make the most of your money and our YouTube page for more videos. https://youtu.be/pXbYYIpisxA What's going on with the housing market? Things might be slowing down a bit, but the housing market is still red-hot in some areas. Where is the housing market overheated, and where is it likely to maintain its value? Check out our slideshow on 20 overvalued housing markets. One of these markets is in Boise, Idaho. Miranda lives in Idaho! Not all cities have seen a housing boom. Check out our article on some cities where homeowners remain underwater. Real estate really is local. Worried about a coming pullback? You might be fine if you live in one of the real estate markets likely to hold their value. Are we really in a housing market bubble? Listen to our previous podcast episode with Mindy, talking about what's next for the housing market. Before you buy a home, make sure you're not in one of these housing markets that are likely to drop. How affordable is it to buy a home? Check out the St. Louis Fed's housing affordability index and the NAR affordability index. Interested in the relationship between mortgage rates and housing prices? Check out this analysis by the Urban Institute. Tips for finding a good deal on a home Mindy thinks that it's possible to find good deals no matter what the housing market looks like. Get to know your local real estate market and start deal hunting if that's what you're interested in. First-time homeowner? Check out our article on buying your first home. Learn how to buy a home even if you have a small down payment. Stacy has advice on how to decide whether to rent or buy a house. Looking for the best location? We've got an article full of tips on finding the best location for your home. It's not always about buying a home to live in. Check out our list of cities where you can make bank when you buy a rental property. Use our tips on how to find a good rental property. Want a place to live and make money as well? Check out the BiggerPockets guide to house hacking. Meet this week's guest, Mindy Jensen[caption id="attachment_396560" align="alignnone" width="1920"] Mindy Jensen / Money Talks News[/caption] Mindy Jensen is a licensed agent in Colorado, and has been buying and selling houses for more than 20 years. She's the community manager for BiggerPockets.com, and the host of the BiggerPockets Money Podcast. Website Podcast Don't listen to podcasts? A podcast is basically a radio show you can listen to anywhere and anytime, either by downloading it to your smartphone, or by listening online. They're awesome for learning stuff and being entertained when you're in the car, doing chores, jogging or riding your bicycle. You can listen to our latest podcasts here or download them to your phone from any number of places, including Apple, Spotify, RadioPublic, Stitcher and RSS. If you haven't listened to our podcast yet, give it a try, then subscribe. You'll be glad you did! About the hosts Stacy Johnson founded Money Talks News in 1991. He's a CPA, and has also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate. Miranda Marquit, MBA, is a financial expert, writer and speaker. She's been covering personal finance and investing topics for almost 20 years. When not writing and podcasting, she enjoys travel, reading and the outdoors.Become a member: https://www.moneytalksnews.com/members/See omnystudio.com/listener for privacy information.

The St. Louis Fed's Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Chad Wilkerson, senior vice president and Oklahoma City Branch executive for the Kansas City Fed, discuss their insights on the Arkansas and Oklahoma regional economies.

William Rodgers III, Director of the St. Louis Fed's Institute for Economic Equity joins Tom and Megan in studio talking about the state of the economic equity among young adults.

The St. Louis Fed's Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Nathan Jefferson, associate economist, discuss economic insights about the Arkansas region from the latest Beige Book release.

Jason talks about the concept of shadow demand in the real estate market, emphasizing the strong demographic trends of household formation in the United States. He highlighted the issue of low housing inventory leading to rising rents and prices, and decreased affordability. He stressed the importance of considering the right comparison points when discussing housing affordability and promoted the "empowered investor cruise", a cruise event featuring education, networking, and fun. Jason also interviews Michael Zuber, author of 'One Rental at a Time', about the real estate financial market. They discussed Michael's philosophy of incremental progress in real estate investing and his recent move from California to Las Vegas. Michael emphasized data-driven decisions and presented a '53 year spreadsheet' to track real estate market data since 1970. They also discuss the impact of interest rates on the real estate market and made adjustments to a spreadsheet. Towards the end, they discuss the home price appreciation rate, the effect of leverage and inflation rates, and the future of the housing market. To view the charts, check out the video here https://www.youtube.com/@JasonHartmanRealEstate/videos to be published in a few days. #RealEstateInvesting #MarketDynamics #FinancialForecast #JasonHartman #OneRentalAtATime #EmpoweredInvestorLive   Key Takeaways: Jason's editorial 1:43 Shadow demand + Low supply = Opportunity 5:39 Zooming in on the 18 to 29 year olds 8:05 12.5M homes needed and so limited inventory for sale 12:15 Learn more with us. Join the Empowered Investor Cruise https://empoweredinvestorlive.com/ Michael Zuber interview 13:28 Michael what is going on in the housing market 18:04 Chart from St. Louis FED https://fred.stlouisfed.org/ 28:41 What does this information mean- to you     Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

 Vince Piazza, Senior Analyst covering energy with Bloomberg Intelligence, joins to discuss APA buying Callon Petroleum and outlook for oil/energy in 2024. Mandeep Singh, Senior Tech Analyst with Bloomberg Intelligence, joins to talk about TikTok's e-commerce ambitions and outlook for generative AI in 2024. Ed Harrison, Team Leader for Americas FX/Rates at Bloomberg News, joins to discuss his “Everything Risk” column on 2024's risk being a hot US economy. Bloomberg International Economics and Policy correspondent Michael McKee joins to discuss the St. Louis Fed naming Alberto Musalem its new president. Herman Chan, Senior Analyst of Regional Banks for Bloomberg Intelligence, discusses the health of US regionals. Hosted by Paul Sweeney. See omnystudio.com/listener for privacy information.

Who's the last person you'd suspect of committing fraud? Your grandmother? A good friend? Someone who always seems to be thinking about how they can help others? In this episode, Caleb and Greg discuss a case where someone checks all of those boxes.HOW TO EARN FREE CPEIn less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for the Oh My Fraud channel. Register for the course, complete a short quiz, and get your CPE certificate.Download the app:Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email support@earmarkcpe.com.CONNECT WITH THE HOSTSGreg Kyte, CPATwitter: https://twitter.com/gregkyteLinkedIn: https://www.linkedin.com/in/gregkyte/Caleb NewquistTwitter: https://twitter.com/cnewquistLinkedIn: https://www.linkedin.com/in/calebnewquist/Email us at ohmyfraud@earmarkcpe.com Sources: Viles ‘in a league of her own' after guilty verdict in $500K theft from town, prosecutor says — Kennebec JournalClaudia Viles, Even After Tax Theft Conviction, Commands Community Favor — Kennebec Journal Morning Sentinel  Property owned by Anson town clerk convicted of embezzlement to be auctioned — Mainebiz.biz Former Anson tax collector to serve five years on theft charges — Portland Press Herald Circumstances that made it easy for Viles to steal not unique to Anson — CentralMaine.comDifference between Tax Collector & Assessor — Orange County Treasurer's OfficeAbout The Florida Tax Collector — Sarasota County Tax CollectorMunicipal Tax Collectors — Connecticut's Official State WebsiteTitle 36, §1487: Collection of tax — Maine.gov Anson, Maine — WikipediaClaudia Viles, who will serve five years for embezzlement, vows to clear her name — CentralMaine.comMedian Household Income in Maine — St. Louis Fed

St. Louis Fed economist Nathan Jefferson discusses highlights from the national Beige Book summary. An overall summary of the 12 district reports is prepared by a designated Federal Reserve Bank on a rotating basis with the St. Louis Fed responsible for this edition. Also, Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, provides highlights and the latest perspectives about the Arkansas economy.

In the United States, food insecurity is unevenly distributed. Recent data suggests that white households have nearly a third to one half the food insecurity rate of Black and Hispanic households. While research on the reasons for food insecurity typically focuses on income, a body of research suggests that wealth could be an important factor in food security. According to today's guest, Conner Bailey, professor emeritus of Rural Sociology at Auburn University: "Land is one of the major sources of wealth controlled by Black families in the South, and much of this land continues to be owned as heirs property." Thus, if we want to understand differential food and security, we need to consider that the wealth implications of heirs property. Interview Summary   Connor, recently, the topic of heirs property has attracted much attention from researchers, policymakers, and civil society. Can you briefly describe the phenomenon of heirs property and why you think it's important?   I think of heirs property as, in a phrase, "the legacy of Jim Crow." By that, what I mean is that during the Jim Crow era, imagine say 1880, you're 15 years after the end of the Civil War, and you're a Black farmer, and you've bought some land, are you going to write a will to pass that property down to your heirs? Probably not, because your access to education is pretty limited. Moreover, there are no Black lawyers because where are the Black lawyers going to come from if there's no education for Black people, right? That's the Jim Crow era. So, what's your choice? You're not going to go to the white lawyers for the courthouse gang that you simply don't trust. The whole legal system is something that Black farmers, and Black people generally, fundamentally did not trust. This is the era of lynching after all, when people would be pulled from their homes, and in front of the law, nobody would be able to say who perpetrated these crimes. It was a difficult time for African-Americans, for Black people, for Black farmers generally. They wouldn't write wills because they didn't trust the legal system. What we end up with is that family that bought land in 1880, and they pass on, and the next generation, and the next generation, they're still not writing wills. We know that many people don't have wills. I don't know, Norbert, if you have a will. I don't need to know, but the fact is, many people, white and Black alike, and Hispanic and others, in this country don't have wills. But when they die, they're able to sort things out before it passes on to the next generation and becomes increasingly complex and confused and tangled. That's not true in the case of African-Americans and some other politically marginalized populations, white people in Appalachia, Hispanics, Native Americans, Hawaiians. heirs property is not just a Black phenomenon in the South, though that's where my research and most research on heirs property has been.   What we end up with in the case of the Black South, heirs property is something that is multi-generational. It's not simply dying without a will intestacy, but it's the dying without a will over multiple generations so that you end up with maybe 200 people who own a house or a piece of property, farm, or some forest land. How do you make decisions in a situation like that on maintaining a house, or improving the farmland, or planting trees, or whatever it is you're going to do with that property? How are you going to go to a bank and say, "I want a mortgage"? They're going to say, "Well, how do we know who's got the rights to sign on a mortgage?" As a result, there's no access to commercial credit. Until very recently, and we can come back to this later, Black farmers had no access to government credit programs through the US Department of Agriculture. They could not get credit loans. If you were in the Lower Ninth Ward of New Orleans and you were wiped out by hurricane Katrina, you had no access to FEMA support because you did not have clear title. Heirs property is a form legally called Tenancy in Common. That means you don't have clear title. Nobody has clear title. Everybody owns a share of the property as a whole. Now, one of the reasons it's important is it's not a small phenomenon.   Today, based on research that I've done with my colleague Ryan Thompson at Auburn University, there are in the 11 states of Appalachia and the South, 5.4 million acres of heirs property worth something like $43 billion. That's after enormous amounts of land have been lost through predatory actions. Legal but predatory partition sales, tax sales, and the like. Heirs property is a source of vulnerability. People have lost property in large areas. That whole stretch of coast of the South Atlantic, from Myrtle Beach down to Jacksonville, Florida, all that resort land, that was Black-owned land until after World War II. In the 1950s, once malaria was controlled in that area, bridges were built to the Sea Islands, developers followed, and properties were basically stolen through legal means, through something called a partition sale. Now you've got this enormous resorts being built there, much money being made, but these people who have lived there for generations have been dispossessed.   So, why is it important? It's for all these reasons, for these moral reasons, for the impact of the fact that you've still got millions of acres that's tied up in heirs property that people can't develop and utilize effectively for farming or forestry, or even for their own homes. It's one of the main reasons of wealth disparities, as you mentioned at the outset, Norbert. That the wealth disparities between white and Black are enormous. The St. Louis Fed just last month put out a study that showed that for every dollar of wealth that white Americans own, Black Americans own 24%. Black Americans own very much less wealth. Heirs property is one of the reasons. It's not the only reason, but it's one of the reasons, because lands have been stolen, lands have been lost, and those lands that still remain in heirs property, five-plus million acres just in the south of Appalachia, are underdeveloped, underutilized, and under-preserved.   Thank you for that. Connor, I want to ask you a question about trust. It's in the paper, and you mentioned it earlier, this idea of African-American, Black households, Black individuals not trusting the legal system. The reason I want to push on this is one could argue that trust could be because you may not know any better or you don't have enough information. We don't trust strangers because we just don't know what they could do. I'm wondering if another way of looking at this, something I've learned from people who do work on bioethics, Wylin Wilson here at Duke and others have talked about this, about the systems being untrustworthy. It's not that people aren't aware or can't navigate, but rather that the system or the institutions have proven not to do right by individuals. How does that characterization sit with the work that you've been doing?   Well, as I've been working on heirs property, as I have for 15, 16 years now, this phrase, "Black farmers, property owners generally did not trust the legal establishment, didn't trust lawyers, the courthouse gang," that's an easy statement to make. But as I started looking at the literature on heirs property, there wasn't a lot of background to that. I spent several months reading a bunch of older literature, W.E.B. DuBois, Arthur Raper, and others who were documenting what it meant to be Black in the rural south in the early decades of the 20th century. It's very clear to me that Black property owners and Black residents of that region as a whole had very good reasons not to trust the legal system. It was used against them in many cases. People simply avoided going to the courthouse whenever possible.   Now, this is an important point, and so thank you for exploring that with me. I've got to ask, I know you were at Auburn University and you're now retired. What led you to study heirs property and unearth its importance? Why are you still doing this work?   The second question is very easy to answer but also very important. There is a moral quality to the research that is done on heirs property. The work that I'm doing - and others, and I'm not the only one - the work that we are doing has a moral quality to it. We're trying to identify problems and redress wrongs. That's what gets me up in the morning. I mean, I'm seven, eight years, seven and a half years out from retirement. but I'm still publishing on this topic because it's important. Now, how did I come to realizing that? From a very good graduate student of mine named Janice Dyer, who was working in West Alabama on a different project, having nothing to do directly, we thought, at the time, on heirs property. The project was really on small scale wood harvesting and processing so that people could build homes using wood that's on the land that they owned. Janice came back after spending some time out in the field and said, "Hey, there's this thing, heirs property. People don't have clear title to their land." I said, "Oh, okay." I read a little bit about that, but she said, "No, no, this is a really important thing. Pay attention." Okay, Janice, I'm going to pay attention. And you know, here I am 16 years later. I'm still paying attention. One of the reasons professors get better at their jobs, and Norbert, you should appreciate this, is that we work with really bright students over time, and we gain so much from working with these students and undergraduates as well. So, I came to this because a graduate student pulled me into it and said, "Pay attention. This is important."   Thank you for that. I do agree there is something critical about engaging students to understand that topic. I want to actually take that a step further and because I know of some of the other work that you've done, how have you engaged communities in this work? Obviously, this is not an ivory tower kind of issue. This is something that affects the livelihoods of everyday people. How and in what ways are you engaging that community of folks?   I work with people in civil society organizations like the Center for Heirs Property Preservation in Charleston, South Carolina, created by a woman named Jenny Stephens back in the early, I think, 2004 or 2005, and other organizations that represent people who own heirs property. I've been working with people in the legal community through the Uniform Law Commission and all kinds of other groups. It's simply a matter of understanding that what we can do in the ivory tower is important because we can document the extent of heirs property, for example. That doesn't take working with communities, but we need to be working with people in communities affected by heirs property so that we understand the real significance of it and to keep the moral energies flowing. So, for example, my co-author on a couple of recent papers, Ryan Thomson at Auburn, he did his doctoral dissertation with the Gullah Geechee in South Carolina, which is near where Jenny Stephens in the Center for Heirs Property Preservation is located. Ryan worked actually far more closely with people who were heirs property owners and organized around that issue than I have done. But it's really important to understand from the people who are living the life of heirs property owners and who are facing the struggles to understand what are the issues so that as researchers, we can try to address those issues and try to come up with policy recommendations that might be helpful.   Thank you. One of your recent publications titled, "Heirs Property, Critical Race Theory, and Reparations," recently won the annual Rural Sociological Society's Best Paper of the Year award. First, congratulations, but secondly, can you explain your approach and your findings.   As I was saying earlier, I was looking at the question of trust, the trust of Black property owners and Black residents of the South to the legal system. As I was reading that literature, the idea of critical race theory simply emerged into my consciousness. I did not start off my reading saying, "Okay, I'm going to go look for evidence that's going to show critical race theory." Rather, it kind of emerged because critical race theory talks about the longstanding, deep institutional patterns of discrimination that are built into our legal system, our cultural system, our educational systems. They are so deeply ingrained that we often don't even recognize them, or we consciously, sometimes, ignore them. But there are discriminations built deeply into our systems sometimes that we don't recognize. What heirs property represents, as I said at the very outset, the legacy of Jim Crow. The legacy of Jim Crow is all these institutional limitations placed on Blacks in terms of access to education, legal services, and commercial loans, insurance for their properties, redlining in cities of where you could get government assistance or not. All these things are built in and are deeply embedded. Even though we have removed many of the outward mechanisms and trappings of racial discrimination, these patterns are still there. To speak of heirs property in terms of critical race theory simply made sense. It emerged the realization in my mind that this phenomenon of heirs property is rooted in these institutional relationships. It sort of hit me between the eyes with a two-by-four. It was like, wow, this is a perfect use of a theory to help explain a phenomenon. That's what academics, we should be pretty good at that, but that's what I've basically done. I don't think of myself as a theoretician, but the theories help us understand here are the key variables, the key phenomenon that we need to focus on if we're going to understand that particular phenomenon.   The question of reparations, which is the last term in that title, refers specifically to the Gullah Geechee, and I was talking about earlier, about that stretch of land. It's now billion dollar resorts. It's unrealistic to think that anybody's going to come and take that land away from Hilton and Sheraton, and all these major corporations, and give it back to the Gullah Geechee. That's just not realistic. But what if we charged a 1% lodging tax? There are already people coming and using those resorts who are already paying six and 7% on top of their bill for police and fire protection and things for the local counties and municipalities. What if we added 1% and gave that to the Gullah Geechee? There's a couple of entities, and I believe to others to make that decision. Who? But there's the Gullah Geechee Nation, and there's also a federally mandated Gullah Geechee Cultural Heritage Corridor. It's a 501 organization. Monies from that could be utilized to support the Gullah Geechee in clearing title for their remaining heirs property or for buying new properties to replace those that have been stolen, legally, but still stolen. So, to support the subsistence fishing and farming activities that have supported the Gullah Geechee for many, many generations, stating back to the post-Civil War era.   Thank you for that. This is going to really move us into this last question that's connecting this idea of, and I appreciate how you talked about how theory can help us as researchers do the work that we do, but then there are implications of that theory to actual policy and the lived experiences of folks. My question is, how has the research that you and others have done on heirs property affected policy at the local state or even federal levels?   As I said, there's a large number of researchers and others working on heirs property. I want to give a shout out to a couple of organizations that have been really critically important. The Southern Rural Development Center based at Mississippi State has become a really important convener of a lot of us working in this heirs property space. We have regular monthly Zoom calls. We have subcommittees on research, on policy, and on education and extension that meet regularly. There's a policy center at Alcorn State University that has become very important in helping organize and support research on heirs property. There's the Federal Reserve Bank of Atlanta that has also served as a convener and bringing people together. So, we've got individuals. We've also got some really important institutional actors that are providing continuity for those of us who are wanting to find a mechanism to interact, but they're providing that mechanism. There's a lot of people working on the question of heirs properties becoming increasingly visible not only in the research space but also among policy makers. For example, in the 2018 Farm Bill, there was wording introduced and passed in the 2018 Farm Bill, that allowed heirs property owners who were farming land to gain access to what's called a farm number through the Farm Service Agency. The farm number is critical, because if you have a farm number, you can now get a loan from USDA. Before that, heirs property owners could not. Basically, farmers operating heirs property now for the first time have access to credit through the USDA. That's a very important step forward. It actually came from a South Carolina Republican Senator Scott, and an Alabama Democrat Doug Jones, who worked up the wording on this, and it got later placed into the Farm Bill.   The other thing that's happened is that FEMA, I mentioned Katrina earlier, FEMA has revised their policies so that now, if you can prove you've lived in that home, you've lived on that property, you've paid property taxes, you've got maybe home insurance or whatever, if your property is damaged, destroyed in a natural disaster, a storm, FEMA will now help you. But 10 years ago, that was not the case. This happened only in the last couple of years. The point is, people have started to pay attention to heirs property. I've got to say people working in the media like Politico and The Atlantic and the New York Times, and The Washington Post, they've picked up on this. They've called researchers. They've called people like me and colleague Ryan, and they've gotten the facts from us, and they've developed it. They've gone and interviewed people, and they've developed the stories. And the media has also drawn a lot of attention to the issues associated with heirs property. It's been kind of a full-court press. We've all been moving forward on this.     Bio   Conner Bailey is an emeritus professor of the Department of Agricultural and Rural Sociology in the College of Agriculture at Auburn University. He holds a Ph.D. in development sociology from Cornell University. His research has focused on the problems of persistent poverty associated with resource dependence, the emergency of grassroots environmental movement surrounding issues of environmental and natural resource management, issues of environmental justice, and the human dimensions of fisheries and coastal resource systems. Bailey has been working on the issues of heirs property for more than 20 years. His publication "Heirs Property, Critical Race Theory, and Reparations," recently won the annual Rural Sociological Society's Best Paper of the Year award.

Steve Matthews, US Economy Reporter for Bloomberg News, joins to talk about inflation data, including today's UMich survey, earnings season's market impact, the Fed, and James Bullard leaving the St. Louis Fed. Alison Williams, Senior Global Banks and Asset Managers Analyst with Bloomberg Intelligence, joins to break down bank earnings. Janet Lorin, higher ed finance reporter with Bloomberg News, joins to talk about President Biden's today to forgive more student loans. Aoifinn Devitt, CIO at Moneta, joins the program to break down inflation data from this week and discusses markets and investing. Dr. Luisa Moreno, President of Defense Metals Corp., discusses the significance of China banning rate earth exports and how it affects the US and production around the globe. Tiger Tyagarajan, CEO of Genpact (NYSE: G), discusses his company and AI's emergence in the market and company strategy. He can also speak to the business environment in a key emerging market: India. Hosted by Jess Menton and Simone Foxman.See omnystudio.com/listener for privacy information.

 Join Mike Elam as he covers for Annie Frey today. First, Missouri Secretary of State, Jay Ashcroft, shares insights into his campaign for governor and discusses key issues facing the state, including education, crime, connectivity, and the impact of ESG on investments. Secretary Ashcroft also emphasizes the need for a change in federal leadership. Then, in a conversation with Luann Cundiff, President of First State Bank of St. Charles, they explore the departure of the St. Louis Fed Chief, the process of replacing the position, and the challenges of the housing market and low inventory. Luann sheds light on the role of community banks and their relationship with the Federal Reserve. Finally, stay updated on the writer and actor strike, with information on the latest developments, demands, negotiations, and the impact on the entertainment industry.

Averages extended recent strength, closing positive each day this week. BD8's Barbara Doran breaks down the market action while our Steve Liesman on the impact of James Bullard stepping down from the St. Louis Fed next month. Goldman Sachs analyst Richard Ramsden in a rare media appearance gives his bank stock playbook. SoFi CEO Anthony Noto talks student loans and its soaring stock price. Priceline CEO Brett Keller on travel trends during this red-hot summer. PitchBook Senior VC analyst Kyle Stanford gives his outlook on the second half for the VC world. Our Courtney Reagan on the stock impact of the coming Barbie movie. 

This is a narration of our weekly Rent and Operating Trends Report.The Personal Consumption Expenditures Index (PCE) increased unexpectedly last month, which has given economists doubt that the Fed is finished with their current monetary tightening campaign. James Bullard, President of the St. Louis Fed, mentioned last week that he sees the need for two additional interest rate hikes to slow down inflation. On the other hand, Neel Kashkari, President of the Minneapolis Fed indicated that the FOMC should pause its rate hikes in June but cautions that a pause may not mean a complete end to the current tightening cycle. There are still three weeks until the Fed's next meeting, and the economic climate may shift, however, there is growing belief that interest rates could still go higher. I was firmly in the camp that rates would remain unchanged for the rest of this year, but in the wake of the last PCE report, I believe there will be at least one more rate hike at some point in 2023Explore our Research webpage for more insights and resources: https://bit.ly/RadixResearch

► NEWS: Fidelity and Bank of America buy $85 million + in MicroStrategy shares TL;DR: INSTITUTIONS ARE HERE FR FR ► CULTURE: ... St. Louis Fed drops Austrian economics based article about saving for future... don't mention bitcoin so we did. Enjoy :). ✔Simply Bitcoin in Written Form: http://simplybitcoin.news/ ✔Check out our Sponsors, support Bitcoin ONLY Businesses: ✔ Blockstream: ► https://store.blockstream.com/product/blockstream-jade-hardware-wallet/ ► Blockstream Jade an open-source hardware wallet for the cold storage of bitcoin and bitcoin layer-2 assets on Liquid. Manage your assets from mobile or desktop with jade-compatible wallets. ✔ @TheBitcoinConf ► https://bm.b.tc/simply ► The largest Bitcoin conference in the world! In Miami Beach Florida on May 18-20th 2023. Use code SIMPLY for 10% off your tickets! ✔ Citadel21: ► https://www.citadel21.com ► A Bitcoin cultural zine. Bitcoin culture is rich and varied. It contains a multitude of voices, opinions and flavors. Only 1000 of each volume are made. ✔ BitPlates: ► https://bitplates.com ►Raising the standard of Bitcoin wallet backup devices | BitPLATES® BitPLATES® Domino® metal storage plates provide industrial-grade and marine-grade protection for your Bitcoin wallet backup words. ✔ kaboomracks : ► kaboomracks.com ► The best place to buy Bitcoin miners. Start your mining utopia today. Checkout their racks at https://t.me/kaboomracks ✔ NODL : ► https://www.nodl.eu ►Running Bitcoin, just like in Hal Finney's legendary tweet. Use all the Lightning features thanks to your always on device. Easy to Use, Everyone can run a NODL. Privacy focused. ✔ Represent Clothing: ► https://www.representltd.com ► Check out Represent LTD's  full clothing line including collabs, originals & collections. Super comfortable, great fit and Style, there is something for everyone: hoodies, tees, tanks, jackets and more! It's your life...represent accordingly. ► USE PROMO CODE SIMPLY-BITCOIN FOR 10% OFF ANYTHING IN THE REPRESENT CLOTHING STORE! ✔ Swan: ► https://www.swanbitcoin.com ► Swan is the best way to build your Bitcoin stack, with automated Bitcoin savings plans and instant purchases. Serving clients of any size, from $10 to $10M+ ✔ Join our Telegram, Give us Memes to Review! ► https://t.me/TheSimplyBitcoinChannel ✔ Follow Us! ► https://twitter.com/SimplyBitcoinTV ► https://twitter.com/BITVOLT7 ► https://twitter.com/@My_Livin_Truth ► We are a proud supporter of Bitcoin only businesses. ⚡️ simplybitcoin@getalby.com DISCLAIMER: All views in this episode are our own and DO NOT reflect the views of any of our guests or sponsors.

As time and technology changes, so does the way we interact with markets. Paul finds an article called “Growth of index investing is no threat to market efficiency, study says” and wants to explain to investors what index investing is, what an efficient market is, and why index investing is foundational to investing principles. Later in the episode, Paul shares a timely comment about inflation from the St. Louis FED chair. Get a copy of our new book, Confident Financial Planning, at paulwinkler.com/book.

S&P Futures are flat to lower this morning ahead of several data releases that could provide additional clarity as to the health of the economy. Early this afternoon, St. Louis Fed bank president James Bullard is scheduled to speak, Bullard has a history of making comments that creates volatility in the markets. The FTC, DOJ, and House committees are focused on the anticompetitive behavior of big tech. European markets are positive due to corporate earnings reports and oil futures have reversed direction and are not higher on the day.

S&P Futures have turned higher after showing some early morning weakness. It's a key day for employment data with 2 jobs reports due out before the market opens. Later today, James Bullard of the St. Louis Fed is due to speak. Historically, Bullard's speeches are market-moving as he typically breaks from the majority with highly negative comments on the economy.

Bloomberg News anchor Kathleen Hays sits down with St. Louis Federal Reserve director of research Carlos Garriga and Homer Jones winner Eswar Prasad in St. Louis. Hosted by Kathleen Hays.See omnystudio.com/listener for privacy information.

St. Louis Fed President James Bullard says, with labor growth as strong as it's been, it's unlikely we've been in a recession–and we might have brighter economic days to come. In an extended interview, voting FOMC member Bullard discusses America's path out of inflation, GDP growth in the second half of the year, and geopolitical and global health impacts on our economy. CNBC's Beijing Bureau Chief Eunice Yoon reports on China's response to House Speaker Nancy Pelosi's contentious trip to Taiwan. Plus, Instagram's head is making a big move, and ready to meet your match in the metaverse? Match.com says, not yet.  In this episode:Joe Kernen, @JoeSquawkAndrew Ross Sorkin, @AndrewrsorkinKatie Kramer, @Kramer_Katie

James Bullard, St. Louis Fed chief, says the yield curve is twisted by the inflation surge, and may not be a recession message. Indeed, markets are twisting it because they have confidence the central bank will get control of consumer prices.----EP. 267 REFERENCES----Derby's Take: Fed's Bullard Says Yield-Curve Signal Might Not Be So Ominous: https://on.wsj.com/3PNKFAcRealClear Markets Essays: https://bit.ly/38tL5a7Epoch Times Columns: https://bit.ly/39ESkRf-------THE EPISODES-------YouTube: https://bit.ly/310yisLVurbl: https://bit.ly/3rq4dPnApple: https://apple.co/3czMcWNDeezer: https://bit.ly/3ndoVPEiHeart: https://ihr.fm/31jq7cITuneIn: http://tun.in/pjT2ZCastro: https://bit.ly/30DMYzaGoogle: https://bit.ly/3e2Z48MSpotify: https://spoti.fi/3arP8mYPandora: https://pdora.co/2GQL3QgCastbox: https://bit.ly/3fJR5xQPodvine: https://bit.ly/3lt5NiHPodbean: https://bit.ly/2QpaDghStitcher: https://bit.ly/2C1M1GBPlayerFM: https://bit.ly/3piLtjVPodchaser: https://bit.ly/3oFCrwNPocketCast: https://pca.st/encarkdtSoundCloud: https://bit.ly/3l0yFfKListenNotes: https://bit.ly/38xY7pbAmazonMusic: https://amzn.to/2UpEk2PPodcastAddict: https://bit.ly/2V39XjrPodcastRepublic: https://bit.ly/3LH8JlV---------THE TEAM---------Jeff Snider, Emperor Eurodollar. Emil Kalinowski, Ceremony Master. David Parkins, Illustrator Deus. Audio and video editor, Terence. Episode intro/outro music is "Beverly Hills Cop 2022" by Lazer Boomerang.------FIND THE TEAM-------Jeff: https://twitter.com/JeffSnider_AIPJeff: https://www.eurodollar.university/Emil: https://twitter.com/EmilKalinowskiEmil: https://www.EuroDollarEnterprises.comDavid: https://DavidParkins.com/Terence: https://www.VisualFocusMedia.comLazer Boomerang: https://www.youtube.com/channel/UCPnl9BuBDKx8_uQ2xNy-djg"Beverly Hills Cop 2022": https://www.youtube.com/shorts/fqK908oE208-------DISCLOSURES--------Jeffrey Snider (The Promoter) is acting as a promoter for an investment advisory firm, Atlas Financial Advisors, Inc. (AFA). Jeffrey Snider is affiliated with AFA as a promoter only and is not in any way giving investment advice or recommendations on behalf of AFA. The Promoter is being compensated by a fee arrangement: The Promoter will receive compensation on a quarterly basis, based on the increase in account openings that can be reasonably attributed to the Promoter's activity. The Promoter will not be receiving a portion of any advisory fees. The Promoter has an incentive to recommend the Adviser because the Promoter is being compensated. The opinions expressed on this site and in these videos are those solely of Jeffrey Snider and Eurodollar University and do not represent those of AFA.Emil Kalinowski is acting as three-ring circus ring master, he can neither confirm nor deny the presence of nuclear weapons on this show. Mister Kalinowski is neither employed by AFA nor does he receive any compensation from AFA -- not even the expensive gift basket comes with those fancy nuts. Señor Kalinowski does not offer investment advice. Nevertheless should you torture a statement by him into taking on the form of advice, or perhaps the shape of a suggestion -- let's even say a contortion resembling a hint -- AND then act on monsieur Kalinowski's 'recommendations'?  Well, YOU WILL LOSE MONEY. Even if you do the opposite of signore Kalinowski's 'advice' you will ALSO lose money - it is some kind of a paradox (both the National Aeronautics and Space Administration and Securities and Exchange Commission are investigating). Induna Kalinowski's only guidance is that you do not listen to him for any purpose other than deep, rapid eye movement sleep.

On today's episode, we have another addition of our Oral History of Sports Podcast. Today, we break down the long and illustrious history of the NBA Summer League. From it's origins in 2002, to the NBA's embracing of Las Vegas in 2007, it's addition to NBA2K, and "The Summer of Blake Griffin". We discuss how it used to be just 3,000 people in an NBA-style college stadium, then became a profitable endeavor. We discuss every game being put on TV in 2013, and the Championship-Style tournament that allows the Sacramento Kings to win something every 4 years. Finally, we discuss the magical Lakers and Blazers domination of Summer league when I was a kid, to Brandon Clarke's run in 2019, to Carsen Edwards and Payton Pritchard bringing out the arrogant Boston sports fans. We also have a full segment on how Dodger Stadium concession workers may strike MLB All-Star Game - Los Angeles Times, and the state of unions, median wage, and the diminishing middle class in the United States since 1990. Data from this story is courtesy of| FRED | St. Louis Fed (stlouisfed.org) and Inflation rates in the United States (worlddata.info) Subscribe to our new Podcast series. The Fall of the Spurs Dynasty on Apple Podcasts. Episode 1 and 2 are out now, and Episode 3 will release on Wednesday, July 13th. Part 1: The Greatest Dynasty in North American Pro Sports – The Fall of the Spurs Dynasty Part 2: Gregg Popovich – The Fall of the Spurs Dynasty | Podcast on Spotify CKSAML Productions This show is presented by BetOnline Sportsbook. Use Code “BLEAV” for a 50% bonus on your initial deposit

It seems the economy at the moment is in turmoil. We're seeing Bitcoin under 20,000. The markets are down. The Dow Jones has reached 30,000, S&P was around 3600. On top of this volatility, there's a housing boom happening all around us. In today's episode of https://therealdarius.com/the-greatness-machine-series/ (The Greatness Machine,) Darius goes solo to offer some insights on housing based on his past experience running one of the largest servicers and lenders in the United States. That business managed hundreds of billions of dollars of mortgages, and Darius uses that experience to offer his thoughts on the current boom. In this episode you'll discover: - Straight talk to cut through the media speculation. - New information recently made available around the monthly supply of new houses in the US. - Why we're really looking at a "very short term demand shock" that will require some normalization before the market stabilizes. Join Darius for this eye-opening discussion into the housing market and benefit from his insights and tips! Enjoy! What You'll Learn in this Show: Why we need to focus more on hard facts than on media speculation.  Data on the monthly supply of new houses in the US provided by the St. Louis Fed. The "very short term demand shock" that is causing much of the volatility we're seeing in the market. And so much more... This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy Learn more about your ad choices. Visit megaphone.fm/adchoices

The SEC is going after Binance over the BNB token ICO. The St Louis Fed is using bitcoin as their unit of account when pricing certain goods. Octagon Networks becomes first cybersecurity company to convert entire balance sheet to bitcoin. SEC ripple xrp hearing tomorrow. Senator Lummis crypto bill will be released tomorrow.Sponsor