In this episode of The Higher Standard, Chris and Saied take the stage as a dynamic duo, flying solo without their third musketeer, Haroon, who’s off on PTO (probably in a pickleball tournament or hiding from the Fed). With no one to keep them in check, the two dive headfirst into a whirlwind of financial insights, market predictions, and why the MAG 7 tech giants are carrying the S&P 500 on their backs like Atlas — except Tesla, whose latest earnings had investors buzzing despite mixed results. It’s a "two wise men" operation this week, and things get as real as inflation at a gas pump on payday.

➡️ Chris and Saied break down the love-hate relationship between the markets and the Fed — one’s bullish, the other’s just a buzzkill. They riff on whether inflation is here to stay, question if we’re headed for stagflation, and poke fun at economists trying to predict a recession like it’s the weather. Along the way, they tackle rising insurance premiums, paycheck-to-paycheck living, and the surreal cost of burritos ($46 for breakfast?!). With humor, hard-hitting insights, and a few Monopoly references thrown in for good measure, this episode is a wild ride through the tangled mess of today’s economy.

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🔗 Resources:

Financial insecurity and cost of living (Business Insider)

Tweet on inflation and financial markets (Kobeissi Letter via X)

Tweet on housing affordability crisis (Kobeissi Letter via X)

Tweet on MAG 7 stocks and market concentration (Kobeissi Letter via X)

Tesla's Q3 Earnings Report (Yahoo Finance)

Existing Home Sales Fall To 14 Year Low (Yahoo Finance via Instagram)

Here’s when prices might ease, per Fed’s Daly (MarketWatch)

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