This week Brian and Ryan talk more about "back to school," and the impacts of inflation on school materials and spending by families. They also cover the Conference Board's Leading Economic Index, or "LEI," and how it is clearly declaring that a recession is on the way.
They finish up with a discussion on streaming services and their increases in cost (is it actually cheaper than cable?), and on money lessons for Brian's kids.
CNBC: Back to School Inflation https://www.cnbc.com/2023/08/04/back-to-school-shopping-prices-rise-for-backpacks-notepads-pens.html
National Retail Federation Back to School Spending: https://nrf.com/insights/holiday-and-seasonal-trends/back-to-school
WSJ Streamflation: https://www.wsj.com/articles/disney-max-hulu-netflix-streaming-price-2c3bac2a
Conference Board LEI: https://www.conference-board.org/topics/us-leading-indicators
Bespoke Investment Group S&P 500 Returns over time: https://twitter.com/bespokeinvest/status/1693642124820914528?s=20
Tracking ID 471318-1