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🧠The Weekly Scoop
Explaining every trend affecting your job, home, and investments
Augustus Christensen & Scoops Team
April 19, 2024
Hey friend - I hope you had a great week. I had the pleasure of being a guest speaker at Columbia University’s Masters School last night. I’ll share some photos soon.
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Here’s what you need to know this week.…
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The shift in the narrative was very clear this week. It was all about interest rates. Last week’s jobs report showing low unemployment and plenty of new jobs combined with this week’s retail sales report showing Americans still spending despite the higher price tags got Wall Street thinking the economy is firing again. That, combined with a third straight month of high inflation reports, has everyone worried that the trajectory has changed.
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