Wintrust Business Lunch 4/18/24: Inflation v. recession, rate buydowns, chip production

Segment 1: Jon Cordell, Director of Development Management and Operations, Central Region at Lendlease, tells John about the challenge of searching for a new home hom when interest rates are high and the creative financing solutions available for local buyers. Segment 2: Bree Fowler, runner and Senior Writer, CNET, joins John to talk about the Biden administration reaching […]

Segment 1: Jon Cordell, Director of Development Management and Operations, Central Region at Lendlease, tells John about the challenge of searching for a new home hom when interest rates are high and the creative financing solutions available for local buyers.

Segment 2: Bree Fowler, runner and Senior Writer, CNET, joins John to talk about the Biden administration reaching a deal to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips, Tesla asking shareholders to restore a $56 billion pay package for CEO Elon Musk, and London police announcing today that they disrupted a website that allowed fraudsters to trick up to 70,000 British victims into revealing personal information such as bank account details and passwords.

Segment 3:  Michael Miller, Economics Professor, Western Washington University and Professor Emeritus at DePaul University, chats with John about a new economic study that showed periods of high inflation undermine real earnings more than your average recession.

https://serve.castfire.com/audio/4652416/4652416_2024-04-18-190816.128.mp3

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