The Fed rate decision last week was something that certainly caught us all pretty off gaurd. If you remember, we were pretty much in the camp that a 25 basis point cut was going to take place last week. However, a 50bps cut really got us wondering if the economy is as strong or resilient as it seems. Because seriously, does the economy have any serious tailwinds aside from government spending & AI Optimism?

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It's that time of the year again where people are starting to call it the September slump. However, the subject this week primarily revolves around the housing market, more elaborative discussions on some policies, and of course, the fun subject of labor hoarding. We promise to talk more about the September slump when we gather next for a dram of whiskey.

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The Harris/Walz Campaign released their economic policy (among other things); but as a drinking podcast, we tried to focus on just how, if enacted, their economic plan will impact us. Starting with their tax on capital gains to, price caps, and housing subsidies, we're drinking some Vieux Carrè's to this plan. Cheers,

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