Recession Red Flags, Home Sales Slow & Treasuries Pop

<p>Your favorite bank CEO, Brian Moynihan is back at it again with a full on contradiction from just a year ago. Chris, Saied and Haroon waste no time calling him to the carpet. Not to be outdone, Peter Schiff pointed out that Bank of America has unrealized losses of approximately $47.8 billion dollars. The boys get in to home sales data which indicate that 2023 may be the slowest year since The Great Recession. Not helping things is the 10-year treasury which just moved above 5.00% for the first time since 2007. All the recession red flags are waving and The Higher Standard podcast is here to give you the raw, unfiltered truth.</p><p><strong>Sponsored By Transcend Company:</strong></p><p>TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Hormone Replacement Therapy, Cognitive Function, Sleep &amp; Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you. Click the link and start today: <a href="https://www.transcendcompany.com/THSP" rel="noopener noreferrer" target="_blank">http://www.transcendcompany.com/THSP</a></p><p><strong>Resources:</strong></p><p><a href="https://www.cnbc.com/2023/10/19/big-banks-cut-thousands-of-jobs-more-layoffs-coming.html" rel="noopener noreferrer" target="_blank">Big banks are quietly cutting thousands of employees, and more layoffs are coming</a>&nbsp;(CNBC)</p><p><a href="https://fortune.com/2023/10/18/bank-of-america-brian-moynihan-consumers-beginning-slow-spending/" rel="noopener noreferrer" target="_blank">Bank of America warned consumers they would be pushed to the ‘point of pain’—and CEO Brian Moynihan says we’ve now reached that point</a>&nbsp;(Fortune)</p><p><a href="https://www.instagram.com/p/CylHPtMAHN9/?igshid=MzRlODBiNWFlZA%3D%3D" rel="noopener noreferrer" target="_blank">BoA lost $47.8 Billion</a>&nbsp;(Peter Schiff via Instagram)</p><p><a href="https://www.wsj.com/economy/housing/home-sales-on-track-for-slowest-year-since-hous