Home Team | PBD Podcast | Ep. 201

PBD Podcast

Business

4.6 • 3K Ratings

🗓️ 5 November 2022

⏱️ 129 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode, Patrick Bet-David is joined by Tom Ellsworth, Vincent Oshana & Adam Sosnick, to discuss interest rates for 30 year mortgages, Nacy Pelosi's husband, the job market and much more...

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Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal bestseller Your Next Five Moves (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.

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Transcript

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0:00.0	That is wild anyway episode number 201
0:03.0	Vinny just taught us something that's going on with vietam and
0:06.7	Instagram because maybe we'll ask you guys for you to test it at as well
0:09.4	got a lot of things to talk about yesterday our commander-in-chief of the world president
0:14.2	Joe Biden gave a speech 26 minutes I don't know if you guys had a chance to watch it I watched
0:19.6	it last night we'll talk about that.
0:22.5	Hikes Fed approves another three quarters of a basis point, which takes it high since 2008, and
0:31.0	hints a change in policy ahead. We looked at mortgage rates.
0:36.3	Folks, you're going to be surprised with the average person, let's just say the average
0:39.2	person, what is the average person's FICA score?
0:41.2	Give me a number for FICA score.
0:42.6	720 thing is average?
0:46.4	That's like that's about.
0:47.8	Okay.
0:48.8	So let's just say 700, 680, fine.
0:52.0	If somebody's got a 650 FICA score,
0:54.2	you're gonna be surprised
0:54.9	by what the interest rate's gonna be.
0:56.0	We'll look at the breakdown,
0:57.4	Tom pulled it up this morning.
0:59.4	We'll talk about nearly 40% of small businesses
1:02.2	in the US fail to pay rent in October.
	...

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