Hello! Welcome to the bad vibe economic episode of Sleep Money. Your guide to the business

and finance news of the week. I'm Felix Amon of Axios. My colleague Emily Peck is also here.

Hello, hello. We're joined by Elizabeth Spires. Hello.

We're going to talk about bad vibes this week. We're going to talk about the bad vibes from

the inflation report that came out on Friday. We're going to talk about the bad vibes

of gas prices. We're going to talk about recession, whether it's here, whether it's coming.

We're going to talk about Larry Ellison, owning an island in Hawaii and what that's like.

We're going to talk about financial literacy in Missouri and also in the Marcy projects in New

York. We have a sleep plus segment all about market structure and stock trading. Thank you Max

for sending in that question. We will answer that question in sleep plus. It's a fun show and

it's all coming up on sleep money. Hey everybody it's Tim Heidecker. You know me, Tim and Eric

Bridesmaids and fantastic four. I'd like to personally invite you to listen to office hours

live with me and my co-hosts DJ Doug Pound. Hello. And Vic Berger. Howdy. Every week we bring you

last fun games and lots of other surprises. It's live. We take your Zoom calls. We love having fun.

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So Emily, can we talk about vibes? Let's do it. Let's get in. So I need to come out here and

glory in being wrong. I always say if you're never wrong you're never interesting. I was completely

wrong when I came out a few months ago and said inflation has peaked that 8.5% year-on-year inflation

rate that we saw back in March. I was like that's as high as it's going to get because although

other things like housing are still going to go up the main thing which is energy prices is coming

down and so we don't need to worry about inflation ever being quite as high as 8.5% again. Well on

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