Will The Recession Go Deeper And Longer Or Is A Bull Run Around The Corner | Money Moves
Millionaire Mindcast
Matt Aitchison
4.8 • 721 Ratings
🗓️ 12 October 2022
⏱️ 58 minutes
🧾️ Download transcript
Summary
In this episode of Millionaire Mindcast, the dynamic duo is back. Matty A and Ryan Breedwell jump into this past week's updates on world news, real estate, and market updates. Will the recession go deeper and longer or is a bull run around the corner? This and more on today's episode. So tune in and enjoy!
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Transcript
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| 0:00.0 | This is the single data point or argument that I'm kind of making right now that I think a lot of people are not really digging into, which is we're not going to see a market crash because the MBA Mortgage Bankers Association, the mortgage credit availability and what it looks like today versus what it looked like in the boom of 2004 to |
| 0:22.6 | 2006 completely different. I know. I had this conversation. Non-stated, no-income type loans. |
| 0:29.9 | I mean, literally fog a mirror and say you make $200,000 a year and get a $500,000, a million |
| 0:35.5 | jumbo loan, no joke. How easy it was back then versus what it's |
| 0:41.5 | looked like since the great financial crisis, completely two opposite ends of the spectrum. |
| 0:46.9 | Yep. |
| 0:52.8 | What's going on, guys? |
| 0:54.1 | Welcome into Money Moves with my co-host, Mr. Ryan Bredwell. |
| 1:00.1 | This is a show where we cover all things, stocks, real estate, and personal finance to help you in your wealth-building journey. |
| 1:06.2 | You're like just cruising in. |
| 1:09.6 | You just landed. |
| 1:10.5 | Wheels down. Kansas City, Ra raiders game you was going crazy |
| 1:14.4 | about to get in fights with kids i didn't have any fight no the kids we're trying the kid was |
| 1:19.2 | raiders were talking we had a raider kids trying to talk trash to mr breedwell i was like oh my gosh man |
| 1:26.0 | handle your child hey here's what I will say |
| 1:28.2 | about you. |
| 1:28.9 | You and I actually are very good at this. |
| 1:31.1 | We like some good shit talking. |
| 1:33.6 | So I'm a profession. |
| 1:34.8 | I can, |
| 1:35.2 | I can, |
| 1:35.3 | yeah, |
... |
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