When Hollywood Strikes: Consequences on Luxury Real Estate | Weekly Business Briefs w/ Martin Perdomo
What if a SAG strike could shake up LA’s luxury real estate market? What does the US’s cooling inflation mean, and can it reach the Fed’s target rate? Let’s unpack these questions together. As we delve into the implications of the recent SAG strike, we will explore how it has forced LA’s real estate agents to reconsider their strategies, especially within the luxury housing sector. The entertainment industry plays a major role in LA’s economy, and any disruption within it can send waves through different sectors.
Switching gears, we’ll also pull apart the current state of US inflation. It seems to have cooled off, but reaching the Fed’s target rate is a daunting task that we’ll dissect. By focusing on the core inflation, we’ll attempt to understand the challenges that lie ahead in meeting the Fed’s target. And as if that was not enough, Elon Musk’s potential surgery might cause a ripple in his various executive roles and even postpone his much-anticipated cage fight with Mark Zuckerberg. From the digital duel between Musk and Zuckerberg to the launch of Metta’s new tech-based social media site, this episode promises an in-depth look into the business world. So, tune in and remember to like and subscribe for your weekly dose of business insights.
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