Matt Elson
๐ค SpeakerAppearances Over Time
Podcast Appearances
Today's number, 170.
That's the five-year percentage increase in Google searches for the phrase, how to looks max.
However, new geolocation data shows that the number was skewed by a large volume of searches from number one observatory circle, also known as the vice president's house.
I'm Matt Elson.
It is May 6th.
Let's check in on yesterday's market vitals.
The major indices rose and the S&P 500 hit a fresh high after the U.S.
said Iran had not broken the ceasefire.
Despite Monday's direct hostilities, Brent crude fell as fears that the war would reignite eased.
Treasury yields fell and finally Samsung stock rose 5% while Intel stock jumped 13% to an all-time high.
Those rallies came on reports that Apple might enlist the companies to build chips for its devices in the U.S.
Okay, what else is happening?
Goldman Sachs just uncovered a concerning fact about America.
In a survey, roughly 40% of households earning more than half a million dollars a year say they are living paycheck to paycheck.
That is a higher share than households making between $50,000 and $100,000 a year.
36% of those households say the same.
Now, there is a debate about what this stat actually means, which we will get into, but it does raise a very important question, which is, how much money do you actually need to feel economically secure?
So, to dig into this question, we're going to do something a little different today.
We're not going to focus on the news per se, but we are going to focus on this survey today.
And we're going to speak with two really excellent guests to break this down.