Peter Tuchman

These are just a couple things that'll be fun to watch and fun to follow to see how they play out, but shouldn't change the way someone looks at their personal plan.

I think it's because there's two different groups of people, Nicole. So I think that for the group of people that own stocks and own real estate, or they own stock in a business that they're a partner in, everything's great. There was high inflation and what else inflated? Stocks inflated, the home value inflated, your real estate inflated, your business inflated.

I think it's because there's two different groups of people, Nicole. So I think that for the group of people that own stocks and own real estate, or they own stock in a business that they're a partner in, everything's great. There was high inflation and what else inflated? Stocks inflated, the home value inflated, your real estate inflated, your business inflated.

I think it's because there's two different groups of people, Nicole. So I think that for the group of people that own stocks and own real estate, or they own stock in a business that they're a partner in, everything's great. There was high inflation and what else inflated? Stocks inflated, the home value inflated, your real estate inflated, your business inflated.

But the overwhelming majority of Americans, they don't have those things, right? They go to work, they get a paycheck and they're making $50,000 a year or whatever the amount may be. And then they've got their expenses and their expenses went up 30, 40, 50% at the grocery store and housing and taxes and everything else. But their income did not go up as much.

But the overwhelming majority of Americans, they don't have those things, right? They go to work, they get a paycheck and they're making $50,000 a year or whatever the amount may be. And then they've got their expenses and their expenses went up 30, 40, 50% at the grocery store and housing and taxes and everything else. But their income did not go up as much.

But the overwhelming majority of Americans, they don't have those things, right? They go to work, they get a paycheck and they're making $50,000 a year or whatever the amount may be. And then they've got their expenses and their expenses went up 30, 40, 50% at the grocery store and housing and taxes and everything else. But their income did not go up as much.

So we know that for sure that the income inflation for that group was less than their expenses. They are in a severe recession. So the majority of Americans... are going to the grocery store or trying to take a family trip or trying to cover the cost of their car and their property and casualty insurance. Everything is rocketed and their pay is not kept up with it.

So we know that for sure that the income inflation for that group was less than their expenses. They are in a severe recession. So the majority of Americans... are going to the grocery store or trying to take a family trip or trying to cover the cost of their car and their property and casualty insurance. Everything is rocketed and their pay is not kept up with it.

So we know that for sure that the income inflation for that group was less than their expenses. They are in a severe recession. So the majority of Americans... are going to the grocery store or trying to take a family trip or trying to cover the cost of their car and their property and casualty insurance. Everything is rocketed and their pay is not kept up with it.

They are in a recession and the rest are in great times. And that's why we have this vibe session. It's two different groups experiencing a very different economy right now.

They are in a recession and the rest are in great times. And that's why we have this vibe session. It's two different groups experiencing a very different economy right now.

They are in a recession and the rest are in great times. And that's why we have this vibe session. It's two different groups experiencing a very different economy right now.

The dream scenario is inflation is just under control and we can get wages to rise without the price of all these goods to continue to go up at the same pace. And that would solve the problem. And that's what we're really looking to see happen here. That's what we call the Goldilocks outcome. And very rarely is it not too hot or not too cold.

The dream scenario is inflation is just under control and we can get wages to rise without the price of all these goods to continue to go up at the same pace. And that would solve the problem. And that's what we're really looking to see happen here. That's what we call the Goldilocks outcome. And very rarely is it not too hot or not too cold.

The dream scenario is inflation is just under control and we can get wages to rise without the price of all these goods to continue to go up at the same pace. And that would solve the problem. And that's what we're really looking to see happen here. That's what we call the Goldilocks outcome. And very rarely is it not too hot or not too cold.

I'm sure there will be a few missteps before the Federal Reserve gets it just right.

I'm sure there will be a few missteps before the Federal Reserve gets it just right.

I'm sure there will be a few missteps before the Federal Reserve gets it just right.

It's always great to be with you, Nicole. Happy New Year.