Stephanie Link

speaker

1,013 appearances 1 recordings 1 series first heard Jul 2026 last heard 6 Jul

Stephanie Link’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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They have interest in homes, so their home prices have appreciated, so they have the wealth of effect, and they also own stocks.

And the market, the S&P 500 over the last three years, on average is up 18%.

By the way, that's not normal.

Normal is about 7%.

7% to 10%, right?

Yeah.

So if you think about it, it's the high end that is spending, but it usually is the case.

I hate to say it.

I want everyone to be spending.

I want everyone to feel good.

But that's not normally what happens.

I don't think the middle end consumer is feeling as badly as the lower end.

And the lower end, unfortunately, they are the ones that feel the brunt of inflation.

Now, I will say on inflation, just because we should go there for half a minute, it peaked at 9% in 2022, right?

That was COVID.

And all of our listeners bought I-bonds then.

Right.

Right, right.

I got a question on that, too.

And so we peaked at nine.

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