) beginning September 9. Since taking over Chipotle in March of 2018, shares of the company are up 770%. Could he continue his track record at the coffee giant?
And we'll talk to the co founder and CEO of Kinlock Partners, plus get the names of five cities where you can buy a big home for under $325,000.I'm taking notes, maybe a steal in today's market out there somewhere, plus the cost of not taking your paid time off that PTO. Well, that shouldn't be too surprising, because again, it's widely known right now that inflation is falling, and two is that the Fed is likely gonna be cutting in September.Don't be shocked if we see some type of volatility in the market over the next week or two.
So the market is telling you if you follow the tape that we know that inflation is coming down and we know that rates are also likely to be coming down as measured by the Fed funds rate, I think kind of the the core or the cool way to really play this market on following the attentions.But if we do see rates come down the best asset class done the best asset class, Always when rates are coming down are stocks.
I do think that you know the flow of capital is going to remain with the magnificent seven because there's so much resiliency. At this juncture, what does that signal to you about how concerned companies are and what investors should expect specially as it relates to what they're saying about their financial performance, even amid the macroeconomic environment where they're not talking as much about recession on these calls?I.
Let's talk about some of that improvement that we have seen over the last several months, compared at least to a year ago, so that latest reading on inflation that we did get showing prices are about 3% higher than just about a year ago. Those prices are actually up more than 4% so notable calls out here the cost of your crackers and bread That's up 4%.That's at nearly 20% from a year ago, according to bank rate, the national average for full coverage Car insurance is nearly 2300 a year.So yes, Brad inflation has improved overall on that headline number.And a big reason for that is because of these higher costs.
Here you think about that growth and how that's also contributed to the revue revenue number that you're talking about.How do you fine tune that experience? Even though it is still the single most important problem for one in four small business owners, those pressures have eased. So that's a good sign going forward that the employment sector of small businesses it still remains very strong as far as capital spending that has been pretty tempered over the last couple of years.
Executives at Home Depot said that there is expectations that rates will come down, and if that does happen, then there could be.But due to the pull back, the company is guiding comp sales to decline about 3 to 4% for the fiscal year. The median sales prices, particularly here for new and existing homes, rose once again in June with this data, according to the Census Bureau and the National Association of Realtors.Bruce McNeil, the co founder and CEO of Kinlock Partners, joins us right now.Brad, that's a great question.You can find houses four and even five bedroom houses under $300,000.
The the less you have If you want a house, you've got to go for those, uh, loans, uh, that you can get into for just three or 4% down 5 10% down, Bruce.Not sure how much of it you may have heard about rent prices. So the rent, uh, decrease is primarily in the multifamily apartment, uh, style units in single family home rentals.All right, Bruce, with a a holistic look at the entire housing landscape there.Well, what's your earliest money memory memory here.We're gonna tackle the psychology of money right after the break.
Really, it's your emotions around money, the things you learned from childhood, and that's what we're doing in money route.The second one is your money story going deep into your early money memories, really charting out your relationship with money from, you know, beginning to now and how that impacts your financial decisions today.
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