Dow, S&P's Worst Day Since 2020 // Borrowers Missing Payments // First-time Homebuyers Still Struggling - 5/19 (Hour 1)
(0:30) - Chuck and Mike begin the show with a recap of Wednesday's. brutal sell-off, which was the worst day for the S&P and Dow since 2020.
(13:25) - Talking about Jay Powell and the Fed's role in boosting the economy amidst heavy scrutiny.
(25:13) - Touching on the trend of more subprime borrowers defaulting on loan payments.
(34:55) - Dr. Lawrence Yun of The National Association of Realtors called into the show to tell us about the existing home sales data for April.