Meredith Whitney: Avocado Toast With A Side of Wage Garnishment

In this episode of On The Tape, Danny Moses interviews Meredith Whitney, founder of Meredith Whitney Advisory Group, about the U.S. housing market, consumer spending, and government policies. Whitney discusses the impact of seniors owning a high percentage of homes and tapping into their equity, the impending slowdown in spending by Gen Z and Millennials due to student loan repayments and rising healthcare premiums, and the potential privatization of Fannie Mae and Freddie Mac. They also explore the role of private credit in consumer lending and the implications of a weakened Consumer Financial Protection Bureau. Moses also shares his investment concerns, drawing parallels between the current market and the dot-com bubble, and provides his NFL picks for the week.