Class myths, an influx of e-ships, and pricey Olympics tix!

This episode of The Indicator examines three economic indicators. First, the hosts discuss the growth of the American upper middle class, noting that 31% of families now meet the income threshold of $133,000 to $400,000 per year for a family of three, adjusted for inflation. They attribute this rise partly to increased wages for women but acknowledge wage stagnation for men without college degrees. Second, the podcast explores Chinese battery maker CATL's push to electrify ships, driven by environmental concerns and geopolitical tensions related to oil. CATL plans to expand its maritime business unit significantly, though safety and infrastructure challenges remain. Finally, the hosts discuss the pricing and availability of tickets for the 2028 Los Angeles Olympics, noting the starting price of $28 but also the high costs and lottery system for popular events, along with a 24% service fee.