{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Wealth Recap","title":"Strong Hiring, Stubborn Prices, and What \"Depletion\" Really Means","html":"","width":"100%","height":180,"duration":595,"description":"This week on The Wealth Recap: a strong May jobs report, inflation crossing 4 percent, and what the two together may mean for the path of interest rates, including why a headline above 4 percent does not necessarily mean price pressures are broad-based. Then, a closer look at the 2026 Social Security Trustees Report and what \"depletion\" actually means, including why scheduled benefits would not fall to zero. We also explore a quiet shift in how families pass down wealth, giving gradually during life rather than leaving a single inheritance. And to close, the economics behind the 2026 World Cup, and why economists tend to view giant event forecasts with caution.\nNew episodes weekly.\nSources:\n- U.S. Bureau of Labor Statistics, Employment Situation, May 2026: https://www.bls.gov/news.release/empsit.nr0.htm\n- U.S. Bureau of Labor Statistics, Consumer Price Index, May 2026: https://www.bls.gov/news.release/cpi.htm\n- CNBC, \"The May inflation numbers are due out Wednesday morning. Here's what to expect\": https://www.cnbc.com/2026/06/09/the-may-inflation-numbers-are-due-out-wednesday-morning-heres-what-to-expect.html\n- Barron's, \"When Fear Came to the Stock Market\": https://www.barrons.com/articles/stock-market-fear-volatility-vix-75bbe42a\n- Social Security Administration, 2026 Trustees Report (press release): https://www.ssa.gov/news/en/press/releases/2026-06-09.html\n- The Wall Street Journal, \"Social Security Now Expects Shortfall Earlier, in Late 2032\": https://www.wsj.com/politics/policy/social-security-trust-insolvency-2032-d26bf25e\n- The Wall Street Journal, \"Forget the Inheritance. These Readers Are Passing Down Their Money Now.\": https://www.wsj.com/economy/forget-the-inheritance-these-readers-are-passing-down-their-money-now-36805713\n- Barron's, \"The $13 Billion World Cup: Inside FIFA's Massive Moneymaking Play\": https://www.barrons.com/articles/world-cup-2026-fifa-money-business-77731ad1","thumbnail_url":"https://img.transistorcdn.com/ThiqWOkvAKuwT04liIdk7PRJTVJx2a6dnFZG6naTYzE/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8xZTI3/MDhhYzJiYTdkZTFj/MjM3MTNlYWZmOWU4/ZGJkMi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}