Craze or Catalyst, Retail Rebranding, and Apocalypse FedNow 6/29/23
The Exchange
00:00
The Inverted Yield Curve Predicts a Recession
The IPO market tree, I love you to death, but it's not exactly booming right now. IPOs did boom in 2007 and they gave a wrong signal. Jerome Powell is probably the world's worst forecaster of what the Fed is going to do 12 months out. We're starting to price in the potential for a better market and economy.
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