Google’s AI Do-Over, The Retailer to Buy into Earnings, and Disrupting Fertility Care 5/10/23
The Exchange
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The Bottom Line: There's No Place to Go in a Recession
Powell explicitly said in the press conference last time that his base case was not for a recession, which really surprised me. We're still in an economy and a stock market that is speeding down a cul-de-sac. It seems happy, but there's really no place to go. There's no outlet here that ends happily in the short-term.
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