🍖 “Maaaa, the meatloaf” — InstaPot’s bankruptcy. Hospitals’ surgery surge. The Economy’s power pause.
The Best One Yet
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The Instapot: The Appliance Du Jour
Last quarter Instapot sales are down 50% from their all time high which was just two years ago. Yet he's recently we have seen a new appliance du jour and what is that appliance Jack? The air fryer. On the up cycle Instapot was the fastest growing kitchen appliance in America for the last decade. But sales were so hot the company forgot that a down cycle is also part of the cycle. It got blinded by its own heat. And it missed the art of aspiration. For our second story the Fed finally pressed pause because we're at a critical inflection point in the economy.
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