Okay, Computer 11/9/22: Dumb Like Us with Rick Heitzmann & A Conversation with Groundswell’s Jake Wood & Human Ventures’ Joe Marchese
RiskReversal Pod
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What's the Contagion of Unemployment?
I think the key thing that'll determine if it's one quarter or five quarters is what happens to the consumer, right? There's two things I think people are most worried about. What's the contagion of unemployment? And what does that mean for consumer confidence? So where's consumer confidence today? It seems to be eroding,.Whether it's crypto eroding it, whether it's your next-door neighbor got laid off from meta and so on. An enterprise which is slowing down spending, you know, key way they've slowed down spending, especially in the tech markets, firing people. A Fed which might continue to raise interest rates, which for the first time in a half
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