2min chapter

The Compound and Friends cover image

No pivot!

The Compound and Friends

CHAPTER

Will the Fed Lay Up Until We Get a Recession?

I feel like the layoffs and the hiring freezes are only coming from tech companies. So striping out today 14% layoffs, it's not spreading yet. Can we bring inflation down without unemployment going to 6% or higher? Is that possible? I don't know. Never happened, but we can dream.

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