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#969 David Sacks The Return Of Capitalism & Critical Thinking

The Pomp Podcast

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Are We Going to Have a Recession?

At one point, the federal reserve owned like one ind four residential mortgages in america. Because the fed waited so long to react to inflation, it got worse for now. It'll come down just by virtue of lapping last year's comdaseffect on a year over your basis. But it's still going to be there, ah, but they acted away too slowly. The fear, i think, is, you know, powell just said that he doesn't see a risk of recession on the horizon.

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