2min chapter

The Compound and Friends cover image

Somebody's gonna be wrong

The Compound and Friends

CHAPTER

The 0.75% Drag on GDP Growth

Whole Foods is closing down its flagship San Francisco store. Steve Roth from Vornado said Friday is dead forever and Monday is touching Go. Alex Castellanos: With the commercial real estate bubble bursting, we are likely to enter three years with low growth similar to what we saw after the housing bubble in 2008. And QE is likely to come back in 2024.

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