2min chapter

The Compound and Friends cover image

Somebody's gonna be wrong

The Compound and Friends

CHAPTER

The Stock Market's Oblivious to the Economic Softening

I just feel like every week that we have these conversations, more or less, everyone's saying the same thing, the economy's softening, it's going to get worse. I would love for a situation where everybody just lays off 5% of their staff and we go on and get five as usual. But how about this? I think there has to be a reason for stocks to roll over, right? Yeah. And I would mean just like 5%. They're not just going to take out new lows. No, they can't. So I didn't let you know, but they can do it slowly with no reason. That stuff just is going to dry up and it's

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