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Price Drives Narrative (EP.271)

Animal Spirits Podcast

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The Stock Market Bounces 15 %. Hang On, Hang On.

The prevailing narrative was the fet is trapped and flation is going to cause their hand. They can't have the fed put in an more stocks. Can't rise were falling forty %. Lern it out to crush the aconomer, and then the stock market bounces. The othe narrative was, if there's an imminent recession or rarity in one, then the stockMarket bounces 15%. We get a little bit of better economic news, and actually we could have a soft landing.

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