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Is There a Way Out of the Recession?
I think what we're describing here is simply more honest, which is to say that the data is mixed, and we don't exactly know wha's going to happen. I mean, the point of the conversation is to try to understand better decisions in capital aplocation, company formation and placing bets in the next year. We now have the spectacle of the president saying he's going to pass an inflation reduction act to solve a zero % inflation problem to get us out of a recession that he says doesn't exist. Another shoe might drop. And i'm seeing that anecdotally, a lot more people going back to work.