3min chapter

The Compound and Friends cover image

Dan Nathan Predicts Recession

The Compound and Friends

CHAPTER

We're Not in a Recession, Right?

I don't think anyone's shocked right now that they are where they are. I mean, we've been talking about a recession for how long are we in one? Is it happened yet? Is it going to happen? Think about how extended the average person you knew was in 2005,. Second homes, third homes, bullshit mortgages. The underwriting quality for almost everything has been way better than it was in the mid 2000s. So even if we have a slowdown in higher rates for a year, it's not as though it's like a shock to people.

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