
E86: Macro outlook: jobs, housing, inflation + Dutch farmers protests & EU climate missteps
All-In with Chamath, Jason, Sacks & Friedberg
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Consumer Confidence and Economic Challenges
This chapter examines the decline in consumer confidence in the U.S., comparing present sentiments with future economic expectations. It discusses the effects of rising inflation, housing costs, and strained household budgets, highlighting a paradox of high spending amid financial worries. The speakers further explore the implications of a supply-side recession and the housing market's critical state in relation to mortgage rates and future sales.
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