3min chapter

Let's Appreciate cover image

Who is Driving the Economic Car?

Let's Appreciate

CHAPTER

The Fed's Failure to Fix Inflation

The markets are demanding austerity not only from policymakers, but from companies too. Mark Zuckerberg is being punished heavily by the markets for going all in on the metaverse. And then you have individual stocks like Meta and Formula E Twitter that are basically now ruled by one guy. Market participants will mule just what the growing number of indexes in the expanding sway of their providers really means.

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