22min chapter

The Compound and Friends cover image

The Biggest Mystery on Wall Street

The Compound and Friends

CHAPTER

The Mystery of the Unusual Economic Cycle

In this chapter, the speakers discuss the current state of the economy and how it hasn't followed the historical pattern of previous interest rate hiking cycles. They highlight leading indicators that suggest a recession should have already occurred and explore possible reasons for the economy's resilience, including the impact of cheap debt on consumers and corporations.

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