Felix: I'd like to recommend the articles of a journalist at the wallstreet journal. His name is grak ip ah ye's the chief economics commentator at thewallstreet journal. He mostly writes for a column called capital account. And then sometimes, you know, his longer essays on the week end. i think there's really an amazing place to learn about the economy from a very thoughtful, very knowledgeable writer.
Felix and Mihir discuss the turmoil in financial markets and how best to respond as an investor or a corporate executive. Is it time to panic? What is the longer-term outlook for the economy? Will the Federal Reserve be able to tame inflation without causing a recession? They also discuss the fate of Upstart, an AI-supported lending platform. The former Wall Street darling lost much of its value, seemingly overnight. Can Upstart recover? Are we really better off with more consumer credit?