Is There a Recession Coming?

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The job of defetis is extraordinarily difficult. The carea shock actually defed handled really well. It was a soft landing. And then the oil crisisof seventies was the exact opposite, an that it produced a very hard landing on employment shut up. My sense is that the current situation is probably somewhere in between. We definitely don't have a problem where markets and the economy have just gott used to fairly high levels of inflation,. Exacly, that makes me slightly more optimistic.

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?