AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min chapter
The Day Inflation Broke
The Compound and Friends
What's the Transition Going to Look Like?
The big takeaway I had is if you're going to get bearish on margins for the S&P 500, then you got to getBearish on big tech margins. So let's just assume that this one print at 7.7 is hopefully a, hopefully the beginning of a trend of numbers starting to come down. And so we could stop obsessing over the CPI and then start to worry about, oh shit, why are prices coming down? The market has basically carved out an 8-10% trading range in which it can go from 3,600 to 4,000 or even 5,000. But as new money dries up, investors have to reckoning with like, am
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode