Lead-Lag Live cover image

Inflation, Recession, & Economic Hell With Lyn Alden

Lead-Lag Live

00:00

The Wealth Effect in the Stock Market

The stock market has gone from a leading indicator to more quinced than one. The reverse wealth effect is real, but obviously it's not yet filtered into slowing inflation. Trying to reign in demand is kind of like holding a beach ball underwater where we might get prices down for time but then they pop back up as soon as we try to reinflate the bubble.

Play episode from 29:09
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app