5min chapter

The Compound and Friends cover image

The Quantum Realm

The Compound and Friends

CHAPTER

How to Forecast a Recession With a Straight Face

Economist cut their recession odds from 40% last year to 25%. And the data just keeps coming in better than expected. The lock-in effect, homeowners unwilling to list their home due to low mortgage rates has effectively placed a floor underneath prices. I don't think that our clients are a great canary in the coal mine for any kind of sea change in the economy.

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