AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min snip
AMA: How The Everything Code Changed The World Forever ft. Julien Bittel
Raoul Pal: The Journey Man
Navigating the Economic Seasons
The economic landscape is transitioning from a 'macro spring' characterized by a disinflationary boom, where growth momentum is rebounding despite subdued inflation, to a 'macro summer' marked by an inflationary boom. Although inflation continues to decline in year-on-year terms, the pace of this decline is slowing, indicating rising inflation momentum, which acts as a critical pricing mechanism for risk assets. Next year's economic forecasts suggest a potential 'fall' phase, where growth peaks while inflation continues to accelerate, raising concerns of stagflation. In contrast, 'macro winter' describes periods of declining growth and inflation, reminiscent of the economic conditions experienced in 2022 until late in the year.
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