32sec snip

The Compound and Friends cover image

2024 Predictions, Career Advice, and What Went Right in 2023

The Compound and Friends

NOTE

Misguided Perception of Economic Recession

The anticipation of a recession was primarily driven by an overreliance on past interest rate hiking cycles, resulting in a misjudgment of the amount of money tied up at low rates. This led to overestimation of the potential increase in defaults and the impact of a looming maturity wall.

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