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E74: Market update, inverted yield curve, immigration, new SPAC rules, $FB smears TikTok and more
All-In with Chamath, Jason, Sacks & Friedberg
Is the Reaction of Potential Recession Inappropriate?
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The market is basically at an all time high, plus minus five %. So why is the reaction inappropriate? Look, if you think about where we were in november and where we are to day,. almost april first, rit so it's been four months, five months. We've had massive a exposition of inflation. And then when they rally, they rally disproportionately in favor of the good companies. i think what's going to happen is really nteresting.
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