Chapter
Clips
Amazon's Q3 earnings report showed a 15% year over year increase in revenue and a 5% quarter over quarter increase in net income, indicating that the market bottom might be in for the short term.
1:03:05 - 1:04:57 (01:52)
Summary
Amazon's Q3 earnings report showed a 15% year over year increase in revenue and a 5% quarter over quarter increase in net income, indicating that the market bottom might be in for the short term.
ChapterBullish Outlook for the Market
EpisodeE102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker predicts a massive recession for next year due to the current interest rate increases by the Fed and the high mortgage rates.
1:04:57 - 1:07:01 (02:03)
Summary
The speaker predicts a massive recession for next year due to the current interest rate increases by the Fed and the high mortgage rates. The previous mild technical recession was caused by nominal GDP growth not keeping up with the inflation rate.