Chapter
Microsoft's Impressive Quarter and Potential Impact of Fed's Rate Hike Plan
39:21 - 46:59 (07:37)
Microsoft reported a revenue of $51.7 billion and net income of $18.8 billion, up by 20% YoY. The Fed's plan of rate hikes this year and selling assets worth $9 trillion may have a significant impact, while China and Germany have also made economic moves.
Clips
Microsoft reports an absurd quarter with their revenue hitting 51.7 billion, up 20% YoY, and now predicts a net income of 18.8 billion.
39:21 - 45:00 (05:38)
Summary
Microsoft reports an absurd quarter with their revenue hitting 51.7 billion, up 20% YoY, and now predicts a net income of 18.8 billion. The Federal Reserve has a dual mission of keeping inflation low and employment high, and actions post the FOMC indicate that the market is pricing in about five rate hikes this year.
ChapterMicrosoft's Impressive Quarter and Potential Impact of Fed's Rate Hike Plan
EpisodeE65: VC markup dynamics, Russia/US tensions over Ukraine, Altos Labs raises $3B, Stripe mafia & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The simultaneous increase in interest rates and decrease in liquidity in financial markets can lead to reduced spending and increased value placed on cash, while also making debts more expensive.
45:00 - 46:59 (01:59)
Summary
The simultaneous increase in interest rates and decrease in liquidity in financial markets can lead to reduced spending and increased value placed on cash, while also making debts more expensive. Additionally, the potential for Powell to sell assets in order to address inflation could have unforeseen consequences for reducing the national debt.