All-In with Chamath, Jason, Sacks & Friedberg
Biden chaos, Soft landing secured? AI sentiment turns bearish, French elections
David Sacks
That was one of Jay Powell's major efforts. And all the stimmy savings, as you pointed out, Shamrath, are long gone. And today, the big news, CPI came in at 3%. Perhaps inflation has been cracked. Here's your chart, gentlemen. Economists were expecting 3.1, so the print was meaningfully cooler than expected. And CPI actually fell 10 bps on a month-on-month basis.
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