Big Fed rate cuts, AI killing call centers, $50B govt boondoggle, VC's rough years, Trump/Kamala

705.785 - 733.4 Chamath

So a lot of people are asking the question, well, is that what's going on here? Now, Powell's comments, though, are indicating that the economy is in good shape. He said the economy is in very good shape, basically indicating that they had tamed inflation and that they would look to cut another 50 basis points this year. So Powell's rhetoric is... in a way, at odds with the magnitude of this cut.