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All-In with Chamath, Jason, Sacks & Friedberg

Kamala surges, Trump at NABJ, recession fears, Middle East escalation, Ackman postpones IPO

2171.374 - 2192.722 David Sachs

I guess what I would say about the economy is that in nominal terms, we're not in a recession according to the data that's come out. The Q2 GDP was roughly 2% GDP growth. However, I think there's a couple of problems. One is that what we've seen over the past year or so is that the economic data that comes out keeps getting reforecast down.

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