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

2395.04 - 2416.241 Chamath Palihapitiya

article that was just pulled up where there are some parts of the economy where you have low debt, high margin businesses that can continue to scale and continue to raise pricing, have a lot of elasticity in pricing. And then there are the others that operate on, you know, 1% interest rate charges, the changes drive their profit or loss for the year in a pretty meaningful way.