Joel and JD unravel the shocking economic turmoil of the week, spotlighting the catastrophic collapse of Republic First Bank, alarming jobs data, and Powell’s foreboding speech. With the Fed confessing anxiety about inflation and pulling rate cuts off the path, it’s now clear: we’re in dangerous territory with no guard rails in sight!
JD and Joel unpack Peter’s latest podcast and the economy’s current path toward stagflation. We look at this week’s price action, macroeconomic data, and a quote from Jordan Peterson.
