Rate hikes lower wealth and raise the cost of credit, but they also increase private sector income. The overall restraint may not be enough.
Mentions
See All
Ilan Strauss @ilanstrauss
·
Nov 21, 2022
This is a great post. Really interesting. Expectations at the sector level play a role too. Big Tech have fired many people earning decent salaries previously. While energy investments may be up. I’d like to see the net effects from this change in expectations / sectoral effects