Inflation Comes In Hot, Stocks Panic!
Recent Inflation numbers have came in unexpectedly high, and the stock market reacted immediately to the downside on the news. In this episode I react to some of an interview with Former Treasury Secretary and current OpenAI board member Larry Summers, who is critical of how The Fed is handling inflation and the US economy.
Related episodes:
Aswath Damodaran: Why The Stock Market Is Now Overpriced
https://youtu.be/IM-F4YVQ3jk
Aswath Damodaran: Nvidia Stock “Priced To The Point of Insanity”
https://youtu.be/DCI9iQC_hvs
Aswath Damodaran: All Mag 7 Stocks Overpriced, NVDA INSANELY!
https://youtu.be/CzKpib62RLQ
Reference video:
CNBC: Summers Says Fed Should Not Cut Rates Right Now https://youtu.be/LXDNZuYUn-o
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Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.
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