Oddbean new post about | logout
 I appreciate the macro perspective, but I have a question for you, nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l 

It looks like almost every time the Fed has cut rates has been the canary in the coal mine for a recession. 

With the Fed expected to cut rates in September, what makes this time different?
https://m.primal.net/KRbn.jpg