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Last Checked March 2, 2023

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Sat Jan 14 21:40:40 +0000 2023

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David Sacks @DavidSacks

Base case for ‘23-24: — 1-2 more rate hikes but only 25 bps. Rates peak at 5%. — Recession starts mid-year. — Fed cuts by Q1 ‘24. — Recovery begins Q2 ‘24. — Biggest risk factor: sovereign debt bomb. I don’t have a lot of confidence in this, just my best guess. — PolitiTweet.org

Posted Jan. 14, 2023