Part 8/10:
As the discussion progresses, they get into specifics regarding market dynamics, notably focusing on interest rates, housing, and vehicle sales. Kathy highlights the inversion of the yield curve, which historically has been a reliable indicator of looming recessions. However, they note that the current economic environment feels distinct, given the broader tech sector’s buoyancy amid perceived economic slowdown.
In discussing the housing market, Larry points out a lingering recession in the small business sector, heavily impacted by high interest rates and reduced consumer spending power. Conversely, the tech industry remains a stronghold, indicating fragmentation within the overall economy.