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Podcast: The John Johnston Lounge
Episode: Inflation Comes In Hot, Stocks Panic!
Description: 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 Overpricedhttps://youtu.be/IM-F4YVQ3jkAswath Damodaran: Nvidia Stock “Priced To The Point of Insanity” https://youtu...