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I run a software consultancy. Demand is up. We’re hiring like crazy. I’m waiting for the other shoe to drop but so far the real economy seems sound. The repeate
by more_corn 4y ago
I run a software consultancy. Demand is up. We’re hiring like crazy. I’m waiting for the other shoe to drop but so far the real economy seems sound. The repeated supply shocks seem to have given inflation legs. Raising interest rates will hopefully bring it under control. Seems that the inflation rate dipped recently, still higher than we’d like but going down not up.
Of course this means prices go up more slowly not that they stop going up.
The labor market seems to still be quite strong. That’s a good sign. Watch for falling consumer confidence. That’ll be our harbinger of doom.
Compared to 2008 this seems less terrifying and apocalyptic.