its a very mixed bag. e.g., mortgage delinquency rates near historical lows [0]. I picked those valuation examples to illustrate that 1) there is a lot of discr

its a very mixed bag. e.g., mortgage delinquency rates near historical lows [0]. I picked those valuation examples to illustrate that 1) there is a lot of discretionary "investment" wealth around and 2) people are still clinging to the various "disruption" narratives. obviously inflation is real and the new rates regime is real but it feels that people are pre-emptively trying to cool things down, build some buffers etc. rather than an already realized economic malaise. the implication for the "time your startup" narrative of OP is that it is even less clearcut of a decision than if it was a real (let alone deep) recession. [0] https://fred.stlouisfed.org/series/DRSFRMACBS https://fred.stlouisfed.org/series/DRSFRMACBS