About the economy being less sensitive to interest rates than we might have thought - he may be right. Something a lot of ppl don't remember was a few years ago when we had record unemployment and low rates, economists and the fed were baffled bc that historically meant higher inflation - but it didn't. They couldn't hit 2%.... and now - we jacked them up and they haven't had the same effect in the opposite direction as they have historically. So it might be true that today's economy is simply less sensitive, in both directions, to interest rates.

And Bill Clinton looks like the best president ever too. (Next to OBiden of course) 🙄

For that reason, I’m not going to further my education at Harvard University

Larry is definitely perfect balanced person as he is 60% the team transitory cheer leader and 40% 2008 GFC corrupted rich ppl butt kisser

;-))> I < = Y'all are funny! - UH, I thought this was the (Bee) - ;) The Economy Looks Strong = could joke!

Only Some downward revisions ? There were a lot of downward revisions.

What are the odds that he is going to accept that his previous predictions were wrong.

Looks strong? Come on Larry you know better. Besides the number will be revised down as it has been every time, jobs are not jobs that we need.

It seems to me like it's important for these central planners in particular to ensure the crash isnt seen ahead of time. That way, when it happens, it's "unprecedented" and "uncertain" and thus the kitchen sink "needs" to be thrown at the problem, so the corporate asset holders can never suffer losses. Not sure the tricks they played in 2008, 2012, 2015, 2019, and 2020 will work again though. Not many kitchen sinks left to throw before the shit truly explodes. The next attempt at mega QE to recussitate the zombie economy has far too many implications. The only thing that made it work until now was the lack of inflation risk in the consumer economy (and this "working" came with the sacrifice of bond insecurity, debt costs, risk moderation, and continued widening of inequality. Now we have all these things and the inflation cat out of the bag. The cynic in me sees a future of real negative interest rates and debt monetization, plus increasing capital controls, but not before recessionary turmoil.

The slowest talking man in the world

Long hair dont care, not a good sign.

Lawrence..............😒

Economy looks strong? Inflation under control? Is this dude out of touch or something?

Be good if you could get a KZfaqr for commentary. This larry bloke contributes a little “too much.” And he’s boring and wrong!