Jason Calacanis

higher survey of professional forecasts is projecting CPI hits 6%.

You heard that right, folks, we weren't just talking about a 3% handle, which we just hit.

Now people are saying four or five and 6% in Q2.

And obviously, that's a huge revision.

And the narrative was, hey, more Fed rate cuts coming.

Now we're talking about Fed

rate increases.

Inflation is causing, obviously, bond yields to rise.

Tenure hit 4.6%.

You remember, we've had Besson on the pod multiple times, and his goal was to get that under 4%.

Now it's significantly above that number.

And also, if we go around internationally, Japan's 30-year is at a high of 5.1%, highest ever recorded.

UK yields, highest since the great financial crisis.

Germany, highest since 2011.

And in Korea, retail investors are borrowing record amounts of money to trade in AI chip stocks.

They also had an incredible run in Korea betting on crypto at the peak.

So that's some sort of an interesting signal.

Friedberg, is your alt personality going to come out right now?

Are you concerned?

Is Dr. Doom making an appearance here or do you think this is manageable?