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Skanda Amarnath

πŸ‘€ Speaker
348 total appearances

Appearances Over Time

Podcast Appearances

The Compound and Friends
Neil Dutta & Skanda on Why the Recession Signals Are All Wrong

I'm not going to get too much into that, but these are all ways in which there's going to create some bias.

The Compound and Friends
Neil Dutta & Skanda on Why the Recession Signals Are All Wrong

And some of that might be real, and some of that just might be classification.

The Compound and Friends
Neil Dutta & Skanda on Why the Recession Signals Are All Wrong

So it's not just like some big political thing.

The Compound and Friends
Neil Dutta & Skanda on Why the Recession Signals Are All Wrong

Yeah, I mean, I think if you aren't owning your own business, right, and you're basically relying on a W-2, then what exactly is like, what does that labor market look like?

The Compound and Friends
Neil Dutta & Skanda on Why the Recession Signals Are All Wrong

I'd actually argue right now we're seeing a pickup in white-collar employment.

The Compound and Friends
Neil Dutta & Skanda on Why the Recession Signals Are All Wrong

We're seeing a pickup there, which is kind of defying all the odds and prognostications on the AI.

The Compound and Friends
Neil Dutta & Skanda on Why the Recession Signals Are All Wrong

replacing white collar.

The Compound and Friends
Neil Dutta & Skanda on Why the Recession Signals Are All Wrong

But for blue collar, it's not necessarily all great, right?

The Compound and Friends
Neil Dutta & Skanda on Why the Recession Signals Are All Wrong

It's actually, if you look at a lot of different types of employment there, job growth has not been as fantastic.

The Compound and Friends
Neil Dutta & Skanda on Why the Recession Signals Are All Wrong

There's a lot of construction jobs tied to building data centers.

The Compound and Friends
Neil Dutta & Skanda on Why the Recession Signals Are All Wrong

Outside of that, not so great.

The Compound and Friends
Neil Dutta & Skanda on Why the Recession Signals Are All Wrong

And even manufacturing, if you're maybe working for Boeing, obviously jobs are being created because they're ramping up production after all their snafus.

The Compound and Friends
Neil Dutta & Skanda on Why the Recession Signals Are All Wrong

Outside of that, not as impressive, I'd say.

The Compound and Friends
Neil Dutta & Skanda on Why the Recession Signals Are All Wrong

I think actually it's a bit of like Chinese finger trap, right?

The Compound and Friends
Neil Dutta & Skanda on Why the Recession Signals Are All Wrong

It's the harder you try to pull away, the harder you try to push for a dovish case, the more you're likely to kind of stoke a reaction from the rest of his colleagues.

The Compound and Friends
Neil Dutta & Skanda on Why the Recession Signals Are All Wrong

Well, because he's a hack.

The Compound and Friends
Neil Dutta & Skanda on Why the Recession Signals Are All Wrong

Well, yeah, if you make bad arguments.

The Compound and Friends
Neil Dutta & Skanda on Why the Recession Signals Are All Wrong

Wow.

The Compound and Friends
Neil Dutta & Skanda on Why the Recession Signals Are All Wrong

Well, if you make bad arguments, don't be surprised when like the staff or your colleagues just smack you down, right?

The Compound and Friends
Neil Dutta & Skanda on Why the Recession Signals Are All Wrong

And I think that's the big issue with like he's kind of trying to throw in trim to me and I'm actually a data guy now.