Sumary of Palantir CEO Alex Karp says this deadly tidal wave of macroeconomic risks will wipe out some compani…:
- You will see that the durable companies that come out of this in three, four years …
- Yes it will. related investing newsEvercore ISI cuts S&P 500 year-end target as Fed powerful talk raises probability of a recessionyun Li11 hours ago The Federal Reserve on Wednesday raised benchmark interest rates by another three-quarters of a percentage point to a range of 3%-3.25%, the highest since early 2008.
- Are largely going to be from America, largely from the West Coast and they are going to be focusing on producing things that actually matter, Karp said.
- Interest rates are the reason, Karp said Thursday on CNBC Squawk Box. Will this deadly tidal wave wipe out some companies?
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