Visited my parents today and saw my mom had put out these 🥹Then I caught up on the news and saw that former President Obama gave a public interview.
Feeling heartened.
I liken the former President to Ta Nehisi Coates. Both say what people aren’t ready to come to terms with yet.
https://youtu.be/J48l41l94HQ?feature=shared
It was a wonderful speech.
I have to say after studying finance recently and learning about the rate of return for stock market investors and weighted average cost of capital for corporations, it is really disheartening to see that a recession is being pushed just so they can drop their cost of debt and increase time value of money. I really hope I’m wrong, but this is how I was taught to calculate a value of equity.
