Déjà vu! Party Like It’s 2019!

It's déjà vu all over again.

In this episode of the Midweek Memo podcast, host Mike Maharrey explains how the setup in the financial system looks very similar to what we were seeing in 2019, prior to the pandemic. And that's not good news.

Along the way, he explains the business cycle, its causes, and where we are in the current iteration of the pattern.