THE FED BOMB

Summary from the TLDR Founders newsletter

The Fed's tough talk shook markets, pushing rate cuts further away and pointing to lasting inflation. Growth is slow, ending hopes for a quick bounce back. High valuations have fallen back to earth. While software may be going back to normal levels, the Fed is still a big obstacle. For founders, 2025 will likely be exciting but bumpy, showing why it's important to watch big economic forces.