Be honest: How much value do you get out of being on social media? Today, we hear the role that FOMO plays in keeping us online.
Some senior Fed officials think financial conditions are tightening, which is aiding the central bank’s efforts to cool the economy and quell inflation. Jeffrey Cleveland, chief economist at Payden and Rygel, helps provide context.
All that’s keeping some of us on social media is basically the fear of missing out. That raises larger questions about its value.