What’s your point? Economists don’t forecast stock markets, they forecast… economies.

If the market goes up due to a rate hike, it’s probably because the futures market was pricing in a higher hike than what actually happened. If you look at the rate hikes for 2022-2023 this hike is the lowest since March compared with an average hike between 50-75bp.

My question is, why do you need snowflake to be open source? It is typically only used for enterprise data warehousing and the ML tools are pretty new and most the the value from their “Snowpark” comes from utilizing snowflake compute for ML instead of another source.

When I think of ML platform I think more of Sagemaker, databricks, datarobot, H2O, etc.