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The US Economy Is Good or Bad?
Rob Kahn is Managing Director of Global Macro-Geoeconomics at Eurasia Group. He says the US economy may be one part real growth and one part inflation. Inflation has already come down, peaked at 9.1% in June of last year,. And we think it'll be a 3.5% by the end of this year. Seven of the 11 major sectors are in profit recessions versus four sectors just three months ago.