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Logan Mohtashami on the labor market and the crypto crash

HousingWire Daily

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Jobless Claims Data

The only thing that's keeping it everything intact is jobless claims data. The Fed won't pivot until that breaks because that pillar of the US economy that they've been hanging their hat on, will be gone. We're not a fast growing economy or population growth is slowing. Baby boomers are leaving the workforce. So if they get replaced, that's just a replacement job right there.

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