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Surveillance: Peak Yields with Rajappa

Bloomberg Surveillance

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How to Get Back to a 12-Year Labor Economy

When was the last time we were at 3-something? And the answer is a long time ago. Even the retail sales numbers that are coming out this Friday, people have a very, very weak headline number. You're going to need something more than Mr. Malpass was talking about in terms of the growth numbers for this year and next year or even for what the Federal Reserve is talking about.

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