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Surveillance: US Payrolls Crush Estimates

Bloomberg Surveillance

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The Negative Effects of Bank Stock Declines on the Economy

Tiffany Wilding: How can we entertain recession discussions when we've got such a strong labor market? Paul Romer: I think that's a really good question. And the way I've been characterizing it, I guess a little tongue in cheek is I think we have a two-handed economy right now. But I do think that the decline in bank stocks is quite concerning.

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