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11min chapter
Bloomberg Wall Street Week - July 19th, 2024
Wall Street Week
Analyzing the Resilience of the U.S. Economy
This chapter explores the robustness of the U.S. economy in the face of challenges such as high interest rates, AI investments, rising prices of essentials, and immigration policies. It discusses the impact of President Biden's strategies on industrial growth and productivity, the discontent among people despite economic strength, and the potential consequences of tariffs on American consumers. The conversation also touches on future considerations such as extending tax cuts and addressing budget deficits amidst global challenges.
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