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MacroVoices #290 Juliette Declercq: Are Cyclical Indices Positioned To Outperform?

Macro Voices

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Is the Fed Getting Ahead of Real Wages?

Inflation eats away at capital holders real wealth. The boomers sit on a disproportionate share of total household wealth in the us. A hot labor market tends to lower income inequalities, leading to a greater aggregate propensity to spend rather than save. This should keep the fed dovish Why?

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