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Surveillance: Paradigm Shift with Eisman

Bloomberg Surveillance

00:00

Are You Aggregating EU, British, and American Data?

This will be the most anticipated recession we'll have ever had if it materializes. The labor market has held up really well, I wonder if that's to some degree a result of labor hoarding. We don't really have a great way of measuring labor hoarding; it's mostly anecdotal rather than actual data. But I do think that labor hoarding could change on a dime if companies feel like their earnings are starting to turn.

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