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Is the Stock Market Getting Ahead of Itself? (EP.293)

Animal Spirits Podcast

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Is It a Pandemic?

Retail sales are so far above trend from what was happening before the pandemic. Even if it went back down to trend, that would feel like a huge slowdown. We spent so much money in this country for like two or three years. For some people, it's going to look like a crash,. even if it's just getting back on to what we were before.

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