Surveillance: El-Erian's Fed Outlook
Bloomberg Surveillance
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The COVID Effect Behind Us
The conference board is leading economic indicator, declined for the 15-month in a row. It's already gone down enough and far enough from the peak of December 2021 that the recession should have started. So what's happened is that this was the energizer bunny. The gift that kept on giving were those stimulus checks from the Biden budget buster.
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