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GM48: Resilient Growth BUT Economic Downturn Ahead ft. Chen Zhao

Top Traders Unplugged

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Resilience of the US Economy and Unusual Fiscal Stimulus

The chapter discusses the current juncture of the economy and markets, particularly focusing on the resilience of the US economy during an unusual cycle and the significant increase in US fiscal spending since July of the previous year. It highlights the divergence between monetary policy and fiscal policy, with the Federal Reserve tightening aggressively while the federal government pumps a large amount of stimulus into the system.

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