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Bullishness Approaching Mania | Peter Atwater on Market Psychology And “The Confidence Map”
Forward Guidance
The Bifurcation of High-Earners in Venture Capital, Private Equity, and Real Estate Finance
The very low unemployment rate gives workers more leverage over their employers than when the unemployment rate is very high. So again, this is something that I think we over exaggerate that benefit because it benefits those who are at the top and can afford to move. But there's lots of demand for folks at the bottom, particularly where immigration once filled, avoided and does not today.
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