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The Worst Bear Market Ever (EP.329)

Animal Spirits Podcast

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Labor Market Data and Stock Market Reaction

In this chapter, the hosts analyze the recent labor market data, including the ADP data and non-farm payrolls. They discuss the positive aspects of wage growth exceeding inflation and more people being employed compared to a year ago. They also delve into the finance brain perspective and the potential impact of Fed rate hikes on the stock market's reaction to good economic news.

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