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Companies are *cutting* full-time jobs like they do EVERY time before recession. Fed pivot coming.

Eurodollar University

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Is the Economy Going From Expansion Right Into Contract?

The MBER says the expansion ended this month and the contraction began. But that's not how any economy actually works, even going back to 19th century. The last thing they want to do is admit that we're transitioning to a contraction because number one, people will point the finger at them. Even Jay Powell has said, look, the labor market might have slowed down a little bit.

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