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7min chapter
Soft Landing, EVs, and Private Credit
Bloomberg Intelligence
Ongoing Soft Landing Narrative in the Job Market
This chapter discusses the current state of the job market and the ongoing debate about the trajectory of the economy. It explores factors such as the increase in ISM services, the tight labor market, and strong consumer spending data, but also highlights concerns about a possible recession and the impact of a tightening central bank. The chapter addresses issues like wage increases, inflation, and the importance of a strong job market for economic stability.
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