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Surveillance: Fitch Cut, Trump Indictment

Bloomberg Surveillance

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The Long and Variable Lags in the Labor Market

Bob Michael of JP Morgan Asset Management. Nathan Sheets, a city Bob Michael of JPMorgan Asset Management. When do you expect the weakness to turn up in the labor market? If we still believe in these long and variable lags, is that a story for later this summer, later this year, already 2024? I think we'll see it before the end of the year. I think we will see it over the next several months. We'll see where it all ends up.

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