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An Update On The "March Banking Panic" | Weekly Round Up
Forward Guidance
The Fed's Focus on the Labor Market
I would remind people that, especially when you look at something like the unemployment rate, we are at historically very low levels. So it feels like that is sort of destined to some amount of mean reversion to normal levels. The China story, I'm with you, Jack. I don't think it's a bad proxy for looking at what happened to demand in the United States after we opened up here.
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