US adds 187,000 Jobs (Podcast)
Bloomberg Surveillance
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The Fed Still Goes Enough, Even With Sticky Inflation and Wage Pressures
At a certain point, when does the higher rate structure at the long end threaten your bull thesis? Well, I think that it already has done its damage in the one area where the rolling recession has hit. But even there, as we've seen of late, the housing market's holding up pretty well. The real issue is the consumer will hire long-term rates, knock down the consumer.
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