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Surveillance: Covid Zero with Weinstein

Bloomberg Surveillance

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The Wage Numbers May Be More Important Than CPI Numbers in 2023

The expectation that supply chain disruptions are going to magically evaporate is being disproven this morning. The wage numbers may become more important than CPI numbers, especially in the beginning of next year. We have had a lot of different recessions where we see very little change in output, but a massive decline in employment. This time around, you could get companies really actually holding on to labor.

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