Bloomberg Wall Street Week: August 19, 2022
Wall Street Week
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Is the Economy Cooling?
Retail sales this week wereee pretty decent. On inflation, which is much more important, i'm pretty convinced that inflation is slowing. I think you're beginning to see some moderation in wages on top of we prices now cooling and the economys cooling. The recount i'm sorry, bank bank loans came ot this afternoon, and they're up 11 % now.
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