A Tough Break (EP.278)
Animal Spirits Podcast
00:00
The Fed's Wage Growth Tracker
The S&P from the highs is down like 24, 25%. From the COVID bottom, we're still up 65 to 70%. Since the end of 2019, we're up 18% still. People are still spending like gangbusters, at least anecdotally it looks like that. So I just think let's like let this breathe a little bit and see what happens when.
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