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Surveillance: US Jobs Report with Walsh

Bloomberg Surveillance

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What Will the 5% Fed Rate Mean for Financial Markets?

There's a belief out there by a lot of people that our financial world, and maybe even our social world, is going to fall apart with higher real rates. We've lived this before, we've been here before. What do you presume will we look like financially with a 5% Fed rate? Well, we're seeing that right now in terms of some of the implications of a withdrawal of liquidity.

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