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Talk Your Book: The Carrying Cost of Crazy

Animal Spirits Podcast

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The Labor Market Remained Pretty Strong in the Face of the Fed Raising Rates

This is the strongest labor market of my lifetime, for sure. I don't think we've ever seen anything like this. The key thing that happened last year is we had a massive amount of job openings where I was returned to unemployed people. It's not just slowing, but it's actually low. We're going to slow down. What we're really talking about here is not whether we're going toslow down or not. It's just a slight timing issue.

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