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Don’t Bank on a Pause, The Streaming Wars, and San Francisco the New Detroit? 5/5/23

The Exchange

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The Importance of Older Workers in the Workplace

Is this actually a massive consumer stimulus? People have not gotten a return on their savings in arguably decades. And now after tying up your money in a three month CD, you can get a significant, almost like a stimulus check back. I don't know if we should consider that in the condition of household balance sheet being so strong as something to make us try to figure out that reaction function.

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