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TINA the Faceless Mistress (guest: Steve Sonick)

The Market Huddle

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Inflationary Expectations Are Not as High as They Used to Be.

People's inflationry expectations are not as high as they were. People aren't spending money, or if they are spending money, it's on necessities. A lot of discretionary spending is coming to a halt. The economy feels like it's strengthening into the end of the second quarter. But you could look back and go this was actually a recession.

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