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An Extended Breakdown of the Fed and Banks (Podcast)

Bloomberg Intelligence

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The Future of the Economy

I'd like to think we can avoid a recession, but honestly, when you look at the signs that we're seeing bank lending officers becoming more conservative. We've seen hiring statistics really roll over and we've seen signs that consumers are starting to feel a little stressed especially in the lower tier consumers. So we think that we rather suddenly are seeing some pressure on the economy. A lot of the things that make the economy look good are going to go away.

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