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Jay Powell, Munis, And ETFs (Podcast)

Bloomberg Intelligence

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Are We in for a Repeat of the Seventies Here?

We're moderately, modestly, i should say, above mid point of range for risk assets here. Over the nexta few years, earnings, we think, will track higher. And we think peas have stabilized here. So while there might be some chop, we think we return to a slow growth economy,. call it a two % economy. We think or earnings will maybe come in a little bit lower than consensus in the next few years, but still five, six%.

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