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We are seeing record credit card debt, the anti-inflationary drivers of growth are reversing and China is slowing down, says Scott Sperling of THL.

August 17, 2023 | Pucklore | Vault

Mr. Sperling believes that inflation will stay between 3-5% due to energy prices and wage pressures.

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← If you helicopter drop more money than we spent in World War 2, and unit labor costs continue to rise without productivity gains, you will get higher inflation and higher for longer from the Fed, says Barry Bannister of Stifel.
“If you don’t like the numbers, you change them – or stop publishing them,” says Andrew Ross Sorkin about Chinese economic numbers.  Beijing will stop publishing figures for youth unemployment in China, because it’s so bad. →

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