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John Dingle
Bloomberg Television
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Comments by "John Dingle" (@johndingle6293) on "Sell in May? | Bloomberg Surveillance 04/28/23" video.
In my blue city and state, people have dramatically reduced spending. Downtown is empty.
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Who knew stagflation is good for markets. Lower rates, lower dollar, lower growth, but higher market. Go figure. It's almost election year. Meanwhile covid stimulus has dried up. And things are slowing fast. You will have to look at hours worked vs unemployment rate. Cutting hours and pay will skew the unemployment data.
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