7 years ago
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Trump: What the Market Is Really Saying
There is plenty to be afraid of about Trump’s economic plans. It could well be that the new administration, backed by a Republican-controlled Congress, will start cutting needed social services to the bone. So why has the stock market been soaring since two days after the election? By Jeff Madrick.
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+2Submitted 7 years ago by AdelleChattre
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+2Submitted 7 years ago by AdelleChattre
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"the unemployment rate could not drop further without generating inflation as workers asked for higher wages."
There are still plenty of unemployed to muster, look to the labor force participation rate.