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Good morning. Interesting info. I’m “suspicious” of the 8.5% increase and ultimately expecting a downward revision. If one considers that inflation is running (officially) >7% (real inflation is certainly >10%) that makes the real increase <2%. Which is dismal. Time will tell. First look at new unemployment claims today. Betting they are higher than “expectations.” I’ll chime back in if I’m wrong and take my medicine. LOL.

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