Earlier last month, a poll conducted by The Economist and YouGov showed that Americans view employment and inflation as their 2 most important issues, yet they were not even vaguely apprised of what was actually going on in the economy.
My job is to explain where the markets are heading based on what is happening in the economy, as simply as possible, if not simpler. There are three big factors that drive it: employment, productivity and inflation. And each of these is affected by its own set of specific factors.
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By Hubert Marleau
