Politics
White House Economic Adviser Hassett estimates productivity growth right now at 2.5%; base case on GDP growth, should be around 4%
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White House Economic Adviser Hassett estimates 2.5% productivity growth, a 4% GDP growth base case, core inflation near the Fed target, and external debt around USD 15 trillion.
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Lot of its debt is what they owe themselves. External debt maybe around USD 15tln. 30yr TIPS yields tell you capital returns higher now. 3mth annualised core inflation is around the Fed's target.
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