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Strategy Report

Missing Older Workers Give The Fed A Lingering Headache

by Dhaval Joshi, Chief Strategist  

1 in 17 older Americans workers have gone missing either through ‘excess retirements’ or ‘excess mortality’. The consequent dislocation of the labour market means that the Fed’s work is not yet done. We go through some investment implications. Plus: the China and Japan rallies are exhausted.

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