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We don't know where the next recession is.

All we know is that this expansion is about six and a half years old

and that's longer than the average expansion.

We're getting signals which are distorted

cause interest rates are too low.

It would be a terrible commentary and a terrible thing in reality if it takes an overt crisis to get agreement

or get progress and then you're risking things going crazy.

Bloomberg surveillance, your link to the world of economics, finance and investment on Bloomberg Radio.

Good morning everyone, Michael McKee and Tom Keen this Thursday before jobs day.

Coming up Stuart Offman of PNC, we'll look at a fair, using balanced view of the American economy from Dr. Hoffman.

Really looking forward to talking to Stuart Hoffman.

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