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dot com to get context. Welcome to the Bloomberg surveillance podcast. I'm Tom Keene.

Daily, we bring you insight from the best in economics, finance, investment, and international

relations.

Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course, on the Bloomberg. PIM why did you bring in the esteemed economist from

Oh yes and in fact I have to say I was just watching it on watching you

speak with Catherine Mann, Citigroup's global chief economist

while you are on television.

Catherine Mann, it's always a pleasure. Thanks very much for being here. Can

you explain what the real relationship is between the performance of the U.S. economy and the

performance of the U.S. stock market?

Well, actually, the two of them make sense right now. I mean, the U.S. economy is doing

extremely well. I mean, the unemployment rate is quite low. There's a

tax cut. Profits are high. Growth is strong. You know, it makes perfect sense that stocks should be very elevated now you got to

ask the question though we knew that growth was going to be really strong and

we knew that unemployment was going to be really low and we knew that unemployment was going to be really low and

we knew everybody was going to get a tax cut so maybe it's a little overdone.

When you say overdone meaning the exuberance the enthusiasm to buy stocks?

...