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This is

is Bloomberg surveillance. I think the key thing for Draghi is to basically make it clear that he understands

all the issues that people have.

The job market is not as competitive as we like to think.

There are frictions in the job market.

Bargaining power matters.

Economic data is improving.

It will not only back away from recession fears.

We'll maybe get to the point to where we embrace an idea of a synchronized

bounce globally.

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

on Bloomberg Radio.

Good morning. It is 7 a.m. on Wall Street, 2 a.m. in Honolulu.

Late breaking news, Donald Trump wins the Hawaii Republican Caucus. He also won in

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