I think everybody is waiting for the employment data. If unemployment is still dropping when we've just had a report showing productivity is declining, then the Fed would be really concerned about wage inflation. That would mean we would be more likely to see more than one or two rate hikes.
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What if in 20 years we say, 'small schools What was that all about' We're trying to build for a variety of uses because we know it's going to change.Ed Peters
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There was a shot of optimism from the Fed minutes and I think that's what has carried the market through so far.
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