Dr. Monali Desai's avatar
Dr. Monali Desai
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Cardiologist
Dr. Monali Desai's avatar
drmonalidesai 5 months ago
Jerome Powell warns there’s ‘no risk-free path’ to avoid stagflation: ‘We have a situation where we have two-sided risk’ The Fed decided to cut interest rates to fight recently increasing unemployment, however this will also increase inflation on top of the expected increased inflation due to the Republican’s recent spending bill and in addition to higher prices from the Trump Administration’s tariffs. Assuming the Trump Administration doesn’t make any other economically detrimental policy changes, the US seems to be entering a stagflation era, as prices increase more Americans will spend less money and more Americans will be laid off by businesses losing money, so we should all plan for this. 🇺🇸 image
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drmonalidesai 5 months ago
Americans are worried about losing their jobs and increasing prices. 🇺🇸 The University of Michigan’s preliminary Survey of Consumers released on Friday, September 12th, showed that overall consumer sentiment dropped to 55.4% in September, a 4.8% decline from August’s reading of 58.2%. The headline consumer sentiment index is down by 21% from a year ago. Consumer sentiment decreased while government data showed a hiring slowdown along with an increase in inflation. image
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drmonalidesai 5 months ago
AI-Enabled Stethoscope Marks Leap in Early Heart Disease Detection in Recent Trial. TRICORDER included 1.5 million registered patients, more than 12800 AI-stethoscope exams performed by nearly 1000 providers. Results from Eko Health's AI-enabled digital stethoscope: Heart failure: 2.3x more likely to be detected Atrial fibrillation: 3.5x more likely to be detected Valvular heart disease: 1.9x more likely to be detected These findings were presented recently at the European Society of Cardiology Congress in Madrid. image
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drmonalidesai 5 months ago
Rising inflation and a deteriorating job market puts the Fed and Americans in a difficult spot as the US heads for stagflation 🇺🇸 Inflation rose last month as the price of gas, groceries and airfares jumped while new data showed applications for unemployment aid soared, putting the Federal Reserve in an increasingly tough spot as it prepares to cut rates at its meeting next week despite persistent price pressures. It would make sense for most Americans to save additional money as both prices and unemployment are expected to keep increasing. image
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drmonalidesai 5 months ago
Why are the ultra wealty spending millions of dollars to influence local elections across the United States anonymously? 🇺🇸 Dark money is flooding the 2025 Pittsburgh mayoral race. This is the second time in two years that deep-pocketed donors have concealed their identities behind a network of groups created largely to move vast amounts of money to influence Western Pennsylvania local elections without anyone knowing the individual contributors. image