
What the banking turmoil means for investors’ portfolios
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Recession Odds - Is There a Recession?
The investment strategy group had a 45% to 55% probability of recession in the US over the next year. Do you think financial markets have reacted in line with the information that's available? Or do you think there's been an overreaction in a certain direction? The jury is still out as to whether the fixed income markets have moved too quickly or equities have moved too slowly, we say.
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