
U.S. Retail: Mining for Gold Amid Abandoned Malls
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Are We Going to Have a Classic Recession?
"It's so difficult for me at least to see ahead with all the uncertainties and the directions that these catalysts could go," he says. "I think we're going to have a classic recession. It's not going to be a global crisis like 2008 or going back to 2001, where you have this global event take place." The U.S. economy has already had two quarters of contraction.
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