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‘Soft Landing’ Is Out. ‘Growth Recession’ Is In.

The Breakdown

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The Fed Is Planning on a Recession

Stocks have fallen every day since fed chair jerome powell's speech at jackson hole. Analysts are noting that no real contraction in corporate earnings has shown up in financial statements so far, and therefore hasn't been priced in. The equity market appears to have already priced in a mild recession, according to brent schut, the chief investment officer of northwestern mutual wealth management.

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