
Recession fears recede, but inflation's still a big risk - 3 chief economists on the global outlook
Radio Davos
00:00
Globalization and De-Globalization
On the cyclical side, we are seeing a slowdown in economic activity. But businesses, as I mentioned, are eager not to let go of their workforce too rapidly because they struggle to get the right size of talent pool into the doors. That being said, oftentimes recessions are nonlinear. We have a sudden shift that leads businesses and consumers to retrench more rapidly.
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