Bloomberg Daybreak: US Edition cover image

Global Banks Under Pressure; Apple Work on New Tech

Bloomberg Daybreak: US Edition

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The US Could Be Heading for a Recession

Analysts are pointing to more systemic risks for some of these small and mid sized lenders. If we start to see more of that happen pulling back on lending, that raises the question about whether the US could actually be headed for a recession. A lot of people say that these headwinds for these smaller banks really don't end until the Fed does cut.

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