Surveillance: Michele sees recession by year end
Bloomberg Surveillance
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The Fed's Rate Hikes and Recession
You said that things are playing out as they should to get to a recession by the end of the year. Does that mean we're going to see a rapid deceleration in some of the economic data? Absolutely. The one thing that seems to have gone under the radar, forget about what's going on in China, look at the Bloomberg commodities index. And the trend is diving south at a rate that you only see headed into recession.
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