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Nothing Destroys Inflation Like a Recession | Darius Dale

Forward Guidance

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The Worst Place to Be in an Economic Environment

Financials is probably the worst place to be if in this kind of environment, flattening yield curve, cyclical slowdown, potential recession. From an industry perspective, I don't believe that we are very much sort of taking the under on the consensus expectation that we're going to have a big US economic boom in 2022. If anything, we think there's a high probability of a slowdown to a below trend state by the end of the year.

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