The Recession Questions: Yes, No, When and How Bad?
Notes on the Week Ahead
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Introduction
The odds would seem to slightly favor avoiding a recession through the end of 2023, but not until 2024. Whenever a recession occurs, it will most likely be much milder than the last two downturns. Any recovery would likely be very weak, allowing for a contingent downward drift in inflation,. interest rates in the dollar and important implications for long-term portfolios.
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