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Surveillance: Harris's recession forecast
Bloomberg Surveillance
The Recession That Everyone's Forecast Materializes
I don't believe that cycles are necessarily dead. It's probably because you have what we like to call cycle extenders in play. Negating all of the power of leading indicators to me is not prudent in this environment. So Germany has a recession. Europe still has an inflation problem. As you anticipate that growth downturn in the United States, you also envision that maybe we have a sticky inflation problem too simultaneously.
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