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We're in a Good Position to Counter the Economic Threat From Russia
A survey of global fund managers last November, 70% of that sample expected a firm recession. Only 24% of that fund managers survey now expect a recession. That really is a big change in sentiment and we're seeing markets pushed through new highs. But I think overall, certainly for the economy, we narrowly avoided recession as we know. Although it certainly feels like a recession. Going forward, we're now in a good position. And I think we have counter to a certain extent the economic threat from Russia.