Surveillance: Subramanian Lifts S&P 500 Target
Bloomberg Surveillance
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The Hyman Recession and the Hyman Disinflation
We are waiting to see if one year's worth of incredible tightening, I mean, really historic, is going to have the effect. For us, essentially, what it comes down to is we do expect a recession to begin sometime in the second half. That means down first and then likely back up, essentially, to here. So think about it. Everything has been in between for the last seven months.
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