Recession Unlikely According To BoA, while MKM Sees 1937 ParallelsRupert Hargreaves
At first glance, recent data from the industrial and transport sectors indicates that the US is heading towards a recession. However, while some figures indicate that a recession could be just around the corner, the usual preconditions are not in place, and the most effective indicators are signalling a low risk of recession according to a research note issued by Bank of America's US economic research team to clients this week . . .
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