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Recession becoming a distinct possibility, strategists say

News Team, 22/07/2022

Strategists believe recession is a distinct possibility if not inevitable, according to a new survey.

Natixis Investment Managers conducted a survey of 34 market strategists, portfolio managers, research analysts and economists.

It found 24 percent believe a recession is inevitable in the second half of 2022, while 64 percent believe it is a distinct possibility.

Those surveyed see energy prices (76 percent), food prices (64 percent), and wage hikes (61 percen...


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