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March 2023 / VIDEO

Recession Avoided?

Positive economic news in the near term could mean a more hawkish Fed, which would be a headwind for the economy and equity markets.


Equity markets started the year on a positive note, boosted by economic surprises in the U.S. and improved outlooks in China and Europe. In our view, favourable economic news in the near term could mean a more hawkish Federal Reserve, which would be a headwind for the economy and equity markets.


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