A 'recession shock' is coming, BofA warns - Economic Times

'Inflation shock' worsening, 'rates shock' just beginning, 'recession shock' coming , BofA chief investment strategist Michael Hartnett wrote in a note to clients, adding that in this context, cash, volatility, commodities and crypto currencies could outperfo…

The macro-economic picture is deteriorating fast and could push the U.S. economy into recession as the Federal Reserve tightens its monetary policy to tame surging inflation, BofA strategists warned … [+1179 chars]

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