More than a year ago, hopes were high for a jump in activity after a pandemic, encouraging economists and optimistic investors to bet that the United States is entering a NEW turbulent twenties.

Jill Schlesinger

“What a difference a year makes,” said Neil Shearing of Capital Economics. The story has now turned, as fears of a recession have spread, Shearing thought, “Is this latest story more convincing than last year?”

Jill On Money: Can curves predict recessions?

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