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Friday, April 19, 2024

ROACH: HIGH PROBABILITY OF DOUBLE DIP RECESSION

ROACH: HIGH PROBABILITY OF DOUBLE DIP RECESSION

Courtesy of The Pragmatic Capitalist

“I think global growth is going to be anemic and I’d put a 40 percent chance on a double dip at some point in the next couple of years,” Stephen Roach, chairman, Asia of Morgan Stanley, told CNBC Friday. Marc Faber, author of the “Gloom, Doom and Boom Report” joined the discussion.

 

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