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Wednesday, April 24, 2024

The stock market is about to be flipped upside down as inflation rebounds ahead of an upcoming recession, Bank of America says

A rebound in inflation and an upcoming recession are going to flip the stock market upside down, according to Bank of America. In a Friday note, the bank acknowledged that over the past three months, inflation has fallen to an annualized rate of about 0%. But that’s going to change due to a …

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