The Greatest Cash Outflow Since February 22 Has Just Occurred In The Stock Market

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https://twitter.com/leadlagreport/status/1606298401401757697


Blackrock: Central banks are ‘deliberately’ causing recessions

“Many experts have already sounded the alarm on the U.S. economy. But you still want to pay attention to what BlackRock — the world’s largest asset manager — has to say for a very simple reason: it’s predicting a recession unlike any other.

“Recession is foretold as central banks race to try to tame inflation,” BlackRock’s team of strategists write in their 2023 Global Outlook.

In fact, the strategists believe that central banks are “deliberately causing recessions by overtightening policy” in an effort to bring price levels under control.”

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