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Strategy Report

The Coming Seinfeld Recession

by Peter Berezin, Chief Economist & Head of CoreMacro  

Recessions often begin seemingly out of the blue when the economy’s temperature falls enough to set in motion adverse feedback loops that cause unemployment to rise. We expect the US economy to suddenly freeze over towards the end of this year or in early 2025. For now, a benchmark allocation to equities is appropriate, but a more defensive stance will be necessary later this year.

BCAリサーチ | Global Investment Strategy

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