U.S. financial progress rose 2.9% in This autumn 2022, down 0.3% from the prior quarter however stronger than forecasts. Markets rallied on the information, as some traders noticed cooler-but-growing GDP as proof {that a} mushy touchdown could also be doable. Andreas Steno Larsen joins Maggie Lake to discover some mysterious information contradictions now popping up — and why a recession might have began many months in the past. Then, Francis Gannon of Royce Funding Companions joins the present to dive into why small-caps might provide fairness traders the very best worth on this market surroundings.
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Recession: Previous, Current, or Future?
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