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U.S. Recession Looming

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A Reuters poll showed on Thursday that the U.S. Treasury yield curve will invert next year, possibly within the next six months, much earlier than forecast just three months ago, with a recession to follow as soon as a year after that. Those expectations come on the heels of a deep sell-off in global stocks and the flattening of the U.S. yield curve. The U.S. economy, currently in its second-longest expansion on record.

Added on the 12/12/2018 20:25:40 - Copyright : Wochit

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