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Former Treasury Secretary Lawrence H. Summers warned that the US is now likely headed toward a recession, with potentially 2 million Americans put out of work, thanks to the tariff increases now in train http://bloom.bg/3G36tbd | Bloomberg
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Almost every recession since 1955 has been preceded by an inverted curve, except recently when it inverted in 2022. Liz Capo McCormick explains what a yield curve is and how a curve disinversion could signal a downturn is soon approaching https://trib.al/XsBcDV2 | Bloomberg
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