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Oil, Banks, ECB, Consumers, and Ned Lamont (Podcast)

Bloomberg Intelligence

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The Risk of a Recession in the Stock Market

The top 10% of wealth in this country owns 80% of stocks. So I think Powell made it clear that price inflation, they're going to squash it. Historically, yeah, employment is what precipitates a recession. And so if you look at that, low financial expenses, a global arbitrage of labor and supply chains are now headwinds.

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