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250: Rallies, soft landings and rate rises - Market Talk

L&G Talks Asset Management

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Is There a Recession?

Q4 GDP beat expectations as the headline figure, but we all know you're going to dig in beneath the headline figure. We've seen a definite weakening of retail demand from the retail sales and that really tallies there. So things are deteriorating, I'd say, despite that Q4 number that we saw, but there isn't a recession yet it's not deteriorating to the same level as a as a recession.

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