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Tuesday, September 27, 2022

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Hot US Job Market Could Ease Sting of Any Recession

(Bloomberg) — Fiona Cincotta, senior financial markets analyst at City Index in London, joined this week’s “What Goes Up” podcast to discuss what she expects in markets, especially as US investors brace for what some say is the increasing potential for recession.“I think a ‘soft landing’ is optimistic—we’ll put it that way,” Cincotta says, adding that she puts the probability of a downturn in the near future at more than 50%. Howeve…

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