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Mohamed El-Erian: The consensus forecast on recession risks complacency

Planning for a range of outcomes is preferable to relying on a shaky prediction. You would think that, after the chastening delivered by last year’s transitory inflation call, consensus forecasters would be more open-minded in how they describe the US recession they see coming in 2023. Yet they are confidently asserting that this recession

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Posted: November 28, 2022 Monday 10:47 AM