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Barry Ritholtz: Don't Believe Billionaires' Predictions

This week, the real estate mogul and billionaire Sam Zell said, "There is a high probability that we are looking at a recession in the next 12 months." The culprit, he told "Bloomberg Go," was the strong dollar and slowing global trade, the beginnings of layoffs at multinational companies and a general lack of demand. The bears of the

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Posted: December 18, 2015 Friday 10:52 AM