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BlackRock Bulletin

No 2008 redux, but recession coming

The market gyrations of the past week are not rooted in a banking crisis, in our view, but rather are evidence of financial cracks resulting from the fastest interest rate hike campaigns since the early 1980s. Markets have woken up to the damage caused by that approach – a recession foretold – and are starting to price it in.

MARKET INSIGHTS

BlackRock Investment Institute's Global Weekly Commentary

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