Nomura Now Forecasts Global Recession As Its Base Case
Jul 1st 2022 9:25am EDT
Nomura Now Forecasts Global Recession As Its Base Case Less than two weeks after Nomura became the first bank to one-up Deutsche Bank’s “US recession” base case, by forecasting a contraction in the US economy in late 2022 (unlike DB’s 2023 prediction), coupled with a sharp Fed pivot and rate cuts all the way back […]
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