If You Think the U.S. Is in Recession, Start Buying Stocks Now
Deutsche Bank’s Slok says any downturn would be short-lived.
Is the U.S. Recession Bound?
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Worries that a recession is in store for the world’s largest economy, if it hasn’t begun already, have dominated financial markets so far this year, and sluggish fourth-quarter growth has done little to assuage those fears.
But Deutsche Bank AG Chief International Economist Torsten Slok has some counterintuitive advice for his most pessimistic clients: Buy.