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    • RECESSION: IS ECONOMIC TURMOIL INEVITABLE?

      What assets survive in a volatile time? AUSTIN, Texas, May 23, 2023 In the face of multidecade high inflation, the Federal Reserve rapidly raised the federal fund's interest rates to the highest in over a decade.   Signals such as declining manufacturing data and an inversion in the treasury yield curve indeed point to an economy on its way to a recession, if not already there.

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