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United States: Revisiting our “Year of Two Halves” Theme

By Christian Menegatti and Prajakta Bhide

  • We maintain our calls for a subpar recovery in the United States (and in most of the advanced world) and for a V-shaped recovery in much of the emerging world.
  • Leading indicators are pointing to a slowdown but not a double-dip recession.
  • With no inflation in sight,…

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