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Analysis: The market is pricing in a recession

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2025-03-04 15:47:47
The Kobeissi Letter, an analyst, wrote: "The current situation is as follows: technology stocks plummet as if tariffs were here to stay; oil prices fell to four-month lows on demand concerns; gold climbed to record highs on uncertainty; bond prices rose as if rate cuts were about to return; crypto markets fell and billions evaporated; interest rates fell as if the economy was slowing. Markets are pricing in a recession."
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