Traders are readying for the new week coming out of a tumultuous five days.
"Given the conditions that we are operating under, we believe it's prudent to begin preparing for a recession," he added."The talk of a shallow recession that is now the narrative-du-jour strikes us as eerily similar to the 'inflation is transitory' narrative of last year."
Last week brought heightened concerns that corporate earnings will show the ugly side of a surging dollar asMarket observers generally consider the week ahead the kickoff to earnings season, with four of the world's largest banks –
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