It will be nearly impossible for the North American economy to avoid a recession, Earl Davis says. Read more.
“The likelihood of a recession is 99.9 per cent,” Earl Davis said Wednesday on BNN Bloomberg Television. “Why do I say that? The central bankers actually want a recession.”Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
| 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way. If you don't see it, please check your junk folder.We encountered an issue signing you up. Please try againDavis, who is chief of fixed income and money markets at BMO Global Asset Management, said a recession could easily drag into 2024.
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99.9% odds of Fed-induced North American recession, BMO fixed income head saysIt will be nearly impossible for the North American economy to avoid a recession, Earl Davis says. Read more.
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