Economist Stephen Roach warns that the US needs a miracle to avoid a recession

Economist Stephen Roach warns that the US needs a miracle to avoid a recession

Negative economic growth in the first half of the year may be a harbinger of a much deeper downturn that could continue into 2024. Stephen Roach, who served as president of Morgan Stanley Asia, warns that the US needs a “miracle” to avoid a recession. “We will definitely face a recession as the late effects …

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