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Charles Schwab's expert has a forecast for an imminent US recession.


Liz Ann Saunders, strategist at Charles Schwab, suggests that the US will face a recession as the Fed tightens policy, which could lead to the discovery of weaker players in the market. In light of the shrinking liquidity availability, many companies, including start-ups and zombies that have survived on high liquidity and low interest rates, may struggle. Such problems have already become clear, Saunders said, with the failure of Silicon Valley Bank and the collapse of other regional banks in the US and Europe. She believes that the Fed's rate hike could lead to more bankruptcies and a worsening financial outlook.

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Forex Award | World Forex Award | Forex
Forex Award | World Forex Award | Forex
Forex Award | World Forex Award | Forex
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