In the wake of a sturdy first half characterised by ebbing inflation, stellar tech-driven stock market performance, and soaring bond yields, economists and investment strategists predict a reduced recession risk for the latter half of 2023, a survey by Natixis Investment Managers shows. “Recession is still a real possibility, but most expect a softer landing,” said Mabrouk Chetouane, head of global market strategy at Natixis IM.
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