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‘A recession in the next 12 months is not in our base case’: Stocks are getting clobbered. Why smart investors are focusing on the long game

‘A recession in the next 12 months is not in our base case’: Stocks are getting clobbered. Why smart investors are focusing on the long game

The stock market ended a volatile week on a gloomy note Friday, with the three major U.S. indexes plunging as investors got tripped up in worries like inflation and the Fed’s fight against it and fears of a hard-landing recession.

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