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US Teetering Toward Recession, Stifel's Piegza Warns
Posted
January 26, 2023
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as posted by the channelThe US economy is seeing "a clear loss of momentum," Stifel Chief Economist Lindsey Piegza says on "Bloomberg Surveillance." GDP increased at a 2.9% annualized rate in final three months of 2022 after a 3.2% gain in the third quarter, the Commerce Department's initial estimate showed.
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