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Institutional Investor (April 14)

2016/ 04/ 16 by jd in Global News

In the U.S., “freakishly mild meteorological conditions this winter gave a major boost to the economy, which otherwise would likely have contracted in the first quarter. Moreover, the weather has set investors up for a shock.” With a return to the recessionary trend likely during the second quarter, there will be “exaggerated drops from the weather-boosted first-quarter figures.”

 

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