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These two leading indicators suggest a U.S. recession has already begun, according to Wall Street’s favorite permabear


Wall Street’s favorite permabear is back with a warning for anybody who believes the U.S. economy is destined for a “soft landing” in 2024.

In his latest note to Société Générale clients, Albert Edwards, the Société Générale global strategist widely followed for his bearish takes on the economy and markets, highlighted two leading employment indicators that have preceded economic downturns in the not-too-distant past.

These…

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This story originally appeared on Marketwatch

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