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Top Strategist Predicts Unemployment Doubling By Year-End, Inevitable Economic Hard Landing: 'Oh My Goodness, Be Careful Now'

Mizuho strategist Dominic Konstam voiced his concerns about an impending 'hard landing' for the U.S. economy. He postulates a potential rise in unemployment rates to 6% or 7% by year's end, a sizeable increase from the current low of 3.7%.
United States Dominic Konstam Paul Krugman Christophe Barraud Team Transitory Federal Reserve

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