Barclays says recession fears are returning

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Barclays strategists said on Friday that stock investors were gearing up for a mid-to-late expansionary cycle, however, following a spike in volatility in April, fears of a recession have been reintroduced.
“For the first time this year, there has been a substantial uptick in the performance of our recession business cycle baskets,” strategists wrote in a note.
These baskets…

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