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Macquarie Third Party Authority Form

Macquarie Third Party Authority Form

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let me start off with our m live pulse question and to me it kind of goes hand in hand but what's a bigger risk for the markets is it recession or is it inflation well they sort of go hand in hand don't you really um and so that's the key risk really for markers at this stage you know the markets are already accounting for what we've seen so far and the expectation of central banks accelerating uh the policy stance which obviously you know i think we'd all agree central banks really have been behind the curve really playing a balancing act between not wanting to stifle recovery uh but wanting to keep inflation in check unfortunately hasn't quite worked and so they're having to accelerate that uh that pilot the interest rate policy so for markets from a from a sentiment and from a volatility perspective we certainly see the next stage of this around risk is recession and what's the probabilities of recession it's certainly looking more likely to us that the us could go into recession by

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