Here we go again. The headlines are bleating that the global economy is tipping into recession. This time around, the concerns focus on the steep decline in crude oil and other commodity prices and the imbalances stemming from a global glut and faltering demand. MRP believes, however, that these sector-specific issues do NOT herald a global recession. But we do think stocks face other headwinds.
Consumers in the U.S. and in oil-importing nations have benefited dramatically from low oil prices at the pump. Thanks to a mild winter so far, U.S. middle class and low...

 

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