Pimco’s Fels Says Worst Is to Come With Forecast of Recession
San Marco Square, an area usually packed with tourists, stands almost empty in Venice, Italy. (Photographer: Francesca Volpi/Bloomberg)

Pimco’s Fels Says Worst Is to Come With Forecast of Recession

(Bloomberg) -- The U.S. and Europe face the “distinct possibility” of a technical recession in the first half as the coronavirus outbreak dampens demand and supply and drives investors to safe have...
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