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UBS Wealth Management raises odds of U.S. recession to 25% from 20%

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UBS Global Wealth Management has raised the odds of a U.S. recession to 25% from 20%, citing weakness stemming from softer jobs growth and the July unemployment data which stoked fears of a downturn. The brokerage in a note on Monday maintained its base case of a soft landing for…

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Click here to read the full story: Reuters

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