What Could Go Right And What Could Go Wrong

"Recession is a key downside risk," Goldman's David Kostin mused, in his latest note. It's tempting to chuckle at trite observations, but the fact is, that's all any of us are capable of these days. Transcripts of Q1 earnings calls were a Rolodex of banality. Ironically, our collective inability to say anything original stems mostly from the fact that these times of ours are so extraordinary. The macro outlook is so hopelessly fraught that we're reduced to vapid assessments. "Uncertainty is hi

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