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Fears of Recession Grow As Markets Slide Further on Rate Hikes

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Overview

  • Stock sell-off deepens as investors brace for higher rates and potential recession.
  • Some analysts see opportunities in beaten-down stocks, but many remain cautious.
  • Fed policymakers signal rates will continue rising to combat inflation.
  • Key indicators like manufacturing data point to an economic slowdown ahead.
  • Strategists debate whether markets have bottomed out or still face downside.