Oil, lumber and copper are key commodities signaling a recession is likely to hit this year, a veteran market strategist says

Financial

Plummeting commodity prices are signaling that there will be a US recession in 2022, according to veteran market strategist Joe Terranova. Investors are increasingly fretting about the risk of a severe and sustained downturn, as the Federal Reserve aggressively hikes interest rates to tame soaring inflation. But in dampening demand, it risks curbing economic growth….

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