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It's clear that the Bank of Japan will be making changes next year, marking the end of an era with higher interest rates. Investors need to prepare for wider spreads and a possible recession. The global economy seems to be heading towards a recessionary path. Bloomberg Surveillance with Tom Keene, Jonathan Ferro, and Lisa Abramowicz discuss the changing economic landscape. Equity futures are up, with company earnings from FedEx, Nike, and IBEX in focus. Japan's economic outlook and the path forward are also discussed.