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The Bank of Japan is preparing for higher interest rates next year, signaling the end of an era. Investors will need to adjust to increased rates across the curve, potentially leading to wider spreads during a recession. The global economy seems to be moving towards a recessionary path, with signs of a rolling recession on the horizon. Bloomberg Surveillance discusses these economic changes with Tom Keene, Jonathan Ferro, and Lisa Abramowicz. They also cover company earnings, including FedEx, Nike, and IBEX, as well as the future of Japan's economy.
