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Bank of Japan's next move is anticipated to result in higher interest rates, signaling the end of an era. Investors must prepare for wider spreads when a recession hits. The global economy is on track towards a potential recession, creating a rolling cycle. In the financial world, discussions focus on Japan's future path and upcoming company earnings, with a positive outlook on equity futures. This is Bloomberg Surveillance with Tom Keene, Jonathan Ferro, and Lisa Abramowicz.