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SHOW THANK YOU VERY MUCH FOR THAT FOR MORE ON THE MARKET, CITI U.S. EQUITY STRATEGIST SCOTT KROEN IRIG, THERES A SEN WE COULD BE TALKING OURS INELVE INTO A RECESSION SO WHAT EXACTLY THEN IS THE PATH FOR MARKETS IF WERE IN THIS PATH OF UNCERTAINTY WITH THE ECONOMIC STORY. ITS THE TOPIC DEJOUR, AND THE WAY WERE THINKING ABOUT IT, WE HAVE CORRECTED WITH THE UP TICK THIS YEAR THATS MANIFESTED IN THE SP DRAW DOWN, MOSTLY VALUATION, AS OPPOSED TO EARNINGS DRIVEN. NEXT YEAR, OUR VIEW IS STR STRAIGHTFORWARD. THE ODDS FOR A MILD RECESSION SCENARIO, THATS THE BASE CASE WHETHER IT HITS OR NOT, WE THINK THE RECESSION EFFECTS ARE PULLED FORWARD IN THE FIRST PART OF THE YEAR, AND SO WHERE IT GETS KIND OF TRICKY HERE IN OUR VIEW IS THAT, YOU KNOW, WERE FINISHING THE YEAR PRESUMABLY ON A STRONGER NOTE. I THINK WE HAVE TO EXPECT WEAKNESS IN THE START OF THE YEAR AS WE FACTOR IN THE EARLY COMMENTS IN TERMS OF ONGOING DECELERATION OF KEY MACROS WHILE THE FED KEEPS ITS HAWKISH SPIN O
