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Saturday, February 6, 2016

Citi: Fear the 'oilmageddon' recession - Feb. 5, 2016

Financial markets are trapped in a "death spiral," according to analysts at Citigroup.



The bank's research team described a "negative feedback loop" in the global economy and across financial markets. It is fueled by strong dollar, lower commodity prices, weak trade and declining growth in emerging markets.



Citi: Fear the 'oilmageddon' recession - Feb. 5, 2016

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