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Analyst Warns U.S. ‘Definitely’ Headed Towards Recession

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Appearing Tuesday on the Fox Business Network, Stephen Schork, principal of The Schork Group, painted a bleak picture of the U.S. economy.
A transcript …

Appearing Tuesday on the Fox Business Network, Stephen Schork, principal of The Schork Group, painted a bleak picture of the U.S. economy. A transcript is as follows:
MARIA BARTIROMO: Your reaction to these moves in terms of gasoline pulling back? Do you see that as a positive for a longterm move? STEPHEN SCHORK: At $4.96, absolutely not. We’re still at unprecedented levels at this point.

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