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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> consumer spending U.S. economy

U.S. has avoided a second recession: Deutsche Bank

Posted by RJ and Makay on Dec 13, 2011

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EconomyThe United States will avoid falling back into another recession, according to Benjamin Pace, U.S. chief investment officer at Deutsche Bank Private Wealth Management.  Pace made the statement at a press briefing today where he said that there were a number of legitimate concerns about the direction of the economy this past summer.