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pretty much a 100% chance of a recession which is ever particularly good for stocks, particularly good for stocks, particularly given we are in an environment where central banks don't have any ammunition to support and in fact are going in the opposite direction to try to contain the inflation that we are going to get because of the rising commodity prices. because of the rising commodity rices. �* , , prices. and this is fundamentally - prices. and this is| fundamentally the prices. and this is - fundamentally the problem prices. and this is _ fundamentally the problem when we talk about sanctions or trade was as there are rarely any winners when free trade is not able to operate as it should and therefore what we could see here and you talk there the chance of a recession is that actually while these sanctions target the russian state they are also hugely damaging for the global economy. damaging for the global economy-— damaging for the global econom . , . damaging for the global econom. , , ., economy. yes indeed. basic plea there is always _ economy. yes indeed. basic plea there is always the _ economy. yes indeed. basic plea there is always the price - economy. yes indeed. basic plea there is always the price that - there is always the price that is going to have to be paid already on the back of the moves that were implemented last weekend, not this weekend, now talking of an oil embargo when we already had a problem

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