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J&J has maintained that the merchandise don’t trigger most cancers or include asbestos. Booth has been warning of a recession for months despite most of Wall Street warming up to the prospect of a soft landing. Previously, she made the case that the US financial system was already in a recession regardless of persevering with to grow in 2023 and 2024, pointing to continued weak spot within the job market. Investors could see more indicators of financial weakening with subsequent quarter’s GDP figures, Booth mentioned, that are set to roll out on the finish of the week.