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Loss of momentum isn’t just happening in the US; it is very well synchronized globally, with practically the same pattern showing up everywhere. Updates from neighbors Canada and Mexico show a deepening downturn at the end of last year, especially Mexico putting up its deepest contraction since April. Over in Europe, Germany fell back, bringing Italy down with it. Plus, global bellwether Switzerland experienced its own “unexpectedly” sharp setback.
Video Length: 00:21:59
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