Chance of a recession by 2022 is 70 percent, according to a major investment firm

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Investors should be on guard for a recession in the next five years by stockpiling cash for the day when stocks and bonds – as they always do – go on sale.

So says Pacific Management Investment, the bond mutual fund giant known as Pimco.

“Investors should use cyclical rallies to build cash to deploy…

fromhttp://www.baltimoresun.com/business/ct-recession-prediction-20170531-story.html

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