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A sturdy U.S. economy and AI-related activity will boost corporate earnings says Barclays.
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MarketWatch
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The conflict with Iran has already put fresh stress on the U.S. economy, as companies report rising prices, fewer orders and a decline in employment.
In the 1970s, soaring inflation — along with misguided efforts by Washington, D.C., to control it — wreaked havoc on the economy. In just under a decade, from 1973 to 1982, the U.S. suffered three severe recessions.