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Expect a Recession by Year End Says Stockman

  In this clip, Former Reagan OMB Director David Stockman talks with CNBC’s Jackie DeAngelis and the Futures Now traders about a potential recession. He states, “This time it’s different… we are looking into the jaws of a recession, it will become more evident by the week … [Everyone] in the market is going to panic when they face recession and the Fed can’t do anything…”