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Another recession? Southern California's economy ready to fend off fears

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Eight years after the Great Recession, weaknesses still plague the global economy. Wall Street is roiled in volatility, oil prices have plummeted and wages have been slow to rise.

No one likes to utter that dreaded "R" word, but these factors beg the question: Is the U.S. headed for another recession? And if so, how would Southern California's economy hold up?

Recession not likely

David Schiegoleit, a managing director of investments for the Private Client Reserve division at


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