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Global Recession Looming?

7:40 PM ET Wed, 13 June 2012

CNBC's Larry Kudlow reports Spain has been hit with a double downgrade by Moody's. Brian Wesbury, First Trust Advisors; Michael Ozanian of Forbes Magazine; and Jeff Kleintop, LPL Financial, weigh in on the pulse of the global markets. "I have no doubt we will be in a recession by the end of this year," says Ozanian.