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Liontrust Sees 'Not Enough Compute' for Citrini Scenario
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Clare Pleydell-Bouverie, Liontrust fund manager, discusses market concerns following a report by Citrini Research that described a hypothetical economic plunge in which mass white-collar layoffs create a deflationary cascade that pushes the unemployment rate above 10% while stock prices are wiped out. "There is simply not enough compute that's going to be available in that scenario for that to happen," Pleydell-Bouverie tells Bloomberg TV.