Katie Barnado
Appearances
WSJ What’s News
Recession Fears Rise as Global Selloff Continues
Meanwhile, we saw the US dollar weaken to its lowest of the year yesterday, but it's still holding near those lows. That's a bit of an interesting dynamic in that tariffs would typically cause the dollar to strengthen, but at the same time, it is viewed as a bit of a bet on the strength of the US economy. The other asset of interest is
WSJ What’s News
Recession Fears Rise as Global Selloff Continues
Global oil prices, they are continuing to fall off fairly steeply this morning, and that is on concerns about global demand and, again, on global recession.
WSJ What’s News
Recession Fears Rise as Global Selloff Continues
Perhaps the most notable is the fall in Treasury yields this morning, down below 4%. That is the lowest level since October. And that would appear to be on rising concerns about a US recession or even a global recession. Yesterday, we had JP Morgan say it now thinks a global recession is more likely than not this year. It puts the risk at about 60%.