Merchants work on the ground of the New York Inventory Alternate on February 27, 2020.
Scott Heins | Getty Photographs
Fears that the fast-spreading coronavirus will disrupt world provide chains and tip the economic system right into a recession are gripping buyers on Wall Road.
In a tumultuous week for equities, the 30-stock Dow swung 1,000 factors or extra twice inside three days. The Dow misplaced practically 1,000 factors (greater than 3%) on Thursday, and added much more sharp declines on Friday, tanking greater than 750 factors.
Whereas uncertainty reigns, Financial institution of America created a listing of attainable recession triggers to watch the state of the markets and the economic system.
This is the total checklist of potential recession triggers to observe, in response to Financial institution of America.
- U.S. shopper power waning
- Small enterprise confidence collapses beneath 100
- Jobless claims climb above 250,000
- Decrease U.S. mortgage exercise
- Probability of President Trump being reelected dipping
The place does the economic system stand?
The U.S. shopper is the "key as to if...
Supply cnbc.com
