Why the coronavirus outbreak is delivering a fresh dose of recession fear to the stock market

IMG Auteur
 
Published : February 24th, 2020
122 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...

MarketWatch/Mark DeCambre/2-23-2020

“The old saw used to be that when the U.S. sneezes, the rest of the world catches a cold. Now, a more apropos adage for market bears may be that when an outbreak of coronavirus grinds the world’s second-largest economy to a halt, the rest of the world catches a recession.”

USAGOLD note:  This article explores the developments in China generating recession concerns on Wall Street. Last week, the yield curve again dropped below the zero line, a circumstance that in the past has been a harbinger of a recession – and as we pointed out in the February edition of News & Views potentially a harbinger of higher gold prices as well.

Source:  Federal Reserve Bank of St. Louis

Read the rest of the article at USA Gold
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
error

 

 

THE REQUESTED URL IS UNCORRECT

World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
error

 

 

THE REQUESTED URL IS UNCORRECT

Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.