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Home>Coins dealers headline>Why the coronavirus outbreak is delivering a fresh dose of recession fear to the stock market

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

IMG Auteur

USA Gold

Published : February 24th, 2020

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	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

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