NewsFeeder
Headline News
- Reaction score
- 3
'D' word rears head as coronavirus-hit markets brace for recession
The coronavirus shockwaves rippling through U.S. stocks are forcing investors to contemplate outcomes more dire than a recession, including several quarters of declining economic activity, a credit crisis or even a depression. "This market looks like it has already priced in most of a garden variety recession," said Frances Donald, global chief economist at Manulife Investment Management. "It is now on top of that having to price in some probability of a credit crisis."
https://finance.yahoo.com/news/d-word-rears-head-coronavirus-050658349.html?.tsrc=rss
The coronavirus shockwaves rippling through U.S. stocks are forcing investors to contemplate outcomes more dire than a recession, including several quarters of declining economic activity, a credit crisis or even a depression. "This market looks like it has already priced in most of a garden variety recession," said Frances Donald, global chief economist at Manulife Investment Management. "It is now on top of that having to price in some probability of a credit crisis."
https://finance.yahoo.com/news/d-word-rears-head-coronavirus-050658349.html?.tsrc=rss