Markets that spent two years anticipating a recession that never came took two days to price in surging odds of a recession that might come by invitation.
Assessing the damage. Cascade declines, washout selling, standoffish Fed, fundamental reckoning. A tariff off-ramp or ditch ahead?
Markets that spent two years anticipating a recession that never came took two days to price in surging odds of a recession that might come by invitation.
Assessing the damage. Cascade declines, washout selling, standoffish Fed, fundamental reckoning. A tariff off-ramp or ditch ahead?