Market Sell-off, Recession, Rate Cut Expectations

This is a news story, published by Yahoo Finance (Canada), that relates primarily to Josh Schafer news.

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recession

Yahoo Finance (Canada)

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Stock sell-off, Sahm rule, rate cut predictions: Market wrap

Summary

Nutrition label

69% Informative

Yahoo Finance reporter Josh Schafer analyzes the day ’s top market movements, including the market sell-off, the triggered Sahm-rule recession indicator, and shifting Federal Reserve rate cut expectations.

For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend.

Shafer thinks this heightens concern for recession to come in 3 to 6 months .

But given the pandemic, given the increase in immigration, we've seen which contributes to unemployment.

There's kind of some special dynamics here and she thinks the consumer has largely held up.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity