Recession roils markets but not yet alarming

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Recession roils markets but not yet alarming

Transcript
00:00U.S. recession risks is making global equity markets plummet and bets on interest rate
00:05cuts to surge.
00:06However, the sell-off has been mostly caused by investors giving up on the yen, which has
00:12complicated the signals from asset prices about the direction of the economy.
00:16Moreover, Goldman Sachs is expecting a 25% chance of a U.S. recession, while JP Morgan
00:23sees a 35% chance, which will begin before the year-end.

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