Copper down for 12 consecutive days, its longest losing streak ever. pic.twitter.com/hc7OskJnLM
— Anil (@anilvohra69) February 1, 2020
While a recession is hardly a guarantee, previous episodes have forced the central bank’s hand.
The global economic growth concerns that dominated last year are overshadowing Wall Street once again as the coronavirus threatens to hurt China’s economy.
Earnings volatility set to kick in as coronavirus worries mount t.co/yIf4n7UUQh
— Jennifer Ablan (@jennablan) February 1, 2020
Chicago PMI has no been in contraction (sub-50) for 7 months in a row – something it has not done outside of recession… ever