Mark Zandi of Moody’s joins “Squawk on the Street” to discuss the likelihood of a recession amid the market sell-off and concerns over coronavirus and an oil price war.
This is our most important canary and it's very, very dead t.co/R7UDfxJchE
— Not Jim Cramer (@Not_Jim_Cramer) March 9, 2020
Even before today, financial conditions were tightening at the fastest pace since the 2008 crisis.Markets buffeted by coronavirus fears were thrown into tumult Monday by the potential of a full-blown oil-price war. The next pain point to watch is in credit, from frozen primary markets…
QE announcement next week? t.co/z6VJSNdoie
— Sven Henrich (@NorthmanTrader) March 9, 2020