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Europe@feddit.orgEnglish · 3 days ago

US stocks shed $5.4tn in two days as Trump’s tariffs stoke recession fears

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US stocks shed $5.4tn in two days as Trump’s tariffs stoke recession fears

cyrano@lemmy.dbzer0.com to

Europe@feddit.orgEnglish · 3 days ago

China’s retaliation against Washington’s levies adds to sense of gloom across global markets

https://archive.is/2025.04.04-200922/https://www.ft.com/content/b1eda0a8-6449-4fe5-b8c6-a2afebadc823

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2 days ago

two consecutive quarters of negative GDP growth is a common rule of thumb

That can be a blip, or turn into major shit. But feels don’t count here. The definition is prolonged economic downturn.

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