Home Business The Bear arrives on Wall Street, the specter of recession is scary

The Bear arrives on Wall Street, the specter of recession is scary

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The Bear arrives on Wall Street, the specter of recession is scary

The economy slows, but central banks show no signs (so far) of wanting to soften the tightening on rates. And fear is on the air on the markets: yesterday Wall Street – with its more “classic” index, lo S&P 500 – entered the phase “Bear” during negotiationsa threshold that is triggered after a drop of more than 20% compared to the previous maximum, even if it regained ground in closing (+0,01%)moving away from those values ​​by a whisker.

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