A recession shock could wipe 30% off U.S. stocks, warns Oxford Economics
“An uneasy mood is rippling through markets. For starters, we’ve had chaotic scenes out of Hong Kong where police have been firing tear gas on protesters who amassed in the thousands to push back against a China extradition bill. That news has hit local stocks hard, and may be partly why we’re seeing some safe haven moves to gold, Treasury bonds and the Japanese yen.”
USAGOLD note: So starts this short piece that goes on to examine Oxford Economics worst-case scenario as captured in the headline to this post.