Surveillance: Renewed Recession Fears Rattle Wall Street
Ben Laidler, eToro Global Markets Strategist, says a "recession freight train" is picking up speed. Amrita Sen, Energy Aspects Chief Oil Analyst, says a mild global recession is already priced into energy markets. Still, she says prices are unlikely to slip below $80-$90 a barrel. Jordan Rochester, Nomura G10 FX Strategist, says the euro's slide against the US dollar will continue due to rising natural gas prices and the risk of a global recession. John Ryding, Brean Capital Chief Economic Advisor, says recession is inevitable, but not imminent.
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