Categories: Economy

Market turmoil: Are we heading for a world recession?


👉 Take heed to Sky Information Day by day in your podcast app 👈

At this time has seen chaos on international inventory markets, with worth plunges paying homage to the well-known Black Monday crash of 1987. Again then, the causes have been unclear, whereas as we speak there is not any doubt – Donald Trump’s “liberation day” tariffs have spooked the markets.

In 1987, individuals feared Black Monday was an indication of a world recession. They have been unsuitable. Are we proper to have the identical fears as we speak?

Tom Cheshire is joined by Sky’s Darren McCaffrey and stockbroker Russ Mould to debate what may come subsequent.

admin

Recent Posts

Medical doctors and lecturers supplied 4% pay rise in England and Wales

Medical doctors and lecturers might be given a 4% pay rise after the federal government…

12 hours ago

Phoenix Group plots rebranding beneath historic Commonplace Life title

Phoenix Group, the FTSE-100 pensions supplier, is plotting to rebrand itself utilizing the historic Commonplace…

13 hours ago

Bonhams-owner Epiris eyes plunge into Merlin aquariums

The personal fairness backer of companies together with Bonhams, the auctioneer, and Amber Taverns is…

14 hours ago

Stress builds on Reeves as borrowing rises forward of spending assessment

The Chancellor borrowed greater than anticipated firstly of the brand new tax yr, piling extra…

17 hours ago

Bitcoin hits new excessive as investor attraction widens

Bitcoin has surged to a brand new all-time excessive - breaking by $111,000 for the…

20 hours ago

Cash weblog: Journey insurance coverage rises by 23% in the event you declare widespread situation – and as much as 1,159% for some medical points | Cash Information

For this week's information, Anna Bowes, private finance knowledgeable from The Non-public Workplace, digs into whether or…

21 hours ago