Economy at Crossroads: Trade Wars and Recession Fears

This chapter explores the current state of global markets amidst escalating trade tensions between the U.S. and China, emphasizing investor trends towards safer assets. It discusses the implications of prolonged economic expansion in the U.S. while addressing the potential risks of inadequate fiscal responses to a looming recession. The narrative highlights the delicate balance between consumer confidence and business anxieties, alongside monitoring key indicators like the corporate bond market.