US Markets Wrap: US stocks plunged, bitcoin stumbled. Wall Street’s fear gauge hit its highest level this year on the back of recessionary fears

Christine Short, Vice President of Research, Wall Street Horizon shares her insights on the latest plunge in US stocks, bitcoin's stumble and Wall Street’s fear gauge hitting its highest level after Trump says he won’t rule out a recession. She also weighs in on the softness seen in the consumer space of late, and where rates might be when the Fed meets in a week's time.

Presented by: Ryan Huang
Produced by: Yeo Kai Ting (ykaiting@sph.com.sg)
Photo credits: Reuters

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