Guide to the Markets
Just as headwinds from trade policy were beginning to dissipate, the outbreak of COVID-19 has pushed the global economy into recession.
This weekly update provides a snapshot of changes in the economy and markets and their implications for investors.
The US economy is now entering recession. Initial jobless claims – a measure of the number of new filings to receive unemployment benefits – rose to 3.283 million for the week ending 21 March.