Recession fears resurface, causing market turbulence and triggering insider buying.

TL;DR Summary
Investors are becoming increasingly concerned about the possibility of a recession in the US, following data that showed a decline in job openings and factory orders. This has led to a shift in the tone of financial markets, with investors flocking to the safety of Treasuries and gold, and stocks falling. Traders now see a 98% chance that the Federal Reserve's main interest rate target will fall by year-end. While talk of a possible recession has been ongoing for about a year, recent volatility in the banking sector has raised the prospect of a significant tightening in credit conditions and, therefore, the risk of a "sooner and deeper recession."
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- As Recession Fears Grow, Insider Buying Has Me Feeling Good About This Pick RealMoney
- Lowest Job Openings Since May 2021 Helping Bonds Mortgage News Daily
- Recession Playbook In Action: Cooling Labor Market Triggers Rally In Treasuries, Gold; Stocks Decline - iShares Russell 2000 ETF (ARCA:IWM) Benzinga
- View Full Coverage on Google News
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