Collapsing Chinese Real Estate Mammoths Is Impacting Global GDP Projections

The collapse of more Chinese real estate mammoths is impacting global GDP projections - so we agree with JPMorgan that recession is already coming, notes Rebecca Walser. She talks about how markets are attempting to rebound in this week’s final day of trading. She discusses global labor market trends to monitor and how the Chinese economic slowdown impact on the rest of the globe. She highlights how the Fed’s most recent beige book shows less mentions of inflation but a marked increase in mentions of recession as weakening takes hold. Tune in to find out more about the stock market today.