Wall Street Traders Suddenly Converge on Economic Hazards Ahead

  • Stocks resume selling after decoupling from bonds, commodities
  • JPMorgan model shows a wide range of recession odds in assets
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For those on Wall Street clinging to the bull case on the economy, life is getting harder.

Troubling data – long foretold in the bond and commodity markets – woke traders across risky assets up from their slumber this week, in the worst performance for stocks since the 2023 regional bank crisis.