Recession Could Still Come In 2024

We are still anticipating a recession as we turn the page to 2024, notes Jeff Schulze. He discusses how futures lower Friday following China concerns and bitcoin weakness. He talks about how major indices on pace for a losing week as the S&P 500 and Nasdaq-100 are on pace for first three-week losing streaks since December 2022. He goes over how Bitcoin futures (/BTC) fall to 2-month lows. he also previews the Jackson Hole economic symposium which begins next Thursday. He outlines the recession risk for the economy, as well as the chances for a rate hike at the next Fed meeting. Tune in to find out more about the stock market today.