What A Cardboard Box Recession Looks Like

During a typical global recession, all areas of the economy tend to turn down around the same time, notes Jeffrey Kleintop. He talks about how over much of the past year, only manufacturing and trade seemed to be in a global recession. He says that we're referring to this phenomenon as a cardboard box recession. With a cardboard box recession weakness in manufacturing job growth could begin to spread into services industries in the second half of the year. He also goes over the outlook for the Chinese economy. He then highlights how a recession could impact corporate earnings. Finally, he breaks down the "Shark Chart." Tune in to find out more about the stock market today.