Us Recession 2024 News Update. Bank stocks slumped on monday as fears of a recession sent investors fleeing from a sector closely tied to the health of the economy and toward safe. The conference board’s leading economic index declined again in november, by 0.5% and in line with forecasts, with the business organization continuing to forecast a mild.

Interest rate cut expectations could give more fuel to a searing bond rally triggered by weakening. Downside labor revisions and rising job losses indicate a downturn has.