BofA's Moynihan Sees 'Fear of Recession' as Biggest Recession Risk

The video discusses the current economic climate, highlighting record low yields, an inverted yield curve, and global economic slowdown due to trade wars and Brexit. It emphasizes the fear of recession affecting consumer and business confidence. The US economy's significant role in global growth is explored, noting its ability to influence other economies despite challenges. The video concludes with a discussion on the uncertainties surrounding trade and their impact on business plans and investments.

What economic indicator is mentioned as setting a new record low?

• The 30-year bond yield

• The 10-year bond yield

• The inflation rate

• The unemployment rate

What is a major concern for companies due to the trade war?

• Hiring more employees

• Expanding into new markets

• Increasing production of new products

• Restructuring supply chains to avoid tariffs

What is the main fear driving the current economic situation?

• Fear of inflation

• Fear of interest rate hikes

• Fear of recession

• Fear of unemployment

Which country's GDP growth is mentioned as negative in the last quarter?

• China

• India

• Germany

• United States

What is a significant challenge for the US economy in carrying global growth?

• Lack of technological innovation

• High unemployment rates

• Decreasing consumer spending

• Uncertainty around trade policies