![Strong data earlier in the year bolstered hopes that the US would suffer only a mild recession or avoid one altogether. AP](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/BU74VCL33KWOWRI74UJRXUOACI.jpg?smart=true&auth=68c19df24d6ba7e52949969e1287446e069b1be0c9bd1e8ed083a7df1b257302&width=400&height=225)
Strong data earlier in the year bolstered hopes that the US would suffer only a mild recession or avoid one altogether. AP
Strong data earlier in the year bolstered hopes that the US would suffer only a mild recession or avoid one altogether. AP
Investors fear resilient US stocks fail to factor in a possible recession
Banking sector turbulence has revved up concerns, with some analysts saying the stress on lenders could pressure the economy