China reported more signs of a weakening economy on Wednesday, with factory output falling to a 17-year low and high unemployment. The report fed fears about a broader global slowdown as the trade conflict appears to be stalling some of the world's most powerful economies. Several factors have contributed to the market turbulence in recent sessions, including China's threat to devalue its currency, massive protests in Hong Kong that could prompt a response from the Chinese government, an escalation of the US-China trade war and the flight to bonds. The trade roller coaster has fostered a feeling of uncertainty among American businesses, making it more difficult for companies to make long-term plans.
'Recession warning flashes for first time since financial crisis, stocks plunge', Washington Post
