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Home Business

Market turmoil: Are we heading for a global recession?

by DigestWire member
April 7, 2025
in Business
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Market turmoil: Are we heading for a global recession?
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👉 Listen to Sky News Daily on your podcast app 👈

Today has seen chaos on global stock markets, with price plunges reminiscent of the famous Black Monday crash of 1987. Back then, the causes were unclear, whereas today there’s no doubt – Donald Trump’s “liberation day” tariffs have spooked the markets.

In 1987, people feared Black Monday was a sign of a global recession. They were wrong. Are we right to have the same fears today?

Tom Cheshire is joined by Sky’s Darren McCaffrey and stockbroker Russ Mould to discuss what might come next.

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