The 32 survey respondents, who include fund managers, strategists and analysts, raised the probability of recession to 36% from 23% in January.
Prices in the wholesale egg market have fallen more than 40% since late February. It may take a few weeks for retail prices to catch up.
These are the stocks posting the largest moves in midday trading.
The market sell-off is not over yet as consumer and corporate confidence take a dive on tariff uncertainty, according to Deutsche Bank.
Berkshire Hathaway raised its holdings in five Japanese trading houses — Itochu, Marubeni, Mitsubishi, Mitsui and Sumitomo.
These are the stocks posting the largest moves in premarket trading.
The deal with Walmart heightens the rivalry between Affirm and Klarna, two of the world’s biggest BNPL players, just as Klarna is set to go public.
China’s economic data for the first two months of the year showed a modest pickup as Beijing reiterated its plan to bolster domestic consumption.
Bessent believes market pullbacks are benign, and Trump’s pro-business policies will boost the economy in the long run.
The contrast between Chinese and U.S. stocks is only getting clearer.