Markets are not only facing the risk of a recession. Goldman Sachs points out the implications that the peculiarity that this time the recession, if it materializes, would be caused for the first time in 30 years by a supply shock would have on the stock market.

The 20% benchmark hovers over investors. Investment firms such as Oddo and UBS have estimated the difference, in stock terms, of whether or not the economy enters a recession at about 20%. And eToro analysts remind in passing that