# A "recession shock" is coming, BofA warns | Reuters

> A Reuters item reports BofA warning of a recession shock, with fragments on fund flows and a historical GDP study. The text is largely fragmentary and lacks a clear single event.

- Date: 2022-04-08 · published 2022-04-08T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/41763-a-recession-shock-is-coming-bofa-warns-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Recession fears would reduce expected demand for energy and agricultural commodities, but the excerpt provides too little detail to judge the price impact.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-08-22 | [FOMC minutes: More hikes coming soon; trade a worry \| Reuters](https://feedsoft.ai/events/63459-fomc-minutes-more-hikes-coming-soon-trade-a-worry-reuters.md) | -0.5% | -0.2% |
| DXY | 2021-02-17 | [Fed minutes show willingness to steer past coming jump in inflation \| Reuters](https://feedsoft.ai/events/48543-fed-minutes-show-willingness-to-steer-past-coming-jump-in-inflation-reuters.md) | +0.1% | +1.1% |
| DXY | 2023-11-14 | [Dollar sinks after data shows US inflation cooling \| Reuters](https://feedsoft.ai/events/10100-dollar-sinks-after-data-shows-us-inflation-cooling-reuters.md) | -1.8% | -1.4% |
| DXY | 2022-07-01 | [WCU: Peak recession fears bring commodities down to earth \| Saxo](https://feedsoft.ai/events/40401-wcu-peak-recession-fears-bring-commodities-down-to-earth-saxo.md) | +1.2% | +0.7% |
| DXY | 2021-04-30 | [Inflation-tolerant Fed will boost commodity prices \| Reuters](https://feedsoft.ai/events/47512-inflation-tolerant-fed-will-boost-commodity-prices-reuters.md) | +0.1% | -0.8% |

## Sources

- reuters.com: https://www.reuters.com/world/us/global-markets-flows-urgent-2022-04-08/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.