The stock market today has 'echoes' of the 1987 crash, and even a hint of a recession would be a massive blow to equities

The stock market is sending worrying signals, and any sign of recession now could spark a big sell-off, according to Societe Generale strategist Albert Edwards.  Edwards pointed to the strength of US stocks despite rising bond yields, which have surged as investors see higher for longer interest rate policy from the Federal Reserve.