It could be the early warning signs of such a collapse, but I suspect that the market is instead increasingly reflecting the costs of the unnecessary trade war the US administration is pursuing.
If these are early warning signs, that same trade war (or direct effects therefrom) is most likely to be the proximate trigger, although there could always be a black swan event of some sort instead (for example a data breach large and complete enough to actually ruin the credit of many USAians).
If these are early warning signs, that same trade war (or direct effects therefrom) is most likely to be the proximate trigger, although there could always be a black swan event of some sort instead (for example a data breach large and complete enough to actually ruin the credit of many USAians).