Two of the world's biggest economies are at risk of recession

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Two of the world's biggest economies are at risk of recession
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Investors have recently put fears about the pace of global growth aside, opting for optimism on a"phase one" US-China trade deal. But muted economic data expected out of Europe this week could change the mood.Germany may post data Thursday indicating that it's in recession. Economists surveyed by Reuters believe the world's fourth largest economy shrank 0.1% between July and September — marking two straight quarters of negative growth.

Investors will look to Walmart's results to gauge the health of the retail sector heading into the holiday shopping season, per my CNN Business colleague Nathaniel Meyersohn. Walmart, America's largest retailer, is viewed as a bellwether of the consumer economy.From Nathaniel:"Walmart's stock is trading around its all-time high, so the company will have a high bar to hit with investors. Wall Street expects Walmart to easily clear it.

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