Over the past year, or possibly even longer, these pages have covered senior investment professionals predicting the end of the decade-long bull run in equities, but despite some rough patches stockmarkets have continued to rise.
Even after the sell-off across asset classes in the second half of 2018, stocks have returned to an upward trend and although Brexit and geopolitical uncertainties remain a threat, investors seem more upbeat than they did six months ago. However, a new report has said active managers are gearing up for a recession in the next one to two years, pointing to the US Treasury yield curve and unemployment figures as red flags. A write-up of Moody's US Asset Management Conference, held on 20 March, said the panel of managers are de-risking their portfolios as the US economy - traditionally t...
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