Some 61% of the 234 money managers, analysts and traders surveyed said they expect to increase exposure to developing assets in the next 12 months, even as concern mounts about a potential downturn and the Federal Reserve’s path ahead. The asset class, they say, stands to offer shelter if the central bank’s fight against inflation tips the US into a recession.
Oil falls as economic jitters dampen demand outlook
Crude oil prices experienced a decline in early Asian trading due to investor concerns about demand growth amid the ongoing U.S.-China trade war. Economists fear