Business Insider: An Achilles Heel in Credit Markets Means Fund Managers are Bracing for a Recession

April 02, 2019

Article by Callum Burroughs in Business Insider

Key industry voices in asset management are sounding the alarm on the US economy.

Participants at the annual Moody's US asset-managers conference indicated that they were increasingly wary that a recession might happen in the next year or two and were adjusting their portfolios accordingly.

In anticipation of a recession, Moody's said, they're buying more gold.

Among the key drivers of the negative sentiment: the recent yield-curve inversions, a barometer of credit markets' fears, and slowing US growth.

To read this article in Business Insider in its entirety, click here.

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