Wealth Adviser reports: The firm writes that faced with the ongoing war in Ukraine, supply chain disruption and fuel inflation, investors are braced for the prospect of recession across Europe and the US.
In April equities plummeted with the S&P 500 down -8.79 per cent and the Russell 2000 down nearly 10 per cent. The MSCI Europe, and MSCI EM were down -6.21 per cent and -5.76 per cent respectively. Australia’s All Ordinaries has so far been insulated, dipping only -0.83.
