Australia holds rates steady, signals halt on tightening
Australia's central bank on Tuesday held interest rates at 4.1% for a second straight month, saying past increases were working to cool demand but...
Source: dailysabah.com
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Australian shares hit 2-month low after data fuels fresh growth concerns
Disappointing Australian CPI, China manufacturing data weighs
Source: zawya.com
JPMorgan, UBS and Morgan Stanley pick bonds over stocks on recession risk
JPMorgan, UBS and Morgan Stanley prefer fixed income over equities in the face of a US downturn.
Source: afr.com
Morgan Stanley, UBS pick bonds over stocks on recession risk
That’s the view of some fund managers and strategists from JPMorgan Chase & Co. to UBS Group AG and Morgan Stanley, who now prefer fixed-income instruments to equities.
Source: moneycontrol.com
Morgan Stanley, UBS Pick Bonds Over Stocks on Recession Risk
Fund managers argue that bonds, particularly higher-rated ones, will be able to better weather any economic slowdown.
Source: wealthmanagement.com