AXA Investment Managers reposted this
Chair of the AXA IM Investment Institute & Chief Investment Officer, Core Investments, at AXA Investment Managers
Trillions of dollars in household wealth have been wiped out due to the ongoing stock market downturn. As consumer and business confidence takes a hit, we risk falling into a dangerous doom loop. Since the second round of US tariffs, global stocks have been in free-fall; bond yields have dropped sharply, and the dollar has retreated against other major currencies. There is an unequivocal belief that the tariffs have significantly raised the risk of a US recession. More of this weeks key market events here. AXA Investment Managers #markets #tariffs
