The global economy is in for a challenging year, according to Greg Davis, chief investment officer of Vanguard Group Inc.
Drawing on the movies about fictional boxer Rocky Balboa, Davis said that markets face a tough fight, even if they ultimately ride out the year. The odds of a recession in 2019 have increased to about 35 percent from 30 percent, he said during a speech at the annual Inside ETFs conference in Hollywood, Florida. The chances for a recession next year are 40 percent to 50 percent.
Yer İmleri