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With bonds and currencies the picture is more clear-cut. Both climbed against U.S. assets in the last two recessions
Run-Up to U.S. Recession May Be Good Time for Emerging Markets
published Jul 11, 2018 6:00:00 PM, by Srinivasan Sivabalan (Bloomberg) — If the end of easy money, a trade war and myriad geopolitical dangers weren’t enough, a U.S. yield curve poised to invert is adding to the risks for investors. But there’s one asset class that’s less of a worry:
