DFM Viewpoint: Copia Capital on how to navigate turbulent times

The S&P 500 and Nasdaq have officially entered a bear market and we believe the UK is following suit, albeit with occasional dead cat bounces. Growth in the UK has already shown signs of stalling and the risk of recession continues to rise, both at home and overseas. Citigroup analysts have forecast a near 50% chance of global recession, while Barclays suggests the euro area could enter a recession in the fourth quarter of 2022. Inflation has reached a 40-year high in both the US and the UK and economists expect it to climb into double figures later in 2022. Central banks have been slow ...