By Edward Perks, Executive Vice President and Chief Investment Officer, Franklin Templeton Multi-Asset Solutions
Amid a renewed US-China trade spat and additional tariff tensions between the United States and Mexico, investor concerns about a possible recession have heightened, according to Ed Perks, executive vice president and chief investment officer, Franklin Templeton Multi-Asset Solutions. He discusses how markets are reacting to the possibility of a US recession and explains why he favors a defensive stance during this period.
Across the globe, we've seen markets start to react differently to the likelihood of a US recession,