Business
Risk off as markets grapple with economic backdrop – Sydney Morning Herald
Investors are looking for safe havens as the chances of a steady improvement in the US economy has progressively diminished.
Judging by market activity, the chances of a steady improvement in the US economy, along with a global economic rebound that would see a bridging of the gap in economic performance between the US and the rest of the world, has progressively diminished.
Its led to a market dynamic whereby risk-appetite has been quashed and a desire for safe-haven assets is grown.
Stocks were down for the week across the globe, with the benchmark S&P500 declining for the fourth straight week last week though…
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