ABU DHABI / WAM The Central Bank announced a decrease in money supply aggregate M1 …
Read More »JPMorgan maps out currencies to buy if recession is coming
Bloomberg If a US or global recession is looming, it’s time to own the Swiss franc, Singapore dollar, US dollar and Japanese yen – and ditch emerging market currencies, according to analysts from JPMorgan Chase & Co. “Recessions are when creditors get to ask for their money back,†analysts including Paul Meggyesi said in a note. “Three of the top …
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