This may be the most widely anticipated recession in history. Capital Group economists expect the global economy to experience a mild recession in the months ahead. The question is: What comes after?
Equity market leadership has expanded to include energy, health care and industrial companies, as well as value-oriented and dividend-paying stocks. As a result, returns have been less dominated by a handful of U.S. companies and more evenly distributed around the world.
FIXED INCOME OPPORTUNITIES
As recession fears heat up and the Fed nears the end of its rate hiking cycle, bonds may now offer relative stability and higher income potential.