Expect another volatile month for markets
INVESTORS can expect April to be another volatile month as recession fears and geopolitical chaos swirl, according to market watchers.
The last week of March was dogged by revived concerns over the outlook for the global economy as the US yield curve inverted, stoking recession fears. While most market observers do not think a recession is on the horizon yet, they certainly see growth moderating.
"In the near term, we recommend investors to stay cautious as... we are likely to go through a soft data patch in the very near term," DBS economists Taimur Baig and Masyita Crystallin warned.
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