by Investors in US shares and junk bonds are failing to cost in sufficient danger of recession this 12 months, based on an Asia-focused hedge fund that outperformed the worldwide trade in 2022 with well-timed bets on China’s rebound.
The S&P 500 and high-yield company debt don’t account for “the tightening cycle and the prospect of recession going up,” making them susceptible to a different selloff, based on Nicholas Ferres, chief funding officer for Vantage Point Asset Management in Singapore.
