According to a UBS survey of 360 global family offices with an average family wealth of $1.2 billion, 55% of these organizations are expecting a recession by 2020. Souring trade relations between the US and China coupled with concerns around Brexit's impact are adding to investors anxiety worldwide with predictive financial indicators such as the bond yield curve inversion already raising red flags.
Read the full article hereThis post originally appeared on Francois Botha.