Fitch warns of 10% global stock decline if war resumes
Fitch Agency reported that 72 investment sectors across 6 regions are facing potential risks if the escalation in the Middle East conflict continues. A negative scenario is expected to lead to a 10% decline in global equity markets, widening spreads on US corporate bonds and emerging markets by 100-200 basis points, with the possibility of monetary policy tightening and a slowdown in economic growth.
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