Ongoing fears about the pandemic and falling oil prices are taking their toll on markets. What’s next?
If the economic effects of COVID-19 weren’t serious enough, market fears were also recently heightened due to a sudden drop in oil prices due to production cuts between Saudi Arabia and Russia.
The drop in prices occurred during a period of immense market fragility, and it’s spilled over into commodity markets as well.
In this article from UBS Asset Management, investment experts across asset classes discuss what the impacts have been and what’s coming.
If you read this UBS Asset Management article, you will learn:
- the immediate effects of Saudi Arabia increasing oil production
- what’s happening in commodity markets
- how credit is being impacted by recent developments
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