China's economy will be forced to recalibrate because of a "fractured" global order, and the new drivers of growth will "disappoint" global markets, according to David Roche.
The U.K. has thus far avoided a widely anticipated recession, and the economy may be holding up better than feared, according to veteran fund manager Andy Brough.
Russia's budget deficit hit a record 1.8 trillion rubles ($24.4 billion) in January, with spending growing by 58% from the previous year while revenues fell by more than a third.
Bans and price caps targeting Russian oil are having the "intended effect" despite surprisingly resilient exports in recent months, according to the International Energy Agency.
Inflation in the U.S. is likely to be "far stickier" and could last a decade, according to Bill Smead, chief investment officer at Smead Capital Management.