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Rumors are flooding Wall Street that a global economic slowdown is upon us. Europe is headed for a recession and the euro had its worst week in over a year against the dollar.
If there is a slowdown, what does this mean for investors – and more importantly, where investors’ should put their money?
Money Morning Chief Investment Strategist Keith Fitz-Gerald joined Fox Business’ “Varney & Co.” Friday to tackle these questions. Check out this clip to find out if indeed the global economy is headed for a halt, which assets are best for your money, and which country’s stock market is the best place for investors to go shopping. Fitz-Gerald also named a few stocks that investors should consider in this economic environment.