Defensive Nature Of FTSE 100 Sends It Higher Despite Surging Worries About Inflation And Global Growth

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ValueWalk

FTSE 100 defensive nature is helping propel index slightly higher.Wall Street indices set to open lower after two sessions of gains.Warnings about recession amid high inflation ricochet around markets.Brent crude back above $120 a barrel as supply concerns continue.Bitcoin still hovering around $30,000 as shift away from risky assets continues.FTSE 100 Propels Slightly Higher“The FTSE 100’s defensive nature has helped propel the index higher in early trade, despite the fresh resurgence of worries about the risks of rampant inflation and what effect aggressive policies aimed at curbing it could…

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