Barclays has shifted its investment preference to global fixed income over equities due to risks posed by escalating U.S. tariff policies. The bank warns that global economic growth could be jeopardized by these tariffs. Barclays analysts believe the risks to equities are greater than those to fixed income assets, citing concerns such as rising prices and poor fiscal outlooks in Western economies. They also predict a slowdown in U.S. and global economic growth this year. — news from Reuters