Developing nation equities have suffered significant pullbacks from investors.
Incumbent resigns after 18 months and the search is on for a successor.
The fact that households are in better shape financially could make a recession less likely.
But UBS says fixed income is a better bet than equities right now.
The masters of the world's money have plenty to talk about.
The Hamas attack on Israel has compounded concerns about developing nations investments.
However, it's too soon for the bulls to take center stage.
Investors have seen returns as high as 16% from one class of debt instrument.
New geopolitical tension is sending investors to safe havens.
There could be a longer wait for a stock market rally, fear strategists.
