BofAML survey: No recession until 2020
Growth optimism remains at low levels
Fund managers remain subdued in latest BofAML survey
Almost half of fund managers surveyed in the latest Bank of America Merrill Lynch (BofAML) survey are predicting a recession in 2020.
The latest monthly global survey questioned 223 fund managers with $643bn in assets under management between 4 and 10 May. It found the percentage of investors expecting a recession this year was 2%...
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