BofAML Survey: Majority of managers do not expect recession this year
Despite low global growth expectations
Just 6% of respondents expect a global recession to happen
Despite low global growth expectations, the majority of fund managers do not expect a global recession this year, according to the Bank of America Merrill Lynch April Fund Manager Survey.
Just 6% of respondents expect a global recession to happen this year, and 86% do not believe the inversion of the US Treasury yield curve is a sign of an impending market downturn. Seven out of ten...
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