Tag: recession

Global Fund Manager Survey: Recession Fears Dominate

In April, Global Investors Extremely Pessimistic Re World Growth Recession fears dominated in April, with global investors extremely pessimistic about world growth prospects in the wake of the spread of COVID-19, according to the findings of Bank of America (BofA) Global Research’s monthly fund manager survey, released Tuesday. A record net 93% of portfolio managers […]

Five on Friday: What Happened in Markets This Week

Lizzy Birmingham provides a brief roundup of the major FX moves this week, and the drivers behind each. 1) US Economy on “Recession Watch” says Morgan Stanley This Tuesday, chief US equity strategist at Morgan Stanley, Michael Wilson, warned investors of a possible upcoming US recession. In a note to clients, using recent data highlighting […]