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Old 09-18-2018, 10:28 PM
Chicks Chicks is offline
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Join Date: Mar 2017
Posts: 13,285
Investors are starting to worry about the economy

As predicted here many times. MAGA this, Whell!

https://money.cnn.com/2018/09/18/inv...ina/index.html

Quote:
Yet beneath the surface, some are getting worried about the ability of the global economy to withstand the trade war and brewing storms in emerging markets.

One in four professional investors is bracing for global growth to slow over the next year, according to a Bank of America Merrill Lynch survey published on Tuesday. That's the worst outlook in this monthly survey since December 2011 and up from August when just 7% of investors were pessimists.

And nearly half of investors surveyed by Bank of America believe the US economy will decelerate and rejoin the rest of the world.

Just one in three said that in August.

"Investors are holding on to more cash, telling us they are bearish growth," Michael Hartnett, chief investment strategist at Bank of America Merrill Lynch, wrote to clients.

Not surprisingly, the trade war topped the worry list for the fourth straight month. The second-most popular "tail risk" is related: a slowdown in China's economy.
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