FYI: (This is a follow-up article.)
Yesterday, Bank of America released the results of its Global Fund Manager Survey conducted from June 7th to the 13th, and the data did not paint a very positive picture for the global economy. In fact, BofAML labeled the monthly survey as the "most bearish survey of investor confidence since the Global Financial Crisis." The trade war was reported as the greatest concern among respondents, but monetary policy and a slowdown in growth also came in high up on the list of risks. Given these trends, growth expectations are now at a record low for the survey.
Regards,
Ted
https://www.bespokepremium.com/interactive/posts/think-big-blog/global-fund-manager-survey-strikingly-pessimistic
