Global growth optimism hits all-time low – research ...News

Concerns about possible stagflation are at their highest since 2008, says the Bank of America A monthly survey by investment bank BoFA Securities has shown that optimism among fund managers over global economic growth has fallen to historic lows. The contraction comes amid concerns about possible stagflation, which is at its highest since August 2008. According to the report, released on Tuesday, a net 71% of those polled were pessimistic about global growth prospects in the coming months. That is the most since the survey records began in the early 1990s. The European edition of BoFA survey found that some 81% of

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