BoAMS FUND MANAGER SURVEY: 85% SAY GLOBAL ECONOMY IN LATE CYCLE
MACRO: ECONOMIC OUTLOOK
"Investors are bearish on global growth," said Michael Hartnett, BofA's chief investment strategist, "but not bearish enough to signal anything but a short-term bounce in risk assets."
Furthermore, when asked how the global economy will develop over the next year, net 38% of respondents expect deceleration, the worst outlook on global growth since Nov. ‘08.
How can growth optimism be so weak with the US booming? Because....... (14 MORE CHARTS WITH EXPLANATIONS)
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