Global in­vestors gloomi­est since 2008

The Malta Business Weekly - - NEWS -

Global in­vestors are their gloomi­est since the fi­nan­cial cri­sis, ac­cord­ing to a new sur­vey from Bank of Amer­ica Mer­rill Lynch.

BAML’s monthly check on in­vestor sen­ti­ment shows that 53% ex­pect global growth to weaken over the next 12 months.

That’s the worst out­look for the global econ­omy since Oc­to­ber 2008 (when the wheels were com­ing off the fi­nan­cial sys­tem).

The sur­vey shows that in­vestors have been pil­ing into the US dol­lar, and into bonds, rather than crowd­ing into tech stocks.

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