Wednesday, 20 February 2019 11:25

Recession Fears Back in a Big Way

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(New York)

The recession has loomed over markets for months. However, in recent weeks those worries have faded a bit, especially as the Fed appeared to back off the gas pedal on rate hikes. However, a new survey from Bank of America Merrill Lynch shows that recession is the top fear among investors currently. A third of credit investors surveyed see a recession as their top fear. That is the highest level for a single worry in almost two years. Economic data is expected to continue to weaken, say investors.


FINSUM: The US seems to once again be the last one standing as the whole world starts to slow. Can we hold up yet again?

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