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Portfolio > Asset Managers

Global recession fears up

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According to a Merrill Lynch survey, almost one-quarter of fund managers think the global economy is in a recession, and almost one-half think one is coming in the next 12 months. Inflation, however, is not weighing as heavy on managers’ minds — 18 percent expect global core inflation to fall in the next twelve months, compared with 33 percent two months ago who thought it would rise.