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.
Global recession fears up
By Danielle Andrus, AdvisorOne
August 13, 2008 • Reprints
About the Author
Danielle Andrus, AdvisorOne
Danielle is the Managing Editor of Investment Advisor Magazine. She has been a part of the publishing industry for five years, covering the advisory industry for the last three years. Danielle has a BA in Economics from the University of California, Santa Cruz, and is a member of the Society of Professional Journalists.
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