Global investors and fund managers are increasingly concerned about the potential wave of stagflation expected to hit within the year, according to a recent Bank of America survey. BoA’s latest fund manager survey, conducted on June 14, found that 83 percent of investors surveyed expect a major downturn in economic growth and rising inflation to sweep the markets…
Fund Managers and Investors Fear That Stagflation Will Shock Markets Within a Year
Inflation ‘Bigger Problem’ Than Fed Believes: Jeremy Siegel
Wharton finance professor Jeremy Siegel said he thinks the Federal Reserve is underestimating the degree to which inflation will be a problem, likely forcing the central bank into a sharper pivot away from stimulus and potentially catching markets off guard. Siegel, known for upbeat forecasts, made the gloomy prediction in an interview on CNBC on…
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