Bank of America Survey: 82% of respondents believe the global economy will weaken, reaching the highest level in 30 years

BlockBeats News, April 15th, according to a survey of global fund managers by Bank of America, 82% of respondents believe that the global economy will weaken, reaching the highest level in 30 years; meanwhile, 42% of respondents believe that the likelihood of an economic recession is high.

Furthermore, the survey results show that a record number of global investors plan to reduce their allocation to the U.S. stock market. (FXStreet)