bearish
Investors fearful of a possible recession
SUMMARY
- After four difficult months for markets, May is not going very well too. At least for equity investors.
- On Friday, the S&P 500 has been even in bear market for a couple of hours, before to jump in the last final hour.
- What is scaring investors in such a big way? There are several factors, but the newest one is the fear of an incoming global “recession”, as you can even see from the monthly Fund Manager Survey from BofA.
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