Overview
Investors’ expectations for global growth plummeted in April by the most in four years due to the Iran war, with local fund managers warning that a downturn could be even more pronounced in Australia.
The latest Bank of America fund manager survey showed the outlook for the global economy had dropped by the most since Russia’s invasion of Ukraine in 2022, while expectations for higher inflation had jumped to the highest level since the depths of the pandemic.
Source: https://www.afr.com/markets/equity-markets/investor-growth-expectations-plunge-amid-stagflation-fears-20260415-p5zo0h