Only 10% of 223 fund managers surveyed by Bank of America expect a V-shaped economic recovery

Only 10% of 223 fund managers surveyed by Bank of America expect a V-shaped economic recovery

Business Insider

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· *A Bank of America survey of 223 fund managers found just 10% expecting a V-shaped recovery from the coronavirus recession, and 75% projecting a slower U- or W-shaped bounce.*
· *One-quarter of respondents view April's market rally as ushering in a new bull market, while 68% see it as a bear market rally.*
· *The most...

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