Nearly 90% of fund managers expect the U.S. to remain stuck in stagflation in the wake of a banking crisis, BofA survey says

Nearly 90% of fund managers expect the U.S. to remain stuck in stagflation in the wake of a banking crisis, BofA survey says

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In the wake of Credit Suisse’s demise, and the second- and third-largest bank failures in U.S. history, institutional investors are worried—but not just about a banking crisis or a potential recession. The world’s top investors think that the latest financial accidents, which were caused, at least…

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