Focus
hard landing
Investors Turn Bearish, Raising Cash and Increasingly Fearing ‘Hard Landing’: BofA Survey
The latest Bank of America fund manager survey finds investors turning bearish again, raising cash levels and boosting expectations for a hard landing.
Are We Facing Another Financial Crisis?
Taken at face value, David Cameron’s warning this week about risks in the global economy sounds like it might be wonderfully prescient. Here’s the country’s economic chauffeur, carefully checking his instrument gauges, and sure enough, sees the same signs today that should have given us warning of the crisis of 2007-08. Time to apply the brakes.
