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Stuff happens but we are not stuffed

By Chris Bailey of Financial Orbit | Sunday 18 September 2022


 


Every month the Global Fund Management Survey (FMS) is published.  A bit like any survey, you have got to be a touch cautious, as if something is already consensus, it is hard to keep on being smart (unless something is fundamentally brilliant or terrible).  As for the survey this month, even if you compare the FMS cautious levels towards a weaker economy, thoughts are akin to how they were in October 1998, December 2000, August 2006, July 2008 and March 2020.  As for recession fear hopes, we are not far off the fear levels seen from FMS levels seen in March 2009 or April 2020. 

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