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Economic 'boom' expectations spike as equity bets jump to highest level in two years
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investmentweek.co.ukInvestor bets for above-trend growth and inflation rose to 24% in April, up rapidly from 12% in March and 5% in January. This comes as 41% of fund managers surveyed see higher inflation as the biggest tail risk, followed by geopolitics at 24%. Stagflation, where the economy experiences below-trend growth and above-trend inflation, remains the consensus view, at 60%. However, this is down from the 92% peak in September 2022. Only 9% of investors surveyed expect an environment of stagnation, with below-trend growth and inflation, and only 6% predict a ‘goldilocks' scenario of above-tre...
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