BT does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. The views expressed herein are those of the respective authors/ entities, and do not represent the views of Business Today (BT). Sticky inflation and hawkish central banks still seen as biggest tail risk, as per the survey.ĭisclaimer: Recommendations provided in this article and/ or any reports attached or relied on herein are authored by an external party. Inflation expectations have jumped to highest since May 2022. A total of net 53 per cent fund managers are pessimistic on global growth but just 21 per cent see hard landing and 27 per cent expect no recession at all. Ne-net the survey suggests investor sentiment no longer stays extreme bearish (17-month high in global equity allocation), but is not yet bullish (FMS cash level up to 4.9 per cent).
Besides, the Chinese cabinet approved guidelines for planning and construction of affordable housing.Ī total of 222 participants with $616 billion in assets responded to BofA's Global FMS questions and 141 participants with $276 billion in assets responded to the regional FMS questions. The Chinese finance ministry recently unveiled a package of tax relief measures for small businesses and rural households, Reuters reported.
China's central bank and financial regulator recently issued notices to ease some borrowing rules to aid homebuyers, including lowering the existing mortgage rate for first-home buyers and the down payment ratio in some cities.
0 kommentar(er)
