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3232Investors Seek Refuge in Cash as Recession Fears Mount, BOFA Survey Reveals
https://www.digit.info/investors-seek-refuge-in-cash-as-recession-fears-mount-bofa-survey-reveals/
Thu, 18 May 2023 06:30:13 +0000https://www.digit.info/2023/05/18/investors-seek-refuge-in-cash-as-recession-fears-mount-bofa-survey-reveals/Read more]]>Investors, plagued by mounting pessimism, have sought refuge in cash, according to a recent survey conducted by Bank of America. The survey highlights a notable 5.6% increase in cash reserves during May, as apprehensive investors brace themselves for a potential credit crunch and a recession. Flight to Safety: Investors Increase Cash Reserves and Brace for […]
]]>Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023
https://www.digit.info/blackrock-ceo-expects-inflation-to-persist-but-no-major-us-recession-in-2023/
Sat, 15 Apr 2023 19:30:48 +0000https://www.digit.info/2023/04/15/blackrock-ceo-expects-inflation-to-persist-but-no-major-us-recession-in-2023/Read more]]>Blackrock’s CEO, Larry Fink, stated in an interview on Friday that he does not anticipate a “big recession” in the United States. However, he believes that “inflation is going to be stickier for longer.” In contrast to the U.S. central bank’s 2% goal, Fink predicts that “we’re going to have a 4ish floor in inflation.” […]
Investors, plagued by mounting pessimism, have sought refuge in cash, according to a recent survey conducted by Bank of America. The survey highlights a notable 5.6% increase in cash reserves during May, as apprehensive investors brace themselves for a potential credit crunch and a recession. Flight to Safety: Investors Increase Cash Reserves and Brace for […]
Blackrock’s CEO, Larry Fink, stated in an interview on Friday that he does not anticipate a “big recession” in the United States. However, he believes that “inflation is going to be stickier for longer.” In contrast to the U.S. central bank’s 2% goal, Fink predicts that “we’re going to have a 4ish floor in inflation.” […]