REUTERS/Shamil Zhumatov The uncertainty surrounding the US-China trade war has severely depressed corporate earnings expectations and forecasts for global growth, Bank of America Merrill Lynch has found. The firm’s findings came from its monthly global fund manager survey, which takes the temperature of 230 managers with a combined $645 billion in assets under management. Visit […]
Expectations for global growth and corporate profits are cratering as Trump’s trade war rages on
REUTERS/Shamil Zhumatov The uncertainty surrounding the US-China trade war has severely depressed corporate earnings expectations and forecasts for global growth, Bank of America Merrill Lynch has found. The firm’s findings came from its monthly global fund manager survey, which takes the temperature of 230 managers with a combined $645 billion in assets under management. Visit […]