Fears of an incoming recession and persistently elevated inflation has left US equity investors feeling particularly risk averse, according to new findings from S&P Global.
The company's Investment Management Index survey for September revealed investors anticipate further near-term market losses amid concerns over the macroeconomic outlook and earnings growth. Meanwhile, its Risk Appetite Index, which is based on data from around 100 institutional investors, fell from -13% in August to -16% a month later. While eight in ten investors anticipate a recession is likely over the next 12 months, only one in ten expect that recession to be deep. US inflation higher than expected in August at 8.3% According to the study, investors expected inflation to ...
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