At 5.9%, cash level at global funds highest since 9/11 - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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At 5.9%, cash level at global funds highest since 9/11

About 52 per cent of the fund managers surveyed believe that the economic recovery from Covid-19 will be U-shaped, 22 per cent see a W-shaped recovery, but just 15 per cent see a V-shaped recovery. This indicates macro pessimism.

from Stocks-Markets-Economic Times
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