CNBC Currencies News - Merrill Lynch Survey: Fund Managers See Economic Negatives

CNBC Currencies News - Merrill Lynch Survey: Fund Managers See Economic Negatives

Dec 19 2007, 08:51 PM

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<div style="width:520px;">Posted By:Patti DommMerrill Lynch says fund managers it surveyed in December are more pessimistic about corporate profits than they have been in nearly a decade. Seventy-four percent believe we are in a late cycle phase of business expansion while four percent believe the economy has already entered global recession, the firm says. [url="http://www.cnbc.com/id/22330139?__source=RSS*tag*&par=RSS"] Read More
[/url]Topics:China | Yen | Asia | Economy (U.S.) | Economy (Global) | euro | Currencies | Stock Market | Investment StrategySectors:Oil and GasPermalink

http://www.cnbc.com/id/22330139?__source=R...ag*&par=RSS

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