The Time to Buy the Dip Is Fast Approaching — for One Country
US stocks and bonds will lead the way out of the turmoil, but both an American rebound and a prolonged European downturn pose risks for income inequality.
A majority of investors say the US will weather a downturn best and emerge as the relative winner from this year’s serial crises.
Photographer: Jonathan Alpeyrie/BloombergThis article is for subscribers only.
Investors are looking beyond a looming global recession and they see one country – and its financial markets – emerging strongest on the other side.
US stocks and bonds will lead the way out of the current wave of market turmoil, according to respondents in the latest MLIV Pulse survey. Meanwhile they reckon it’s close to an even bet as to whether the UK economy or the euro area will fall into a slump first.