77% of investment fund managers see an economic storm of slowing growth and high inflation taking hold over the next year

77% of investment fund managers see an economic storm of slowing growth and high inflation taking hold over the next year

Top economists and money managers worldwide are warning that rising consumer prices and falling economic growth are combining to form a deadly recipe for the global economy—stagflation.

Some 77% of investment fund managers say they see “below-trend growth and above-trend inflation,” a.k.a stagflation, as the most likely outcome for the global economy over the next year, according to a May survey from Bank of America Global Research. That’s the highest percentage seen since August…


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