US Fund Managers Optimistic as Recession Fears Fade

Fund Managers No Longer Forecast Recession, Survey Shows

In a significant shift in sentiment, fund managers are no longer predicting a U.S. recession, according to a closely watched survey. This is the first time in a year and a half that this group of experts has projected such optimism. The survey, conducted in February and involving 249 panelists overseeing $656 billion in assets, also revealed that expectations of a global recession in the next 12 months have turned negative for the first time since April 2022.