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US economic outlook vs the rest of the globe is brighter than it’s been in 12 years

October 16, 2018

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The U.S. is putting more distance between itself and the rest of the world in terms of growth expectations from professional investors.

The news keeps getting worse for global economic prospects, with respondents to the Bank of America Merrill Lynch Fund Manager Survey for October now holding their dimmest view for the future since the financial crisis.

A record 85 percent of market pros say the world is in the “late cycle” period of growth.

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