Investors Scale Back Outlook for US Economy, Corporations – Fitch

Thursday, April 7, 2016
By Paul Martin

SputnikNews.com
07.04.2016

According to a Fitch Rating/Fixed Income Forum survey, a significantly lower number of investors now expect the US economy will grow over the next year than the number of investors in October.

WASHINGTON (Sputnik) – A significantly lower number of investors now expect the US economy will grow over the next year than the number of investors in October, a Fitch Rating/Fixed Income Forum survey revealed on Thursday.

“Only one-third of those polled now believe economic growth will be 2 percent — 3 percent over the next 12 months — a sharp reduction of the 84 percent who expected this outcome in our last survey in October,” Fitch stated.

The ratings agency noted the remainder of respondents was more pessimistic, expecting a 1-2 percent economic growth in the next 12 months.

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