Excerpt from AOL & Yahoo Finance...
How to invest in a 'recession scare': BofA survey
by Brian Sozzi - February 15, 2022
Fund managers are at least thinking a "recession scare" could emerge in the market this year, reflecting one to two months of heightened geopolitical risks, elevated inflation and rising interest rates.
"Upcoming recession scare best played via long bonds-short commodities," said the latest Bank of America fund manager survey. The report reflects responses from 171 participants managing $391 billion in client money.
"So if I had to have one message for investors— and in our firm, we're trying to practice it — it's calm down. Don't get so excited. Because we are recovering from a massive pandemic shock, and the recovery trajectory has years to go," said Cumberland Advisors CIO David Kotok on Yahoo Finance Live.
Read/Watch full post here: https://www.aol.com/invest-recession-scare-bofa-survey-114239400.html
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Cumberland Advisors Market Commentaries offer insights and analysis on upcoming, important economic issues that potentially impact global financial markets. Our team shares their thinking on global economic developments, market news and other factors that often influence investment opportunities and strategies.