Merrill survey shows managers see global slowdown (by Greg Morcroft)
NEW YORK (MarketWatch) -- A Bank of America Merrill Lynch poll of international fund managers shows that while investors expect a global economic slowdown over the next year, they say a double dip recession will be avoided. "A net 13% of respondents to the global survey believe that the world economy is headed for a period of weaker growth. The reading represents a significant swing since July when a net 19% were confident the economy would improve. Investors' forecast for corporate profits shows the biggest downwards swing in the survey's history," the poll showed.