Macroeconomic Sentiment: “The general attitude of fund selectors and asset allocators in Europe continues to be one of uncertainty”
This shows the attitude of fund selectorstowards the macro outlook.
The line chart shows that the general attitude of fund selectors and asset allocators in Europe continues to be one of uncertainty. There is a slight increase in the number who think that we should be pessimistic but most are undecided.
There is a strong consensus among all the individual countries. For almost all areas, around a quarter of respondents are positive, roughly 5% are negative and the rest are uncertain.
The only exceptions are Luxembourg and Switzerland. Luxembourg has no optimists and a few more pessimists. Switzerland is much more negative than the rest with around one-third of all respondents saying they have a negative outlook.
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