Natixis Investment Institute reported that investment experts across the firm were relatively upbeat in their economic outlook, but expected a full recovery to take awhile following the quickest and sharpest selloff and the fastest rebound in history.
The report was based on the findings of 36 strategists, economists and portfolio managers who represent Natixis Investment Managers, 14 of its affiliated asset managers and Natixis Corporate & Investment Banking.
|Road to recovery
Natixis found that 47% of respondents anticipate a rally and 53% expect a selloff in the remaining months of 2020. A third of respondents see a W-shaped recovery — an expectation shared by respondents in both groups.
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Michael S. Fischer
Michael S. Fischer is a longtime contributing writer for ThinkAdvisor. He previously reported on trade and intellectual property topics for the Economist Intelligence Unit and covered the hedge fund industry for MARHedge and Reuters News Service.
