Bank of America's Global Fund Manager Survey
- BofA's survey of fund managers found that a net 0% expect a stronger Chinese economy in the next 12 months.
- It's a sharp decline from February, when a net 78% anticipated a stronger economy.
- Investors noted that China's real estate sector is the most likely source of any future credit event risk.
Our Chart of the Day is from Bank of America, which highlighted how sharply and rapidly investors' views on the Chinese economy have plunged.
According to a fund managers surveyed by the bank, a net 0% estimated this month that China is geared for stronger growth over the next 12 months.