Global Investors remain cautious, fear second wave of coronavirus – ZAWYA

Global Investors remain cautious, fear second wave of coronavirus – ZAWYA

Global Investors remain cautious, fear second wave of coronavirus | ZAWYA MENA Edition HomeWealthAlternative InvestmentsArticleGlobal Investors remain cautious, fear second wave of coronavirus 52% say bad news on virus is largest 'tail risk'    Traders wearing masks work, on the first day of in person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. Despite attempts to restart economies, global investors remain cautious as fears that the coronavirus pandemic is far from over is mounting.In the latest fund manager survey from Bank of America (BofA), 54 percent of the respondents said a second wave of cases is the "biggest tail risk“ at the moment.The majority also think that the economy may be in for a period of stagnation before making a recovery. In the latest fund manager survey from Bank of America (BofA), 54 percent of the respondents said a second wave of cases is the "biggest tail risk“ at the moment.Despite attempts to restart economies, global investors remain cautious as fears that the coronavirus pandemic is far from over is mounting.The majority also think that the economy may be in