Photo: Gaetan Lee, Flickr
Markets are at a weird point.In the US, you have widespread fears of a double-dip recession, seemingly being undermined by the fact that the data isn’t that horrible.
Then of course you have the crisis in Europe, which could end either catastrophically, or in a manner that’s much more benign.
As such, everything’s volatile, and investors are very confused.
Citi’s Tobias Levkovitch has published the results of a big institutional survey that gives you a great idea of how large investors are thinking right now.