AccessibleversionAsiaFundManagerSurveyHoldinggroundagainsthigherinflationexpectationsFMSvotesforanaccelerationinglobalgrowthmomentum16April2024TheGlobalFundManagerSurveyupgradeditsviewoftheworldeconomybythebiggestPredictiveAnalyticsmargininthepost-COVIDera,underscoringthemessagefromourgrowthindicatorsAsiathataglobalupturnisinmotion.SeeBofAGPS:Themissingpiece28Mar2024.Themarketviewrhymeswithourlong-termbullishness,withonly23%ofthepanelistsRiteshSamadhiya,CFA>>seeingadouble-digitcorrectioninglobalequitiesthisyear.ThougheuphoricsentimentEquityStrategistamidrisingbondyieldswarrantsaclosetabonstock-bondcorrelations,bondvolatilitiesMerrillLynch(HongKong)andmarketbreadthtoavoidgettingcaughtoff-guard.SeeAftertherally11Apr2024.+85235087907ritesh.samadhiya@bofa.comEarningsboosttodrivemarketupsideinAsiaAritraBaksi,CFA>>EquityStrategistTheFMSassessmentoftheAPACex-Japaneconomyandmarkets,incontrast,stagnatedMerrillLynch(HongKong)atelevatedlevels,withnet45%expectingastrongereconomyand83%countingon+85235087914higherlevelsintheregionalequitymarketsinthenext12months.Muchofwhichisaritra.baksi@bofa.comlikelytobederivedfromaboostincorporateearningsasvaluationstreadatfairlevels.MasashiAkutsu>>Thecaveatisthattheupsidehascomeatthecostofhigherinflationexpectations(netStrategist13%expecthigherinflationinAPACex-Japaninnext12monthsvs-43...
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