US stocks will lead the way out of current wave of market turmoil: Survey

Only 7% of the respondents saw the US becoming the first economy to crack

Investors are looking beyond a looming global recession and they see one country – and its financial markets – emerging strongest on the other side.
 

US stocks and bonds will lead the way out of the current wave of market turmoil, according to respondents in the latest MLIV Pulse survey. Meanwhile they reckon it’s close to an even bet as to whether the UK economy or the euro area will fall into a slump first.

About 47 per cent of the 452 respondents expect the UK to win that unwelcome prize, perhaps reflecting greater financial stability risks in that country,