While most Americans are bracing for a recession next year, institutional investors who control mutual funds, pensions, and insurance companies see a bigger threat looming on the horizon.
About 65% of investors believe stagflation is a bigger risk than a recession, according to the 2023 Natixis Outlook Survey that surveys global institutional investors who oversee a combined $20.1 trillion in assets under management. Given the vast investment portfolios these big-time money managers generally control, they tend to be keyed into the markets and potential risks at a greater rate than the average investor.
