Welcome to the FIA News & Insights, a one-stop resource that includes insights from senior investment professionals on timely market events, their views on the economy and their respective markets. Find updates on the latest media information on Frost Investment Advisors, LLC and the most recent reprints, as well as, archival information for your reference.
Economic Woes Weigh on the American Psyche
Economic distress is growing over much of the global economy, with concerns about a looming recession now consensus but not unanimous. Recent surveys of economists from both Bankrate and the Wall Street Journal put the probability of recession at nearly two-thirds. In contrast, Goldman Sachs projects a relatively low probability of 35%, while others have a more negative outlook, with Nomura calling for a recession by the end of the year.
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