Recent surveys indicate growing concerns among global investors regarding the economic outlook. A significant 63% of global investors anticipate a weakening world economy within the next 12 months. This sentiment reflects a notable shift, with 25% of institutional investors becoming negative about global economic prospects in March, marking the second largest change in 31 years. Additionally, Goldman Sachs has raised its recession probability for the U.S. to 20%, while a Bank of America survey reveals that 55% of fund managers foresee a global recession. Deutsche Bank's latest survey further supports these fears, estimating a 43% chance of a U.S. recession within the next year. The S&P 500 is also facing pressure, with 44% of global investors expecting a stronger economy, a drop of 42 percentage points since February. Historically, such a spike in pessimism has preceded declines in the S&P 500 over subsequent months.