U.S. Budget Discord Is Top Threat to Global Economy in Poll

Global investors say the state of the U.S. government’s finances is the greatest risk to the world economy and almost half are curbing their investments in response to continuing budget battles, a Bloomberg poll shows. …

Even with stocks at a five-year high, almost half of investors — 47 percent — say Washington’s recurring fiscal showdowns are discouraging them from investing in U.S. financial markets, according to the Bloomberg Global Poll conducted by Selzer & Co. of Des Moines, Iowa. [cont.]

David J. Lynch, Bloomberg