Business Maverick: Investors bet euro will continue slide to $0.9, survey finds

with financial markets just got a whole lot harder.

After a week marked by a fresh crisis in Rome, MLIV readers warn Italian debt risks hitting the danger zone once more – just as a near-imminent recession intensifies the epicJust 16% of 792 respondents in the latest Pulse survey say Europe will likely manage to dodge an economic over the next six months, with 69% betting that the single currency will slide to $0.9 rather than claw back to $1.1.in the euro area’s third-largest economy may spur a new era of market fragmentation. Some 21% of MLIV readers say the spread between 10-year Italian and German bonds would have to blow out to more than 500 basis points – the highest since the 2012 debt crisis – before the ECB steps in.

All told, 41% of respondents, which include portfolio managers and retail traders, see a debt crisis within the next six months – a massive shift from the era ofThese warnings couldn’t come at a worse time for the ECB.

Elevated price pressures have taken a big toll on households and companies. Now fears are rising over a full-scale halt in Russian

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