Chanticleer
Fundies have gone ‘full bull’. Is it time to sell?
Bank of America’s latest global fund manager survey says investors are almost all-in on risk. That might be a worry.
Updated
Can anything dent the optimism of stock-pickers? Not according to Bank of America’s latest survey of global fund managers, which suggests they remain wedded to the good-news story that’s driven the market rally of the past six months.
Forget Federal Reserve chairman Jerome Powell’s tough talk. More than three-quarters of fundies expect the US central bank to deliver two rate cuts this year.
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