Global fund managers bullish amid soft landing consensus
Global fund managers are the most bullish they have been in more than two years, the latest Bank of America manager survey has shown.
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Global fund managers are the most bullish they have been in more than two years, the latest Bank of America manager survey has shown.
LONDON (Reuters) -Investors ploughed $20.1 billion into stocks in the week to Wednesday, a report from Bank of America citing data from EPFR said on Friday, rounding off a strong month for equities driven once again by rallying tech shares. U.S. Treasuries meanwhile saw their biggest weekly outflow in seven weeks at $3.6 billion, while Treasury inflation-protected securities got their biggest inflow since July 2023 of $300 million, BofA said. U.S. bond yields closed January slightly higher on the month as their prices fell, but have fallen sharply this week, in part due to a safety bid from ...
(Bloomberg) -- The rush into technology stocks is resembling the bubble of 1999, reflecting an assumption that the economy will perform strongly despite tighter monetary policy, according to Bank of America Corp. strategists.Most Read from BloombergDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoApple’s China Slump Deepens Even as Total Sales Grow AgainQQQ Up in Late Trading as Meta Soars, Apple Falls: Markets WrapA
Bank of America fund manager survey suggests stocks may be vulnerable to any disappointments
Global fund managers are the most upbeat in nearly two years.