CNBC Squawk July 3, 2024
Indecisive positioning. According to bank of america fund manager survey as they wait on cpi tomorrow. Mike santoli is here with more. What are you watching in positioning . We worked off this excessive bearishness by longonly Fund Managers and a lot of other indicators. No longer we also dont have people positioned for the market to run away from us on the upside. We can call it indecisive, call it neutral, call it confused, datadependent. All those fit. Weve been fighting the same battles with oil prices nudging above the comfort zone, perhaps, and then yields, how are they going to absorb t...