The Only Reason To Be "Bearish" Is "No One Is Bearish" – Investment Watch
It is indeed hard to argue the point. As the article explained: “ A majority of investors finally agree the V-shaped recovery is at play,” according to the Bank of America Global Fund Manager Survey. Plus, a record percentage of money managers believe that global growth is at an all-time high.” Key Findings More than 90% of investors believe the economy will be more robust in 2021, with a consensus it’s a V-shape recovery. For the first time since January 2020, chief investment officers want to increase capital spending rather than improve balance sheets. Fund managers’ allocati...
Source: investmentwatchblog.com