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Global fundies all bull! - MacroBusiness


MacroBusiness
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Cross-posted from ZH:
It was exactly one month ago that Wall Street exhaled a sigh of relief, and according to the March BofA Fund Manager Survey, consensus among Wall Street’s professionals was that Covid was 
biggest tail risk”, both 
taper tantrum were now viewed as bigger risks.
Perhaps in retrospect declaring victory over covid was premature in light of today’s J&J vaccine halt, but in the meantime, a bulled up Wall Street has only gotten even more convinced that covid is one for the history books, but that the only risks left are not associated with an economic boom, not a recession, with the latest Fund Manager Survey revealing the following biggest tail risks: ....

Michael Hartnett , Fund Manage , Wall Street , Fund Manager Survey , April Fund Manage Survey , Bofa Chief Investment Strategist Michael Hartnett , Bear Indicator , மைக்கேல் ஹார்ட்நெட் , சுவர் தெரு , நிதி மேலாளர் கணக்கெடுப்பு , போஃபா தலைமை முதலீடு மூலோபாயவாதி மைக்கேல் ஹார்ட்நெட் ,

One Bank Turn Apocalyptic: "The Fed Will Inevitably Move To YCC" As "Rates Are No Longer Anchored"


One Bank Turn Apocalyptic: The Fed Will Inevitably Move To YCC As Rates Are No Longer Anchored
by Tyler Durden
Saturday, Mar 06, 2021 - 07:58 AM
Another week, another massive inflow into equity funds. just as the Nasdaq was about to get hammered with a painful 10% correction.
According to BofA Chief Investment Strategist Michael Hartnett s latest Flow Show note, $22.2Bn in new money flowed into equities last week, following the previous week s massive $46.2Bn inflow which was the 3rd biggest on record, bringing the total 16 week inflow to $436BN, a stunning outlier as shown in the chart below.
Addressing this massive tide of money, Wayne Wicker, chief investment officer at Vantagepoint Investment Advisers said that Investors are looking at the market today and saying, ‘Wow, this is going to come back faster than I thought. I need to position myself accordingly. There’s a fear of missing out, of being under-invested. ....

Kim Forrest , Leo Grohowski , James Bullard , Michael Hartnett , Exchange Rate Mechanism , Bofa Chief Investment Strategist Michael Hartnett , Flow Show , Wayne Wicker , Vantagepoint Investment Advisers , Bokeh Capital Partners , Wall St Fed , Main St Treasury , Main Street , Yield Curve Control , கிம் காடு , ஜேம்ஸ் புல்லார்ட் , மைக்கேல் ஹார்ட்நெட் , பரிமாற்றம் ரேட் பொறிமுறை , போஃபா தலைமை முதலீடு மூலோபாயவாதி மைக்கேல் ஹார்ட்நெட் , ஓட்டம் காட்டு , வேன் தீய , பொக்கே மூலதனம் கூட்டாளர்கள் , சுவர் ஸ்டம்ப் ஊட்டி , பிரதான ஸ்டம்ப் கருவூலம் , பிரதான தெரு , மகசூல் வளைவு கட்டுப்பாடு ,