Fund managers now see higher-than-expected inflation as the biggest risk to markets, and Google searches for "inflation" have surged to a record high.
Coronavirus has been the main "tail risk" for fund managers since February last year. Now inflation is the bigger worry, BofA said.
Investor bullishness surged to its highest point since January 2018 amid US election outcomes and encouraging vaccine progress, Bank of America strategists said Tuesday. Fund managers’ allocations to stocks hit a net 46% overweight in the November 6 to November 12 period, closing in on the 50% threshold that indicates […]
A record 74% of fund managers said that US technology stocks are the most crowded trade, according to Bank of America’s July survey released Tuesday. Overall, “investor sentiment remains cautious,” analysts led by Michael Hartnett wrote. In addition, as many as 52% say that a second wave of COVID-19 cases […]
A Bank of America survey of 223 fund managers found just 10% expecting a V-shaped recovery from the coronavirus recession, and 75% projecting a slower U- or W-shaped bounce. One-quarter of respondents view April’s market rally as ushering in a new bull market, while 68% see it as a bear […]
The 2020 US presidential election’s outcome is now the most-cited risk to markets among fund managers surveyed by Bank of America. The November event took the top spot after 29% of respondents cited it as their “biggest tail risk,” while the US-China trade war fell to second place for the […]
Bank of America Merrill Lynch’s October Global Fund Manager survey found that a record 57% said global fiscal policy is “too restrictive” right now. In addition, a record 90% think that the US is in a “late-cycle” environment, and 31% expect a recession in the next 12 months. The trade […]
The percentage of large fund managers expecting a recession in the next 12 months just hit an eight-year high, relative to those who think one is unlikely, according to Bank of America Merrill Lynch’s latest survey. Investors are bullish on interest rates and are hoping that central banks will continue […]
Investors poured a record amount of money into bonds over the past week, according to a fund manager survey conducted by Bank of America Merrill Lynch. That came at the expense of stocks, which saw massive outflows and a large reduction in allocation, BAML data shows. The stock market is […]
The newly-crowned biggest worry in global...
Tightening cycle now seen as a Q4 thing.