The BofA March Fund Manager Survey reveals that global growth expectations are at a 2-year high, with recession risks dissipating. Investors are positive on corporate profit growth for the first time since January 2022. There has been a significant move into emerging market and Eurozone stocks, with outflows from U.S. equities, particularly discretionary and tech sectors.
Wall Street optimism on stocks is at its highest level since early 2022, BofA survey shows https://t.co/aiwwqX86lO
This is what we call "euphoria" 🚨 BofA's latest Global Fund Manager Survey showed the biggest percent of respondents saying they are taking higher than normal levels of risk relative to benchmarks since Nov-21
BofA Poll Shows Investors’ Risk Appetite at Highest Since 2021 - Allocation to stocks is at a two-year high, while fund managers have shown a “big rotation” into Europe, EM and financials, the poll showed - Investor sentiment — based on cash levels, equity allocation and… https://t.co/USeSzEMlhe
"FMS investors positive on profit growth expectations for the 1st time since Jan'22." - BofA Global Fund Manager Survey https://t.co/r7XjOoyoop
⚠️ BULLISH INVESTORS PILE INTO EM, EUROPEAN STOCKS IN MARCH, BOFA SURVEY SHOWS Full Story → https://t.co/9I7EZ5d9Og Upbeat investors rushed into emerging market equities in March at the fastest pace since April 2017, and into euro zone stocks at the quickest clip since June… https://t.co/D4sfyufXcW
BOFA FMS: INVESTORS POSITIVE ON CORPORATE PROFIT GROWTH FOR THE FIRST TIME SINCE JAN. 2022 || 'LONG MAGNIFICENT 7' REMAINS BY FAR MOST CROWDED TRADE, AHEAD OF 'SHORT CHINA EQUITIES'
BOFA MARCH FUND MANAGER SURVEY: GLOBAL GROWTH EXPECTATIONS AT 2-YEAR HIGH AS RECESSION RISKS DISSIPATE || MARCH SAW BIGGEST MOVE INTO EM STOCKS SINCE APRIL 2017; BIGGEST INTO EURO ZONE STOCKS SINCE JUNE 2020 || OUTFLOWS FROM U.S. EQUITIES, PARTICULARLY DISCRETIONARY AND TECH…
🔴 BOFA FMS: INVESTORS ARE POSITIVE ON CORPORATE PROFIT GROWTH FOR THE FIRST TIME SINCE JAN. 2022.
🔴 BOFA FMS: THE LONG MAGNIFICENT 7 REMAINS BY FAR MOST CROWDED TRADE, AHEAD OF SHORT CHINA EQUITIES.
🔴 BOFA MARCH FUND MANAGER SURVEY: GLOBAL GROWTH EXPECTATIONS AT A 2-YEAR HIGH AS RECESSION RISKS DISSIPATE.