Liberal Forum

Blackvegetable » 15 Apr 2025, 6:51 am » wrote: ↑

15 Apr 2025, 6:51 am

https://www.bloomberg.com/news/articles ... poll-shows

Investor sentiment regarding economic prospects is the most negative in three decades, yet fund managers’ pessimism isn’t fully reflected in their asset allocation which could mean more losses for US stocks, a Bank of America Corp. survey shows.

Fund managers are extremely gloomy, with 82% of respondents to BofA’s monthly survey expecting the global economy to weaken. Consequently, a record number intend to reduce exposure to US equities, according to the poll.Fund mangers are “max bearish on macro, not quite max bearish on the market,” strategists led by Michael Hartnett wrote in a note.

“Peak fear” is not yet reflected in cash allocations, which currently stands at 4.8% of assets and would typically need to rise to 6%, they added.

Fondler,

Tell everyone what "max bearish on macro" means.

Feel free to chime in

@Zeets2  

@ROG62

Ah, there it is. Post a headline, copy a strategist quote, then demand definitions from everyone else like you’re moderating a spelling bee for adults. Another proud entry in the “Ask and Vanish” collection.

 But sure, since we're pretending this is a seminar and not dodge #81 in progress:

do you think fund managers' bearish macro outlook is justified by actual indicators, or is this just another herd-mentality overreaction fueled by short-term volatility and headlines?

 No rush. I fully expect the answer to be “post the OP” or “define macro.” Dodge #82 is warming up its legs right now.