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Fund managers are bullish. Bank of America warns of trouble ahead if the Fed doesn’t cut. - Tayedi Search engine

Fund managers are bullish. Bank of America warns of trouble ahead if the Fed doesn’t cut.

3 months ago 176

Bank of America’s fund management survey for November highlights clear and present danger: investors are the most overweight stocks they’ve been since February, portfolio cash levels of just 3.7% are generating a technical sell signal and that “positioning is a headwind, not tailwind for risk assets”.

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Fund managers are bullish. Bank of America warns of trouble ahead if the Fed doesn’t cut.

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