Market Optimism Evaporates: BofA Survey Shows Dramatic Shift to Defensive Positioning

25.03.18

Bank of America’s monthly survey shows fund managers have experienced a “bull crash” in sentiment, with optimism rapidly draining. The survey recorded the second-biggest drop in global growth expectations in its history, plummeting from -2% in February to -44% in March. U.S. equity allocations saw their largest decline ever, while…

Share This Article

Choose Your Platform: Facebook Twitter Linkedin