Bank of America surveyed 212 mutual fund, hedge fund and pension fund managers with $598 billion under management during the week ending June 11.
53% say the comeback from the March lows is a "bear market rally." Just 37% believe it's a new bull market.
Only 18% on investors expect a V-shaped economic recovery from the coronavirus. Most expect a U- or W-shaped recovery. Investors took cash levels down from 5.7% to 4.7% since last month, the biggest "dash from cash" since 2009. The top "tail risk" investors fear is a second wave of the coronavirus with 49% of those surveyed citing that as a top concern, followed by permanent unemployment and a Democratic sweep in the election.While valuation is never a good market timing tool, the survey's readings should be concerning considering its history and the large amount of money its respondents control.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
The World’s Best-Performing Big Lender? Deutsche BankDeutsche Bank has long been branded one of the most troubled global lenders. Now, a year into a turnaround plan that has notched some successes, it is the best-performing large bank stock in the world.
続きを読む »
Why are bank bosses sounding more optimistic about loan losses?They were hyper-prudent in April. Now the worst-case scenario might be off the cards
続きを読む »
Britain's Metro Bank in talks to buy peer-to-peer lender RateSetter: Sky NewsBritain's Metro Bank Plc is in advanced talks to buy RateSetter, one of UK's biggest peer-to-peer lenders, Sky News reported on Sunday.
続きを読む »
Italian bank BPER approves revised Intesa deal: sourceItalian lender BPER Banca on Sunday approved a revised deal with Intesa Sanpaolo to address antitrust issues in Intesa's takeover bid for UBI Banca , a source close to the matter said.
続きを読む »
Separatists in south Yemen seize convoy with billions of riyals for central bankSouthern separatists in Yemen seized a consignment of billions of riyals intended for the central bank in Aden on Saturday, in a further attempt to wrench control from the Saudi-backed government since declaring self rule in the south in April.
続きを読む »
Italian bank BPER to hold board meeting on revised Intesa deal - sourceItalian bank BPER Banca will hold a board meeting later on Sunday to approve a revised deal with Intesa Sanpaolo that addresses antitrust issues in Intesa's takeover bid for UBI Banca , a source close to the matter said.
続きを読む »