Investors approaching ‘extreme bearishness,’ warns BofAML

Dec 18, 2018
Allocation to global equities falls to two-year low
Investors are approaching ‘extreme bearishness’ according to the Bank of America Merrill Lynch (BofAML) December Fund Manager Survey. Just 9 percent of investors surveyed expect a global economic recession in 2019, but 53 percent expect global growth to weaken

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