Business
Global Fund Managers Ultra-Bullish on Stocks, Survey Finds
The share of fund managers who said they are overweight equities is at its highest level since November 2021.
When asked what they expected the world economy to do in the next 12 months—a soft landing (a gentle slowdown) or a hard landing (a sharper slowdown)—most respondents chose neither. Instead, a record 56% of fund managers predicted “no landing,” or continued growth.
Some 72% of respondents said they didn’t expect the Fed to hike interest rates before the November midterm elections.
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