FYI: My favorite quantitative analyst, Savita Subramanian (BAML), says The Street’s recommended allocations to US stocks are still too bearish – historically a great contrarian indicator of future returns. It’s no secret that Wall Street’s chief strategist types took a long time to warm up to US stocks in the post-crash environment. The fact that they still haven’t come all the way around tells you just how much disbelief remains out there.
Regards,
Ted
http://thereformedbroker.com/2015/06/01/savita-wall-streets-still-too-bearish-on-us-stocks/
