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BOA Merrill Lynch Global Fund Managers Survey: March 2019

TedTed
in The Bullpen
FYI: Points:

.The allocation to global stocks fell to its lowest level since October 2016, according to the latest Bank of America Merrill Lynch Global Fund Manager Survey.

.That comes amid a strong stock market rally to start the year, indicating that there’s more money to be put to work.

.“The pain trade for stocks is still up,” said Michael Hartnett, chief investment strategist at BofAML Data Analytics.
Regards,
Ted
https://www.cnbc.com/2019/03/19/investors-are-missing-out-on-this-stock-market-comeback-and-that-could-fuel-it-further.html
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