The strong stock market performance to start 2019 has yet to lure most investors back in from the sideline, implying that more gains could be ahead, according to a closely followed survey of professional investors.
Hedge fund managers in particular are at their lowest net allocation to equities since December 2016, with the trend among all investors toward more defensive positions. A"pain trade" is one that generally catches a lot of investors off guard. Sentiment surveys can be reliable contrarian guides when too much the market gets caught on one side.
Professional investors now worry most about a slowdown in China, cited by 30 percent of respondents. The second-biggest concern is the U.S.-China trade war, which had topped the worry list for nine straight months.
Should of bought the dip in December. Still in defensive positions now?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canadian marijuana companies are lobbying a stock exchange to allow them to invest in the lucrative US market and it could be transformative for the $75 billion industryThe move would allow Canadian companies like Canopy Growth and Aurora Cannabis to access the much more lucrative US market.
Source: BusinessInsider - 🏆 729. / 51 Read more »
After comeback, the stock market is aligned with a historical pattern with perfect track recordThe S&P 500 has delivered an average return of 14.2 percent one year after every midterm election since World War II, according to LPL Financial Research. a broken clock is right twice a day
Source: CNBC - 🏆 12. / 72 Read more »
Stock investors wonder whether the bond market knows something they don'tThe market behavior that prompts this query is a decline in Treasury yields coinciding with rising stock prices. Who on earth would buy this market above 2800?... Wake me up sub 2000 and I'll get excited about stocks again
Source: CNBC - 🏆 12. / 72 Read more »
Jeffrey Gundlach says the stock market was and still is in a bear marketAfter a stellar rebound, Jeffrey Gundlach still thinks stocks are in a bear market. wait & see time so we should shift to bull market soon.. or at some point :) What is his definition of a bear market.
Source: CNBC - 🏆 12. / 72 Read more »
U.S. stocks rise as investors keep wary eye on Boeing, Brexit developmentsU.S. stocks rise Wednesday, putting the S&P 500 and the Nasdaq on track for a third straight day of gains, as investors weighed conflicting data on the U.S. economy with concerns tied to the U.K.’s exit from the European Union.
Source: MarketWatch - 🏆 3. / 97 Read more »
Investors should be 'kicking the tires' on these undervalued stocks, analysts sayCNBC combed through Wall Street research over the last week to see where analysts are finding value.
Source: CNBC - 🏆 12. / 72 Read more »