A record number of investors believe stocks are overvalued, according to Bank of America survey

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Bank of America surveyed 212 mutual fund, hedge fund and pension fund managers with $598 billion under management during the week ending June 11.

53% say the comeback from the March lows is a "bear market rally." Just 37% believe it's a new bull market.

Only 18% on investors expect a V-shaped economic recovery from the coronavirus. Most expect a U- or W-shaped recovery. Investors took cash levels down from 5.7% to 4.7% since last month, the biggest "dash from cash" since 2009. The top "tail risk" investors fear is a second wave of the coronavirus with 49% of those surveyed citing that as a top concern, followed by permanent unemployment and a Democratic sweep in the election.While valuation is never a good market timing tool, the survey's readings should be concerning considering its history and the large amount of money its respondents control.

 

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This is the finance. Overvalue more fruitful stocks...

TheProphetGod I know you'll love this!

Bond and stock are related and the FED is buying bonds be in the train, if not, you will lose money. Trump asked the FED three things: 1- DOW above 25000 2- $ down, 3- interest rate down. No more democracy it is a dictatorship.

Bond and stock are related and the FED is buying bonds be in the train if not you will lose money. Trumps asked the FED three things: 1- DOW above 25000 2- $ down, 3- interest rate down. No more democracy it is a dictatorship.

JohnMelloy Printing press go brrrrrrrrrrrrr

Bullish.

Bullshit

Anything BAD for America is GOOD according to the Democrat Party! THE DEMOCRAT PARTY IS THE LARGEST AND MOST POWERFUL HATE GROUP OPERATING IN AMERICA TODAY!! VOTE THEM OUT IN NOVEMBER!!

We are due a massive correction in november... we will see the market’s real bottom and its effects very early 21’. No doubt lots of poor people will really suffer from now till then.

For sure.

Assets are being re-valued to the up side as more $ are created from air.

They are actually looking very good, considering that wick and the fibonacci level, news like this is strategic for a manipulation pull back before continuing the upward trend 😉 someday the SEC_News will come clean

Why isn’t the capital funding representing by stock price used to raise wages?

But they're piling in anyway because the Fed has their back.

Spreading fear as usual

You cannot overvalue the RobinhoodTraders Sentiment invested on these stocks therefore negating the value of the stock itself. This doesnt make sense (to some). A ShiftonSpending is taking place USD poured into the NYSE rather than Retail - Isn’t that called investing ?

Fed will just buy more Corporate bonds‼️

then they should short it or are they just guessing again

Trump and Powell and Mnuchin and Kudlow and Navarro and 123,045

so we're definitely going higher...

5 soldiers were killed and 11 were injured during violent clashes at the China-India border... ChinaIndiaFaceoff

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