Stock Market Poised For 'Big Low' And 'Big Rally' As Fund Managers Cash Out Over Financial Stability Concerns

As signs of an economic slowdown grow, fund managers around the world are plowing into safe-haven assets like cash at near-record levels, suggesting to Bank of America analysts that the stock market may be due for much more turbulence—including a new low and forceful bear market rally—over the next several months.... [+]According to Bank of America's latest fund manager survey, investors are now holding about 6.

The survey, composed of 371 panelists managing $1.1 trillion, also found market liquidity has"deteriorated significantly" over the past month—with managers rating conditions at levels seen only during the Covid-induced crash in April 2020 and the Great Financial Crisis that started in 2007.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stock Market News: Dow Futures Rise After Bank of America EarningsFutures rose after Bank of America's earnings, and investors cheered the U.K.'s U-turn on economic policies. Follow our live markets coverage.
Fuente: WSJ - 🏆 98. / 63 Leer más »

Bank of America beats earnings target as net interest income and revenue riseBank of America Corp. undefined shares rose 2.4% in premarket trades Monday after the megabank topped earnings and revenue estimates. The bank said its...
Fuente: MarketWatch - 🏆 3. / 97 Leer más »