Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Investors are most bullish on stocks since the February start of the pandemic-induced market sell-off, according to a Bank of America fund manager survey released on Tuesday.
According to the survey, the most crowded trades among portfolio managers include long US tech stocks and long gold.Visit Business Insider's homepage for more storiesProbably the biggest driver in investor sentiment is price, as evidenced by the most recent fund manager survey from Bank of America.found that investors are now most bullish on stocks since the start of the COVID-19 induced market sell-off that started in late February.
But despite the marked rise in bullishness among investors, BofA says we are still "far from dangerously bullish" sentiment levels.Warren Buffett bet on a gold miner and slashed his bank stakes because he's picking winners, a veteran Berkshire Hathaway shareholder says On to global growth expectations, 79% of the survey respondents said they believe global growth over the next 12 months will be positive, representing the highest reading since December 2009, according to BofA.
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:
Bull market thrives under bearish sentiment- extreme 'exuberance' is typically a warning of an approaching Bear market.
I'm convinced these trader photos are taken after hours as stock for 'upmarket' and 'down market' stories
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the 20,000-member trading community started by college students - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
As stocks edge toward records, more Wall Street market strategists are getting on boardNew for subscribers: As stocks edge toward records, more Wall Street market strategists are getting on board Check out CNBCPro today. Pro Why do we have to protect the Wall Street bull statue from the public?
Source: CNBC - 🏆 12. / 72 Read more »
Renovation boom to drive record growth at Home Depot, Lowes, BofA says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I cleaned the floor
Source: BusinessInsider - 🏆 729. / 51 Read more »
VCs say these 20 retail startups will soar in 2020 during pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
US stocks edge higher as investors mull further stimulus, US-China trade talks - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Goldman says the rest of Wall Street is wrong on these stocks and investors should buy themNew for subscribers: Goldman says the rest of Wall Street is wrong on these stocks and investors should buy them Check out CNBCPro today. Pro Every time a person buys or sells a stock they are essentially saying the rest of Wall Street is wrong on it. Pro So I think I should not buy these stocks... Pro More gambling...I’ll stick with the lottery...
Source: CNBC - 🏆 12. / 72 Read more »