News Formal

Stock market bullishness is rising, and that's not necessarily good

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

One of the underpinnings of a rising market is high levels of skepticism because it represents people who could come back into the market.

All this year, there has been a large minority of investors who have been skeptical of the rally and the high valuations, and particularly skeptical about the "soft landing." That is changing. The July Bank of America Fund Managers Survey, a survey of more than 200 global fund managers, out today, indicates that 68% expect a "soft landing", while only 21% expect a "hard landing" . That estimate for a "soft landing" has been rising for several months.

The week before, it had been 46% bullish, the highest in over a year. This is the sixth consecutive week of above-average bullishness , and a big reversal from early May, when only 24% were bullish. One of the underpinnings of a rising market is high levels of skepticism because it represents people who would come back into the market. But with a lot of investors jumping back in, it makes it harder for the market to advance.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

UBS just updated its 'highest conviction' stock list with picks to beat the marketThe bank says its U.S. and global picks are set to beat the MSCI All Countries World Index — and it has not shied away from taking contrarian positions.
Källa: CNBC - 🏆 12. / 72 Läs mer »