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Bloomberg Quint

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Image Credit: Bloomberg Quint

Investors Haven’t Been This Bearish In 30 Years, BofA Poll Shows

  • Investor sentiment regarding economic prospects is the most negative in three decades, according to a Bank of America Corp. survey.
  • 82% of respondents to BofA's monthly survey expect the global economy to weaken.
  • A record number of fund managers intend to reduce exposure to US equities.
  • Rising uncertainty surrounding US trade policy and financial market volatility has led to the underperformance of US equities this year.

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