The confidence of global fund managers took a hit amid tariff threats and economic uncertainty, while retail investors capitalized on ‘buy the dip’ sentiment.
What Happened: Bank of America’s (BoFa) monthly global fund manager survey for March indicated a significant drop in growth expectations and U.S. equity allocation, marking the second-largest drop since the survey’s inception in 1994. The inconsistent tariff threats by President Donald Trump have scared the survey respondents, who collectively manage around $425 billion in assets, as per a Fortune report. This has led to a selling spree, contributing to the recent stock market correction.
According to the survey, 55% of fund managers consider a trade war-induced recession as the most significant “tail risk” for the market. Over 70% of respondents expect a form of “stagflation,” a combination of slow growth and rising inflation. However, none of the …
Full story available on Benzinga.com
The confidence of global fund managers took a hit amid tariff threats and economic uncertainty, while retail investors capitalized on ‘buy the dip’ sentiment.
What Happened: Bank of America’s (BoFa) monthly global fund manager survey for March indicated a significant drop in growth expectations and U.S. equity allocation, marking the second-largest drop since the survey’s inception in 1994. The inconsistent tariff threats by President Donald Trump have scared the survey respondents, who collectively manage around $425 billion in assets, as per a Fortune report. This has led to a selling spree, contributing to the recent stock market correction.
According to the survey, 55% of fund managers consider a trade war-induced recession as the most significant “tail risk” for the market. Over 70% of respondents expect a form of “stagflation,” a combination of slow growth and rising inflation. However, none of the …
Full story available on Benzinga.com
The confidence of global fund managers took a hit amid tariff threats and economic uncertainty, while retail investors capitalized on ‘buy the dip’ sentiment.
What Happened: Bank of America’s (BoFa) monthly global fund manager survey for March indicated a significant drop in growth expectations and U.S. equity allocation, marking the second-largest drop since the survey’s inception in 1994. The inconsistent tariff threats by President Donald Trump have scared the survey respondents, who collectively manage around $425 billion in assets, as per a Fortune report. This has led to a selling spree, contributing to the recent stock market correction.
According to the survey, 55% of fund managers consider a trade war-induced recession as the most significant “tail risk” for the market. Over 70% of respondents expect a form of “stagflation,” a combination of slow growth and rising inflation. However, none of the …Full story available on Benzinga.com Read MoreBank of America, benzinga neuro, Donald Trump, Equities, fund manager survey, Fund Managers Hoarding Cash, News, Markets, General, News, Equities, Markets, General, Benzinga Markets
