Cash level According to the survey, growth expectations are the weakest since April 2020, but at the highest level in a year.
According to a survey, 6% of fund managers believe global growth will slow over the next year, and 15% say profit growth will slow. According to Bank of America Securities, the “boom” forecast fell to 61% and the stagflation forecast rose to 34%.
Approximately 85% of fund managers surveyed expect short-term interest rates to rise in 2022 and a single Fed rate hike.
According to a survey, Short China was the busiest trade.
The survey also showed that inflation, China and COVID-19 were the biggest risks.
BofA: BofA Survey Shows Fund Managers Concerned About Growth Expectations
https://economictimes.indiatimes.com/markets/stocks/news/bofa-survey-shows-fund-managers-worried-about-growth-expectations/articleshow/87156314.cms BofA: BofA Survey Shows Fund Managers Concerned About Growth Expectations