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BofA Survey Shows Full Investor Capitulation Amid Pessimism
Investors slashed their exposure to risk assets to levels not seen even during the global financial crisis in a sign of full capitulation amid a "dire" economic outlook, according to $Bank of America (BAC.US)$ Corp.'s monthly fund manager survey. BofA says inflation is seen falling but the mood is still stagflationary.
Goldman 'Imp...
BofA Survey Shows Full Investor Capitulation Amid Pessimism
Investors slashed their exposure to risk assets to levels not seen even during the global financial crisis in a sign of full capitulation amid a "dire" economic outlook, according to $Bank of America (BAC.US)$ Corp.'s monthly fund manager survey. BofA says inflation is seen falling but the mood is still stagflationary.
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