FMS Investors – Net % Overweight Equities – Net % Overweight Cash FMS investors still show a greater inclination to invest in the stock market and less interest in holding cash, indicating their ongoing preference for higher-risk assets over cash reserves. Image: BofA Global Fund Manager Survey
Discretionary Investors Equity Positioning and ISM Manufacturing The current discretionary equity positioning already reflects the idea of a “no landing” scenario. Image: Deutsche Bank Asset Allocation
AAII Investor Sentiment Bull Minus Bear Spread The AAII investor sentiment bull minus bear spread, which is in the 91th percentile, raises legitimate concerns that the market may be overheating. Image: Deutsche Bank Asset Allocation
FMS Investors – Net % Expecting Stronger Economy vs. MSCI ACWI The increased optimism among FMS investors on global growth can be seen as a positive sign, potentially indicating a more favorable outlook. Image: BofA Global Fund Manager Survey
Investor Psychology Cycle When investor psychology is overly negative, it may indicate undervalued market prices, presenting buying opportunities for investors who are able to take a contrarian approach and invest when others are fearful. Image: Real Investment Advice
FMS Investors – What Is the Most Likely Source for a Systemic Credit Event? FMS investors view the China real estate as the biggest source of a systematic credit event due to excessive borrowing, with significant implications for the Chinese economy and global consequences. Image: BofA Global Fund Manager Survey
FMS Investors – Net % Say Global Profits Will Improve vs. ISM Manufacturing New Orders/Inventories There is a growing belief among FMS investors that global profits will improve in the future, which is encouraging. Image: BofA Global Fund Manager Survey
Net % Investors Say They Are Overweight Bonds FMS investors currently have their largest overweight position in bonds since the global financial crisis, indicating their strong confidence in lower inflation and yields for the year 2024. Image: BofA Global Fund Manager Survey
FMS Investors Overweight Equities In the current market environment, FMS investors have a more positive outlook on equities. Image: BofA Global Fund Manager Survey
What Investors Consider the Biggest Risk to Markets Right Now The risk of a trade war triggering a global recession is a pressing concern for investors, as it threatens economic growth, financial stability, and market confidence. Image: Yahoo Finance
Investor Sentiment – S&P 500 and NAAIM Index Below 40 The NAAIM index dropping below 40 is often interpreted as active investment managers selling equities at market bottoms, signaling a potential short-term market bottom. Image: Real Investment Advice