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Market Watch: Full Capitulation! Fund Managers Have Never Been This Pessimistic on Growth or Profits

July 19, 2022
Market Crash Buy Gold

Article by Steve Goldstein in Market Watch

Fund manager pessimism has never been greater, according to a fresh monthly survey showing both attitudes and allocations at recessionary levels.

Bank of America’s monthly poll of global fund managers, released Tuesday, showed all-time lows in both the percent expecting a stronger economy and those that expect profits to improve. The survey series dates back to 1994.

Optimism is worse than during the ........

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