Fascinating series of data points about how various fund managers feel about the world. the first is via The Economist:
Global Business Barometer

Source: The Economist


The second, from BofA Merrill Lynch via Barron’s, is based on a survey of 173 fund managers.

Sentiment’s up sharply from July lows, and so is optimism toward the euro zone:

• 15% think the world economy will get stronger in the next 12 months, down from 13% in July
• 21% think corporate profits will deteriorate in the coming year, down from 38% in July
• 38% expect quantitative easing by the European Central Bank, versus 29% last month
• 13% are underweight euro-zone equities, down from 26%

Source: Barron’s


Category: Investing, Psychology

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

5 Responses to “Fund Manager Sentiment Survey”

  1. Futuredome says:

    2012 will be a replay of 2011. Economy will pick up in the 2nd half and I am already noticing it.

    The bigger question is how the 2013 year will progress when fiscal contraction picks up speed and the Eurozone finally comes to a head. That is when things may get ugly.

  2. pauldoesntknow says:

    “15% think the world economy will get stronger in the next 12 months, down from 13% in July”

    Maybe Barron’s isn’t feeling optimistic, but I’m pretty sure 15% is still UP from 13%…

  3. Tim says:

    Obummer over Bombney

  4. philipat says:

    Yes, I noticed that too. Unless there is a typo and it should read 23%?

  5. James Cameron says:

    Regarding the right side of the chart, here’s more from the story:

    “Barack Obama leads Mitt Romney in every region, and by 22 percentage points overall, on the question of which candidate would be better for the world economy. An Obama presidency is also considered better for business, with strongest support coming from those in government, education and health care, pharmaceuticals and biotechnology. When asked which candidate would be better for their own company, executives in every region said President Obama—except in North America where businessmen opted for President Romney by 39.3% to 31.9%.”

    It is quite ironic that the global business community doesn’t share Romney’s view of what he brings to the table. In one of the upcoming debates perhaps he will be asked to explain this conundrum.