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%
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.