Fund Manager Sentiment Survey
Posted By Barry Ritholtz On August 18, 2012 @ 3:00 pm In Investing,Psychology | Comments Disabled
Fascinating series of data points about how various fund managers feel about the world. the first is via The Economist [1]:
Global Business Barometer
[2]
Source: The Economist [1]
The second, from BofA Merrill Lynch via Barron’s [3], 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 [3]
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2012/08/fund-manager-sentiment-survey/
URLs in this post:
[1] The Economist: http://www.economist.com/blogs/graphicdetail/2012/08/daily-chart-1
[2] Image: http://www.ritholtz.com/blog/wp-content/uploads/2012/08/20120818_woc823.png
[3] Barron’s: http://online.barrons.com/article/SB50001424053111904628504577589341448275330.html
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