Pretty surprising stat from latest BofA globa...

Net % of investors currently taking more risk than normal at a record (BofA)....Net % of investors underweight cash for the first time since May 2013 (BofA)....favoring the reflation trade: Over 90% of fund managers expecting higher global inflation in 12M (BofA...

...of fund managers said they were expecting the economy to weaken within the next year, according to BofA...October 2008, while cash exposure has surged to its highest level since 2001. 58% of fund managers in BofA...

Interestingly, a recent BofA note argued that the current selloff “has been more linked to higher rate...

Interestingly, a recent BofA note argued that the current selloff “has been more linked to higher rate...

Per BofA, “only 23% of stonks outperformed the S&P 500 in May, the lowest of any month in our data...