22, 2026 Delphi Digital | 09 Investors think a “no-landing” scenario is off the table​ Sources: BoFA...Global Fund Manager Survey, Bloomberg Not to mention the BofA Fund managers survey from last week still...| 11 Condition: fiscal impulse is negative and biased lower due to OBBA front-loading​ Sources: 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...

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...

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

High Yield OAS Data as of April 14th, 2020 Source: FRED, ICE, BofA 6 Let the Bailouts Begin The latest...

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

*Source: BofA Merrill Lynch Global Fund Manager Survey If the perception of trade war risk continues...

Not to mention the BofA Fund managers survey from last week still had only 5% of respondents say a “hard...

Louis, ICE, BofAML 13 Central Bank Liquidity Returns Emerging market economies, many of which are...

Louis, ICE, BofAML 13 Central Bank Liquidity Returns Emerging market economies, many of which are...

PMI Composite Index *High Yield OAS represents the ICE BofAML US High Yield Master II Index value, which...

Pretty surprising stat from latest BofA globa...

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