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Some take aways from the BoA 'Global Fund Manager Survey'...(1/5) HT @MillennialMacro
2/5 Global fund manager survey key takeaways...71% think the stock market is overvalued...While still heavily allocated to #US markets, the #EU is most favoured regional equity long & Euro expected to appreciate...#Investing #Macro ImageImageImage
3/5 Global funds managers #commodities allocation is the "highest overweight since July 2011"...Most favoured: #Eurozone, #Materials, #Tech, #Healthcare...Not Favoured: 'Value', Global #Banks, #Bonds, #UK & #Energy...#Investing #Macro #AssetAllocation ImageImage
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