Miner Company
Equity allocations surge as investors bet on earnings and lower rates
Global fund managers raised their allocation to equities by the largest amount on record in May, supported by optimism surrounding corporate earnings growth and expectations that the Federal Reserve could begin cutting interest rates, according to Bank of America's monthly survey released on Tuesday. The survey showed that investor sentiment toward equities improved significantly even as oil prices remained above $100 per barrel and global bond markets faced pressure from stalled peace negotiati
Global fund managers raised their allocation to equities by the largest amount on record in May, supported by optimism surrounding corporate earnings growth and expectations that the Federal Reserve could begin cutting interest rates, according to Bank of America's monthly survey released on Tuesday. The survey showed that investor sentiment toward equities improved significantly even as oil prices remained above $100 per barrel and global bond markets faced pressure from stalled peace negotiations between the United States and Iran.