BofA Fund Manager Survey: most bullish survey since July 2021. Global growth expectations increase, cash levels at a record low. Bull & Bear indicator at a 'hyper-bull' 9.4
The BofA Fund Manager Survey indicating the most bullish sentiment since July 2021 suggests a strong shift in investor confidence, particularly with rising global growth expectations and record low cash levels.
South African Mining Production YoY (Nov) Y/Y -2.7% vs. Exp. 3.9% (Prev. 5.8%)
South African Gold Production YoY (Nov) Y/Y -6.0% (Prev. -1.2%)
BofA Fund Manager Survey: most bullish survey since July 2021. Global growth expectations increase, cash levels at a record low. Bull & Bear indicator at a 'hyper-bull' 9.4
[MARKET ANALYSIS] European equities continue to slip as trade tension with the US heightens
Uber (UBER) says London could see Robotaxis either this year or next
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This 'hyper-bull' reading on the Bull & Bear indicator signals increasing market risk appetite, which could support equities and other risk assets while posing potential caution for fixed income as investors move into growth-oriented positions.
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