Equity Holdings in Big Fall
Equity Holdings in Big Fall

Equity Holdings in Big Fall

Equity Holdings in Big Fall

Global investors cut equity holdings by the most in two-years in February, a Bank of America Merrill Lynch survey showed on Tuesday, as world shares had their worst week since early 2016, Reuters reported. The BAML survey of 196 participants with a total of $575 billion under management was conducted between Feb. 2 and Feb. 8, when world equity markets fell by more than 5%. The sharp selloff followed higher than expected US wage growth data which raised fears the US Federal Reserve would have to tighten faster than previously anticipated. In the poll, just 5% of fund managers said global interest rates would be lower in the next 12 months, with 80% expecting them to rise. “The February fund manager survey allocation is positioned for higher rates and a weak US dollar but is now less equivocally pro-cyclical and risk-on,” the bank said. Higher bond yields tend to hurt equities because they increase borrowing costs for companies and ultimately consumers. They also present an alternative to investors who may reallocate some cash from equities.

Short URL : https://goo.gl/b9Rx7L
  1. https://goo.gl/TmBVBL
  • https://goo.gl/z3NiXs
  • https://goo.gl/KER38b
  • https://goo.gl/iwUjQV
  • https://goo.gl/vz5kFb

You can also read ...

Lower-income families, already pinching pennies, are most exposed, given the likelihood of tariff-related price increases on everyday items.
China canceled trade talks with the US and will no longer send...
Dairy Exports Hinder US-Canada Deal
One of the last remaining points of contention in the trade...
Japan to Resist New Auto Tariffs
The Japan-US ministerial-level trade talks scheduled on Monday...
EU foreign affairs chief Federica Mogherinia (L) and Transport Commissioner Violeta Bulc present the proposal  for an EU strategy for connecting Europe and Asia.
While European Union leaders were in the middle of another...
Apple Begins Selling IPhone XS, XS Max Worldwide
Apple’s newest iPhone XS went on sale worldwide Friday as...
Turkey, Venezuela Plan to Use Local Currencies
Turkey and Venezuela are eager to use local currencies in...
Pakistan Seeks  to Increase  Exports to China
In a positive development, an important mission from China is...
Italy CB Urges Caution on Possible Deficit Hike
The governor of the Bank of Italy urged caution on the nation’...

Add new comment

Read our comment policy before posting your viewpoints