All In

Reuters:

Fund managers have built up their biggest overweight position ever on bank stocks following Donald Trump’s surprise U.S. presidential election victory, a survey showed on Tuesday.

Bank of America Merrill Lynch’s monthly fund manager survey for December also showed that global growth expectations rose to their highest in 19 months, and corporate profit expectations rose to the highest in six and a half years.

The monthly survey of 211 clients with $568 billion of assets under management was conducted between December 2 and 8, almost exactly a month after the U.S. election.

Fund managers continued to trim cash holdings. Over the last two months they have been slashed by a full percentage point, usually a sign of “peak greed” that the rally in riskier assets like stocks is about to end. But not this one, BAML said. At least not yet.

Nope, not until everyone is all in and everyone who isn’t all in gets fired.

Then it’s about to end.

Oh, also this is going on. Pleasant dreams.

screen-shot-2016-12-13-at-10-00-53-am

 

What's been said:

Discussions found on the web
  1. Eat Verts commented on Sep 22

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2016/12/13/all-in/ […]

  2. convertir bitcoin a dolar commented on Sep 30

    … [Trackback]

    […] Find More on to that Topic: thereformedbroker.com/2016/12/13/all-in/ […]

  3. kmspaintingllc.com commented on Oct 19

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2016/12/13/all-in/ […]

Read this next.