Hedge Fund News From HedgeCo.Net

Overvaluation Fears Rise As U.S. Profit Expectations Plummet

(FINalternatives) A record 46% of global investors believe equity markets are overvalued, according to Bank of America Merrill Lynch’s most recent monthly fund manager poll, while cash levels remain elevated at 4.9% and only net 33% of investors believe U.S. corporate profits will improve over the coming year.

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