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Keepin’ It Bearish: Hedge Fund Managers See More Room To Fall

(Valuewalk) Despite the weakness in the stock market, many fund managers see plenty of room for equities to fall, according to Bank of America Merrill Lynch’s November Global Fund Manager Survey….BAML Chief Investment Strategist Michael Hartnett and team said after analyzing the results of their November survey, they’re staying bearish. They explain that fund manager positioning doesn’t signal what they call “The Big Low in asset markets” just yet.

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