Behold: Fund Managers Now Most Bullish In Two Years

Fund managers are the most bullish in two years. That was one, among many, takeaways from the February edition of BofA's closely-watched Global Fund Manager survey, released on Tuesday. This month's installment marked the first time since liftoff that investors don't expect a recession. As the figure on the left below shows, the net share saying a downturn is likely in the next 12 months is negative. Given that, it's not surprising that panelists' views on global growth are likewise the most o