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‘Nervous Bulls’ Almost Certain Of Soft Landing
Cash levels ticked down and growth expectations rebounded tentatively from an eight-month low, helping to push a survey measure of professional investor sentiment higher for the first time since June.
That's all according to the September installment of BofA's closely-watched Global Fund Manager survey.
The bank's Michael Hartnett attributed a hodgepodge of marginal improvements to the perception that the Fed's on the verge of pulling off the fabled soft landing.
As the figure above shows,
