Need to Know: Fund managers are the least bearish in more than a year, says Bank of America, wiping out a buy signal.


Share post:

A downbeat day is stacking up for Wall Street after surprise rate cuts from China and stronger-than-expected retail sales data.

Prefacing our call of the day is this quote from famed investor John Templeton: “Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.”

Now for the call, which comes from…

Source link

Alexandra Williams
Alexandra Williams
Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Recent posts

Related articles