With fund managers reaching their highest bullish sentiment since January 2022 and cash levels dropping close to the contrarian sell signal, coupled with the Financial Stability Board’s advice to hedge funds to increase liquidity for market shocks, there are indications of an impending market reversal.
Fund Managers are the most bullish on stocks since January 2022 pic.twitter.com/CB5ykT2G1M
— Win Smart, CFA (@WinfieldSmart) April 17, 2024
BofA: The average cash level of FMS investors fell to 4.2% from 4.4% of AUM, very close to the <4% contrarian sell signal for equities. pic.twitter.com/kpiwykbKbA
— Win Smart, CFA (@WinfieldSmart) April 17, 2024
Financial Stability Board urges Hedge Funds to hold more liquid assets in order to meet margin calls in case of market shocks pic.twitter.com/Q6MCiJDHV7
— Win Smart, CFA (@WinfieldSmart) April 18, 2024