"FMS investors have predicted worsening profits for two months in a row."
– BofA Hartnett pic.twitter.com/LDOHf9m49q
— Daily Chartbook (@dailychartbook) September 18, 2024
“FMS investors” typically refers to participants in the Fund Manager Survey (FMS) conducted by institutions like Bank of America. This survey gathers insights from global fund managers to gauge their outlook on various financial markets, investment preferences, and risk attitudes. These investors guide large portfolios, making their sentiment significant for market trends.
This highlights a path forward that is generally not discussed: What if lower central bank rates don't move the needle on growth and a soft landing becomes muted growth going forward? https://t.co/iKqEUc8QzP
— Scarlett & Carter's BaPa (@KASDad) September 18, 2024
BofA: “today the average EPS growth rate among AI ETF constituents has fallen from 18% to just 5%, below the S&P 500.” pic.twitter.com/1rdhkYAmCM
— Win Smart, CFA (@WinfieldSmart) September 18, 2024
#recession … #Tech Bubble 2.0 edition https://t.co/ryBSYinUkl
— Invariant Perspective (@InvariantPersp1) September 18, 2024