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Boosted by jsonstein@masto.deoan.org ("Jeff Sonstein"):
raymondpert@mastodon.cloud ("R. Scott Pert") wrote:
Markets: According to Bank of America: "biggest drop in US equity allocation ever."
> A new survey from Bank of America shows that global fund managers are moving out of domestic companies in what analysts at the financial giant describe as the "biggest drop in U.S. equity allocation ever." The reason: growing pessimism about the country's economic outlook as the Trump administration beats the drum for a #tradewar with #Canada, #Mexico, #China and other countries
https://www.cbsnews.com/news/stocks-down-trump-tariffs-trade-wars/ #stocks